The Dr. said he wanted to give me prednisone but there's a chance Prednisone. could have a bad inpact on my hip (extremely small chance). He would not give me a cordisone shot either. I have used this drug in the past a few times with no problems. I am 67 years old and very active but I believe arthritis is setting in as I have a problem with my shoulder-but xray says the same as the results from my hip xray.