Council Members in this Study Group: 35
This study group may include physicians, care providers, and researchers specializing in internal medicine, cardiology, oncology, dermatology, emergency medicine, family medicine, neurology, obstetrics-gynecology, psychiatry, radiology, nursing, optometry, genetics, and mental health. It may also include experts knowledgeable on diagnostic labs, disease management, medical devices, long term care, surgery centers, health management, pharma, and biotechnology, among others.
Leading institutions connect with members of this Study Group through GLG
System Director of Purchasing
HALLMARK HEALTH SYSTEM, INC.![]()
Louis Rocco is the System Director of Purchasing at Hallmark Health System, in Massachusetts. He has over 25 years of experience in purchasing and has negotiation, analytical, reporting and communication skills in inventory, distribution, purchasing,...
Martin GoldPrincipal
TECHNOLOGY ACCESS PARTNERS LLC![]()
Martin Gold, MBA, is the Founder and Principal of Technology Access Partners (TAP), since May 2001. He assists medical companies and investors to assess and respond to reimbursement related business and investment challenges. He helps companies increase...
Keith AllenDirector, Cardiothoracic Vascular Surgery Research
Mid America Heart & Lung Surgeons, PC![]()
Keith Allen, MD, is a Director of Cardiothoracic-Vascular Surgery Research at the Mid America Heart Institute in Kansas City, Missouri. He is board certified in Thoracic, Vascular, and General Surgery. Dr. Allen maintains an active clinical research department...
Associate Professor
Northwestern University, Feinberg School of Medicine![]()
Michael Kim, MD, is Associate Professor at Feinberg School of Medicine, Northwestern University, Illinois. He has served as Cardiac Electrophysiologist at Health Partners and Regions Hospital in Minnesota and also as Associate Professor at the University...
Daniel WeissPresident
Weiss Consulting Groups, Inc.![]()
Daniel Weiss, MD, FACC, is a Clinical Cardiac Electrophysiologist with Florida Arrhythmia Consultants and the Founder and President of his own consultancy, Weiss Consulting Groups, which provides consultation services to the business world on medical...
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
Will We Never Learn From Past Mistakes?
July 29, 2009
Mass. Panel Backs Radical Shift in Health Payment | www.nytimes.com
The idea of global payments is not a new one. This was attempted in the 1990's as part of insurer/provider risk-sharing arrangements. The dollars that providers will be given will have to be less than the amount the insurer spent on member care or no savings will be achieved. Providers will be required to recreate the administrative infrastructure of an insurance company along with the accompanying expense. Gatekeeper model managed care failed in the 1990s for all of these reasons.
How Low Will Patient Volume Go?
January 7, 2009
Hospitals See Drop in Paying Patients | www.nytimes.com
Hospitals are experiencing a reduction in the number of Commercial/Privately Insured patients seeking elective procedures. Some hospitals are more significantly impacted by this than others. How low will the patient volume drop and how long will this reduction last?
Conmed Under-performance is a Foreshadowing of Things to Come
January 6, 2009
Conmed lowers outlook as hospitals tighten budgets | www.boston.com
Conmed has indicated that sales of its devices have fallen partially due to the budget tightening at hospitals. While the company minimized the this issue in their statement it is just the tip of the iceberg.
Medical Devices that Communicate: Great Concept but Insurers Won't Pay
January 5, 2009
Medical devices lag in iPod age | www.boston.com
Both consumers and medical experts believe that if medical devices communicate with each other like consumer electronic products, cell phones, iPods, etc., there would be fewer medical error related deaths. In theory device interconnectivity is a great idea, but such capabilities require substantial funding. The research and development expenses industry wide would to accomplish these standards would be astronomical. Should hospitals be demanding these type of capabilities from the device manufacturers? At a time when hospitals are attempting to negotiate LOWER prices for their devices, they are highly unlikely to be wiling to fund such improvements.
Analysts Underestimate the Impact of the Recession on Device Manufacturers
January 2, 2009
Medical devices not immune to recession worries | www.boston.com
Poor financial performance and severe lack of credit are causing hospitals to place aggressive pricing pressure on device manufacturers. In addition, many hospitals are reporting a 20-30% reduction in elective procedure volume such as hip and knee replacement surgeries. The combination of the hospital financial environment and the recession will reduce hospital's purchasing volume and reduce the Average Sales Price (ASP) for the devices they purchase.
July 28, 2009 | New York
GLG Seminar: (NYC) Antiarrhythmics with Michael Kim, MDLeading Experts in Volume Trend Experts on Pacemakers (US) have not participated in any GLG webcasts.