This information was sent to us by IMRI:
Increasing drug shortages are impacting patient care and increasing costs to the nation’s health system, according to a new study released today by the American Society of Health-System Pharmacists (ASHP). The study was conducted in partnership with the University of Michigan Health System, and published online.
The research found:
- The labor costs associated with managing shortages translates to an estimated annual impact of $216 million nationally.
- Reallocation of existing staff, including from patient care duties, to allow time for individuals to focus on managing shortages was commonly reported (32 percent),
- More than 90% of respondents agreed that drug shortages were associated with an increased burden and increased costs today compared to two years ago.