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August 22, 2019

Market Research

  • CDC: Strategies used by adults with diabetes to reduce prescription drug costs
  • Rising global temperatures pose risk for ESRD patients
  • From The Journal of Healthcare Contracting

  • Women Leaders in Supply Chain
  • Distributor News

  • Henry Schein builds 27,000+ Comfort Kits in 2nd annual We Care Global Challenge
  • Manufacturer News

  • Steward Health Care signs long-term agreement with B. Braun for IV solutions, infusion pumps
  • Hillrom to present at the 17th Annual Morgan Stanley Global Healthcare Conference
  • Pfizer invests $500M dollars to advance gene therapy facility in Sanford, NC
  • Hospital and IDN News

  • North Metro Medical Center closes with no notice
  • Market Research
    CDC: Strategies used by adults with diabetes to reduce prescription drug costs
    The CDC recently published results of a survey that examined the percentage of adults age 18+, with diagnosed diabetes, who used various selected strategies to reduce their prescription drug costs. The majority of those with diabetes take medication for this condition. Compared with those without diabetes, adults with diagnosed diabetes experience higher out-of-pocket costs for prescription medications and cost-related, medication nonadherence behaviors. Key findings from the report:
    • Among adults with diagnosed diabetes, women (14.9%) were more likely than men (11.6%) to not take their medication as prescribed.
    • Adults under age 65 with diagnosed diabetes were more likely than those aged 65 and over to not take their medication as prescribed (17.9% and 7.2%, respectively) and to ask their doctor for a lower-cost medication (26.3% and 21.9%, respectively).
    • Among adults aged 18–64 with diagnosed diabetes, the percentage who did not take their medication as prescribed or asked their doctor for a lower-cost medication was highest among those who were uninsured.
    • Among adults aged 65 and over with diagnosed diabetes, the percentage who asked their doctor for a lower-cost medication was lowest among those with Medicare and Medicaid coverage.
    Click here to access the report.
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    Rising global temperatures pose risk for ESRD patients
    “Sweltering heat and rising average temperatures around the globe are posing serious health risks for people living with kidney failure, according to a new study by researchers at the University of Maryland School of Public Health and the Renal Research Institute.
    “The first-of-its-kind study of information on 7,000 Fresenius Kidney Care patients found that on high heat days there was a 27% increase in the rate of same-day hospital admission and a 31% increase in the rate of same-day mortality among patients with end stage renal disease (ESRD)… For patients living with ESRD and diabetes, the risk of death on the identified high heat days increased by 83%. For those living with ESRD and chronic obstructive pulmonary disease or congestive heart failure, the risk increased by 60% and 55%, respectively…” (Continue reading)
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    From The Journal of Healthcare Contracting
    Women Leaders in Supply Chain
    The final day to submit a nomination for the “Women Leaders in Supply Chain” feature in The Journal of Healthcare Contracting is August 30. The criteria is simple: We’re looking for women leaders who are enthusiastic, creative and passionate about healthcare supply chain. If you know of any such person and would like to nominate her, put together a few sentences on who you want to nominate and why, and send to JHC Editor Mark Thill at mthill@sharemovingmedia.com. Make sure your subject line reads “Women Leaders.”
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    Distributor News
    Henry Schein builds 27,000+ Comfort Kits in 2nd annual We Care Global Challenge
    Henry Schein, Inc. (Melville, NY) announced that more than 2,100 employees from around the world have joined together to build over 27,000 comfort kits for patients undergoing cancer treatment and their loved ones. Employees built the kits as part of the company’s second annual “We Care Global Challenge,” an initiative that aims to bring colleagues together under the shared mission of “Helping Health Happen” for people and communities in need. Working in partnership with Heart to Heart International, the kits will be distributed to people with cancer by the German Breast Cancer Society, the Canadian Cancer Society, the Australia-based McGrath Foundation, and the American Cancer Society (ACS). In the U.S., the kits are provided to patients and caregivers of patients living in ACS Hope Lodge facilities while receiving cancer treatment far from home. Each kit contains personal hygiene and comfort items, including mouth rinse, toothpaste, floss picks, hand sanitizer, lotion, and more. Learn more here.
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    Manufacturer News
    Steward Health Care signs long-term agreement with B. Braun for IV solutions, infusion pumps
    B. Braun Medical Inc. (Bethlehem, PA) and Steward Health Care (Dallas, TX) announced that Steward Health Care has entered into a seven year agreement to purchase IV solutions and Infusomat and Perfusor Space Pumps. As part of this long-term agreement, Steward Health Care will implement over 5,000 Infusomat and Perfusor wireless space pumps across its 36 domestic hospitals and outpatient facilities. The Infusomat Space large volume pump is designed for acute care adult and pediatric facilities. Weighing only 3 lbs, its compact design allows for flexibility and easy transport within care settings, the company said. The Perfusor Space syringe pump is intended for continuous or intermittent delivery of parenteral fluids, enteral fluids, medications, blood, and blood products to adults, pediatrics, and neonates. B. Braun will also supply IV solution products across the Steward Health Care system. Under the agreement and through B. Braun’s Enterprise Initiatives®, Steward Health Care will work with the B. Braun Group of Companies in the U.S., which includes B. Braun Interventional Systems, Aesculap and CAPS (Central Admixture Pharmacy Services, Inc.) to identify opportunities to standardize services and improve patient care and workflow efficiencies.
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    Hillrom to present at the 17th Annual Morgan Stanley Global Healthcare Conference
    Hillrom (Chicago, IL) announced that it will present at the 17th Annual Morgan Stanley Global Healthcare Conference on September 9, 2019, in New York. John Groetelaars, Hillrom's president and CEO, is scheduled to present at 11:40 a.m. Eastern Time. The live audio webcast of Hillrom's presentation can be found at the company’s website.
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    Pfizer invests $500M dollars to advance gene therapy facility in Sanford, NC
    Pfizer (New York, NY) announced an additional half billion dollar investment for the construction of its state-of-the-art gene therapy manufacturing facility in Sanford, North Carolina. This facility would expand the company’s presence in North Carolina. The facility is anticipated to support Pfizer’s continuing investment in gene therapy research and development, similar to Pfizer’s Chapel Hill and Kit Creek, North Carolina research and development sites. In addition to its gene therapy operations, colleagues at Pfizer’s Sanford facility also manufacture components for the company’s vaccine portfolio, including Prevnar 13 and several vaccines currently in Pfizer’s research pipeline. Pfizer expects to strengthen its ability to produce and supply both clinical- and commercial-scale quantities of critical, potentially life-changing gene therapy medicines to patients living with rare diseases around the world. Specifically, the new facility would help advance Pfizer’s work in manufacturing highly specialized, potentially one-time gene therapies that use custom-made recombinant adeno-associated virus (rAAV) vectors.
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    Hospital and IDN News
    North Metro Medical Center closes with no notice
    North Metro Medical Center (Jacksonville, AR) shut down August 20, leaving local residents without an emergency room. According to local news, no notice was given before the hospital shut down. On August 21, black plastic covered signs near the hospital's entrance and signs on the locked doors said, "Sorry we're closed." Jacksonville Mayor Bob Johnson wasn't surprised by the news. He said he's been trying to find a new operator for North Metro Medical Center for months because he knew the hospital's closure was imminent. He's still trying to secure a buyer for the facility, according to a report.
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