COVID-19 is having widespread effects on the healthcare industry. From overburdening healthcare facilities to causing hospitals to run out of critical supplies, the novel coronavirus is putting a heavy strain on healthcare providers, doctors, and drug manufacturers across the world. Due to the highly volatile nature of the issue, it’s no surprise that COVID-19 is …
Archives for April 2020
How Drug Shortages are Impacting Hospitals
April 9, 2020
Drug shortages are a major pain point in the pharmaceutical industry, which is having a widespread effect on the healthcare industry as a whole. While new drug shortages are largely on the decline, many active shortages aren’t going away, leading to a problem that’s only getting worse with time. At the end of 2019, the …
How a New Drug Company is Helping to Combat Drug Shortages
Ever since the peak of drug shortages occurred in 2011 at a staggering rate of 267 new cases, not having the right medications has seemed like a never-ending problem for the healthcare industry. While the FDA’s late 2019 report, Drug Shortages: Root Causes and Potential Solutions, is helping to identify the root causes of the …
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How Drug Shortages are Leading to Negative Patient Reviews
April 8, 2020
Drug shortages continue to be a growing problem for the healthcare industry. 2019 saw a total of 166 new drug shortages appear, with 264 active shortages still unsolved by Q4 of last year. Every new shortage can lead to another bout of delayed treatments, medication and dosing errors, and rising costs for drug alternatives. The …
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