PHRMA-BACKED STUDY SHOWS HOSPITALS SIGNIFICANTLY HIKE DRUG PRICES
A study commissioned by Pharmaceutical Research and Manufacturers of America (PhRMA) revealed that hospitals across the United States typically charge five times more for medications than their costs. This results in an increase in cost-sharing and premiums for patients, the study found. The latest study follows one conducted two years ago with similar results.
The pricing analysis was conducted by the Moran Company and builds on a previous study conducted in 2017.
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