Search Tag: Drug Costs

Executive Health Management

3 ways to contain medicine costs and shortages

2019 08 Jan

With drug prices and supply often at odds with each other, for example when supplies are plentiful but costs reach sky-high levels, what can a hospital exec do to mitigate the impact on operations? Pharmacy directors at three health systems give their views.   Create your own drug company   Trinity Health, based in Livonia, Michigan,... Read more

Executive Health Management

Cutting Drug Costs

2017 28 Jun

Prescription drugs are high on the list of hospitals’ biggest expenses. Whenever prices of drugs go up, it's the hospitals that bear the brunt of the increases, as these costs have a direct impact on their budgets.   The Trump administration has promised to take a hard stand against rising drug costs, although no final decisions about... Read more