Study finds cost of cancer drugs decreased over decade
NEW YORK Researchers at Cornell University concluded that the cost of cancer drugs has dwindled in the past 10 years.
The study, “A Quality-Adjusted Price Index for Colorectal Cancer Drugs,” analyzed the treatment data collected through clinical software and developed a price index for cancer treatments between 1993 and 2005, according to a report. Overall, the researchers found that the true cost of cancer drugs is 30% less than a decade ago.
“Instead of focusing on the cost of a specific drug dosage cost, cancer or otherwise, it is essential that we look at the big picture costs that include all aspects of quality of life,” said Peggy C. Frank, MBA CEO, Frank Public Relations Worldwide, Westlake Village, Calif.
The findings were published by National Bureau of Economic Research.
Jewel-Osco offers flu shots, savings on shopping trip
ITASCA, Ill. Beginning Monday, customers who get a seasonal flu shot at a Jewel-Osco pharmacy received a special invitation to save a total of 20% on a future grocery shopping trip, the grocer, owned and operated by Supervalu, announced Sept. 14.
“This savings opportunity is our way of showing that it really does pay to take care of your health,” stated Jeff Bregar, manager, integrated clinical services, Jewel-Osco Pharmacy.
This season, Jewel-Osco will offer flu shots at $24.99 by appointment or on a walk-in basis between 9 a.m. and 5 p.m., weekdays and weekends. Select 24-hour pharmacy locations can provide flu shots around the clock.
After receiving a seasonal flu shot, customers will receive a 20% discount coupon when they take advantage of any one of the following services that can help jump-start or renew plans for a healthier lifestyle:
- Transfer or fill a new prescription at Jewel-Osco Pharmacy;
- Receive another immunization, including the vaccines that can prevent pneumonia, shingles, tetanus or meningitis;
- Complete a private medication review with a Jewel-Osco pharmacist;
- Complete JEWEL-OSCO’s Tools for Living Healthy With Diabetes education program; or
- Receive an in-store health screening for cholesterol, thyroid dysfunction, prostate cancer, blood glucose or A1C.
“While the opportunity for immediate grocery savings can be significant to many of our customers, the long-term benefits of health maintenance and preventative care measures are far greater,” Bregar said. “Good health is priceless.”
In addition to the grocery savings offer, customers will also receive a flu, cough and cold survival kit (while supplies last). The kit, valued at $30, includes free samples, coupons and tips for staying healthy during the upcoming cold and flu season.
The grocery savings opportunity is an extension of Jewel-Osco Pharmacy’s commitment to building healthier communities, one individual at a time.
Kroger reports Q2 earnings
CINCINNATI Kroger reported same-store sales increased 2.6% (excluding fuel) in the second quarter of its fiscal 2009 ended Aug. 15, compared with the same period last year.
Total sales, including fuel, in the second quarter were $17.7 billion, compared with $18.1 billion for the same period last year. Excluding fuel sales, total sales increased 3.5% over the prior year.
The retailer reported a drop in net income to $254.4 million, or $0.39 per diluted share, for the second quarter, compared with net earnings of $276.5 million, or $0.42 per diluted share, in the same period last year.
“We remain confident in our strategy. The number of loyal households we serve and the number of items they are buying in our stores grew during the quarter. As a result, we experienced exceptional tonnage growth,” said David B. Dillon, Kroger’s chairman and CEO. “Kroger’s customer-focused strategy is generating and will continue to generate long-term value for our shareholders.”