Tag Archives: shortages

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 »

Hospitals band together to make drugs to combat shortages and high prices

Intermountain Healthcare made a splash in January when it said it and other major hospital systems, fed up with drug shortages and skyrocketing prices, planned to manufacture their own generic medicines. Now it has a plan for how it’s going to do it. The Salt Lake City-based hospital system is teaming with the Mayo Clinic,… Read More »