TV News LIES

Thursday, Mar 26th

Last update05:44:55 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...


New Mexico jury says Meta harms children's mental health and safety, violating state law

Meta harms children's healthA New Mexico jury determined Tuesday that Meta knowingly harmed children's mental health and concealed what...

Georgia woman charged with murder after police say she took pills to induce abortion

Georgia woman charged with murderA 31-year-old Georgia woman has been charged with murder by police who say she took pills...

Judge sets $1 bail for Georgia woman charged with murder for taking abortion pills

$1 bail set for womanA Georgia judge set a $1 bond for a woman facing murder charges tied to allegations...

Federal court blocks Kennedy’s vaccine changes, invalidates vaccine advisory panel

RFK Jr,A federal judge on Monday blocked Health and Human Services (HHS) Secretary Robert F. Kennedy Jr.’s...
 
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!