PositiveID releases white paper about the health, economic burdens of diabetes
DELRAY BEACH, Fla. PositiveID has published a white paper that describes the health and economic burden of diabetes on Americans and the U.S. economy, the company said Wednesday.
“Fixing the Black Hole in Diabetes Management” discusses how patient care and overall health improves when there is a high quality of patient-clinician collaboration. Additionally, PositiveID noted that diabetics who follow recommended self-monitoring blood-glucose testing-level guidelines may not share the test results with their healthcare providers — the test results are not being used to improve glycemic control and achieve long-term goals, thus getting lost in a “black hole.”
PositiveID pointed out that the use of such monitoring systems as its iGlucose system, which uses wireless SMS messaging to automatically communicate a diabetic’s glucose levels in real-time, can be beneficial to diabetic patients. Citing a a 2009 study, “Excessive Hospitalizations and Its Associated Economic Burden among People with Diabetes in the United States,” found that in 2005, hospital charges alone and medical costs for individuals with diabetes exceeded $171 billion and $90 billion, respectively.
Scott Silverman, PositiveID chairman and CEO said, “We believe the benefits of the iGlucose system are obvious. It can provide improved health outcomes through real-time disease management, simplifying patients’ lives and enhancing vital communication between patients and their healthcare providers. iGlucose also has the ability to decrease fraud and healthcare costs for providers and insurers by automatically creating compliant patient testing logs, which are required to comply with Medicare Part B reimbursement regulations.”
NCPA: Drug manufacturers should pay rebates in DoD’s Tricare program
ALEXANDRIA, Va. The National Community Pharmacists Association expressed support of the U.S. Department of Defense’s efforts to collect the same manufacturer rebates for the Tricare retail pharmacy program that are applicable to prescriptions filled at Tricare mail-order pharmacies and military treatment facilities.
Tricare beneficiaries may lose face-to-face interaction with their pharmacists if such reimbursements are not provided to them, NCPA said. Currently, prescriptions used in the Tricare retail pharmacy network are subject to federal ceiling prices under law. NCPA believes that the DoD shouldn’t be denied billions of dollars in rebates from drug manufacturers, or make Tricare members solely use mail-order prescriptions.
“The Department of Defense provides prescription drug benefits to active duty, reserve, and retired military families and wants to reduce cost, maintain access and produce the best health outcomes possible,” said Bruce Roberts, NCPA EVP and CEO. “However, drug manufacturers undercut those goals by not paying their fair share of federal ceiling prices. Studies indicate pharmacists are critical to patients in impacting medication adherence, but if drug manufacturers continue to only pay rebates for mail order prescriptions then that won’t occur. The Department of Defense should hold the drug manufacturers accountable for all their financial obligations.
“Without changes, the choice Tricare beneficiaries take for granted about where to get their prescription drugs might fall by the wayside as increased use of mail order would become an unfortunate, but possible reality,” added Roberts.
Report: Lilly drugs stolen out of warehouse
HARTFORD, Conn. Burglars stole $70 million worth of prescription drugs from an Eli Lilly warehouse, according to published reports.
The Associated Press reported Tuesday that the burglars disabled the alarm, climbed the wall, cut a hole in the roof and rappelled inside the warehouse, in Enfield, Conn. Drugs stolen included anti-depressants and anti-psychotics, though there were no painkillers in the warehouse. Law enforcement officials told AP that they stole enough to fill a tractor-trailer.
The FBI has been called to investigate, AP reported.