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Hospitals and pharmacies grapple with rising drug prices

By St. Louis Post-Dispatch  
   November 17, 2014

Fed up with the rising price of drugs, Ascension Health last month did something unusual. It publicly banned a drug company's sales reps. The reason: The company had reclassified three cancer drugs, causing prices to spike. In a memo to employees, Dr. Roy Guharoy and Michael Gray, two top executives with the Edmundson-based hospital chain, explained: "Already scarce resources will need to be stretched with potential serious impact on the range and breadth of health services we currently provide to our patients and our communities." The move proved largely symbolic.

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