Tag Archives: Drug

Drug shortages add millions to hospital costs, survey finds

Dive Brief: Hospitals in the U.S. spent more than 8.6 million hours of additional worker hours and just under $ 360 million per year to manage drug shortages, according to a first-of-its-kind survey from healthcare performance management firm Vizient. All 365 hospitals responding to the survey experienced shortages and two-thirds reported at least 20 shortages… Read More »

Drug Companies Are Focusing on the Poor After Decades of Ignoring Them

Twenty years ago, thousands of Africans died of AIDS each day as pharmaceutical companies looked on, murmuring sympathy but claiming that they could not afford to cut the prices of their $ 15,000-a-year H.I.V. drugs. It’s hard to imagine such a nightmare unfolding today. Vast changes have swept the drug industry over the last two… Read More »