Congress Targets ‘Gray Market’ Pharmacies Selling Overpriced Painkillers

Members of Congress are currently investigating fake pharmacies inflating the prices of painkillers and other drugs in short supply, according to an Associated Press report.

Advertisement

A nationwide drug shortage has caused patients to endure unnecessary discomfort, preventable complications and longer hospital stays, leading to millions of dollars in extra hospital costs, the report said. Most of the hard-to-find drugs in question are generic surgery sedatives, antibiotics and painkillers.

A new crop of wholesalers known as “gray market” pharmacies purchase prescription drugs in short supply from credible wholesalers and resell them to physicians and hospitals at greatly marked-up prices, intending to capitalize on the current drug shortage. There are currently no laws curbing these practices.

“If it’s not illegal, we’re going to have to find a way to make it illegal, because this threatens virtually every person in the country,” said Rep. Elijah Cummings in an interview with the Associated Press.

Related Articles on Pain Management:

Florida County Likely to Extend Ban on New Pain Clinics
Massachusetts Physician: Online Painkiller Database is Necessary
New Online Pain Management Portal Offers Instructional Videos, Discussion

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.