TV News LIES

Tuesday, May 31st

Last update05:20:13 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...


No Talking, No Drugs—Spec-Ops Vets Pioneer Quiet PTSD Therapy

PTSD therapyYou feel a little foolish, but you never have to say a word—about remembering your own...

Cell phone radiation may cause cancer, new government study finds

Cell phone use may cause cancerIt’s the news everyone has been dreading: That little cell phone that people use all the...

96-year-old Heimlich uses namesake maneuver on choking woman

Henry HeimlichThe 96-year-old Cincinnati surgeon credited with developing his namesake Heimlich maneuver recently used the emergency technique...

BMX Legend Dave Mirra Had CTE When He Died

Dave MirraBMX icon Dave Mirra, who died in February, suffered from the type of chronic brain damage...
 
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!