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Opinion: Reduce drug spending by drastically simplifying monopolies on drugs

STAT

In 2024, total U.S. spending on prescription drugs was almost $800 billion. Although low-cost generic drugs filled 91% of all prescriptions, the 9% of prescriptions filled with a branded medicine accounted for 84% of drug spending.

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2024 Pharmacy Trends to Look For

Digital Pharmacist

Recognizing and addressing these changing dynamics is crucial as we step into 2024. Digital Transformations As in the past years, one of the top pharmacy trends of 2024 remains to be “digital.” The post 2024 Pharmacy Trends to Look For appeared first on Digital Pharmacist.

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Revolutionizing Health Care: The Evolving Path of E-Prescriptions

National Association of Boards of Pharmacy

Further, a lack of interoperability between pharmacy systems can prevent electronic data sharing between competing pharmacies, which can be frustrating for patients, prescribers, and pharmacy staff when prescriptions are sent to the wrong pharmacy or the patient decides to have the prescription filled elsewhere.

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NHC Comments on Response to the Medicare Program; Request for Information on Medicare Advantage Data

Putting Patients First Blog

22182 (March 28, 2024). Findings from the Commonwealth Fund 2024 value of Medicare survey. Retrieved from https ://www.commonwealthfund.org/publications/surveys/2024/feb/what-do-medicare-beneficiaries- value-about-their-coverage 7 American Medical Association. NHC comments on Medicare Prescription Payment Plan.

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NHC Comments on Negotiation Data Elements and Drug Price Negotiation Process for Initial Price Applicability Year 2027 under Sections 11001 and 11002 of the IRA ICR Forms

Putting Patients First Blog

Findings from the Commonwealth Fund 2024 value of Medicare survey. Retrieved from [link] www.commonwealthfund.org/publications/surveys/2024/feb/what-do-medicare-beneficiaries- value-about-their-coverage 2 American Medical Association. Prior authorization and association with delayed or discontinued prescription fills.

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NHC Comments on Medicare Drug Price Negotiation Program: Draft Guidance, Implementation of Sections 1191 – 1198 of the Social Security Act for Initial Price Applicability Year 2027 and Manufacturer Effectuation of the Maximum Fair Price (MFP) in 2026 and 2027

Putting Patients First Blog

Findings from the Commonwealth Fund 2024 value of Medicare survey. Retrieved from https ://www.commonwealthfund.org/publications/surveys/2024/feb/what-do-medicare-beneficiaries- value-about-their-coverage x American Medical Association. Prior authorization and association with delayed or discontinued prescription fills.

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The Lilly Digest

Ramblings of a pharmacist

I’ll also note that I’m not certain that the “Pharmacy” revenue is ONLY prescription fills. Digest per prescription revenue figure is believable (it’s also down about $6 since I started paying attention to the Digest , hence my annoyance at people that blame pharmacists for “skyrocketing drug prices.”