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Affordable Care Act provision doesn't fit healthcare puzzle
WHAT IT MEANS AND WHY IT'S IMPORTANT — If the ultimate goal of the Affordable Care Act is to save money and expand patient care, then making patients visit their physicians and get prescriptions just to get reimbursed for over-the-counter medications — which wastes money, as well as the time of physicians, a precious commodity when the country is set to have a shortage of them — makes no sense.
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Biggest news to take note of? MinuteClinic's continued growth
WHAT IT MEANS AND WHY IT'S IMPORTANT — One very quiet bit of news worthy of a bit more attention: MinuteClinic is up to 645 clinics. Clinic revenues were up more than 15% during the quarter, and the company expects MinuteClinic will break even as planned by the end of the year. That's important because the third quarter isn't exactly a big cold-and-flu month, which means that patients are starting to use clinics for more than just sick care. Third quarter is back to school, which suggests the clinics likely were busier doing other things, such as vaccinations and physicals.