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Post by dreamboatcruise on Jan 13, 2016 23:13:13 GMT -5
Not what he said. Afrezza will be part of diabetes 'carve out' in urgent care centers. Diabetes clinics driven by Afrezza's realtime control. So Rob was very close. Rob was very close (and others I believe)... and I was very wrong apparently. I was the one stating that I couldn't believe they'd be able to get reimbursed for anything if they were blatantly pushing a drug that payers seem to be rejecting. I'm still baffled at how that will work, but I'm taking Matt at his word that it is going to happen... and eagerly waiting more details to get a handle on how replicable the model will be beyond whatever the initial locations are or whether there is something unique about them that overcomes the issue I see. Some is better than none, in any case.
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Post by dictatorsaurus on Jan 13, 2016 23:26:05 GMT -5
Diabetes clinics driven by Afrezza's realtime control. So Rob was very close. Rob was very close (and others I believe)... and I was very wrong apparently. I was the one stating that I couldn't believe they'd be able to get reimbursed for anything if they were blatantly pushing a drug that payers seem to be rejecting. I'm still baffled at how that will work, but I'm taking Matt at his word that it is going to happen... and eagerly waiting more details to get a handle on how replicable the model will be beyond whatever the initial locations are or whether there is something unique about them that overcomes the issue I see. Some is better than none, in any case. I won't state my source but I can confirm the clinics are indeed underway sooner rather than later.
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Post by bradleysbest on Jan 13, 2016 23:59:14 GMT -5
Any idea when one will be operating in the greater LA area?
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Post by dictatorsaurus on Jan 14, 2016 0:05:14 GMT -5
No idea. It looks like its going to kick off in the north east.
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Post by babaoriley on Jan 14, 2016 1:14:12 GMT -5
Right on Liane, stay tuned on this one. one of our own is very involved in this development. Spiro here, not doing cartwheels, but feeling a little better about things. Spiro, a little birdie told me that they have an (as of yet) undisclosed plan to focus sales efforts on small regional centers... and they got this idea from George Rho's article- I saw it there in print. Wasn't this your idea? We will have to make sure that Matt sends you all commissions on the sales in the Florida keys. Maybe we can send Baba down there as the 'enforcer'. I think we will have to see how much leverage Liane has with him now. But it may not take too much, he confessed to me liking sailing on small catamarans... Hobie cats I believe- I think he wants to get back into it, and start a charter operation down there near you know, Cuba... smuggling out old American car parts to keep the locals up and running. I can't even begin to picture myself on a Hobie Cat at this point! But the water down in South Florida is pretty warm, so maybe....
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Post by babaoriley on Jan 14, 2016 1:16:04 GMT -5
Any idea when one will be operating in the greater LA area? Geez, Brad, interesting thought, how 'bout one down near Langer's? Lots of potential patients in and around there.
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Post by afrezzamiracle on Jan 14, 2016 8:44:39 GMT -5
This is tremendous news! I hope to see these Afrezza script factories popping up on every street corner like Walgreens or Starbucks!
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Post by liane on Jan 14, 2016 8:55:46 GMT -5
An important distinction needs to be made right up front. When I first heard the idea of "Afrezza clinics", I cringed - that is something that definitely would not fly with the bodies that regulate medical delivery in this country. You have to consider the patient first, and that means considering all reasonable treatment options first. However, if you set up clinics to help people manage their diabetes from all aspects - that is a great and novel idea, and I think it could work well.
