About PhRMA
The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading innovative biopharmaceutical research companies, which are laser focused on developing innovative medicines that transform lives and create a healthier world. Together, we are fighting for solutions to ensure patients can access and afford medicines that prevent, treat and cure disease. Over the last decade, PhRMA member companies have invested more than $850 billion in the search for new treatments and cures, and they support nearly five million jobs in the United States.
Connect with PhRMA
For information on how innovative medicines save lives, please visit:
www.PhRMA.org
www.VotersforCures.org
www.AmericasMedicines.com
www.Facebook.com/PhRMA
www.X.com/PhRMA
To download the full report, click here.
An analysis from The Moran Company found nearly one in five hospitals marks up medicine prices 700 percent or more. With this 700 percent markup, a $150 medicine purchased by a hospital could cost patients up to $1,050. Additionally, eight percent of the hospitals included in the study (320 total) marked up some medicine prices more than 1,000 percent. The study was commissioned by PhRMA and looked at total costs and charges for all medicines from 3,792 hospitals using Centers for Medicare and Medicaid Services (CMS) data.
Moran Company Study on Hospital Charges and Reimbursement for Medicines image
Report
Cost and Value
Moran Company Study on Hospital Charges and Reimbursement for Medicines
Moran Company Study on Hospital Charges and Reimbursement for Medicines image