Controlled substances became a little less controlled during the pandemic. That benefited both patients (for their health) and telehealth startups (to make money).
Reports indicate a proposal to give Medicare the power to “negotiate” drug prices could be a key feature of any compromise.
Drugs companies raised prices on hundreds of medications on Jan. 1, with most prices up 5% on average.
Prices went up on 460 drugs, which tracks in line with recent years, according to STAT News.
Consumer Reports has some advice on how to get the #medicine you need at an affordable price.
#Healthcare
(Via Yahoo Finance) Surescripts, the nation’s leading health information network, is further streamlining the specialty medication process with two new…
Pharmaceutical companies have an unusual ability to perform a relatively unregulated activity and push up drug prices beyond inflation.
The Pharmaceutical Benefits Manager (PBM), is an organization that provides services, educational programs, and patient support services. PBMs can negotiate large contracts with their customers and negotiate with the pharmaceutical companies and pharmacies for the best prices.
President Trump signed an executive order Monday on price transparency in health care that aims to lower rising health care costs by showing prices to patients. The idea is that if people can shop around, market forces may drive down costs.
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(Source) Children with respiratory symptoms such as sniffling and a sore throat are more likely to be prescribed antibiotics if…