PRICE TRANSPARENCY

Prescription price transparency is critical to lowering patients’ out-of-pocket costs and preventing “sticker shock” at the pharmacy, which negatively impacts medication adherence and patient safety.

April 23, 2018

Patients’ Out-of-Pocket Cost Should Weigh Into Prescribing Decisions

Americans spent $425 billion on prescriptions in 2015, a more than 12 percent increase from 2014. And the nation’s spending on medicines is forecasted to reach $610-640 billion in 2020. Adding to these costs is prescription abandonment due to unpleasant copay surprises at the pharmacy and the resulting medication non-adherence.  Read more...

March 22, 2018

HIMSS18 Panel Gets Candid About Prescription Price Transparency

In advance of its highly anticipated conference—widely regarded as the world’s largest health information tradeshow—HIMSS posed this question on its homepage: “Are you ready for the next step in health?” Based on the enthusiasm of the more than 40,000 people who traveled to Las Vegas for this year’s show, the answer was a resounding “yes!” Read more...

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