Data Insight: How Does the Healthcare Industry Lower Prescription Drug Spending?
This Data Insight analyzed Medicare prescription drug data to understand exactly why prescription drug spend is so high. Analysis reveals the healthcare industry's spending patterns do not align with its priorities as a disproportionate amount of Medicare payments go toward prescription medication compared to other areas of care. Lowering the cost of prescription drugs is going to take more than rate negotiations and price caps. The healthcare industry needs to align its payments to its values.
Published on August 09, 2021
