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Friday, February 2, 2018

Fed Up With Drug Companies, Hospitals Decide to Start Their Own

I can see this being a reasonable option for large integrated hospital systems which can designate a central compounding pharmacy to internally make and distribute pharmacy products within their own systems in order to secure their supply chain for day-to-day operations. Smaller hospitals may have to engage in collaborative partnership agreements to do likewise. With generic medications being in shortable or having sudden price spikes and with common products like saline being under shortage, many are suspicious that such shortages may be artificially created to induce scarcity in the market with sequelae of price escalation. Imagine the irony of saline (salt water), the most abundant product on planet Earth, being in shortage. The issue apparently has gotten concerning enough to warrant hospitals considering their own solutions. This is akin to having frequent power outages such that you lose confidence in the public power grid and resort to buying your own home backup generator. http://ift.tt/1VMjaZw
from Rajesh Harrykissoon, MD