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7 ways hospitals can cut drug costs

June 12, 2017

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Prescription drug costs are one of hospitals’ biggest expenses, and it doesn’t look like the trend’s going away anytime soon. As pharmaceutical companies continue to raise their prices, hospitals bear the brunt of the increases.

Although the current presidential administration has promised to take a hard stand against rising drug costs, no final decisions about healthcare reform have been made just yet. That means it’s up to hospitals to manage expenses wherever they can.

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