When it comes to most consumer goods, the flashy new items are the ones that fetch the highest dollar. Meanwhile, the price of the ordinary, decades-old models without the latest bells and whistles tend to remain relatively flat and unchanged. As an example of this pattern, you can look no further than vacuums.
Unfortunately, outpatient drugs aren’t like vacuums.Read more
There was a time when hospitals stocked Intensive Care Units with vasopressin like it was a common antibiotic. The inexpensive price tag supported buying the drug in bulk, and its use to fight sepsis and restore the flow of blood to vital organs like the brain made it an essential component of any crash cart.Read more
When it comes to consumerism in health care, one of the most important things we constantly urge for our readers is to be a knowledgeable consumer. That means doing the preparation in advance to know what type of out-of-pocket costs you might expect so that you can best prepare for your financial responsibility as a patient.Read more
While the toll taken on Americans by rising drug costs shouldn’t come as much of a surprise, a new report issued by the Centers for Disease Control and Prevention (CDC) has shed light on the depths of that impact.Read more