Pill bottle with pills Specialty pharmaceuticals will continue to be a “dominant force” when it comes to increases in drug spending, growing at am estimated rate 4.68% in 2022.

A new pharmacy market forecast predicts a 3.1% increase in total pharmaceutical spend for medical purchasers such as hospitals, health systems, and other providers in 2022. The analysis linked the increase to uncertainty over the ongoing COVID-19 pandemic and the growing use of specialty pharmaceuticals.

The Vizient Pharmacy Market Outlook predicts that oncology will remain the top therapeutic class in spend by providers, while continued high spending on drugs related to the COVID-19 pandemic will also be a factor for next year.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.