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Is healthcare news getting tough to track?

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Current News “Top Picks” by MIB Editors…

Is healthcare news getting tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

• Justices seem split over striking down health law as arguments end
  The Hill, 2012-03-28
  “The nine Supreme Court justices were divided Wednesday over whether to strike down…”
• Obama lawyer asks Supreme Court to save healthcare law
  Reuters, 2012-03-28
  “The Obama administration’s top courtroom lawyer made an impassioned plea on…”
• Obamacare and medical technology
  Examiner, 2012-03-28
  “By all accounts Obamacare is in its infancy stage at this point, and we’re…”
• Report warns of deep cuts to medical research if budget sequester goes through
  The Hill, 2012-03-28
  “The U.S. medical research sector could see tens of thousands of jobs evaporate…”
• US FDA further explains its pilot program for ISO 13485 audits
  Mass Device, 2012-03-28
  “Following last week’s announcement that it would implement a pilot…”

Is healthcare news getting tough to track?

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• Healthcare Reform’s Day in Court: 6 Experts Weigh-In
  Becker’s Spine Review, 2012-03-21
  “Beginning next week, the Supreme Court will hear arguments over the legality of the…”
• Why Healthcare Reform Is Great (And Terrible) For Small Business
  Huffington Post, 2012-03-21
  “Next week, the Supreme Court hears arguments as to whether the…”
• Consumer Group Says House Draft Bill on Device Fees Should Be Rejected
  Bloomberg BNA, 2012-03-21
  “Draft legislation in the House for the reauthorization of medical device user…”
• Big Pharma has a role in healthcare reform too, says GSK’s Jack Bailey
  MedCity, 2012-03-21
  “Healthcare reform advocates say true reform will require change…”
• 15 of the Most Profitable Orthopedic & Spine Device Companies in 2011
  Becker’s Spine Review, 2012-03-21
  “Here are 15 of the most profitable orthopedics- and spine-focused…”

Is healthcare news getting tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

Is healthcare news getting tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

Hospitals worry about footing the bill for medical devices
FierceHealthcare, 2011-03-30
Harkin: Forget defunding healthcare
The Hill, 2011-03-30
Reform law still expected to curb deficit: CBO
ModernHealthcare, 2011-03-30
Medicare to pay for $93,000 prostate cancer drug
Huffington Post, 2011-03-30

Stay alert, be intelligent -

Jordan Zornes – Editor & Senior Analyst

Victoria Hunsicker Sanko – Senior Editor

Is U.S. healthcare intelligence getting tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

Current News “Top Picks” by MIB Editors…

…read all our Current News stories at “MIB Breaking News.”

Most Read News from Last Week…

After earthquake, tsunami, Bay Area biotechs keep close eye on Japan ties
Business Times, 2011-03-17
With Health Care Law Hitting First Anniversary, White House Tries Hand At Yet Another Sales Job
Huffington Post, 2011-03-17
Healthcare Reform: Overtreatment and Medical Error Are Still Driving Up Costs
BNET, 2011-03-17
Democrat pitches individual mandate as key to genetic testing innovation
The Hill, 2011-03-17

Stay alert, be intelligent -

Jordan Zornes – Editor & Senior Analyst

Victoria Hunsicker Sanko – Senior Editor

Subscribe to “Economic Issues in U.S. Healthcare” Breaking News”

Is healthcare industry economic intelligence tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

Current News “Top Picks” by MIB Editors…

Streamlined FDA process could aid biotech device makers

Is healthcare industry economic intelligence tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

Is healthcare industry economic intelligence becoming too tough to track?

Keep up to date with “Economic Issues in U.S. Healthcare” Breaking News Free:

Current News “Top Picks” by MIB Editors…

At the annual Life Sciences Alley meeting held in Minneapolis (December 8, 2010), presenters dissected the economic benefit of new medical innovations to our global society. It was an eye-opening discussion trained on the theoretical best methods to capture new innovations’ relative and absolute economic value.

Presenters from most sectors of our industry – manufacturers, healthcare providers and government – were pressing on the core theme — the need for a centralized system to act as a dynamic repository for capturing the economic value of therapies and diagnostic modalities, as well as their procedures, throughout the life-course of patient’s care to assess the true economic value to our healthcare system.

In the U.S. they call this “Comparative Effectiveness Research” (“CER”); in the EU they call it “Health Technology Effectiveness” (“HTE”). No matter what it is called, this grassroots movement is slowly evolving us to a new breed of clinical trial protocols capturing not only safety and efficacy/effectiveness but also economic value and comparing that value with that of the “gold standards” of care at any point in time.

What was not presented was what agency or group that would take the responsibility to fund and create the central data repository. There was a large minority agreeing that in the U.S. it will need to be a centralized service, similar to ClinicalTrials.gov…and it would likely cost billions of dollars to develop, commercialize and manage.

But where does that leave the developer and manufacturers of our new medical innovations? I am convinced that manufacturers need to act now and on a smaller scale. Each company will need to establish its own data management system (DMS) that is easy to use and compatible with the newly evolving central system, allowing as seamless uploads to this planned national central repository as possible.

Your comments?

Next week…likely solutions for practical DMS.

Stay alert, be intelligent -

Victoria Hunsicker Sanko – Senior Editor

Subscribe to “Economic Issues in U.S. Healthcare” Breaking News”

Jordan Zornes – Editor & Senior Analyst