National Trends in Prescription Drug Expenditures and Projections for 2017

ACPE Activity Number: 0204-0000-17-023-H04-P
Activity Date: August 23, 2017
Expiration Date: August 23, 2020
Activity Type: Knowledge-based  
CE Credits: 1.0 hour, no partial credit   
Activity Fee: Members – Free / Non-Member – Not Available  

Accreditation for Pharmacists

The American Society of Health-System Pharmacists is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education.

This activity is a recording from a live webinar and those that claim credit for the live webinar should not claim credit for this activity.

Target Audience

This continuing pharmacy education activity is designed for pharmacy leaders responsible for analyzing their drug usage trends and developing their organization’s pharmacy budget.

Activity Overview

The annual forecast of pharmaceutical expenditures in hospitals and clinics provides pharmacy managers with detailed information on trends in prescription expenditures, new drug approvals, patent expirations, and other factors that may impact drug spending in the future. The methods and main findings of the 2017 forecast will be reviewed, including the trends observed in 2017, the projected growth in expenditures in 2017, and factors driving that growth. Suggestions for how to best use the forecast in an individual hospital or health-system will also be provided. Audience participation is encouraged and questions from the audience will be answered by the speakers.

Learning Objectives

  • Identify the methods used in the 2017 forecast.
  • Discuss the results with identification of the strengths and limitations of the data.
  • Describe the historical trends in prescription expenditures.
  • Discuss reasons for anticipated growth in prescription expenditures in 2017 and beyond.

Schedule of Educational Activities

  • Discuss trends and methods for forecasting
  • Discussion on pharmacy growth

Faculty Information

  • Glen T. Schumock, Pharm.D., M.B.A., Ph.D., Professor and Head, Department of Pharmacy Systems, Outcomes and Policy, University of Illinois at Chicago College of Pharmacy, Chicago, IL
  • Edward Li, Pharm.D., MPH, BCOP, Associate Professor in the Department of Pharmacy Practice, University of New England College of Pharmacy, Portland, ME
  • JoAnn Stubbings, B.S.Pharm., MHCA, Assistant Director, Specialty Pharmacy Services, University of Illinois Hospital and Health Sciences System, Chicago, IL


In accordance with the Accreditation Council for Continuing Medical Education’s Standards for Commercial Support and the Accreditation Council for Pharmacy Education’s Standards for Commercial Support, ASHP requires that all individuals involved in the development of activity content disclose their relevant financial relationships. A person has a relevant financial relationship if the individual of his or her spouse/partner has a financial relationship (e.g. employee, consultant, research grant recipient, speakers bureau, or stockholder) in any amount occurring the in the last 12 months with a commercial interest whose products or services may be discussed in the educational activity content over which the individual has control. The existence of these relationships is provided for the information of participants and should not be assumed to have an adverse impact on the content.

In keeping with this requirement, ASHP ask that all faculty, advisory board members, planning committee members, content development consultants, and staff complete a disclosure form for each program in which they are involved. Anyone who refuses to disclose relevant financial relationships must be disqualified from any involvement with a continuing pharmacy education activity.

  • Faculty, planner, ASHP Staff and consultants report no relevant financial relationships pertinent to this activity.

Methods and CE Requirements

This activity consists of recorded faculty slides presentations, active learning activities, discussion, and handouts. Participants must participate in the entire activity and complete all the required components to claim continuing pharmacy education credit online at ASHP eLearning Portal. Follow the prompts to claim and view or print the statement of credit immediately or within 60 days of completing the activity.

Per ACPE requirements, CPE credit must be claimed within 60 days of being earned.

System Technical Requirements

System Requirements Courses and learning activities are delivered via your Web browser and Acrobat PDF.  Users should have a basic comfort level using a computer and navigating web sites.

View the minimum technical and system requirements for learning activities.