Effective Database Design - Health Law and Mergers
On Wednesday July 27th, 2011 Bloomberg reported that the United States’ approval of Express Scripts Inc.’s $29.1 Billion bid for Medco Health Solutions Inc. could change the whole system and method of how Pharmacy regulators manage medical costs for customers and how profits are made for Pharmacy managers. Express Scripts makes a claim that the merger of its company will benefit consumers because it will cut down the cost of producing medical prescriptions and thereby create savings for consumers. However under this system, consumers must participate in being tracked whether they take their medicines. Find more about consumer benefits if the merger is fully approved,
here on SFGate’s news article.
But from the business perspective, it is still under speculation from the Federal Trade Commission antitrust review whether the merger can benefit consumers’ medical cost while keeping the pharmaceutical marketplace fair, competitive, and profitable. It is expected this review will take six months or more.
If the plan is approved to enhance the health care law, it is expected to cut the federal deficit by $143 billion through 2019. Is this the deal consumers and Pharmacy mangers have been waiting for? Is it a win-win for all involved? Or will a monopoly instill where profits remain far more important than quality health care for all? This uncertainty will continue for the next few months.
But an excellent method to keep track of medical cost and data is to use CIO Certified Database Design. A custom database system that provides any organization’s specific needs and wants to meet both professional and practical business concerns.
Help your customers learn about your products and buy online or check inventory for abundant time and cost savings, whether or not your company is part of the Pharmaceutical industry. The benefits are all right at the tip of your hands and your customers’ hands!
Certified CIO Database Design will help you give your customers the information they need most and allow you to capture essential information to make your business thrive and serve your company or industry’s unique needs!
If you have any questions, contact Certified CIO by calling 443-283-0666 or
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