Nationwide Drug Shortages Persist Despite Efforts
November 21, 2012 | Strategic Insights for Health System
Healthcare risk managers may be interested in a November 16, 2012, New York Times article that discusses the current state of the drug shortage crisis in the United States. Largely caused by issues related to manufacturing, the problem peaked in 2011 when a record 251 drugs were declared in short supply. The article states that in 2012 slightly more than 100 drugs were placed on the list, and hospitals say that the struggle to keep pharmacy shelves stocked continues unabated. According to the article, industry experts are guardedly optimistic that the current shortages are resolving; however, most are encouraged by the fact that new shortages of drugs are being prevented, partly due to an executive order issued by President Obama that requires drug companies to notify the U.S. Food and Drug Administration (FDA) when a possible shortage is imminent.