Hospitals save money, time with distributor orders

A study by PriceWaterhouseCoopers concludes that hospitals ordering through distributors save time and money compared to orders directly from a manufacturer. According to the study, released by the Health Industry Distributors Association,  a distributor order is about six times faster to dispatch compared to ordering directly from the manufacturer, and the cost per distributor order for a hospital was $67, compared to $131 when ordering from the manufacturer. Study

Suggested Articles

Presidential candidate Kamala Harris wants to get rid of the tax break drug companies get for DTC ads

Healthcare software company Phreesia closed its first day of trading as a public company Thursday about 40% above its set price.

Growing the biosimilar market could lead to significant healthcare cost savings, according to a new report.