Accelerate Your Growth

Power your team with the highest quality, daily updated intelligence on hospitals, physicians, and other healthcare providers

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.