TV News LIES

Sunday, Jul 28th

Last update06:54:35 AM GMT

You are here News Health Cancer drug mark-ups bring in big money for N.C. nonprofit hospitals

Cancer drug mark-ups bring in big money for N.C. nonprofit hospitals

E-mail Print PDF

Chemotherapy drugsLarge nonprofit hospitals in North Carolina are dramatically inflating prices on chemotherapy drugs at a time when they are cornering more of the market on cancer care, an investigation by The News & Observer and The Charlotte Observer has found.

The newspapers found that hospitals routinely mark up prices on cancer drugs two to 10 times or more over cost. In some cases, the markup is far higher.

The total annual cost of cancer drugs for a single patient can easily top $100,000. Such costs have proved financially devastating to some and, according to national studies, have caused a significant number to put off needed treatments.

An analysis of data from more than 5,000 chemotherapy claims obtained by the newspapers also shows that hospitals and the doctors’ offices they own typically charge more for cancer drugs than independent clinics – sometimes much more. A News & Observer investigation earlier this year showed one key reason: By consolidating into large systems, hospitals have gained leverage to negotiate higher payments from insurance companies.

More...


Most Recent Related Stories...


JD Vance called for ‘federal response’ to block women from traveling for abortions

 Vance called for ban on traavel for abortion JD Vance, the Ohio senator and Donald Trump’s running mate, promoted a baseless rightwing talking point...

US admitted it spread anti-vax COVID propaganda in Philippines to disparage China

SinovacThe U.S. Defense Department admitted it spread propaganda in the Philippines aimed at disparaging China’s Sinovac...

Nebraska Supreme Court upholds restrictions on abortion and gender affirming care

Nebraska SC upholds abortion banThe Nebraska Supreme Court denied a challenge to the state’s abortion restrictions and gender-affirming care in...

2 dead, 28 hospitalized from listeria outbreak linked to deli meat in 12 states

Listeria outbreak Two people in the U.S. have died and 28 people have been hospitalized from a multi-state...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!