The 5th generation wireless (5G) service being deployed today promises to deliver super-fast low latency broadband to phones or homes. Despite some highly promising applications, health care is underrepresented in its use of broadband for competitive and policy reasons but not for technical reasons. The usual pathway for your use of 5G would be via […]
Consumers have a love-hate relationship with prescription drugs. We love the wonderful new drugs that treat and sometimes cure conditions that were once life-threatening, but we hate the sometimes-unaffordable prices of the latest drugs. Consumers who have prescription insurance coverage are somewhat insulated from the full price of drugs, but insurers and pharmacy benefit managers […]
A group of 29 nonprofit organizations filed a letter with the FDA calling on them to foster the development of a robust biosimilars market, which would ultimately reduce prescription drug costs and provide patients with access to more affordable therapies. The letter is available online.
What if there was a way to simultaneously reduce the stunning levels of health care fraud in the United States while also combating the opioid crisis ravaging our communities? Well, there is. To read this op-ed, please visit the Morning Consult.
Replacing the current Medicare card with a high-tech “smart card” could help prevent billions of dollars in fraud while reducing medical errors and saving lives. To Read this op-ed, visit Real Clear Health.
Lowering the consumer price for a drug is in the public interest, provided that its sales margin recovers its development cost. Pharmaceuticals do not spontaneously emerge like weeds in a field. They are complex chemical or biological agents that are painstakingly designed and extensively tested for safety and efficacy. That said, there are steps worth […]
Additional consolidation in the health care industry is underway. Concerns about consolidation creating oversized companies naturally escalate in segments of the health care industry such as pharmaceuticals, distribution and insurance. A recent AMA study found that the prices of labor, pharmaceuticals, devices and administrative costs explain the almost double cost of health care in the […]
With the acquisition of PillPack, Amazon played another card in its high stakes contest of elbowing its way into retail pharmacy. Amazon has long been expected to make a move into the pharmacy space, and the 64,000 US retail pharmacies are not pleased to see Amazon sticking its big nose under their tent. Assuming that […]
Earlier this year, the House removed a bipartisan generic drug measure from an act approving the federal budget. The Creating and Restoring Equal Access to Equivalent Samples (CREATES) Act is pro-consumer legislation. CREATES gives generic drug makers sufficient paid access to enough samples of the patent drug that they need to complete formal FDA equivalency […]
Thanks to its high performance in a variety of settings, silicone has found its way into thousands of medical devices, from the most mundane to the most sophisticated. You’ve probably never visited a hospital without touching silicone material of some kind — it’s used in medical tape, electronic covers, syringe coatings, IVs, catheters, bed cushions, […]