Continuing into 2018, various drugs products will be affect by inflation at differing rates. The general pharmaceutical price inflation rate is 4.7% as calculated on January 16th using Premier Drug Budget tool. The products that make up this average include:
- Antihistamine drugs – 12.1%
- Anti-infective agents – 3.4%
- Antineoplastic agents – 5%
- Autonomic drugs – 2.4%
- Blood derivatives 1.9%
- Blood formation, coagulation & thrombosis – 4.7%
- Cardiovascular drugs – (-6.8%)
- Cellular therapy – 5.9%
- Central nervous system agents – 3.7%
- Devices – (-13%)
- Diagnostic agents – 7.5%
- Electrolytic, caloric, and water balance – 5.3%
- Enzymes – 5.9%
- Eye, ear, nose and throat (EENT) preps – 3.7%
- Gastrointestinal drugs – 9.5%
- Heavy metal antagonists – 19%
- Hormones and synthetic substitutes – 8.3%
- Local anesthetics (parenteral) – 0%
- Miscellaneous therapeutic agents – 10%
- Oxytocics – 15.4%
- Respiratory tract agents – 4.7%
- Serums, toxoids, and vaccines – 3.6%
- Skin and mucous membrane agents – 2%
- Smooth muscle relaxants – 7.6%
- Vitamins – 1.5%
If you’re interested in Med/Surg product inflation rates, visit the Supply Chain Advisor in the Premier Connect page.