Analysis Shows FDA Regulations Increasing Healthcare Costs By $20.3 Billion
Washington DC (WorkersCompensation.com) - A safety initiative put in place in 2006 by the Food and Drug Administration (FDA) has unintentionally increased healthcare costs by $20.3 Billion, according to a new drug cost analysis by Vizient.
The Unapproved Drugs Initiative (UDI) was put in place by the FDA in 2006 to keep patients safe. According to the agency. unapproved drugs pose a risk to patients due to using untested formulations, unlisted ingredients, inaccurate or incomplete ...
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