Pharmacy
The increase represents a substantial impact, especially given the use of many high-cost drugs, the report says. The firm also points to biosimilars as opportunity to thwart spending.
Advisors to the ambitious plan include former CMS head Don Berwick, MD, and Harvard professor Clayton Christensen, among others.
The former Eli Lilly CEO also told the Senate Finance Committee affordability and the opioid epidemic round out his top four priorities.
Opioids and heroin play a big role, but so do variations in primary care and mental health services.
The most important developments hospital finance and operations executives should understand heading into 2018.
Raymond Kraynak doled out millions of opioids without a "legitimate medical purpose," DOJ says.
Providers, insurers are among those closely watching for signs of online giant getting into pharmaceutical business.
Report says U.S. could achieve lower prices for prescription drugs by consolidating its bargaining power and providing greater flexibility in formulary design.
Injuries resulting from medication use are among the most common types of inpatient injuries at U.S. hospitals, affecting hundreds of thousands of patients every year.
CMS said it would cover the test to make the targeted therapy options available to healthcare professionals, patients and eligible Medicare beneficiaries.