The changing generic marketplace has an outsized influence on hospital pharmacy budgets; the ebbing generic wave combined with supplier contraction for many existing generic medications translates into fewer opportunities for price savings. Likewise, a strong focus by drug manufacturers on orphan products and specialty medications is driving significant increases in drug spend.
To analyze these trends and their impact on hospital pharmacy, Pharmacy Purchasing & Products conducted a survey of hospital pharmacy directors nationwide and received 386 responses, yielding a confidence interval of 4.82 (95% +/- 4.82).
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