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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 25 Hospitals by Highest Pharmacy Spend
| Hospital Name | Pharmacy Costs | Net Patient Revenue | Total Discharges | |
|
1. |
Memorial Sloan Kettering Cancer Center (NY) |
$754,794,624 |
$2,922,980,827 |
23,561 |
|
2. |
University of Texas MD Anderson Cancer Center (TX) |
$630,575,620 |
$3,480,505,919 |
28,962 |
|
3. |
Dana Farber Cancer Institute (MA) |
$457,418,299 |
$1,130,077,403 |
1,304 |
|
4. |
Duke University Hospital (NC) |
$332,798,924 |
$2,339,265,283 |
42,469 |
|
5. |
University of Kansas Hospital (KA) |
$328,490,947 |
$1,975,125,402 |
39,595 |
|
6. |
Strong Memorial Hospital (NY) |
$309,712,416 |
$1,936,245,333 |
38,683 |
|
7. |
NewYork-Presbyterian Hospital at Weill Cornell Medical Center (NY) |
$295,884,010 |
$5,340,902,266 |
102,910 |
|
8. |
University of Miami Hospital and Clinics - Sylvester Comprehensive Cancer Center (FL) |
$265,801,951 |
$1,268,260,646 |
11,599 |
|
9. |
UCSF Helen Diller Medical Center at Parnassus Heights (CA) |
$255,135,589 |
$3,620,962,130 |
35,476 |
|
10. |
James Cancer Hospital and Solove Research Institute (OH) |
$252,979,503 |
$1,406,725,017 |
14,969 |
|
11. |
UK Albert B Chandler Hospital (KY) |
$244,157,038 |
$1,433,168,657 |
40,909 |
|
12. |
Moffitt Cancer Center (FL) |
$240,061,344 |
$983,129,857 |
9,085 |
|
13. |
Northwestern Memorial Hospital (IL) |
$227,559,304 |
$1,745,967,766 |
45,506 |
|
14. |
City of Hope Helford Clinical Research Hospital (CA) |
$225,572,554 |
$1,116,914,068 |
6,595 |
|
15. |
UC San Diego Medical Center - Hillcrest (CA) |
$225,558,973 |
$1,842,794,494 |
30,647 |
|
16. |
Montefiore Hospital - Moses Campus (NY) |
$215,655,244 |
$2,728,344,000 |
86,865 |
|
17. |
UMass Memorial Medical Center (MA) |
$215,404,032 |
$1,442,649,404 |
36,560 |
|
18. |
Hackensack University Medical Center (NJ) |
$210,911,917 |
$1,567,145,753 |
35,198 |
|
19. |
Parkland Health and Hospital System (TX) |
$209,559,272 |
$803,598,250 |
51,475 |
|
20. |
The Johns Hopkins Hospital (MD) |
$202,050,960 |
$2,041,319,447 |
45,086 |
|
21. |
The University of Chicago Medical Center (IL) |
$196,988,322 |
$1,683,367,000 |
30,898 |
|
22. |
AdventHealth Orlando (FL) |
$196,189,639 |
$3,432,794,596 |
127,401 |
|
23. |
Brigham and Womens Hospital (MA) |
$194,598,657 |
$2,257,366,198 |
41,881 |
|
24. |
University Hospital (WI) |
$187,802,795 |
$1,861,601,000 |
31,130 |
|
25. |
University of Maryland Medical Center (MA) |
$182,182,582 |
$1,460,597,672 |
27,599 |
Fig 1. Data from Definitive Healthcare based on Medicare Cost Report, covering data until Dec. 31, 2017. Pharmacy spend includes cost of drugs and pharmacy supplies requested by patient care departments as well as drugs charged to patients.