Here are five key findings from the report:
• Spending on new brands increased by $20.2 billion in 2014.
• Specialty medicines now account for one-third of spending, and spending on specialty medicine increased by 26.5 percent to $124.1 billion in 2014.
• Nominal spending on pharmaceuticals reached $373.9 billion in 2014.
• Medicaid was the leading driver of retail prescription growth.
• Overall Medicaid prescriptions increased 16.8 percent in 2014.
More articles on ASC issues:
Source Medical welcomes 6 new executives
SCA appoints new CFO, Nobilis to acquire Houston surgical hospital & more – 5 ASC company key notes
Nobilis Healthcare to acquire Victory Healthcare Houston Hospital: 3 things to know
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
