That is why the government needs to step in and offer a grant for these companies to dig deeper into their studies and come up with something that has less side effects. “One CNN source estimates the cost of the REGN727 clinical trials to be in the billions of dollars (Curley, Ann, CNN, 2012). This means that the price of the drug is going to be dangerously high. If the government can step in now and offer some money to reduce the cost on the company the drug will be less expensive and everyone who needs it will be able to afford
Gilead’s comparative study with Combivir, which currently holds the highest market share in Europe would be indicative of its superiority. Physicians would also be interested in clinical data indicative of better efficacy. Truvada not only demonstrated greater virological response but a better tolerance for the drug combination and better compliance to the treatment regimen. These are properties physicians would consider carefully given the chances of the virus developing resistance to a drug due to non-compliance by the patient. High level of adherence to the treatment regimen is a major requirement for the disease The FDA approval and uptake in the US market could also be used to promote Truvada.
Opposition says that assisted suicide actually puts the person’s life in the hands of others. It gives doctors the power to administer lethal drugs with blanket legal immunity as long as they claim “good faith” and it gives insurers a cheaper option than providing the care a person needs. (Coleman & Drake, 2012) Furthermore, it is a misconception that a living will is a safeguard for patients that are incapacitated to ensure that their wishes are carried out. In fact, a study by the University of Pittsburgh Medical Center of 700 doctors in 34 states showed that over 50% of them misinterpreted a living will as having a “do not resuscitate” (DNR) order when it actually did not. A similarly alarming fact was brought to light in a Wall Street Journal article that raised questions about determination of death as it relates to organ donor ship.
Calexico Hospital plans to invest $1.6 million in a new MRI machine. The MRI will be depreciated its 5-year economic life to a $200,000 salvage value. Additional revenues attributed to the new MRI will be in the amount of $1.5 million per year for 5 years. Additional operating expenses, excluding depreciation expense, will amount to $1 million per year for 5 years. Over the life of the machine, net working capital will increase by $30,000 over the life of the project.
Adding to that the lows median income (lowest among the 5 projects) can be among the reasons why Walmart has performed well with its low price policy. Brand Awareness impact: While the closes Target is 80 miles away from the project store, it can be assumed that Target brand dose not have a well-known brand awareness. It will take time and investment for Target to increase the brand awareness and also compete with established brand such as Walmart; all expected marketing investment on brand awareness would contribute to 25% sales increase in 5 years. Further comparison with other projects in
As the relative size of the overhead cost pools increase, the Apple Valley group would need to switch to the double apportionment method in order to accurately allocate all overhead costs. Also, the double apportionment method is a more fair and equal allocation method to the patient services departments. As allocation rates increase and become more concentrated in only the patient services departments, the sensitivity improves as costs are directly attributed to profit generating cost centers. These allocations are based on estimates, and absolute patient volume provides the most accurate assessments for profitability. Regardless of the allocation method, Adult Medicine is the most profitable department, and Obstetrics is the next most profitable department.
Situation Analysis. Metabical is a new prescription drug that claims to be a safe and an effective way of losing weight for moderately overweight individuals. This drug has the differentiation of FDA approval and a comprehensive support program for post purchase support. The problem is in deciding what positioning, target market, segment and marketing mix to use as initial rollout of the product, in a time when the consumers are skeptical of weight loss drugs due to of deceptive marketing stigmas. The mix should have a sufficient initial impact and long term viability on sales so as to recover CSP initial investment of $400 million in 10 years.
The Americans view western medicine as the peak of importance and the latest in modern technology. The doctors being highly educated, use their knowledge to diagnose patients based on symptoms and using medical equipment to aid in treating their patient’s bodies. Since the Hmong medical knowledge consists of spirit and soul, shaman uses a holistic approach to healing the soul and then the flesh (Yang, 1998), holding conversations with their patients to decipher the thoughts and theories about their illness. Standing from the viewpoint of the Hmong, biomedical practices will hence be determined to be irrational as the doctors do not mention the soul, which is something the Hmong believe that by leaving the soul untreated, it will lead to the manifestation of physical ailments. With the Lees standing firm on adhering to their culture and they feel that the western medical field lacks proper interaction with patients thus the inability for the Lees to be able to fully trust the doctors.
The article Management of Cocaine-Associated Chest Pain and Myocardial Infarction : A Scientific Statement From the American Heart Association Acute Cardiac Care Committee of the Council on Clinical Cardiology (Circulation. 2008), impresses the importance of ascertaining whether the patient has been using cocaine in connection with reported chest pain because the therapeutic interventions will be completely different. If the patient fails to self-report drug use it is important to use diagnostic testing, such as a urine analysis, to determine the presence of cocaine. Patients with cocaine-associated chest pain, unstable angina,or MI should be treated similarly to those with ACS, with some exceptions. Unlike patients with ACS unrelated to cocaine use, cocaine users should be provided with intravenous benzodiazepines as early management.
Many social and economic barriers are a part of why many Americans are not receiving proper healthcare. (Lavizzo-Mourey, R, (2009). We can reduce this by Coordinating care through family doctors and Use insurance to manage chronic diseases (Arnst, C. (2009). Example, if more people seek preventive care and are able to speak to their doctor longer than the 10 minutes most providers are with the patient more problems can be addressed and preventive standards can be set in place. This can save the nation an estimated $25 to $50 billion a year for not repeating visits for duplicate complaints or follow up cost.