Retail Perscription Drug Expenditures

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Retail Drugs


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2 Responses

  1. Projection of Medicare Savings Attributable to GPOs

    An analysis of the National Health Accounts by Dobson displays the projection of Medicare savings attributable to GPOs (Group Purchasing Organizations) at an 80% penetration rate ($ in billions). The numbers from the report are:

    5 Year Savings (2013-2017)
    • 10% Savings ($49.7)
    •15% Savings ($78.9)
    •18% Savings ($98.1)

    10 Year Savings (2013-2022)
    •10% Savings ($116.0)
    •15% Savings ($184.3)
    •18% Savings ($229.3)

    Source: Centers for Medicare and Medicaid Services (Dobson | DaVanzo)


  2. 4.4 Billion Prescription Drugs Were Dispensed in 2015

    The IMS Institute for Healthcare Informatics recently conducted an analysis on medication spending trends. Here are some key findings from the report:

    • Total spending on medicines in the U.S. reached $310 billion in 2015.
    • 2015 saw a 8.5% total spending increase for medicines in the U.S. compared to 2014.
    • Specialty medicines contributed more than two-thirds of overall growth between 2010 and 2015.
    • 2015 saw a 21.5% spending increase for specialty medicines to $150.8 billion on an invoice price basis.
    • The average patient cost exposure for brand prescriptions reached $44 per prescription in 2015.
    • Total prescriptions dispensed in 2015 reached 4.4 billion, up 1% year over year.

    Source: IMS Institute for Healthcare Informatics, April 14, 2016


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