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GLG News by Medicare Experts

Analysis of: Medicare overpaid on drugs with new generics, report says (www.latimes.com)
Payers in the private sector have historically tried to get providers to pay the generic price for branded multisource products using maximum allowable cost (MAC) terminology in their contracts as soon as the branded drugs have a generic source. This has caused problems for providers that still have...
Adam Fein, PhD, Founder & President
Adam Fein, PhD, Founder & President
Pembroke Consulting Inc
Analysis of: Biotech industry not seeing much difference between McCain, Obama (thehill.com)
Both Barack Obama and John McCain have made negative statements about the pharmaceutical industry. Both also favor drug importation into the U.S. from countries with price controls. The emergence of global wholesalers makes it more likely for an importation law to pass, despite the dangers to supply...
Adam Fein, PhD, Founder & President
Adam Fein, PhD, Founder & President
Pembroke Consulting Inc
Analysis of: Medicare overpaid on drugs with new generics, report says (www.latimes.com)
A new OIG report highlights supposed “excess” payments by Medicare’s cost-plus drug reimbursement model, giving us a peek at the time path of generic margins in the Part B program. However, OIG overstates their case by ignoring the powerful incentives for rapid generic substitution that are created...
Adam Fein, PhD, Founder & President
Adam Fein, PhD, Founder & President
Pembroke Consulting Inc
Analysis of: Drug Stores Don’t See Progress for Electronic Drug-Pedigree Bill (fdanews.com)
Representatives Steve Buyer (R-IN), Gene Green (D-TX), Jim Matheson (D-UT), and Mike Rogers (R-MI) co-sponsored H.R. 5839 Safeguarding America’s Pharmaceuticals Act of 2008. H.R. 5839 was going to be incorporated into other related FDA legislation, but intense behind-the scenes lobbying by the pharmacy...
Adam Fein, PhD, Founder & President
Adam Fein, PhD, Founder & President
Pembroke Consulting Inc
Analysis of: Bill to track medicines is praised (www.signonsandiego.com)
Implementation of California’s e-pedigree law has (probably) been pushed back to 2015. The widespread industry support for the bill makes me believe that the 2015 date might actually stick. The more realistic timeline should encourage pharmaceutical manufacturers to get serious about mass serialization...
William Fink, R.Ph., President
Managed Care Pharmacy Consultants, Inc
Analysis of: Dr. Mark Yergin testifies to Congress (www.nytimes.com)
Doctors must be educated on the correct use of Methadone if unnecessary deaths are to be avoided.
Frederic Goldstein, President and Chief Operating Officer
Frederic Goldstein, President and Chief Operating Officer
U.S. Preventive Medicine, Inc.
Analysis of: Healthways' Guidance Not So Healthy (www.forbes.com)
Healthways reported lower than expected earnings in its current quarter and analysts are pointing to a tightening in the healthcare markets and the fact that Healthways products are expensive. Does this really make sense?
Joe Atkins, RN, MBA, CNN, CHT, Chief Executive Officer
Medical Concepts & Innovations
Analysis of: Amgen Told to Reword Drug Label (www.nytimes.com)
1)  Concerns over the new FDA restrictions on ESA's is being overstated. 2)  Amgen will continue to do well in the ESA market place, in spite of these changes. 3)  J&J will receive the brunt of these changes, strictly because of their market concentration in the oncology market. 4) ...
Joe Atkins, RN, MBA, CNN, CHT, Chief Executive Officer
Medical Concepts & Innovations
Analysis of: Nationwide EHR Implementation Price Tag Estimated at $150 billion (www.govhealthit.com)
The VA has already won many awards for an electronic medical records system, which tax payers have already paid for. Adopting the VA "CPRS" program would save the taxpayers and the private sector hundreds of billions of dollars.
Richard Amerling, MD, Director of Outpatient Dialysis
Richard Amerling, MD, Director of Outpatient Dialysis
BETH ISRAEL MEDICAL CENTER INC
Analysis of: Drugs to Build Bones May Weaken Them (www.nytimes.com)
Considering the effects of fosamax and other bisphosphonates on bone remodeling, it is not at all surprising to see problems arising with the long term use of these agents.  

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