Tag Archives: Drug

Drug shortages cost hospitals close to $360 million annually in labor expenses

Drug shortages are challenging pharmacy teams in hospitals across the U.S. A new survey from Vizient finds that, on average, hospitals dedicate more than 8.6 million hours of additional labor hours annually to manage drug shortages. The financial impact adds up to just under $ 360 million annually in labor costs for time spent seeking… Read More »

Drug manufacturer to pay $225 million to end opioid investigations

Drug manufacturer Insys Therapeutics Inc. has agreed to pay $ 225 million in order to end federal investigations into allegations that it used illegal marketing schemes to push a powerful opioid-based painkiller. Federal prosecutors allege that company used kickbacks and veiled bribes in order to sell a fentanyl spray, called Susbys, which is designed for… Read More »

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