co 2020 National Xconomy Awards Finalists Will Be Announced on June 22 By xconomy.com Published On :: Fri, 08 May 2020 16:57:32 +0000 Xconomy is excited to announce we’ve had an overwhelming amount of interest in the inaugural National Xconomy Awards. The hundreds of outstanding nominations highlight the groundbreaking, inspiring companies and individuals we look to honor. Stay tuned for when we reveal the finalists on Monday, June 22. Due to COVID-19 we have postponed the planned June […] Full Article National National blog main National top stories exome Life Science Life Sciences xconawards
co GSK hires computational drug design expert Dr Kim Branson as new head of machine learning and AI By www.pharmafile.com Published On :: Wed, 10 Jul 2019 11:24:21 +0000 British multinational GlaxoSmithKline have hired computational drug design expert Dr Kim Branson as the company’s new Senior Vice President, Global Head of Artificial Intelligence and Machine Learning. In his new role, the biotech veteran will oversee projects which use AI to identify novel targets for potential medicines. Dr Branson brings to the role more than 15 years’ worth of experience in biotech and academia having held positions at a number of Silicon Valley firms including Gliimpse, Lumia and Hessian Informatics. read more Full Article Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
co Tony Coles appointed to Pfizer Spinout Cerevel as CEO By www.pharmafile.com Published On :: Tue, 10 Sep 2019 16:11:25 +0000 Cerevel Therapeutics, a pharmaceutical company dedicated to treating neurological diseases, has appointed renowned biotechnology leader Tony Coles as Chief Executive Officer (CEO). read more Full Article Cerevel Pfizer pharma Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
co General Pharmaceutical Council appoints Laura Fraser as director for Scotland By www.pharmafile.com Published On :: Thu, 12 Sep 2019 14:29:57 +0000 The General Pharmaceutical Council has appointed Laura Fraser, former clinical fellow for the Scottish Chief Pharmaceutical Officer as the new Director for Scotland. Fraser has held leadership roles in community pharmacy across Scotland including board member of Community Pharmacy Scotland. She has also worked for the Scottish Government as Clinical Leadership Fellow. Prior to her position as board member she was area and regional manager for nearly nine years. read more Full Article
co MSD announce David Peacock as new Managing Director in UK and Ireland By www.pharmafile.com Published On :: Tue, 01 Oct 2019 15:16:26 +0000 MSD have announced that David Peacock will become Managing Director in the UK and Ireland, succeeding former director Louise Houson, with a start date of October 1st 2019. Peacock brings with him a broad range of experience and perspectives from senior roles within the company in the United States, Singapore, Vietnam and Japan. Most recently, David was Chief of Staff to Kenneth Frazier, Chairman of the board and Chief Executive Officer of MSD. read more Full Article Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
co AI firm Exscientia appoints COO and Head of Drug Discovery By www.pharmafile.com Published On :: Fri, 31 Jan 2020 17:01:26 +0000 AI drug discovery firm Exscientia has announced the appointment of Dr David Hallett as its Chief Operating Officer and Head of Drug Discovery. Bringing 20 years of experience to the role, Dr Hallett’s primary remit will see him take responsibility for the company’s entire drug discovery portfolio, as well as managing pharma collaborations, joint ventures and pipeline projects. He will report to Exscientia Founder and CEO Professor Andrew Hopkins. read more Full Article appointment Exscientia Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
co Immunron Chief Executive Officer Gary Jacob resigns amidst coronavirus cost-cutting By www.pharmafile.com Published On :: Fri, 27 Mar 2020 15:51:52 +0000 The Chief Executive Officer of Immuron, Gary S. Jacob, has resigned as CEO and as a member of the Board due to restructering taking place to prepare the company for a post-coronavirus world. In a statement, the company said it was the first move to help the “preservation of capital to allow the company to weather the current trading conditions pending strengthening of the travel market. This will involve radical cost-cutting and deferring certain research and development activities.” read more Full Article Manufacturing and Production
co Industry veteran Dr David Setboun joins BrainStorm as Executive VP and COO By www.pharmafile.com Published On :: Fri, 03 Apr 2020 15:26:59 +0000 BrainStorm Cell Therapeutics, a firm developing cellular therapies to tackle neurodegenerative diseases, has named industry Big Pharma veteran Dr David Setboun as its new Executive Vice President and Chief Operating Officer. Dr Setboun has served for two decades at some of the biggest names in pharma. His most recent role was Vice President of Corporate Development, Strategy & Business at Life Biosciences, where he helped drive development of a range of vital commercial, operating and funding milestones. read more Full Article appointments BrainStorm Therapeutics pharma Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
