News Headlines Article

Hospital Drug Shortages Reach 10-Year High, Cost Hospitals $200M Annually
Health Leaders Media

A near crisis shortage of drugs, especially chemotherapy, sedation, and pain relief medications, is endangering patient safety and costs hospitals more than $200 million annually for higher priced substitutes, according to Premier Inc., a hospital purchasing alliance.

“For months, our healthcare system has experienced a 10-year high in the drug shortage arena, with 240 drugs in short supply or completely unavailable in 2010, and many remain in short supply or unavailable in 2011,” says Mike Alkire, president of Premier Purchasing Partners.