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Drug shortages drain at least $359M from health systems
Modern Healthcare

Drug shortages cost providers nearly $360 million a year in labor expenses, a new survey has found.

Hospitals and affiliated facilities dedicate more than 8.6 million hours per year working around persistent drug shortages, according to a new Vizient survey of 365 health system employees polled from July to December 2018. The distraction resulted in at least one medication error for 38% of the organizations surveyed by the group purchasing and consulting organization.