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Wal-Mart + Caterpillar: The Future of PBM & Pharmacy?
Thursday, October 02, 2008 - 03:35 PM - 3 months ago   -  Newspaper & TV news  -  GLG News(sm): Healthcare
Wal-Mart Stores (WMT) announced an innovative new program with Caterpillar (CAT) that provides $0 co-pays on 2,500 generic drugs for 70,000 beneficiaries (employees, retirees, spouses, dependents). As I see it, the deal does not represent a direct frontal assault on PBMs such as Express Scripts (ESRX) or Medco Health Solutions (MHS). Instead, Wal-Mart is subtly undermining the PBM’s economic model, which is overly dependent on margins from generic drugs by mail. Wal-Mart’s program highlights these “excess” margins by offering an alternative channel choice. I’m also intrigued by the competitive comparison with CVS Caremark (CVS). Many of CVS Caremark's new benefit options try to create channel neutral choices (my terminology) within a restricted retail network. For example, Maintenance Choice is their drug benefit option that lets patients choose a 90-day supply from mail order or a local CVS retail outlet at the same cost or co-pay.
NHS Given Financial Clean Bill of Health
Thursday, October 02, 2008 - 03:20 PM - 3 months ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
The National Health Service was given a relatively clean bill of financial health on Thursday as the Audit Commission said only three percent of NHS trusts and primary care trusts (PCT) had failed to balance their books. Reuters Health Information
FDA Approvals: ProAir HFA and Nasacort AQ
Thursday, October 02, 2008 - 02:00 PM - 3 months ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
The FDA has approved expanded indications for an albuterol sulfate inhalation aerosol (ProAir HFA) and triamcinolone acetonide nasal spray (Nasacort AQ). Medscape Medical News
Number of U.S. Uninsured Falls to 45.7 Million, Census Shows: More People in Government Health Programs
Thursday, October 02, 2008 - 12:38 PM - 3 months ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
US uninsurance rate in 2007 was 15.3 percent, down from 15.8 percent in 2006, according to the US Census Bureau. Learn about other findings from the bureau's annual report and what this news will mean The Nation's Health
Playing the Healthcare Market--No Longer a Game
Thursday, October 02, 2008 - 12:09 PM - 3 months ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
Will commercial health care survive the debacle of the investment houses? Medscape Family Medicine
FDA Finds No Link Between Statin Use and ALS
Thursday, October 02, 2008 - 09:52 AM - 3 months ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
The meta-analysis, which included 41 clinical trials, revealed similar rates of ALS in the statin-treated and placebo-treated patients. The agency said further monitoring is still needed, however, because of the expansive use of the drugs and the dire consequences of this neurodegenerative disorder. Medscape Medical News
Grand Rounds is up at Monash Medical Student
Thursday, October 02, 2008 - 08:41 AM - 3 months ago   -  Blog  -  Health Business Blog
Monash Medical Student hosts the latest Grand Rounds .
Make Mine Paper
Thursday, October 02, 2008 - 07:04 AM - 3 months ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
Popular physician blogger, #1 Dinosaur, prefers paper charts to EMRs. Medscape Business of Medicine
Delivery of Care in Resource-Limited Countries
Wednesday, October 01, 2008 - 01:11 PM - 3 months, 1 week ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
New data on the delivery of care in resource-limited countries were presented at the AIDS 2008: XVII International AIDS Conference held August 3-8, 2008, in Mexico City, Mexico. Medscape HIV/AIDS
News Media Often Omit Potential Sources of Bias in Medical Research
Wednesday, October 01, 2008 - 09:39 AM - 3 months, 1 week ago   -  Newspaper & TV news  -  Medscape Business of Medicine Headlines
News media often do not report sources of funding for medical research; they also often refer to drugs by brand name and lack formal policies regarding reporting on these potential sources of bias. Medscape Medical News

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