AJHP releases annual study on drug costs, co-authored by Edward Li

On March 4, 2014, the American Journal of Health-System Pharmacy, the official journal of the American Society of Health-System Pharmacists, published its annual projection of medication costs.  The study was co-authored by Edward Li, PharmD, BCOP, associate professor of pharmacy. The study was picked up by several media outlets, including Pharmacy Times, HealthCanal.com, and Newswise.

The study indicates that spending on prescription medications will rise 3 to 5 percent in the year 2014, despite the fact that spending has been on the decline for several years.

The annual projection is made to help hospitals and other health care systems plan their prescription budgets.

OncLive, an oncology news agency, interviewed Li about the study as it pertains to anticancer medication, and he was quoted in the agency's online publication.

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