Pharmaceutical prices continue to drive up supply costs.
The 1992 purchasing outlook from the Joint Purchasing Corp. (JPC), New York City, forecasts a difficult winter followed by a mild economic recovery beginning in the spring or early summer. Pharmaceuticals, however, are forecast to undergo significant price increases, due in part to hospital pharmaceutical price hikes associated with the ramifications of the 1990 Medicaid drug rebate legislation passed by Congress.
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D003365:Costs and Cost Analysis / Q000639:trends; D003625:Data Collection; D016527:Drug Costs / Q000639:trends; D004345:Drug Industry / Q000191:economics* / Q000331:legislation & jurisprudence; D004865:Equipment and Supplies, Hospital / Q000191:economics* / Q000706:statistics & numerical data; D005544:Forecasting; D007250:Inflation, Economic / Q000706:statistics & numerical data / Q000639:trends; D011682:Purchasing, Hospital / Q000191:economics* / Q000639:trends; D014481:United States