AIS's Health Business Daily
Strategic Business News from Experienced Health Care Reporters
at Atlantic Information Services, Inc.
Specialty Pharmacy News
Today’s issue is brought to you by AIS's Specialty Pharmacy News, a monthly newsletter designed to help health plans, PBMs, providers and employers contain costs and improve outcomes related to high-cost specialty products.

October 30, 2014

Today's Featured Story

PhRMA Reports Show Promise, Challenges of Oncology Therapies
Reprinted from Specialty Pharmacy News

Pharmaceutical manufacturers are maintaining their research-and-development focus on oncology, with 771 therapies, including vaccines, in the pipeline, according to a new report from the Pharmaceutical Research and Manufacturers of America (PhRMA), released Oct. 7. And while many innovative products are coming onto the U.S. market, there are many more that fail during clinical trials. But it’s those failures that help researchers gain a better understanding of how cancer works — and how best to attack it — said PhRMA in a second report released the same day.... Read Full Story

 

Quote of the Day

“The use of risk-corridor payments by the GOP leadership as a rationale for a budget shutdown makes me think there’s still lead in the Capitol water pipes.”

— William Pewen, Ph.D., who served as senior health policy advisor to former Sen. Olympia Snowe (R-Maine) and is now an assistant professor at Marshall University, told AIS’s Inside Health Insurance Exchanges.

From INSIDE HEALTH INSURANCE EXCHANGES

 

Today's Datapoint

15% ... per worker was saved on medical benefit costs in 2014 by employers that used Mercer Marketplace, the company announced recently.

From HEALTH PLAN WEEK

 

FierceHealthFinance News from our partner FierceMarkets

Providers devise new fees to levy against patients

Challenged by insurers ratcheting down their payments, hospitals and medical groups are creating more fees and charges for patients to pay as part of the care they receive, The New York Times reported.... Read more

 

Today from Washington

People on the Move

Loxo Oncology, Inc. promoted Jennifer Low, M.D., Ph.D., to chief medical officer. She will continue to serve in her current role of executive vice president of research and development....Valerie Palmieri joined Vermillion, Inc. as chief operating officer. She was previously president of MOMENTUM Consulting....Alere Inc. named Namal Nawana president and CEO. Nawana was previously chief operating officer, and was appointed interim president and CEO in July....The Journal of Urology appointed Joseph Smith, M.D., editor. Smith is currently chairman of the Dept. of Urologic Surgery at Vanderbilt University Medical Center.

 

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