co Lawsuits as Conduits for Misinformation During COVID-19 By blog.petrieflom.law.harvard.edu Published On :: Thu, 30 Apr 2020 12:00:51 +0000 In addition to tracing the early history of the Missouri and New York suits, we explain how these lawsuits are being used as conduits for misinformation. The post Lawsuits as Conduits for Misinformation During COVID-19 appeared first on Bill of Health. Full Article Featured Health Law Policy International Liability China coronavirus coronavirus pandemic COVID-19 COVID19 eric schmitt foreign sovereignty immunities act fsia Health Law Missouri new york world health organization
co Preparing to Go Back to the Bedside During COVID-19: A Nurse-Turned-Bioethicist Reflects By blog.petrieflom.law.harvard.edu Published On :: Thu, 30 Apr 2020 16:30:23 +0000 This was the first time in a long time that I’ve renewed my nursing license with the thought that I might need it — that I might be needed. The post Preparing to Go Back to the Bedside During COVID-19: A Nurse-Turned-Bioethicist Reflects appeared first on Bill of Health. Full Article Bioethics Emily Largent Featured Patient Care Public Health coronavirus coronavirus pandemic COVID-19 COVID19 emily largent nursing public health temporary practice permit
co The Harms of Abortion Restrictions During the COVID-19 Pandemic By blog.petrieflom.law.harvard.edu Published On :: Fri, 01 May 2020 12:00:51 +0000 These policies restricting abortion are unlikely to conserve PPE, and more importantly, they mischaracterize the nature and importance of abortions. The post The Harms of Abortion Restrictions During the COVID-19 Pandemic appeared first on Bill of Health. Full Article Abortion Beatrice Brown Bioethics Health Law Policy Patient Care Pregnancy Public Health Resource Allocation Student Fellows Abortion Regulation Constitutional Rights Constitutionality coronavirus COVID-19 covid-19 resources Health Law health law policy Health Policy Liberty Personal Protective Equipment PPE public health Self-determination
co COVID-19 is a Perfect Storm of Hardship for US Immigrant Communities By blog.petrieflom.law.harvard.edu Published On :: Mon, 04 May 2020 12:00:05 +0000 Immigrant communities, along with communities of color and people experiencing existing health inequities, are expected to face disproportionate effects. The post COVID-19 is a Perfect Storm of Hardship for US Immigrant Communities appeared first on Bill of Health. Full Article Featured Health Law Policy Immigration Patient Care Public Health Race Social Determinants of Health coronavirus coronavirus pandemic COVID-19 COVID19 health disparities immigrants immigration and customs enforcement immigration status
co Obtaining a Hospital Bed in the COVID-19 Pandemic: A Legal Perspective By blog.petrieflom.law.harvard.edu Published On :: Tue, 05 May 2020 12:00:10 +0000 A judge ruled recently that a patient, known as MB, who had occupied an NHS bed for over a year, must vacate it and instead receive care in the community. The post Obtaining a Hospital Bed in the COVID-19 Pandemic: A Legal Perspective appeared first on Bill of Health. Full Article Health Law Policy John Tingle Patient Care Public Health Resource Allocation Community Care COVID-19 Global Health global patient safety Health Law health law policy housing Mental Health Public Health Law Research
co How States are Protecting Health Care Providers from Legal Liability in the COVID-19 Pandemic By blog.petrieflom.law.harvard.edu Published On :: Tue, 05 May 2020 17:30:58 +0000 Clinicians and policymakers alike are raising the alarm about potential legal liability for following crisis standards of care during the COVID-19 pandemic. The post How States are Protecting Health Care Providers from Legal Liability in the COVID-19 Pandemic appeared first on Bill of Health. Full Article Health Law Policy Liability Patient Care Professional Regulation coronavirus coronavirus pandemic COVID-19 COVID19 crisis standards of care Health Law legal liability Malpractice Medical Malpractice valerie gutmann koch
co When and How to Resume Non-Urgent Care During COVID-19 By blog.petrieflom.law.harvard.edu Published On :: Wed, 06 May 2020 12:00:32 +0000 The question must be: can we accommodate non-emergent/non-urgent care safely or not, and if yes, which care do we address first as we re-open? The post When and How to Resume Non-Urgent Care During COVID-19 appeared first on Bill of Health. Full Article Health Law Policy Patient Care Public Health Resource Allocation coronavirus coronavirus pandemic COVID-19 COVID19 non-urgent care reproductive health
co Hospital Administration and the COVID-19 Pandemic (Part II) By blog.petrieflom.law.harvard.edu Published On :: Fri, 08 May 2020 15:27:58 +0000 A discussion of administrative decisions hospitals are making during the COVID-19 pandemic, including cutting benefits for employees and furloughing staff. The post Hospital Administration and the COVID-19 Pandemic (Part II) appeared first on Bill of Health. Full Article Chloe Reichel Contributors Health Care Finance Health Law Policy Patient Care Petrie-Flom Center Public Health coronavirus pandemic COVID-19 COVID19 for-profit hospitals hospital administration Hospitals not-for-profit hospitals rina spence
