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A man receives a Keytruda infusion. Photo: John Moore/Getty Images

Hospitals are charging private health insurers "considerable markups" on highly used outpatient drugs like Remicade, Neulasta and Keytruda, according to a new study in JAMA Internal Medicine.

Why it matters: Depending on the drug, insurers are paying hospitals several times what Medicare pays, and that ultimately flows through to workers' insurance premiums.

By the numbers: The largest variation came from Remicade, an IV drug that treats a range of autoimmune conditions, according to the study's sample of 20 major hospitals.

  • The median rate paid by commercial insurers at Mayo Clinic's hospital in Phoenix was more than 800% of what Medicare would've paid.

Go deeper: Hospitals are making a lot of money on outpatient drugs

Go deeper

Dec 8, 2021 - Health

A surprising opponent of Democrats’ drug pricing plan: generics

Illustration: Rae Cook/Axios

The generic drug industry is warning that Democrats' drug pricing legislation would undercut their ability to compete against brand-name drugs, and some experts say they have a point.

Why it matters: Generic drugs and biosimilars are America's most effective way of exerting downward pressure on drug prices, and keeping this competition healthy would remain vital even under the Democrats' new system.

19 hours ago - Health

City of Hope to acquire Cancer Treatment Centers of America

City of Hope is building a new outpatient center that will open in 2022. Photo: Mindy Schauer/Digital First Media/Orange County Register via Getty Images

City of Hope, a California-based not-for-profit cancer research organization, is buying the for-profit Cancer Treatment Centers of America chain for $390 million.

Why it matters: The merger would combine two very different organizations — City of Hope, which is known for research, and CTCA, which has a history of cherry-picking patients who are healthier and have better health insurance.

JPMorgan: "Full global recovery" in 2022

Photo: Erik McGregor/LightRocket via Getty Images

JPMorgan Chase Global Research says in a forecast to clients: "2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak."

The big picture: The bullish report sees "a return of global mobility, and a release of pent-up demand from consumers (e.g. travel, services)."