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 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.
