GLG News by Physicians who Use Kinetic Concepts' VAC Therapy System

Glen McDanielPresident and Chief Executive OfficerGM Global

P4P: Would doctors be more enthusiastic if they got paid more?

April 25, 2007

Analysis of:Medicaid bill would reward doctors for patient care | www.belleville.com

As I have written elsewhere, P4P as a concept is really a given and, practiced well, is beneficial to patients and payors equally. The entire healthcare system benefits when evidence-based medicine is practiced and patients are treated according to the best science available, rather than by the "art" of medicine which is rife with variation.

Glen McDanielPresident and Chief Executive OfficerGM Global

Disease Management Must Include Prevention

April 22, 2007

Analysis of:Healthcare Innovations in Disease Management | www.worldhealthcareblog.org

Disease management (DM) seems such a good idea that most people are deeply disappointed that several studies show that little is saved by adopting DM models. The problem is that many confuse DM with "intensive treatment"

Glen McDanielPresident and Chief Executive OfficerGM Global

Proposed P4P for Medicaid muddies the waters

April 4, 2007

Analysis of:Rethinking criteria for doctors' pay | www.chicagotribune.com

President Bush requested as part of his 2008 budget that Medicaid adopt a form of P4P. The parameters and standards are vague and ill-defined, and will create lots of problems in implementation. The entire issue of P4P already has many variables; to tie reimbursement to a vague ill- thought -out version of P4P only spells disaster.

Glen McDanielPresident and Chief Executive OfficerGM Global

Canada ahead of the US in HPV vaccination

March 28, 2007

Analysis of:Canadian Government Includes $258M In Budget For HPV Vaccination | www.medicalnewstoday.com

Canada is ahead of the US in budgeting and providing education for the use of HPV vaccination in teenage girls in a ne ffeort to reduce cervical cancer.
This is a significant public health issue that needs to be addressed from a public health point of view and not simply on religious/philosophical grounds as many in the US have proposed.
Merck and Company is first out of the gate with its Gardaril vaccine and is likley to continue to be  a market leader even when competitiors like Glaxo Smith join the competition

Glen McDanielPresident and Chief Executive OfficerGM Global

TRIAD HOSPITALS BOUGHT FOR $5.1B IN SURPRISE MOVE

March 23, 2007

Analysis of:TRIAD agrees to $5.1B in Community Health offer | uk.reuters.com

In a surprise move TRIAD stayed public by being acquired by smaller rival Community Health System (CHS). This was a surprise to the industry because they thought TRIAD was positioned for a leveraged buyout and talks were ongoing with at least 1 private equity group.

This new association is unlikely to change services drastically for current TRIAD and CHS patients, but the new coalition will be watched for operating strategy as well as profitability

TRIAD's growth and aggressive acquisition could not be maintained indefinitely, so this is a good move for TRIAD shareholders

Glen McDanielPresident and Chief Executive OfficerGM Global

Pay for performance (P4P) requires consensus

March 21, 2007

Analysis of:Rethinking criteria for doctors' pay | www.chicagotribune.com

There is no doubt that P4P is here to stay. Given the escalating cost of healthcare, it makes sense to reward caregivers (physicians, hospitals and others) who provide the best outcomes and keep cost down.

The problem with P4P is that it generates strong opinions on all sides and stakeholders are eager to point out why "the other guy's version" WON'T work. It's time there was consensus on WHAT works and why P4P DOES work!

Glen McDanielPresident and Chief Executive OfficerGM Global

Rapid meningitis test welcome

March 20, 2007

Analysis of:FDA Clears Rapid Test for Meningitis | www.fda.gov

This is a welcome addition to the physician's arsenal- especially in emergency rooms and pediatric practices. However it must be interpreted with caution and does not replace clinical judgement. It is great to rule out the more deadly bacterial meningitis, but false positives could leave some cases of bacterial meningitis untreated if the physician relies solely on this test as a diagnostic tool.

Glen McDanielPresident and Chief Executive OfficerGM Global

TRIAD is still a company to watch for signs of things to come

March 5, 2007

Analysis of:TRIAD Tug of war | www.thestreet.com

Bad debt and weak patient volume continue to challenge hospitals, making them more innovative in operational efficiencies and managing growth. Going private is an option for some, and consolidation is bound to occur in the market place as well.

 

Glen McDanielPresident and Chief Executive OfficerGM Global

Good move for both companies. Next move?

February 28, 2007

Analysis of:GE to acquire Abbott's invitro and point of care diagnostics businesses | egems.gehealthcare.com

GE's acquisition of Abbott's invitro diagnostic and point of care divisions arose from a new acquisitive fervor of General Electric (GE), as well as the need for Abbott (ABT) to be more profitable. This is a good move for both companies, but we must wonder what other changes there will be coming down the pike and how traditional customers of both companies will be affected.

Glen McDanielPresident and Chief Executive OfficerGM Global

Corporate America CANNOT fix healthcare

February 21, 2007

Analysis of:Can Corporate America Fix Health Care? | biz.yahoo.com

US healthcare is an expensive hodge-podge of services which was born out of a post-World War paradigm that no longer applies. Each "patch" applied just delays the inevitable. Healthcare will not be affordable and universally available until the public demands it. Corporations are interested in a "fix" not so much because of altruism, as much as the cost of employer-driven healthcare.

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