Famotidine* — Medicare Part D Spending

Generic: Famotidine | Manufacturer: Overall

2023 Spending

$202.8M

2023 Claims

12,748,534

2023 Beneficiaries

3,593,191

Cost/Unit (2023)

$0.2030

5-Year Spending Trend (2019-2023)

Year	Total Spending	Claims	Beneficiaries	Cost/Unit
2019	$74.7M	6,038,190	1,919,087	$0.1797
2020	$143.5M	8,676,615	2,604,222	$0.2224
2021	$201.0M	10,633,192	2,999,285	$0.2372
2022	$181.5M	11,671,755	3,301,424	$0.1948
2023	$202.8M	12,748,534	3,593,191	$0.2030

5Y CAGR (cost/unit): 3.1%YoY Change (2022-2023): 4.2%

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DrugPricePeek Editorial TeamData Specialists

The DrugPricePeek editorial team aggregates and verifies drugs data from CMS NADAC & Medicare Part D. Every statistic on this site is cross-referenced against the official source before publication, with quarterly re-verification cycles.

✓ Sourced from CMS NADAC & Medicare Part D✓ Quarterly review✓ No paid placements

Read our full methodology or contact us with corrections.

Frequently Asked Questions

How much does Medicare spend on Famotidine*?

In 2023, Medicare Part D spent $202.8M on Famotidine* (Famotidine), serving 3,593,191 beneficiaries across 12,748,534 claims.

What is the cost per unit of Famotidine* under Medicare?

The weighted average cost per dosage unit of Famotidine* was $0.2030 in 2023. The 5-year compound annual growth rate (2019-2023) was 3.1%.

Who manufactures Famotidine*?

Famotidine* (generic name: Famotidine) is manufactured by Overall. There are 31 manufacturer(s) listed in the CMS database for this drug.

Is Famotidine* covered by Medicare Part D?

Yes, Famotidine* is included in Medicare Part D spending data, indicating it is covered by Part D plans. However, specific coverage and tier placement vary by plan. Check with your specific Part D plan for formulary details.

Where does this Medicare spending data come from?

All Medicare Part D spending data comes from the Centers for Medicare & Medicaid Services (CMS) Medicare Part D Spending by Drug dataset, which is publicly available at data.cms.gov.

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Year

Total Spending

Claims

Beneficiaries

Cost/Unit

2019

$74.7M

6,038,190

1,919,087

$0.1797

2020

$143.5M

8,676,615

2,604,222

$0.2224

2021

$201.0M

10,633,192

2,999,285

$0.2372

2022

$181.5M

11,671,755

3,301,424

$0.1948

2023