December 26th 2024
Check out this year's top coverage from The Academy of Managed Care Pharmacy (AMCP) Nexus 2024 meeting, which included relevant topics in health care policy, novel pharmaceutical developments, financial considerations across multiple conditions, and more.
December 16th 2024
Conceptual Paper Proposes Four Cost-Reducing Interventions for In Vitro Diagnostics
December 14th 2017US healthcare spending is on the rise, and is expected to comprise over 20% of the gross domestic product by 2025. Current expenditures are expected to double by 2060 if the pace of spending in the past decade continues. In this healthcare landscape, in vitro diagnostics (IVD) have increasingly become the subject of scrutiny, as IVDs are perceived as contributing to soaring costs.
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The Switch From Filgrastim to a Cheaper Alternative: Tbo-Filgrastim
December 1st 2017With the increasing emergence of less expensive biologic alternatives, some health systems are making the switch. For a large healthcare system, the arrival of a cheaper alternative to filgrastim prompted the conversion to using tbo-filgrastim as the preferrred granulocyte-colony stimulating factor. The results were shared in a study published by the Journal of Managed Care & Specialty Pharmacy.
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Study Finds Oncology Care Is Cheaper in Community Settings Than Hospital-Based Practices
November 17th 2017Authors of the study found that the mean total, chemotherapy, and physician costs were all lower in community settings compared with hospital-based settings for patients with breast, lung, and colorectal cancer. There were also fewer emergency department visits both 3 and 10 days following treatment.
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Service Price, Intensity Drove Increases in US Healthcare Spending From 1996-2013
November 14th 2017A study published in JAMA analyzed 155 health conditions, 36 age and sex groups, and 6 types of care to determine the impact of population growth, population aging, disease prevalence or incidence, service utilizations, and service price and intensity on healthcare spending increases in the United States from 1996 to 2013.
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CMS Finalizes Reform That Will Adjust Payments for the 340B Program
November 2nd 2017The reform will adjust payment for drugs purchased through the program, relieve some burden for rural hospitals, and exempt rural sole community hospitals, certain cancer hospitals, and children's hospitals.
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Evidence-Based Guidelines to Reduce Excessive Laboratory Testing
October 25th 2017In addition to the cost, the excessive overuse of laboratory testing causes patient discomfort and can lead to hospital-acquired anemia, which results in additional testing, prolonged hospitalizations, unnecessary transfusions, and increased mortality for patients with cardiopulmonary diseases.
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With the clinical and financial implications of high-cost medications, and their impact on health system revenue, it is of utmost importance for all key stakeholders to be engaged in the complex revenue cycle.
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Federally Qualified Health Centers Prepare for Challenging Path Ahead
September 20th 2017Federally qualified health centers face significant financial and competitive pressures, but executives reported in a recent survey that they have identified areas for improvement and are planning a path to success.
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What Do Pharmaceuticals Really Cost in the Long Run?
This study found that brand price at launch and generic entry overstates long-run average pharmaceutical costs, with and without accounting for medical cost offsets.
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Evaluation of a Hospital-in-Home Program Implemented Among Veterans
The Hospital-in-Home program implemented at the Veterans Affairs Pacific Islands Health Care System in Honolulu, Hawaii, is associated with reduced costs with no compromise in quality.
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Predicting High-Cost Privately Insured Patients Based on Self-Reported Health and Utilization Data
July 31st 2017The results of this study show that patient-reported data on health and healthcare can be useful in predicting high-cost patients when claims data for prior years are not available.
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Availability and Variation of Publicly Reported Prescription Drug Prices
Retail prices for commonly prescribed drugs are often absent from state prescription drug price websites, but when reported, can vary substantially.
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The Association Between Insurance Type and Cost-Related Delay in Care: A Survey
In a survey of patients and visitors to a large academic medical center, middle-income respondents with private insurance reported more cost-related delays in care than those with public insurance.
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Can the 4 Ps Devise Interventions to Reduce the Financial Toxicity of Cancer?
July 21st 2017A discussion at the 2017 American Society of Clinical Oncology Annual Meeting addressed practical solutions to address the financial toxicity of cancer care and identified leads for future intervention studies aimed to prevent or reduce this burden.
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Study Queries Cost—Quality Tradeoff in Narrow Oncology Provider Networks
July 20th 2017Researchers at the University of Pennsylvania have recognized that narrow provider networks are quite likely to exclude National Cancer Institute—Designated Cancer Centers or National Comprehensive Cancer Network Cancer Centers, which could prevent patient access to high-quality cancer care.
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Comparative Effectiveness and Costs of Insulin Pump Therapy for Diabetes
Evaluation of healthcare utilization and costs over 3 years for adults with insulin-requiring diabetes who transition from multiple daily insulin injections to insulin infusion pumps.
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Case Study: How Does an ACO Generate Savings Three Years in a Row?
Increasing accountable care organization savings is dependent on maximizing quality scores and increasing the number of beneficiaries while maintaining a low per-capita spend through efficiencies of care.
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