From CTV News:
Soaring drug bills in Canada could be cut if doctors simply paid attention to the cost of the medications they prescribe, says a new federal report.
The study, commissioned by Industry Canada, found that Canadian physicians are generally oblivious to drug prices and often prescribe an expensive pharmaceutical when a cheap one would do.
"In Canada, there is no formal mechanism that credibly brings cost into the physician's decision-making process'' when issuing prescriptions, says the report by IMS Health Consulting Inc. ...more
Links to the latest news in the world of pharmacy with a focus on items most relevant to Canadian pharmacists or others that are interested in Canadian pharmacies. This includes news about Canadian pharmacy seen in the mainstream media on topics such as new drug information and the international pharmacy industry.
Wednesday, October 24, 2007
Doctors could use more info on drug costs: study
I have to concur with this article. Generally, physicians are somewhat unaware of the price of medications. I just had an example of this in my practice where a physician was incorrect in their price estimate of a drug by thousands of dollars per month of treatment. Perhaps a pharmacist working collaboratively with a physician could help these types of situations. Ultimately, costs could be contained and patient outcomes could be improved.
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