PHARMACY

Doctors Express to expand market presence

BY Antoinette Alexander

NEW YORK Doctors Express, a national urgent care franchise, is looking to become the largest for-profit urgent care franchise with up to 3,000 centers, according to published reports.

 

"One of the challenges [with health care] is the time it takes to get in to see your primary care physician," which can take up to a month, Doctors Express founder Peter Ross was quoted as saying in an article published on Coloradoan.com.

 

 

Doctors Express has 70 clinics in 23 states and is looking to have 25 more open by year’s end, the article stated.

 

"The nice thing about Doctors Express for a franchisee — in other words a business owner — is that I’m getting into a business that is very recession-resistant. People are always going to need medical care. The urgent care industry is fragmented or what some people would call unorganized, and Doctors Express is the first national urgent care franchise system," Ross said during a video interview with 919Marketing.

 

Doctors Express charges $125 to $140 for a basic visit, and estimates an ER visit to be about $600.

 

 

Ross also told Coloradoan.com that his clinics accept all insurance, Medicare and the uninsured, and "we work very well with primary care physicians. We produce complete reports to send to primary care physicians so they can follow up with their patient."

 

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Teva’s generic Effexor XR receives regulatory approval

BY Alaric DeArment

SILVER SPRING, Md. The Food and Drug Administration has approved the first generic version of an extended-release antidepressant pill made by Pfizer, the agency said Tuesday.

The FDA approved Teva Pharmaceutical Industries’ venlafaxine hydrochloride extended-release capsules. The capsules are a generic version of Effexor XR, used to treat major depressive disorder. The capsules will be available in the 37.5 mg, 75 mg and 150 mg strengths.

“The approval of this widely used antidepressant is another example of the FDA’s efforts to increase access to safe and effective generic drugs,” said Keith Webber, FDA Center for Drug Evaluation and Research Office of Pharmaceutical Science deputy director. “Access to treatments for depression is important because depression can interfere with a person’s daily life and routine, which can significantly affect relationships with family and friends.”

Effexor products had sales of $520 million in 2009, according to Pfizer financial data.

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NACDS, NCPA back senatorial MTM bill

BY Antoinette Alexander

ALEXANDRIA, Va. The National Association of Chain Drug Stores and the National Community Pharmacists Association have voiced their support of the Senate medication therapy management bill, authored and introduced Tuesday by Sen. Kay Hagan, D-N.C., as it aims to further pave the way for enhanced pharmacist-provided MTM services.

Hagan’s Medication Therapy Management Expanded Benefits Act of 2010 would enhance pharmacist-provided MTM services for Medicaid and Medicare beneficiaries by opening MTM services to patients suffering from any chronic condition or disease. Sen. Al Franken, D-Minn., is an original co-sponsor of the bill.

"By encouraging MTM services in neighborhood pharmacies, the bill would improve public health and reduce healthcare costs by helping patients to take their medications in the right ways and avoid complications with their drug therapies," stated NACDS president and CEO Steve Anderson. "Patients suffering from chronic disease, be it diabetes, hypertension, asthma or other conditions, will benefit from these pharmacy services, which also strengthen the pharmacist-patient relationship. We thank Senators Hagan and Franken for their commitment to improving health care in a way that stands to reduce costs and improve lives."

Added Douglas Hoey, NCPA acting EVP and CEO, "For many Medicare Part D patients, the challenges of coping with numerous chronic conditions and diseases require an expert’s consultation, and pharmacists are clinically trained in helping ensure their patients are getting the best possible results. The bill offered by Senators Hagan and Franken is the next logical step in broadening the reach of MTM. NCPA urges the Senate to move expeditiously to pass this bill, because true healthcare reform needs to incorporate all the best practices."

The bill is the Senate’s companion to H.R. 3108, the Medication Therapy Management Benefits Act of 2009, introduced by Rep. Mike Ross, D-Ark., last year and endorsed by NACDS and NCPA.

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