CSPN appoints Raymond Rede as VP managed care relations
DREXEL HILL, Pa. — Community Specialty Pharmacy Network has appointed a former Bayer Pharmaceuticals executive to serve as the organization’s VP managed care relations.
Raymond Rede will be responsible for "leading contracting initiatives with managed care organizations on national, regional and local levels and assisting in the development of our specialty provider network solutions," CSPN CEO Gerry Crocker said.
Rede comes to CSPN from Bayer Pharmaceuticals, where he was most recently director of the company’s managed markets marketing, a role in which he developed Bayer’s managed market strategy and messaging focusing on payer health economics for key Bayer specialty products. Prior to this, Rede had previously served as director of the drug maker’s specialty pharmacy market segment, which encompassed developing Bayer’s specialty pharmacy strategy across all specialty pharmacy stakeholder segments.
"In my experience over the last few years, two things are becoming very clear. Health outcomes have become a focus across the entire healthcare system," Rede said. "The specialty pharmacy segment is in a unique position to step forward and lead. Secondly, in the diseases specialty pharmacy is active in, there is still no substitute for personal intervention, particularly if positive outcomes are the goal. CSPN is well positioned to address these points for employers, payers and manufacturers alike."
Walmart pumps up the fuel savings
BENTONVILLE, Ark. — Walmart is bringing Americans some much-wanted relief at the pump this fall and winter with the return of its "Great Gas Rollback" program.
Beginning Aug. 31 and ending Dec. 24, Walmart customers using a Walmart gift card will receive a 10 cent per gallon discount. Customers who use a Walmart MoneyCard or Walmart credit card will save 15 cents per gallon on their fuel purchase.
Gas will be discounted at more than 1,000 Murphy USA and Walmart gas stations located at Walmart Supercenters in participating states.
"It’s a busy time for our customers. They are sending their kids back to school and planning for Labor Day travels, and the holidays are just around the corner. As gas prices get higher, these tasks get tougher," said Duncan Mac Naughton, chief merchandising and marketing officer for Walmart U.S. "We’re here to help. Last year, we saved our customers nearly $60 million with the gas rollback program. This year, we’re excited to provide an even bigger discount on fuel that will help them save more money when they need it the most."
Abbott’s Humira gets support for expanded use
WASHINGTON — A panel of outside advisers to the Food and Drug Administration has backed wider use for Abbott Labs’ rheumatoid arthritis drug, Humira, for treating a type of inflammatory bowel disease.
According to published reports, the panel voted 15-2 that the benefits of Humira outweighed the risks in treating ulcerative colitis. However, the panel asked Abbott to conduct more studies upon Humira’s approval.
While it isn’t required to do so, the FDA typically follows panel recommendations. According to reports, a final decision is expected by the end of the year.
According to reports, the drug would only be used in people battling moderate to severe ulcerative colitis who have not had success with other medicines. If approved for ulcerative colitis, the drug maker said that Humira would be the first biologic drug that people could inject themselves.
Last November, the FDA rejected Abbott’s application for Humira in ulcerative colitis, asking for further information.
The blockbuster drug already is approved for six other conditions, including rheumatoid arthritis and Crohn’s disease.