co How To Really Take Medical Conflicts Of Interest Seriously By www.forbes.com Published On :: Mon, 10 Sep 2018 18:29:00 +0000 If we’re going to have a central database of conflict of interest disclosures in medicine – and there is one, created by law – it’s high time that people start using it. Full Article ticker=NYSE:BMY ticker=NYSE:VAR byline=Matthew Herper
co If It Wanted To, The FDA Could Destroy E-Cigarette Makers By www.forbes.com Published On :: Wed, 12 Sep 2018 16:48:00 +0000 Past experience says that when the FDA has the will to use its regulatory power, it can shake whole industries. Companies like Juul should tread extremely carefully. Full Article ticker=NYSE:MO ticker=NYSE:BTI byline=Matthew Herper
co At Joe Biden’s Urging, Airbnb, WeWork, And Others Commit To Help Cancer Patients By www.forbes.com Published On :: Fri, 21 Sep 2018 13:00:00 +0000 The companies are committing to find ways to use their businesses to help patients with cancer. Full Article byline=Matthew Herper
co FDA update on COVID-19 actions and advisements By www.outsourcing-pharma.com Published On :: Thu, 23 Apr 2020 14:35:00 +0100 Over the past week, the agency has issued guidances, taken action to accelerate treatments and put a stop to fraudulent treatments for the pandemic-causing virus. Full Article Markets & Regulations
co Butterworth Labs adopts COVID-19 crisis measures By www.outsourcing-pharma.com Published On :: Mon, 27 Apr 2020 16:09:00 +0100 The pharmaceutical analysis firm is continuing its contract analytical laboratory services running, with changes designed to keep people and products safe. Full Article Preclinical Research
co CAS open-access dataset to help COVID-19 research By www.outsourcing-pharma.com Published On :: Tue, 28 Apr 2020 15:09:00 +0100 CAS, a division of the American Chemical Society, has released a dataset of chemical compounds with known or potential antiviral capabilities. Full Article Preclinical Research
co This week’s FDA COVID-19 news By www.outsourcing-pharma.com Published On :: Thu, 30 Apr 2020 13:22:00 +0100 The agency continues to offer guidance about COVID-19 treatments and testsâand issue warnings to companies that fall out of line. Full Article Markets & Regulations
co Almac Discovery collaborates with Merck on DUB targets By www.outsourcing-pharma.com Published On :: Thu, 30 Apr 2020 14:06:00 +0100 The partnership will focus on generating novel small-molecule inhibitors against specific DUB targets for treatment of a range of diseases. Full Article Preclinical Research
co CDISC launches COVID-19 research standards task force By www.outsourcing-pharma.com Published On :: Thu, 30 Apr 2020 14:57:00 +0100 The group will work to rapidly develop guidance on standardizing COVID-19 research data, with the help of several participating member companies. Full Article Clinical Development
co Research collaboration drives to accelerate COVID-19 solutions By www.outsourcing-pharma.com Published On :: Mon, 04 May 2020 13:56:00 +0100 Led by Medable, the multi-company effort is geared toward ramping up development of treatments, diagnostics and other solutions for the pandemic-causing virus. Full Article Clinical Development
co Advarra purchases IRBco By www.outsourcing-pharma.com Published On :: Tue, 05 May 2020 12:47:00 +0100 The institutional review board and research technology solutions provider has acquired IRBco to expand its reach and presence in North America. Full Article Mergers and Acquisitions
co Medidata analysis shows COVID-19 impact on trials By www.outsourcing-pharma.com Published On :: Tue, 05 May 2020 12:51:00 +0100 The companyâs global analysis from thousands of studies and sites indicates dramatic shifts in enrollment across several countries since the pandemic began. Full Article Clinical Development
co Weekly FDA COVID-19 update By www.outsourcing-pharma.com Published On :: Thu, 07 May 2020 15:17:00 +0100 The agency continues to remain busy overseeing and approving potential treatments and tests for the virus behind the global pandemic. Full Article Markets & Regulations
co NEW: The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers By feeds.feedblitz.com Published On :: Tue, 10 Mar 2020 11:30:00 +0000 I am pleased to announce our new 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers, available for purchase and immediate download.Click here to download a free report overview (including the Table of Contents and a List of Exhibits)Pharmacy Industry Revenues Hit Record High—Amid Profit Pressures and Amazon Threat, Says New Drug Channels Institute Study (press release)We’re offering special discounted pricing if you order before March 22, 2020.The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers is a truly unique resource. With 203 proprietary charts, exhibits, and data tables, this 11th edition provides a comprehensive, fact-based, and non-partisan tool for understanding the entire U.S. drug pricing, reimbursement, and dispensing system.The full document clocks in at 374 pages. I can safely say there is nothing else available that comes close to this report.The chart below illustrates the depth and breadth of the 2020 edition. The numbers indicate the report chapter that corresponds to, explains, and analyzes each channel flow.[Click to Enlarge]Below, you can read more info and some behind-the-scenes tidbits. P.S. If you would like to pay by corporate purchase order or check, please email Tamra Feldman. If you preordered the report, you should have already received an email with download instructions. Please contact us if you did not receive the email.Read more » Full Article Benefit Design Industry Trends PBMs Pharmacy Pharmacy Economics
