5 September 2018 - A new analysis from The Moran Company found nearly one in five hospitals marks up medicine prices 700 percent or more. With this 700% markup, a $150 medicine purchased by a hospital could cost patients up to $1,050.

The study, which was commissioned by PhRMA and looked at total costs and charges for all medicines from 3,792 hospitals using Centers for Medicare and Medicaid Services data, also found:

• Hospitals marked up the price of medicines, on average, nearly 500%, a number that mirrors a previous Moran analysis of 20 medicines
  
• Eight percent of the hospitals included in the study (320 total) marked up some medicine prices more than 1,000%
  

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