pharmacy daily for mon 29 sep 2014 - call for 6cpa 2 year limit, cma $70m savings call, hospital...

8/11/2019 Pharmacy Daily for Mon 29 Sep 2014 - Call for 6CPA 2 year limit, CMA $70m savings call, Hospital admission up,

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Monday 29 Sep 2014 PHA RMAC YDAI LY.COM.AU

Pharmacy Daily Monday 29th September t 1300 799 220 w www.pharmacydaily.com.au page 1

New Fever-Bugz dealHMR H hc harmacists reading Pharmacy

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Medicare $42.5b billAUSTRALIAShealthcare market

w US$42.5bby the year 2020, according to

ch c u GlobalData.

G w 5.1% u y, hph c u c k , u US $22.7b 2013, w w US$32.1b by 2020, h p .

GlobalData director of healthcareindustry dynamics Joshua Owidesaid that while Medicare andthe PBS were the main drivers ofgrowth, other factors included

h c y p pu w h w - u

guidelines and the rising prevalenceof non-communicable diseases dueto an increasingly sedentary life.

On the other side of the ledger,c p uc ub u

c -cu w uc u w h , h .

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90% funded Tas PSAcourses

FOLLOWING h Ph c u cSociety of Australias (PSA)

uccess in lobbying for moreunding for government fundedp c h PSA qu courses, Tasmanians will have thepportunity to take three of the

qu c f hhe price.PSA Tasmanian branch president

Shane Jackson said the specialunding arrangement would help

many in the pharmacy professionxpand their skills.Th h c u c

Dip Mgt, Cert III in Community

Pharmacy and Cert IV inCommunity Pharmacy.

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Astellas takes overASTELLASPharma Australiaas announced that from 01 Octt will take back from bioCSL the

bu fVesicare (solifenacin succinate)or the treatment of symptomsf c b

Flomaxtra(tm) (tamsulosinydrochloride) for the treatment ofymptoms associated with benign

c hyp p .

$140K health challengeJANSSEN Australia has launched $140,000 h h ch y

ch (H TCH)2014, calling for ideas to tackle thehealth challenges facing Australia,

p c y ch cdisease states and their increasingcost burden.

Janssens HaTCH 2014 will backf u w h $10,000 futo help further develop theirbusiness ideas and one overallwinner will receive a further$100,000 b h f .

Judging will be on 07 Oct.For more details, CLICK HERE.

Fridays Comp winnerFRIDAYSwinners of the

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Hospital admission upTHE rate of admission to private

hospitals in Australia has risen since2003-04 to 2012-13 to about 3.8m,

p 41% f according to a new report from theAu I u f H h Welfare (AIHW).

Same day admissions increased60% f 1.65 2.65 wh

overnight admissions increased21% f 986,000 1.20 , AIHWspokesperson Jenny Hargreavessaid.

Areas with the highest admissionrates included Noosa, Ku-ring-gaiand Holdfast Bay, she said.

Public hospitals same day c by 35%

h by 28% h period, by comparison.

Same day admissions weredominated by haemodyalisis andcolonoscopies.

Th f h p pu b h c u c hgrowth for overnight admissionswith coronary angiography andc c b h common reasons, the report said.

Diabetes wave slowsTHE US b u w y

y b h w h fslowing down, researchers fromthe Centers for Disease Control

P h paper published in the Journal ofthe American Medical Associa on .

The study, covering both typeone and two diabetes and lookingat data for 664,969 adults aged 20to 79 years, said there had beena doubling of the incidence andprevalence of diabetes during 1990to 2008, followed by a plateauingbetween 2008 and 2012.

Subgroups such as non-Hispanicblacks, Hispanics and those with

y h h ch uc h w c

prevalence or incidence, theauthors said.

CLICK HERE to see the abstract.

Call for 6CPA 2 year limitTHE government should consider h S x h C u yPharmacy Agreement (6CPA) to twoy h h h years, it has been suggested.

W h AFR, Herbert SmithFreehills partner Brendan Earle said

h w u h C p P cy R w

to receive more submissions on its p , wh ch c

ph cy c u(PD 23 S p), pub h report.

E h y p y h c

reform in the area because evenf h w h p

c , Ph c u c BSch (PBS) c u w u

c wh ph ccould be located.

For example, pharmacies locatedwithin supermarkets cannot access

PBS subsidies.Earle said no one had suggested

that only doctors should own andgovern Primary Health Networks,and it would be strange to do so.

