The Utilization Of Prescription Drug - 1332 Words

The utilization of prescription drug has increased in recent times. The availability of these medications has resulted in the treatment of numerous infections and ailments. These drugs alleviate chronic pain, depression and anxiety, sleep apnea, and much more. For an efficient health system, the main goal is to provide quality health care to all patients. However, over the years, there have been many legal and health controversies over drugs and the effects that they have on the body. The process of prescription drug starts from a lab and ultimately sojourns with the end-user. The drugs undergo testing and are often developed to treat a specific disease before being reviewed by the Food and Drug Administration (FDA). Healthcare organizations use formulary systems in order to efficiently dispense prescription drugs. According to Steiner (2014), a formulary system is an ongoing process whereby healthcare organization establishes policies regarding the use of drugs. This system also identifies the best medically appropriate and cost-effective drugs to best serve patients. The process of this method includes a list of drugs approved by healthcare professionals. Some of the issues involved in implementing formulary systems stem from legal challenges such as anti-substituting or generic substituting laws, federal and state drug laws, and trademark laws (Steiner, 2014). In the case of anti-substituting or generic substituting, it is imperative that pharmacists are quiteShow MoreRelatedLabeling And Generic Medicine : Pricing And Market Share1346 Words   |  6 PagesAccording to the article â€Å"Originator and generic medicine: pricing and market share† the cost of pharmaceutical drugs accounts for a significant portion of the total health expenditure (Eon Van Der Brendenkamp, 2013). Pricing strategies are used to create affordable costs, while also providing quality for prescription drug management programs. As part of the goals of pricing strategies, benefit management programs use pharmaceutical benefit managers to negotiate prices, create a savings out ofRead MoreHcs/440 Group Paper1087 Words   |  5 Pageslies in the cost of prescription medications. The price for prescription medications is quickly becoming one of the largest medical expense burdens on Americans today. Many Americans are cutting expenses in other areas of their lives such as groceries and entertainment in order to obtain the pills that directly affect their health. Some people do not have prescription medication coverage in their policies and have to pay 100% out of pocket. The demand of certain drugs is causing and allowingRead MoreThe Effects Of Drug Utilization On The Medical Care Of Infants, Children And Adolescents Essay946 Words   |  4 Pageschildren and adolescents. Studies on the process of drug utilization focus on factors related to prescribing, dispensing, administering and taking of medication and its associated events. Drug utilization play a significant role in helping the health-care system to understand, interpret and improve the prescribing administration and use of medications.1 The irrational use of drugs is known to an increase in t he cost of treatment, incidence of adverse drug reactions. Markets for children s medicines tendRead MorePricing Strategies For Prescription Drugs Essay891 Words   |  4 Pagesstrategies and tools to charge employers for prescription drugs. These strategies help PBM’s turn a profit while still being able to create a fair and affordable situation to the employer. The goal for PBM’s is to remain competitive while generating a business contract between the organizations and pharmaceutical companies. The organization must be able to take an active role in their contracts to continue to provide quality and affordable prescription drug programs. â€Å"A comprehensive generics programRead MoreUse of Electronic Medical Records1800 Words   |  7 PagesMedication reconciliation is the process of comparing a patients medication orders to all of the medications that the patient has been taking. This reconciliation is done to avoid medication errors such as omissions, duplicat ions, dosing errors, or drug interactions. It should be done at every transition of care in which new medications are ordered or existing orders are rewritten. Transitions in care include changes in setting, service, practitioner, or level of care. (Barnsteiner, nd, p.1) ThereRead MorePrescription Opioid Abuse : An Increasing Epidemic With Solutions945 Words   |  4 Pages Prescription Opioid Abuse: An Increasing Epidemic with Solutions in Prescribing The rate of poisonings associated with drug overdoses has been on the rise, especially concerning those involving opioids (Paulozzie, Budnitz, Xi, 2006). The Centers for Disease Control and Prevention (CDC) does not mince words regarding the status of opioid utilization in the United States: ?The United States is in the midst of an opioid overdose epidemic? (CDC, 2016). Opioids are now the most common cause of prescriptionRead MoreThe Impact Of Prescription Drugs On The Health Sector1486 Words   |  6 Pagessubstantial piece of the U.S market in the health sector is run by the prescription drugs and, therefore, making the U.S the global largest market of pharmaceuticals accounting for more than a third of the world’s expenditure on drugs. It is estimated that in 2014 slightly over $300 billion were spent on prescription drugs which accounts for roughly 10 cents of every dollar in the U.S healthcare market. The U.S expenditure on prescription drugs has been growing at an annual rate of 11% for the last 27 yearsRead MoreComplementary And Alternative Medicine ( Cam )1694 Words   |  7 Pageslonger â€Å"the answer† to pain relief. Complementary and Alternative Medicine (CAM) has been around for centuries, relieving fatigue, stress, and pain naturally. Alternative medicine is any practice that is advanced as having the mending impacts of prescription, yet does not start from proof accumulated utilizing the exploratory strategy, is not some portion of biomedicine, or is repudiated by investigative confirmation or set up science. It comprises of an extensive variety of medicinal services practicesRead MoreCase Study : The La Fontaine Dealership1169 Words   |  5 Pageshospitalization (including surgery), maternity and newborn care, mental health and substance use disorder services, including behavioral health treatment (including counseling and psychotherapy), prescription drugs, rehabilitativ e and habilitative services and devices, laboratory services, preventive and wellness services and chronic disease management pediatric services, including oral and vision care† (Texas Government, 2015, para. 4). Inpatient ServicesRead MoreAgonists Essay781 Words   |  4 PagesAgonists are drugs with affinity for a receptor that cause a specific response. (Colbert, 2016, pg26) Beta2 adrenergic receptor agonists are a class of medications that cause muscle unwinding. It causes smooth muscle widening of bronchial entries, vasodilatation in muscle and liver, unwinding of uterine muscle and release of insulin. Inhaled salmeterol and formoterol, known as long†acting beta2†agonists (LABAs), are widely used to manage the symptoms of COPD, so it is important to understand their