Prescription drug costs.©Kenishirotie – stock.adobe.com

Specialty drug spend continued to increase last year, the latest Artemetrx State of Specialty Spend and Trend report found.

“Integrated specialty trend, net of rebates, rose to 12.5% in 2022,” said Libby Johnson, senior vice president and chief data analytics officer for Pharmaceutical Strategies Group. “An increase of 3.6% over 2021, rising specialty drugs costs and increasing utilization are impacting payers despite higher manufacturer rebates.”

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