Tuesday, September 12, 2017

Providers Reduce Waste to Work Around Ballooning Drug Prices

Today's blog features another informative health care industry article courtesy of Modern Healthcare. Alex Kacik writes that Cleveland Clinic is one of the biggest users of the heart drugs, nitroprusside and isoproterenol. Over the past three years these prices surged 30-fold and 70-fold and caught the provider's attention. These drugs are commonly used in life-threatening situations.

Kacik continues, "Valeant Pharmaceuticals acquired the rights to the off-patent drugs in 2015 and drastically increased the prices."

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