co Informa Connect-CBI’s Patient Support Services Congress By feeds.feedblitz.com Published On :: Mon, 16 Mar 2020 11:30:00 +0000 RESCHEDULED: This event has been rescheduled for November 11-13, 2020. Click here to learn more.Informa Connect-CBI’s Patient Support Services CongressJune 16-18, 2020 | The Westin Princeton at Forrestal Village | Princeton, NJwww.informaconnect.com/patient-support-services-congressInforma Connect-CBI’s Patient Support Services Congress is a comprehensive meeting for insightful and engaging dialogue around navigating compliance hurdles while strengthening and innovating patient-oriented programs.Visit www.informaconnect.com/patient-support-services-congress for more information. Drug Channels readers will save $500 off the standard registration rate when they use code BNP667*.Download the agenda here and see in-depth coverage on industry trends and next-generation patient services, such as:Critical Regulatory Updates and Effective Strategies for Monitoring & OversightNovel Approaches to Services, Program Architecture and Operational ManagementThe pros and cons of different support service modelsMeasuring the Success of Patient Support ProgramsInnovation, AI, Changing Distribution Models and Market MergersTransparency with Charitable OrganizationsCreate Your Own Customized Learning Experience for 2020!Choose from Two In-Depth TracksLegal and ComplianceInnovation and OperationsPlus! Four Tailored SummitsSummit A: Patient Adherence – Educate, Engage and Collaborate to Enhance OutcomesSummit B: Case Management for Novel and Innovative TherapiesSummit C: Strategic Planning for Product LaunchSummit D: Primer Course for Partnering with PatientsLeading Perspectives from Industry Trendsetters:Robert Britting, Director, Patient Services and Strategic Solutions, Teva PharmaceuticalsStella Vnook, Chief Executive Officer, Diverse BiotechKatherine Chaurette, Vice President healthcare Law and Compliance, Blueprint MedicinesKimberly Goldberg, Director, U.S Data Privacy Counsel, NovartisImtiaz Hussain, Senior Director, Patient Services, BayerCory Potomis, Associate Director, Ethics & Compliance Operations, Novo Nordisk, Inc.And so many more!REGISTER TODAY!Visit www.informaconnect.com/patient-support-services-congress for more information. Drug Channels readers will save $500 off the standard registration rate when they use code BNP667*.*Offer applies to standard rates only and may not be combined with other offers, category rates, promotions or applied to an existing registration. Offer not valid on workshop only or academic/non-profit registrations.The content of Sponsored Posts does not necessarily reflect the views of Pembroke Consulting, Inc., Drug Channels, or any of its employees. Full Article Sponsored Post
co The Drug Channels Coronavirus Industry Impact Survey By feeds.feedblitz.com Published On :: Tue, 17 Mar 2020 11:30:00 +0000 It’s a unique and troubling time. We are all of course concerned about the coronavirus and its disruption to our personal and professional lives.I presume that life will return to normal later this year. But what happens then? Will there be long-term changes to how the drug channel operates? Will we see permanent changes in behavior, policy, and industry structure?To answer these questions, I want to tap the collective insights of Drug Channels’ 30,000+ audience.Click here to complete our Coronavirus Industry Impact Survey.This survey should take 10 minutes or less. I will provide a full review of the results next week on Drug Channels. The survey will close on March 20.You can respond anonymously. Any information you provide will be kept confidential. Per Drug Channels' long-standing policy, I never publish, release, or disclose any personal data without your permission.Thanks in advance for sharing your insights.Regards,Adam Full Article Blog Administration Industry Trends
co Informa Connect-CBI’s 22nd Annual Medicaid and Government Pricing Congress By feeds.feedblitz.com Published On :: Mon, 23 Mar 2020 11:30:00 +0000 Informa Connect-CBI’s 22nd Annual Medicaid and Government Pricing CongressMay 19-21, 2020 | Orlando, FLwww.cbinet.com/medicaidandgovernmentExclusive Offer: Register by April 10th and save $500* (mention promo code MDCDC5).With a volatile healthcare system combined with an election year upon us, the stakes are incredibly high for life sciences manufacturers. Staying on the pulse of industry trends, policies and regulations has never been more critical. The 22nd Annual Medicaid and Government Pricing Congress delivers critical updates and industry best practices to effectively contract, report and comply with state and federal healthcare programs. Gain timely, up-to-the-minute insights on:State Invoicing and DisputesGTN ModelsInnovative Contracting StrategiesState Price Transparency and Reporting Requirements340B Oversight and CompliancePreparing, Negotiating and Implementing FSS ContractsBona Fide Service Fees and FMVAnd many other critical topicsDownload the complete program agenda.The 2020 agenda features 75+ speakers and 50+ sessions customizable by company type and size, as well as 10 hours of dedicated networking. Bio/pharma, regulatory and government experts representing HHS, Pfizer, Daiichi Sankyo, Sobi, Maryland Department of Health, BMS, Jazz, Novartis, Amneal, J&J, Sunovion, Gilead, VA, Granard, Insmed, UCB, Alnylam, Louisiana Department of Health, AstraZeneca, CMS, CSL Behring, Astellas, Lilly, Oklahoma Healthcare Authority, Theravance, Indivior, Sandoz, Alvogen, Takeda, OIG, AMAG, Aimmune, Exelixis, South Dakota Department of Healthcare Services, Regeneron, Sun Pharma, Teva and many others are set to drive the dynamic dialogue. Drug Channels readers can register today and use promo code MDCDC5 to save $500.