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Post by kball on Jan 14, 2016 9:31:19 GMT -5
New Jersey I'm wondering how they are going to be able to implement this on national basis. And how is this going to be low cost? Sorry for all the questions. This is a great idea but I'm not sure it'll be as easy and as low cost as Matt seems to think. Maybe put them in Dunkin Donuts to start
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Post by kball on Jan 14, 2016 9:39:52 GMT -5
So my good fortune relies upon a gutty lil Bruin.....Ughhhhhhh Took a few finance courses there in the 80's! Should have paid closer attention now that i think about it Also, it would seem a concurrent major DTC campaign would be needed to drive traffic to these clinics. Lots more money needed
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Post by mindovermatter on Jan 14, 2016 9:51:03 GMT -5
So my good fortune relies upon a gutty lil Bruin.....Ughhhhhhh Took a few finance courses there in the 80's! Should have paid closer attention now that i think about it Also, it would seem a concurrent major DTC campaign would be needed to drive traffic to these clinics. Lots more money needed Here's a thought. ADA wouldn't support Afrezza specific clinics. But would it support Diabetic Education training centers that just happen to show case Afrezza as one of various remedies? I think they would. Think about that.
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Post by esstan2001 on Jan 14, 2016 10:06:20 GMT -5
Spiro, a little birdie told me that they have an (as of yet) undisclosed plan to focus sales efforts on small regional centers... and they got this idea from George Rho's article- I saw it there in print. Wasn't this your idea? We will have to make sure that Matt sends you all commissions on the sales in the Florida keys. Maybe we can send Baba down there as the 'enforcer'. I think we will have to see how much leverage Liane has with him now. But it may not take too much, he confessed to me liking sailing on small catamarans... Hobie cats I believe- I think he wants to get back into it, and start a charter operation down there near you know, Cuba... smuggling out old American car parts to keep the locals up and running. I can't even begin to picture myself on a Hobie Cat at this point! But the water down in South Florida is pretty warm, so maybe.... You could call the operation, "O'Reiley Auto Parts" (NASDAQ: ORLY)
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Post by suebeeee1 on Jan 14, 2016 10:53:24 GMT -5
An important distinction needs to be made right up front. When I first heard the idea of "Afrezza clinics", I cringed - that is something that definitely would not fly with the bodies that regulate medical delivery in this country. You have to consider the patient first, and that means considering all reasonable treatment options first. However, if you set up clinics to help people manage their diabetes from all aspects - that is a great and novel idea, and I think it could work well. I'm all for offering options. As long as they ban Sanofi drugs.
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Post by dreamboatcruise on Jan 14, 2016 12:59:59 GMT -5
Rob was very close (and others I believe)... and I was very wrong apparently. I was the one stating that I couldn't believe they'd be able to get reimbursed for anything if they were blatantly pushing a drug that payers seem to be rejecting. I'm still baffled at how that will work, but I'm taking Matt at his word that it is going to happen... and eagerly waiting more details to get a handle on how replicable the model will be beyond whatever the initial locations are or whether there is something unique about them that overcomes the issue I see. Some is better than none, in any case. I won't state my source but I can confirm the clinics are indeed underway sooner rather than later. Can you shed any light on the financing issue... where does the money come from to staff these clinics? Do you know whether it is a model they plan to expand nationwide or simply a few key locations to get larger set of early adopters that will demonstrate more conclusively the clinical superiority of Afrezza?
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Post by oldfishtowner on Jan 14, 2016 14:25:18 GMT -5
So my good fortune relies upon a gutty lil Bruin.....Ughhhhhhh Took a few finance courses there in the 80's! Should have paid closer attention now that i think about it Also, it would seem a concurrent major DTC campaign would be needed to drive traffic to these clinics. Lots more money needed I thought the point of the Diabetes Care Centers was that there would be no cost to MNKD. If there is to be any DTC advertising it would be up to the urgent care center or the Diabetes Care Center to do this. It may be advantageous that MNKD has no monetary involvement since they may be able to advertise the results of their approach to diabetes care in ways that MNKD cannot. What is of more concern is if the Diabetes Care Center is considered a part of the urgent care center for insurance purposes, which insurance plans treat centers favorably and if the urgent care centers or the Diabetes Care Center can help get better treatment for Afrezza, especially if they intend to prescribe Afrezza early in the treatment cycle.
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