AHA Calls PhRMA Report On Hospital Drug-Price Markups A Diversion

Hospitals returned fire at brand drug makers Thursday (Sept. 6) after the Pharmaceutical Research and Manufacturers of America published a report on hospital markups of drug prices. PhRMA reported that one in five hospitals mark up drug prices nearly 500 percent on average. “It’s also important to note that nearly 50 percent of Medicare acute care hospitals in the United States participate in the 340B drug pricing program, and the average markup at 340B hospitals is likely much higher,” PhRMA...