*Discount offer valid through 4/10/2020; applies to standard rates only and may not be combined with other offers, categories, promotions or applied to an existing registration. Offer not valid on workshop-only or non-profit registrations.The content of Sponsored Posts does not necessarily reflect the views of Pembroke Consulting, Inc., Drug Channels, or any of its employees. Full Article Sponsored Post
co Coronavirus Industry Impact: Patients, Pharmacies, and Wholesalers (Part 1) By feeds.feedblitz.com Published On :: Tue, 24 Mar 2020 11:30:00 +0000 I hope you are staying healthy and are managing to navigate your work-at-home mandates.Last week, I tapped the collective insights of the Drug Channels’ audience. Nearly 700 readers shared their perspectives and projections for how the coronavirus pandemic could ultimately affect behavior, policy, and industry structure. Thank you to everyone who took the time to respond.I will share the results over three articles this week:Today, in Part 1, I will review the responses relating to patient behavior, pharmacies, and wholesalers. In Part 2 (tomorrow), I’ll focus on expectations for pharmaceutical manufacturers and third-party payment. In Part 3 (Thursday), I’ll examine how the coronavirus may affect the public perception of the industry’s participants.P.S. A special shout out to the respondent who hoped that the coronavirus would not impact the quality of Drug Channels memes. Never fear, dear readers: Drug Channels will remain the internet’s top destination for pharmaceutical-related humor!Read more » Full Article Channel Management Industry Trends PBMs Pharmacy Retail Clinics Wholesalers
co Coronavirus Industry Impact: Manufacturers, Public Policy, and Payers (Part 2) By feeds.feedblitz.com Published On :: Wed, 25 Mar 2020 11:30:00 +0000 Today’s post is the second in our three-part investigation of the ultimate impact of the coronavirus on the drug channel. Here is a link to the first part of our survey analysis: Coronavirus Industry Impact: Patients, Pharmacies, and Wholesalers (Part 1). That article includes details about the methodology and respondents.Today, I review how people in the industry think coronavirus will affect:Federal drug pricing legislation FDA new drug approvals Public support for single-payer health insurance Third-party payment for prescription drugs I also highlight survey respondents’ comments on whether the current situation will bring overseas pharmaceutical manufacturing back to the United States.Tomorrow, I’ll examine survey responses that address how the coronavirus may affect the public’s perception of the industry’s participants. In the meantime, remember that every day is no pants day when you work from home.Read more » Full Article Costs/Reimbursement Health Care Policy Industry Trends Medicaid Medicare Part D
co Coronavirus Industry Impact Survey: Winners and Losers (Part 3) By feeds.feedblitz.com Published On :: Thu, 26 Mar 2020 11:30:00 +0000 Today is the final installment of our three-part investigation into the coronavirus’ ultimate impact on the drug channel. Below, I examine expectations about how the coronavirus will affect the public’s perception of various industry participants. We explore what our survey respondents said about:PharmaciesPharmaceutical manufacturersHospitalsWholesalersPharmacy benefit managers and plan sponsorsInsurance companies.In these early stages of this crisis, my crystal ball is as cloudy as yours. Let’s hope that the country will stabilize within a few months. I may then rerun the survey to determine how (if at all) everyone’s perspective has changed.Read more » Full Article Channel Management Hospitals Industry Trends Marketing PBMs Pharmacy
co Expanding How CoverMyMeds Helps Patients Access Their Medications By feeds.feedblitz.com Published On :: Fri, 27 Mar 2020 11:30:00 +0000 Today’s guest post comes from David Holladay, President of CoverMyMeds and Austin Raper, Healthcare Writer at CoverMyMeds.First, David discusses how CoverMyMeds supports medication access. Then, Austin highlights key findings from CoverMyMeds’ 2020 Medication Access Report. This new report includes industry research, patient interviews, novel survey data, and strategies for boosting patients’ medication access.Read on for David’s and Austin’s insights.Read more » Full Article Guest Post Sponsored Post
