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18
A quarter of US hospitals cut staff to cope with rising drug costs from 2015 to 2017

A quarter of US hospitals cut staff to cope with rising drug costs from 2015 to 2017, study finds Written by Alia Paavola | January 16, 2019 | Print | Email inShare Hospital drug spending jumped by 18.5 percent between 2015 and 2017, a rate that caused one in four hospitals to cut staff to ease budget pressures, a new study found. The report was conducted by the research group NORC at the University of Chicago and commissioned by the American Hospital Association, the Federation of American Hospitals and the American Society of Health System Pharmacists. For the report, researchers analyzed a combination of survey data, informational interviews with hospital executives and pricing and spending data from two group purchasing organizations. The analysis included more than 4,200 U.S. hospitals. https://www.beckershospitalreview.com/pharmacy/a-quarter-of-u-s-hospitals-cut-staff-to-cope-with-rising-drug-costs-from-2015-to-2017-study-finds.html