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All GLG News Analyses Filed Under: Business of Medicine

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Posted July 2, 2008
Pharma may benefit from both new drugs and new uses for old drugs
Analysis of: One drug, many uses. Good idea? | www.indystar.com
Author: GLG Member Program Contributor
The public benefits when new uses are found for old drugs.  The benefit comes more quickly as the pharma company does not need to go through as many early studies to allow the approval for the drug use. However, I believe that pharma realizes that new uses for old drugs is not the way...
Adam Fein Posted July 2, 2008
Rite-Aid: From Worse to Awful
Analysis of: Acquired Stores Weigh on Rite Aid | online.wsj.com
Author: Adam Fein, Founder & President Pembroke Consulting Inc
Perpetual also-ran Rite-Aid (RAD) reported another quarter of weak results. When Rite-Aid Brooks/Eckerd came together in August 2006, the deal seemed to make sense given the marketplace dynamics although none of the companies were as well run as CVS or Walgreens. However, the company’s ongoing struggles...
Adam Fein Posted July 2, 2008
Walgreens’ $4.33 Surrender to Wal-Mart
Analysis of: Walgreens prescribes more club card use | www.suntimes.com
Author: Adam Fein, Founder & President Pembroke Consulting Inc
Walgreens (WAG) has begun touting its Walgreens Prescription Savings Club, which offers a 3-month supply of over 400 generics for $12.99 (plus an annual membership fee). Walgreens latest move suggests that the low-priced generic wave is having a bigger effect that many people (including me) expected....
Glen McDaniel Posted July 1, 2008
Boomers numbers and demands point to increased demand for medical real estate
Analysis of: Aging Baby Boomers Will Drive Demand for Healthcare Properties Over Next Decade, Grubb & Ellis Report Reveals | www.bio-medicine.org
Author: Glen McDaniel, President and Chief Executive Officer GM Global
Baby boomers are rapidly aging. According to Census Bureau by 2010 there will be 77 million people aged 55 and older; a number which will grow to a whopping 98 million by 2020. This aging population, living longer with chronic illnesses and more demanding of cafeteria-type service will drive the demand...
Posted June 30, 2008
Medicare's Perfect Storm: Losing Primary Care
Analysis of: Medicare fees to doctors fall Tuesday | news.yahoo.com
Author: GLG Member Program Contributor
Your mother and father will not get the compassion and care when they call for medical help .   It will not be available.  Your family physician was financially forced to leave.
Posted June 30, 2008
How are we to pay for computers with a 10% drop in Medicare fees?
Analysis of: Medicare fees to doctors fall Tuesday | news.yahoo.com
Author: GLG Member Program Contributor
Rising costs for care of seniors in physician offices will be made more painful by the reimbursement cuts. Will it impede care of seniors??
Posted June 30, 2008
Ranking Hospitals Based on Their Demonstrable Value
Analysis of: Ranking Hospitals on Bang for the Buck | blogs.wsj.com
Author: GLG Member Program Contributor
There is yet another ranking methodology for hospitals out there now.  Unlike earlier ones, however, this one at least tries to combine in one index both quality and affordability/efficiency (as well as patient satisfaction) simultaneously.  Doing this creates an otherwise elusive...
Posted June 23, 2008
EMRS
Analysis of: Most Doctors Aren’t Using Electronic Health Records | www.nytimes.com
Author: GLG Member Program Contributor
mY 6 PERSON GROUP HAS INSTALLED AN EXPENSIVE EMR ABOUT 6 MONTHS AGO . WHILE IT HAS BENEFITED US IN MANY WAYS (BETTER RECORD KEEPING FOR EXAMPLE) IT HAS BEEN VERY EXPENSVE TO INSTALL AND IMPLEMENT (HAVING TO HIRE A TECH GUY TO HELP US WT SERVER CRASHES , ETC THAT OCCUR WEEKLY).  IN ADDITION THE...
Adam Schaffner Posted June 23, 2008
Doctors need financial assistance to pay for Electronic Medical Records (EMR) systems
Analysis of: Most Doctors Aren’t Using Electronic Health Records | www.nytimes.com
Author: Adam Schaffner, Plastic and Reconstructive Surgeon The Detroit Medical Center
Electronic medical records (EMR) have been shown to enable physicians and other healthcare professionals to provide higher quality and more efficient healthcare.  The problem is getting EMR systems implemented in healthcare facilities across the country.  Given the declining reimbursements...
Posted June 23, 2008
Paradigm shift - Physician adoption of EHR
Analysis of: Most Doctors Aren’t Using Electronic Health Records | www.nytimes.com
Author: GLG Member Program Contributor
This article hits the mark on the financial aspect of EHR adoption. The other challenge is realizing the value of electronic over traditional paper in bridging the gap of the techno phobia that inhibits adoption.
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