co The Latest CMS Outlook for Drug Spending—And How COVID-19 Will Change It By feeds.feedblitz.com Published On :: Tue, 07 Apr 2020 11:30:00 +0000 ICYMI, the boffins at the Centers for Medicare & Medicaid Services (CMS) recently released their new projections for U.S. National Health Expenditures (NHE). Unfortunately, the coronavirus almost immediately made these predictions obsolete.It’s still useful to analyze these forecasts for a pre-pandemic examination of U.S. healthcare spending. A few highlights of the 2024 outlook:Total U.S. spending on healthcare was projected to grow, from $3.6 trillion in 2018 to $5.0 trillion in 2024. Spending on hospitals and professional services was expected to grow by a combined $800 billion—more than 60% of CMS’s projected $1.4 trillion increase in U.S. healthcare spending. That’s consistent with historical trends.Net spending on outpatient prescription drugs in 2024 was projected to shrink to less than 9% of total U.S. spending. That would be its lowest level since 2000.As usual, the actual facts run counter to the popular narrative that drug spending is skyrocketing relative to any other aspect of U.S. healthcare. Of course, the coronavirus will alter these projections. Below, I speculate how COVID-19 and its aftermath will affect healthcare and prescription drug spending. Prediction is very difficult, especially if it's about the future. Feel free to add your own outlook in the comment section below. Read more » Full Article Costs/Reimbursement Hospitals Industry Trends Physicians
co Industry Update and COVID-19 Impact: Join Me for Two Live Video Webinars (May 1 and May 8) By feeds.feedblitz.com Published On :: Tue, 14 Apr 2020 11:00:00 +0000 This May, join Dr. Adam J. Fein, CEO of Drug Channels Institute (DCI) and the author of Drug Channels, for two live video webinars:May 1: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies (REPLAY) (12:00 p.m. to 1:15 p.m. ET; $300 per site)May 8: Industry Update and COVID-19 Impact: PBMs & Payers (REPLAY) (12:00 p.m. to 1:15 p.m. ET; $300 per site)Register for replays both events (May 1 and May 8) ($500 per site for both events) You can purchase replays of these events using the links above.Dr. Fein will help you navigate this challenging time in U.S. drug channels. These 75-minute live events will be broadcast via Zoom from the new Drug Channels Video studio. See details below.CLICK HERE to submit questions to Adam in advance of the events.You can sign up for either one of these crucial educational opportunities for only $300 per site per event. We are offering special pricing of $500 if you sign up for both events. An unlimited number of people may watch at one location. However, we recognize that it may be difficult to gather your team in one location, so we are offering significant discounts for multiple viewing sites. Please contact Paula Fein (paula@drugchannelsinstitute.com) to get special pricing information for 5 or more locations. If you purchase access for multiple sites, we will contact you for the name and email address of a contact person at each location. Read on for more information about the events.To help people affected by COVID-19 and the caregivers who are supporting them , DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund. This charity has earned a 4-star Charity Navigator rating and is a trusted philanthropic partner of Google, Coca Cola, UPS, Verizon, and many other organizations. The fund supports preparedness, containment, response, and recovery activities for those affected by the coronavirus and for the responders. WHAT YOU WILL LEARNWe will help you and your team better understand key industry dynamics and how COVID-19 may alter the industry.Dr. Fein will share DCI’s latest market data and trends from The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers. Topics for Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies:The key trends for retail and specialty pharmacy marketsThe new normal for prescription demandHow COVID-19 will change the U.S. payer mixWill the 340B program be disrupted?What’s next for specialty pharmaciesThe outlook for prescription profitsThe future for the drugstores’ front-end profitsNew opportunities for pharmacists as providersMy reflections on life in a pandemic world and beyondTopics for Industry Update and COVID-19 Impact: PBMs & Payers:The key trends for PBMsAn update on the latest prescription dataWhat the changing U.S. payer mix means for PBMs and insurersThe outlook for benefit designPBMs' role in Managed MedicaidMore on the 340B Drug Pricing ProgramDisruption to the buy-and-bill channelPromise and perils of vertical diversificationFurther reflections on life in a pandemic worldPLUS: Dr. Fein will take your questions during the event. CLICK HERE to submit questions to Dr. Fein in advance of the events.IMPORTANT STUFF TO KNOWAfter you register, you will receive an email with the information you will need to access our live video webinar and add it to your calendar. We will also send you reminder emails one day and one hour before the event. Watch and listen via any device with a web browser (computer, iPad, iPhone/Android, etc.)We will use Zoom technology for this webinar. You will be able to watch the live video event with your browser or by downloading the Zoom client software/app.After each event, you’ll receive a downloadable PDF with the event slides.If your plans change and you can’t make it on May 1 or May 8, we will provide an opportunity to watch a replay of the live video events. Unfortunately, we are unable to offer refunds.Pembroke Consulting clients receive free access to the webinar. Contact Tamra Feldman (admin@drugchannels.net) for details. We will automatically refund payments from anyone at a Pembroke client who purchases access using their corporate email account. Full Article Blog Administration
