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A medical practice can be a very hectic and stressful place. It is only natural for someone to feel very overwhelmed in that kind of environment. Whether it is the patients or the emp

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

loyees and doctors, the stress can begin to be too much. With so many new technological innovations, and inventions in the health care industry, shouldn’t there be something to help e

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ase the stress and provide a better atmosphere for both the employee and the patient? Well, there is. It is all about managing time and records in order to ensure that everyone is kep

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

t happy. The solution for this problem: medical practice management software. Just like cell phones for the common person, it will be something that no one in the industry will be rea

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

dy to give up. Some day it will be so common that every practice will have it and wonder how “they ever would have lived without it.”

If I got a dollar every time I heard that phrase

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

I'd be, well, rich. It's very true though, whether it be a cell phone, car, pager, or iPod, there are many things that we don't know how we ever did live without. Our lives are const

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

antly becoming a little more simplified and a little less stressful. Wait, that last sentence can't be true. Even though our lives have become more simplified, they undeniably have no

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

t become a little less stressful. Lets look a little closer at this:

Everybody has important things they need to get done daily. How many times have you heard someone say, "I shouldn

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

't be resting right now, I've got so many things I need to get done." Yet, even though we say that, we always seem to find time for a little rest, because frankly if we didn't, there

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

would probably be a few more people going crazy out there. The point is, there is always something that needs to get done, so whether technology allows us to simplify one task or not,

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

we will still need to get something else done. Now I'm not saying that it is a bad thing, we all become more efficient and happier. We will also be able to use that time on more fulf

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

illing "stuff."

Any medical practice has a huge amount of information that it should store on record and trying to keep it in a secure location and tracking it later on is continuall

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

y becoming a more difficult thing to do. A patient's medical record or billing information must be kept on record and stored away so that they become trouble-free to retrieve when nee

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ded. I'm sure you just love to hear that classic phone music as you wait on the line Now you know why the health care industry should make a big push on transferring their practice ma

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

nagement paperwork and medical records over from a paper format to the digital and electronic world

It really would be beneficial for any medical practice to start using emr software

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

and medical billing software. Unfortunately, not much progress has been made, especially when comparing it to, say, the banking industry. They spend much more of their revenue on imp

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

lementing electronic records into their industry.

Now, going back to spending more time with your "stuff" example, think of how much nicer it would be if a medical staff could spend

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

more of their time interacting and helping patients, instead of wasting precious time finding and filing and transferring paper records.

If the staff of a medical practice spends mor

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

e time remembering patients' data instead of interacting and providing help to patients, then something can and should be done in order to help patients become more comfortable by giv

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

ing them more attention from the medical staff. Wouldn't it be wonderful if a medical practice spent more time worrying about patients' well-being instead of their billing information

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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A summary of business plan basics you need to consider and incorporate into your plan: executive summary, mission and vision statements, company description, products and services.

Many years ago I had a friend who was extremely intelligent, had a photographic memory, and finished university with top marks in business administration. He had all the credentials to get a great job. So what happened?

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