Ph cy w h p care an anomaly in Australiashealthcare sector.

This is a complex topic and needs b p p y .

H w , w years to analyse it.

A spokesperson for the PharmacyGu h y gave some level of certainty and

b y u p cpersonal investments bycommunity pharmacy owners.

Pharmacy owners need to sign c

arrangements which shouldnot be thrown into doubt whileeconomists ponder the merits of aneconomic theory.

Th M f H h cdid not respond to a request forcomment.

T h c ,CLICK HERE.
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Monday 29 Sep 2014 PHA RMAC YDAI LY.COM.AU

rmacy Daily is a publica on for health professionals of Pharmacy Daily Pty Ltd ABN 97 124 094 604. All content fully protected by copyright. Please obtain wri en permission from the editor to reproduce any material. While every care has been taken in theprepara on of Pharmacy Daily no liability can be accepted for errors or omissions. Informa on is published in good faith to s mulate independent inves ga on of the ma ers canvassed. Responsibility for editorial is taken by Bruce Piper.

itors Bruce Piper, Alex Walls & Mal Smith email [email protected] advertising Katrina Ford @ph cy y.c . u page 2

DISPENSARYCORNER

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phosphorus, paint thinner andlighter fuel, all of which sound likegood reasons not to try it.

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history was a case of healthpolicy misadventure, includingresistance to change from healthbureaucrats and decision makers

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unwelcome foreign ideas.

NINJA turtle shell armour.W h h

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Welcome to PD sweekly commentfeature.This weekscontributor isPaul Rowe,ManagingDirector - TheBusiness Squad

More Tips to Beat PBS

ReformPBS price changes will have an

e ect on your pharmacy, especiallyif you stand by and do nothing.

Here are another ve tips that willhelp:

Over GearingEvery business has a nite capacity

to repay debt. Over-gearing willundermine your business. Reviewyour debt and try to lower yourrepayments.

Work in your PharmacyWorking in your pharmacy will

give you a better understanding ofyour customers, the needs of thebusiness and the sta dynamicswithin.

Work on your PharmacyDont lose sight of the bigger

picture. Work on developing yourpharmacy and understand theproduct and advertising mix. Whatare your competitors up to andwhat else can you do to generaterevenue?

Sta ngThis is one of your largest costs

and the key to generating revenue.Make sure you have the right stadoing the right thing at the r ighttimes.

Ask For HelpYou are not an island and there are

people out there that can help. TheGuild, PSA, accountants, bankers,wholesalers and independent

consultants are all there withdi erent skill sets you can tap into.

You just have to ask!The biggest part of any positive

change is that rst step. Good luck.

Weekly Comment

Dont rest on laurelsTHE G I u h

Australia cannot rest on its laurelsif it wishes to sustain and improvehealth in the future.

In a submission to the SenateS c C H h,health program director StephenDuck h h f w PBreadon said while Australiashealth expenditure and outcomescompared well with similarcountries, these results werethe fruit of reforms in previousdecades.

There were major challengesfaced by the health system,including high mortality rates forIndigenous people compared withnon-Indigenous people, access tocare in rural and remote Australia

h cu f f .Such issues needed to be

addressed over the longer term,the submission said.

In many cases, this will meancu c p x f

standing up to vested interests.In some areas - such as

coordinated care, new paymentsmodels, and Indigenous health-weneed to increase our investment in

xp u u wh w k .

The submission re-iterated theI u c f b ch kp c f c ph c u c

f b u fp ph c u c .

To read the submission, CLICKHERE.

CMA $70m savings callSEEKING u h

areas of complementary medicines,Complementary Medicines Australia(CMA) h ub u Canberras request for input, with acall for the government to operatew h L h T uch, R h T uch.

CMA president Richard Henfrey h k up h

challenge from the government tofy u c y u

p h c c cand costs to industry and taxpayers.

We looked at regulatoryup c , u c y c ,

k , p c b y c y k

products.And we found clear examples

where the regulatory burden hasu pp h b , p cu y

in terms of reduced consumer risk.CMA h p h

deregulatory agenda with a savingf $70 p u , H f y.Th w u f

pp , kapprovals and manufacturingcomplexity.

Flinders $500k grantFLINDERSU y M c

D c R ch I u hc $500,000

government grant to improvethe Hospital in Home service, afu c f wh ch w

h p u c uch b c h -b p .
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pharmacy daily for mon 29 sep 2014 - call for 6cpa 2 year limit, cma $70m savings call, hospital...

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