co Four Unexpected Ways that the COVID-19 Medicaid Boom Will Affect PBM and Pharmacy Profits By feeds.feedblitz.com Published On :: Wed, 15 Apr 2020 11:00:00 +0000 The U.S. economy is in a medically-induced coma. Unemployment is soaring. Companies are teetering on the brink of bankruptcy. It is unclear when our lives will return to their pre-pandemic state.One thing seems apparent: As people lose jobs and health insurance, Medicaid enrollment will jump, perhaps by as much as 20% to 30%. This will have profound implications for the drug channel.Today, I focus on how this increase will affect retail pharmacies and pharmacy benefit managers (PBMs). Below, I review Medicaid enrollment trends, how states manage prescriptions, and the factors driving the coming boom in Medicaid enrollment. As I explain, many (but not all) retail pharmacies will benefit from Medicaid growth. PBMs, however, will not fare as well. Read on and see if you agree.In early May, Drug Channels Institute will host two live video webinars: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies (May 1) and Industry Update and COVID-19 Impact: PBMs & Payers (May 8). CLICK HERE TO LEARN MORE AND SIGN UP. DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund.Read more » Full Article Health Insurance Exchanges Industry Trends Medicaid PBMs Pharmacy Pharmacy Economics
co What Is Payer Intelligence—And How Can It Be Combined With Technology to Enhance Patient Access? By feeds.feedblitz.com Published On :: Fri, 17 Apr 2020 11:00:00 +0000 Today’s guest post comes from Scott Dulitz, Chief Strategy Officer at TrialCard. Scott discusses how combining payer intelligence with market-leading technology can enhance patient access.TrialCard recently acquired Policy Reporter, a healthcare software solutions company that provides payer intelligence to the biopharmaceutical, medical device, and diagnostics industries. To learn more, schedule a demo of Policy Reporter or contact Scott (scott.dulitz@trialcard.com).You can also register for Trialcard’s upcoming webinar: Leveraging Payer Intelligence in Patient Service Programs.Read on for Scott’s insights.Read more » Full Article Guest Post Sponsored Post
co Three Early Signs That COVID-19 Could Disrupt the Buy-and-Bill Channel By feeds.feedblitz.com Published On :: Tue, 21 Apr 2020 11:30:00 +0000 Will home infusion growth be a long-overdue correction for the buy -and-bill channel or a temporary blip that will soon vanish?For some time, I have been tracking the evolution of the buy-and-bill system for provider-administered drugs. The data have shown that hospital outpatient departments have been displacing physician offices. Amid this shift, home infusion providers have accounted for a minority of commercial medical benefit spending and a tiny share of Medicare Part B spending.However, the coronavirus pandemic is triggering new growth in home infusion for buy-and-bill products. Below, I highlight the early signs of a marketplace change. I believe that some of these short-term shifts in the buy-and-bill market will persist even after we have recovered from COVID-19. They may even slow the runaway growth of the 340B Drug Pricing Program. If not, then I suppose we'll just keep living in a world with limited home infusion over and over.In early May, Drug Channels Institute will host two live video webinars: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies (May 1) and Industry Update and COVID-19 Impact: PBMs & Payers (May 8). CLICK HERE TO LEARN MORE AND SIGN UP. DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund. Watch my video invitation below.Read more » Full Article Buy-and-Bill Channel Management Hospitals PBMs Physicians Specialty Drugs
co Drug Channels News Roundup, April 2020: Drug Pricing Outlook, COVID-19 Data Tracker, Community Oncology Clinics, and My Favorite Chart of 2020 By feeds.feedblitz.com Published On :: Thu, 30 Apr 2020 11:30:00 +0000 Rumor has it that Spring has finally reached our worldwide headquarters here in beautiful downtown Philadelphia. (See photo at right.) While we wait to go outside, please enjoy this month’s selection of noteworthy news:The outlook for drug pricesA outstanding (and free!) resource for tracking COVID-19 daily dataWhat’s up with community oncology practices?Plus, I share my favorite chart of 2020 (so far). P.S. Join the more than 9,200 followers of my curated links to neat stuff at @DrugChannels on Twitter. My recent tweets have highlighted: Prime Therapeutics new gene therapy offering, AmerisourceBergen’s laudable deal with the Justice Department, the Costco/Instacart deal, Rite Aid’s new CEO, clinical trial trends, vaccine pricing, and much more! I have also been tweeting under-the-radar stories about how the coronavirus is affecting drug channels.Tomorrow (May 1), Drug Channels Institute will host the first of two live video webinars: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies. We'll host the second video webinar—Industry Update and COVID-19 Impact: PBMs & Payers—on May 8. CLICK HERE TO LEARN MORE AND SIGN UP. Contact Paula Fein (paula@drugchannelsinstitute.com) for our special promo codes for multiple viewing sites. DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund.Read more » Full Article Buy-and-Bill Costs/Reimbursement Gross-to-Net Bubble Physicians
