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
