Financial

HCEG Top 10 Concerns For the last 10 years, the Healthcare Executive Group has asked its members what they see as the coming year’s primary opportunities, challenges and issues. Many of these concerns cover areas where pharmacy leaders can and should play a strategic role in hospital operations. Known as the HCEG Top 10, the group’s

Sustainable cost control is the new number one concern for hospital CEOs, according to the latest Annual Health Care CEO Survey by the Advisory Board. The Advisory Board surveyed 146 c-suite hospital executives between December 2017 and March 2018 and found that 62 percent were extremely interested in sustainable cost control. Since pharmacy plays a

Rapidly rising drug prices and shortages are predicted to continue for the foreseeable future, say industry experts. In fact, Vizient issued a drug price forecast predicting a 7.35 percent price increase in pharmaceutical purchases made between July 2018 and June 2019. The good news is that pharmacy leaders can help their hospital mitigate these budget busters.

Hospitals Continue to Battle Drug Shortages and High Drug Prices The coming year is already shaping up to be a challenging one for hospitals and their pharmacies. With profits tightening as drug prices increase dramatically and shortages continue, it’s incumbent upon pharmacy managers to stay current on ways to contribute to their hospital’s bottom line.