retiredpharma

Health Care Trends Part 2: M&A, Generic Competition, CROs

IT is already heavily employed in the docs office. I saw this in Maryland prior to retiring in 2007 and I see it now in Delaware where I currently reside. My new GP office has laptops carried by each doc which they go from room to room every 7-10 mins.

It is an assembly line practice. Billing, Insurance is all integrated!

Every bit of patient info is at their fingertips. My labs,meds, history,personals, etc is there. They can send my RX electronically to whatever Pharmacy I elect and I do not carry out a script anymore. This type of IT is becoming the RULE more and more, faster and faster especially in groups as an economy of scale intervention in a Managed Care World. To think that Obamacare is going to extract much more from this already improved model is ludicrous! They will never pay for it w/ IT improvements because IT is already there! Utilized by most every Mid-Atlantic practice and I retired in 2007 from this Industry!

Unless the rest of the country is so far behind and I doubt it,they better come up w/ another Intervention to cover the $2500/savings they promised!

What we need is more Ted Kennedies going to Duke for Brain Ca tmx paid for by US taxpayors instead of using the Massachussetts Single Payor system he championed!

Pfizer Should Buy Amgen or Wyeth - Credit Suisse

do a bunch of small deals would be my option for Pfe! Pharma is changing away from mega deals like the Lipitor Deal they did several years ago. Reason being is Competition in a MC World. In a MC world formulary control becomes the driver.No one pays for a med w/ o proven benefit "Outcomes" in our Brave New World! So you mine for selected Targeted Therapies that you can adroitly market. I see this as the new Pharma paradigm. Watch Pfe buy the Mid Sized biotech who is completing Phase-3 and is before FDA pending approval on 1 or 2 candidates w/ 1 already on the market in an area that is compatible w/ their Marketing/Research