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. https://www.bd.com/en-us/clinical-excellence/bd-institute-for-medication-management-excellence/blog/urgent-and-labor-intensive-how-inadequate-drug-sho
blog article
URGENT AND LABOR-INTENSIVE: HOW INADEQUATE DRUG SHORTAGE MANAGEMENT TOOLS IMPACT HOSPITAL-SYSTEM PHARMACIES
Shortages of drugs have become a chronic condition in health-system pharmacies over the last five to seven years, and are a critical issue for both US1,2,3 and European4,5 health-system pharmacies. Excess costs for health systems are generated by higher costs of shorted medications and the extra labor required to manage shortages. Incurred costs vary by hospital and inventory size2, although markups for shorted medications have been noted to be as high as 3000%.6Incremental labor costs have been estimated to be between $25,000 and $49,000 annually per hospital, which extends to a national increase in labor cost of $216 million annually. DENNIS A. TRIBBLE READ MORE