Devastating Drug Shortages and How Hospitals Can Mitigate Them

Devastating Drug Shortages and How Hospitals Can Mitigate Them

Unfortunately, drug shortages are here to stay for the foreseeable future, and they cause great distress for health systems, their staff...

Read on hitconsultant.net

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The article discusses the challenges and consequences of drug shortages in modern medicine. Over 300 drugs are often on the FDA's shortage list, affecting patients, particularly in the case of life-saving medications like cancer drugs. Causes of shortages range from contamination to supply chain issues, with downward pressure on drug prices being a contributing factor.

The impact on hospitals is significant, with more than half of hospital pharmacists facing critical shortages of essential drugs. Mitigating strategies involve finding substitutes, which can lead to changes in medication form, concentration, or even the drug itself. This process requires extensive communication efforts among healthcare professionals, consuming valuable time that could be spent on patient care.

The financial burden on U.S. hospitals is substantial, with drug shortages costing nearly $360 million annually in labor costs alone. Rationing of original medications often becomes a necessity, posing new risks and potential legal exposure for hospitals. The article highlights that new technology solutions, such as advanced dashboards and real-time alerts, can help hospitals better manage and mitigate the impact of drug shortages. However, the article acknowledges that predictive technology is not foolproof, and caution is needed to avoid false alarms and potential hoarding.

In conclusion, the article emphasizes the persistent nature of drug shortages but expresses optimism that emerging technologies can play a crucial role in addressing and managing this ongoing challenge in the future.




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