The price of prescription drugs has skyrocketed over the past several years. These price increases are extremely troublesome throughout the health care system. Unchecked drug price increases are not sustainable, and are a serious economic threat to the patients and communities we serve. They not only threaten patient access to drug therapies, but challenge providers’ abilities to provide the highest quality of care.
Did you know?
- Last year total spending on prescription drugs surpassed $309.5 billion
- Spending on drugs rose 8.5% in 2015
- The cost of some drugs jumped as much as 3,600% over two years
Hospitals bear a heavy financial burden when the cost of drugs increases. They are not only major purchasers of drugs, but patients often end up in the hospital when they cannot afford to take their medications as prescribed. To that end, the American Hospital Association is proud to be an active member of Campaign for Sustainable Rx Pricing – a diverse coalition of doctors, hospitals, pharmacists, employers, health plans, seniors, patients, consumers and others coming together to find common ground and solutions.
Moving forward, the AHA is committed to working for action on policies that foster transparency, competition and value while fostering innovation.
- Jan 12, 2017 | MedPAC finalizes 2018 payment recommendations for hospital services
- Jan 6, 2017 | OIG: High-price drugs driving up cost of Medicare Part D catastrophic coverage
- Jan 4, 2017 | HRSA issues final rule on 340B drug ceiling prices, manufacturer penalties
- Jan 4, 2017 | CDC reports on trends in drug overdose deaths
- Jan 4, 2017 | SAMHSA: Fewer Americans driving under the influence
- Dec 20, 2016 | HHS report to Congress shows increase in prescription drug spending
- Dec 16, 2016 | FDA issues warning on use of general anesthetic and sedation drugs in children
- Dec 16, 2016 | Administration will not finalize Medicare Part B drug payment model
- Dec 16, 2016 | CMS issues final rule on notice of benefit and payment parameters for 2018
- Dec 12, 2016 | Hospital-acquired conditions fall 21% over five years
- Oct. 11, 2016 | Infographic: A Dose of Facts
- Jan 09, 2017 | AHA to House supporting H.R. 304, the Protecting Patient Access to Emergency Medications Act of 2017
- Oct 11, 2016 | AHA Comments to CMS on 340B Proposed Rule on Administrative Dispute Resolution Process
- Oct 11, 2016 | Hospital Data Show Skyrocketing Drug Prices