Tag: formulary economics
Hospital Formulary Economics: How Institutions Choose Generics to Cut Costs Without Compromising Care
Hospitals choose generic drugs based on clinical safety, supply reliability, and real-world performance-not just price. Learn how Pharmacy and Therapeutics committees make these critical decisions under growing economic and regulatory pressure.
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Generic drugs save money, but counterfeit versions put lives at risk. Learn how strict quality control standards like cGMP, serialization, and advanced testing prevent fake medicines from reaching patients - and why they work better than you think.
Published ON: 12 FebLearn how to read FDA safety communications about your medications. These updates can change how you take your drug, warn of new side effects, or tell you when to call your doctor. Don't ignore them.
Published ON: 19 FebGeneric and brand-name drugs have the same active ingredients, so their risk for drug interactions is essentially identical. Learn what really matters - and what doesn't - when switching medications.
Published ON: 2 FebLower generic drug prices directly improve patient adherence, reduce hospitalizations, and save billions in healthcare costs. Studies show that when out-of-pocket costs drop, people take their meds-leading to better health and fewer preventable deaths.
Published ON: 14 FebSwitching health plans? Your generic drug coverage could cost you hundreds or thousands more if you don't check the formulary tiers, deductible rules, and pharmacy networks. Learn how to compare plans smartly to save on prescriptions.
Published ON: 26 Feb