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A small but growing subset of generic drugs experienced sudden large price increases from 2007 to 2013

Price Hikes Noted in Small Subset of Generic Drugs

Small but growing proportion of drugs experiencing at least doubling in price
Preventable cardiovascular events place a considerable health and economic burden on the United States

Preventable Cardiovascular Events Are Big Economic Burden

About 16.3 million events, totaling $173.7 billion in hospitalization costs, could occur in 2017 to 2021
Despite large health policy changes

For Employer-Based Plans, Spending Across Services Steady

Spending increased, but not uniformly, across all categories of health services from 2007 to 2016
A pharmaceutical executive is defending his company's 400 percent price hike on an antibiotic

Pharmaceutical Executive Defends 400 Percent Price Hike

Price for nitrofurantoin increased from $474.75 to $2,392 in August; exec cites 'moral imperative'
On average

Hospitals Charge 479 Percent of Cost of Drugs on Average

Seventeen percent of hospitals charge 700 percent of cost; 8 percent have markup over 1,000 percent
Prices for drugs under shortage increase more than twice as quickly as expected in the absence of a shortage

Drug Prices Increase More Than Expected After Shortages

Expected price increase 20 percent for all drugs after shortage versus 9 percent in absence of shortage
For commonly prescribed cardiovascular drugs

Drug Prices Seem Not to Be Influenced by Their Value

Incremental cost-effectiveness ratio of 30 heart medications varied from cost-saving to costly

National Association of Chain Drug Stores, Aug. 25-27

The National Association of Chain Drug Stores Total Store Expo The Total Store Expo of the National Association of Chain Drug Stores (NACDS)...
Hospitals receiving bundled payments are reducing skilled nursing facility use and improving care integration to improve quality and control costs

Hospitals Using Two Strategies to Up Quality, Lower Costs

Findings based on interviews with hospitals participating in Medicare bundled payments
Three U.S. health care foundations and seven hospital groups have formed a generic drug company to combat high prices and chronic shortages of medicines.

Hospital Groups Launch Own Generic Drug Company

The company, Civica Rx, will start with 14 widely used hospital drugs