Drug costs for COVID-19 patients plunge at U.S. hospitals, but may rise

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Drug costs for COVID-19 patients plunge at U.S. hospitals, but may rise
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Research by the health data firm IllumiCare and exclusively shared with Reuters found that hospitals spent $1,090 per COVID-19 patient on medication in July. Pharmacists say some of the decrease in medications may stem from reduced use of ventilators, which require painkillers for sedation.

FILE PHOTO: A woman holds a small bottle labeled with a"Vaccine COVID-19" sticker and a medical syringe in this illustration - Medication costs for COVID-19 patients hospitalized in the United States have dropped sharply since May, reflecting advances in treatment, shorter stays and use of cheaper generic drugs.Research by the health data firm IllumiCare and exclusively shared with Reuters found that hospitals spent $1,090 per COVID-19 patient on medication in July.

"We were throwing the kitchen sink at these patients and now hospitals are getting better at treating these infections," said G.T. LaBorde, chief executive of IllumiCare, a Birmingham, Alabama-based firm that works with hospitals and analyzes their electronic medical records. Overall, many U.S. hospitals continue to face significant financial pressure from the pandemic as new infections remain high across much of the country, including in California, Florida and Texas. And health officials have warned that the upcoming flu season could further stress the healthcare system.

Tocilizumab costs more than $2,200 per patient, and is one of a class of drugs that includes Roche's Actemra.Â

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