"BEST PRICE" DISCOUNTS TO HMOs AND GPOs CONTINUE TO DECREASE
Executive Summary
"BEST PRICE" DISCOUNTS TO HMOs AND GPOs CONTINUE TO DECREASE, a General Accounting Office report released Aug. 5 finds. GAO calculated that 21% of HMO best prices on pharmaceuticals increased more than 30% between the first quarter of 1992 and the first quarter of 1993, compared with 18.5% over the previous 12 months. Among group purchasing organizations, 17.7% of best prices increased more than 30% from 1992 to 1993, versus 20.8% for the prior year.