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    Ten ways hospitals can manage rising drug costs

     

     

    6. Use power in numbers

    While hospitals can advocate for change with elected leaders, there is also something to be said about efforts made at the larger organization level. National organizations involved in healthcare policy change can have a big impact that shouldn't be underestimated.

    One of those organizations is the American Society of Health-System Pharmacists (ASHP). ASHP participates in national coalitions like the Steering Committee of the Campaign for Sustainable Rx Pricing (CSRxP), which brings stakeholders in the healthcare industry together to identify policy options that have a good probability of bipartisan support and eventual passage. CSPxP focuses on policies to incentivize a more competitive marketplace to stimulate lower medication prices. This could happen through loosening restrictions that prevent generic drug companies from obtaining samples necessary to manufacture a competing product.
     

     

    Rachael Zimlich, RN
    Rachael Zimlich is a freelance writer in Cleveland, Ohio. She writes regularly for Contemporary Pediatrics, Managed Healthcare ...

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