Top 25 Hospitals with the Highest Pharmacy Costs

Which hospitals are spending the most on pharmaceuticals? 

Patient access to affordable pharmaceuticals is vital to improving care outcomes, managing chronic illness, and keeping healthcare costs down. It is vital that patients understand the necessity of taking medications as prescribed and remain invested in their own care. Pharmacists are increasingly being drawn into discussions of patient engagement, as they are likely see patients more often than providers in the course of refilling prescription medications.

We compiled a list of the top 25 hospitals by total pharmacy costs. Memorial Sloan Kettering Cancer Center reported the highest pharmacy costs at over $754 million. The hospital saw spending growth of 80.6 percent from 2016 to 2017, and a growth of 68.8 percent from 2014 to 2017. University of Texas MD Anderson Cancer Center came in second for pharmacy spending at $630 million.

Top 5 Hospitals by Pharmacy Costs:

  1. Memorial Sloan Kettering Cancer Center: $754 million
  2. University of Texas MD Anderson Cancer Center: $630 million
  3. Dana-Farber Cancer Institute: $457 million
  4. Duke University Hospital: $332 million 
  5. New York Presbyterian Weill Cornell Medical Center: $328 million

 

Get the Complete List of Hospitals