Over the past year, you’ve most likely heard about CBD, or cannabidiol, in the news. The market for CBD is growing so rapidly that it’s predicted to surpass $15 billion by 2026. CBD can be applied directly to the skin or taken orally. Although it comes from the cannabis plant, it is non-intoxicating like THC, […]
Tag: prescription drugs
To help keep you aware of substantial updates happening in healthcare, we’ve rounded up the most recent industry updates concerning new laws, initiatives, pilot programs and more across the country. FDA Approves New Opioid to Help Manage Acute Pain With High Regulations At the end of 2018, the FDA authorized a new opioid to help […]
Statistics regarding the current opioid crisis in the U.S. continue to indicate cause for alarm in comparison to previous years. According to the National Institute of Drug Abuse, a subset of the U.S. National Institutes of Health (NIH), an estimated 115 people in the U.S. die every day from opioid-related overdoses as of March 2018. […]
Unlike national programs such as Supplemental Security Income and state-federal partnerships like Medicaid, the structure and the funding of WC initiatives are entirely determined by statehouses.
Prescription drugs are critical to any effective healthcare system, but in the U.S. they are also a growing financial burden on patients, employers and care providers, many of whom struggle to keep up with their high costs. According to separate reports from the Medicare Payment Advisory Commission and the IMS Institute for Healthcare Informatics, prescriptions accounted for a […]
Not every aspect of the shifting health care market is clear, but one thing is for certain: The importance of pharmacy benefit management companies (PBMs) is increasing. Drug prices are rising, and PBMs continue to act as intermediaries between insurance companies, pharmacies and manufacturers to reduce prices for insurers and patients whenever possible. PBMs have […]
Medications are a mainstay in the US health care system. According to CDC statistics, three out of four doctor visits involve a medication in some way. So it’s not too surprising that nearly half of Americans have used at least one prescription medication in the past month. Among Americans ages 60 and older, more […]