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Newsletter Article


Pharmac to Manage Hospital Medical Device Budgets

The New Zealand agency that manages the pharmaceutical budgets for local health boards will also begin managing hospital medical devices over the next few years. Since its establishment in 1993, Pharmac has saved millions of dollars through various efforts to keep down the cost of pharmaceutical drugs in the country. The agency will work to standardize the purchasing of hospital medical devices; devices costs have been increasing above the rate of inflation for the past five years.


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