co Insurers + PBMs + Specialty Pharmacies + Providers: Will Vertical Consolidation Disrupt Drug Channels in 2020? (rerun) By feeds.feedblitz.com Published On :: Mon, 04 May 2020 11:30:00 +0000 This week, I’m rerunning some popular posts while I prepare for this Friday’s video webinar: Industry Update and COVID-19 Impact: PBMs & Payers. Life was very different when I originally published today’s article. 2020 is not turning out to be quite what any of us expected. However, the pandemic has exposed some intriguing pros and cons of vertical consolidation. Click here to see the original post and comments from December 2019.The largest insurers, PBMs, and specialty pharmacies have now combined into vertically-integrated organizations. As I explain below, these companies have also been rapidly integrating with healthcare providers.I also provide an updated look at these companies and highlight strategies that they are using—or could use—to control the channel. I believe that these insurer / PBM / specialty pharmacy / provider organizations are poised to restructure U.S. drug channels by exerting greater control over patient access, sites of care/dispensing, and pricing.If they can effectively coordinate their sprawling business operations, they will pose a substantial threat of disruption to the existing commercial strategies of pharma companies. Will they succeed by better managing care and costs, or merely by extracting higher profits from our convoluted system?Read more » Full Article Accountable Care Organizations (ACOs) Buy-and-Bill Channel Management Mergers and Acquisitions PBMs Pharmacy Physicians Retail Clinics Specialty Drugs
co Why Part D Plans Prefer High List Price Drugs That Raise Costs for Seniors (rerun) By feeds.feedblitz.com Published On :: Wed, 06 May 2020 11:30:00 +0000 This week, I’m rerunning some popular posts while I prepare for this Friday’s video webinar: Industry Update and COVID-19 Impact: PBMs & Payers. Part D reform has faded from the policy debate. This rerun explains why it is still needed. FYI, this is my favorite article from 2020 (so far). Click here to see the original post and comments from January 2020.Our high-list-price/high-rebate system remains a fundamental source of warped incentives and cascading problems within the Medicare Part D program.For proof, check out the previously unpublished data below on market share for products that treat hepatitis C. Despite manufacturers offering products with lower list prices, Medicare Part D plans have rejected the therapeutically identical but lower-priced versions of these drugs.List prices significantly affect seniors’ out of-pocket costs, so Part D plans are needlessly costing many of them thousands of dollars. The federal government's Medicare spending is also unnecessarily higher.Anyone concerned about drug prices should pay close attention to this situation. Part D plans and seniors who don’t need specialty medications are benefiting, while seniors who need treatment with specialty medications are ripped off. Just another day inside the gross-to-net bubble!Read more » Full Article Benefit Design Costs/Reimbursement Gross-to-Net Bubble Medicare Part D PBMs Specialty Drugs
co Comets Prevent Ether from Accumulating in Space By www.scientificamerican.com Published On :: Wed, 06 May 2020 14:30:00 GMT Originally published in January 1859 -- Read more on ScientificAmerican.com Full Article The Sciences Space
co 'Breakthrough' COVID-19 Tests Are Currently Cheap, Fast--and Not Very Accurate By www.scientificamerican.com Published On :: Thu, 07 May 2020 10:45:00 GMT Antigen-based assays could be used in the home, but critics say their error rates are still an issue -- Read more on ScientificAmerican.com Full Article Health Public Health
co The COVID-19 Response Is Failing Communities of Color By blogs.scientificamerican.com Published On :: Thu, 07 May 2020 11:00:00 GMT To build trust with traditionally underserved groups, health officials need to craft their messaging in a much more culturally sensitive way -- Read more on ScientificAmerican.com Full Article Health Behavior & Society
co Scientist Mothers Face Extra Challenges in the Face of COVID-19 By blogs.scientificamerican.com Published On :: Thu, 07 May 2020 13:00:00 GMT The pandemic is amplifying nearly every disadvantage that women in STEM already face. But institutions and the scientific community can help -- Read more on ScientificAmerican.com Full Article The Sciences Policy & Ethics
co Cleaner Air Courtesy of Coronavirus Provides Window into a Car-Free Future By www.scientificamerican.com Published On :: Thu, 07 May 2020 15:30:00 GMT With cars off the roads, scientists can study how smog and other types of pollution change -- Read more on ScientificAmerican.com Full Article Sustainability Climate Environment Automotive