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Florida is the State with the Highest Number of Type 2 Diabetics Who Have Prescription Drug Coverage but are Currently Untreated
2008-08-11 07:00:00
Florida is the State with the Highest Number of Type 2 Diabetics Who Have Prescription Drug Coverage but are Currently Untreated
Decision Resources Introduces the Only Healthcare Analytics Tool that
Assesses the Number of Insured Patients Who Have a Specific Disease, but
Are Untreated
WALTHAM, Mass., Aug. 11 /EMWNews/ -- Decision Resources, one of the
world's leading research and advisory firms focusing on pharmaceutical and
healthcare issues, finds that Florida has the highest number of untreated
people with type 2 diabetes who also have prescription (Rx) drug coverage.
This type of information is invaluable to pharmaceutical companies who are
challenged to pinpoint the areas of greatest need for their drugs.
The new analytic tool from Decision Resources entitled PatientFinder:
Type 2 Diabetes also reveals that West Virginia and Maine have the highest
type 2 diabetes prevalence as a percent of their population. The report
also finds that California has the absolute largest number of untreated
patients (455,000) in part because it has the largest overall population.
But the fact that California has a lower percentage of its population with
Rx drug coverage means that the overall opportunity for market expansion in
this state is less than in other, smaller states.
Why Pharmaceutical Companies Need this Information
With the type of information included in PatientFinder, pharmaceutical
organizations can identify the local markets that offer the greatest
opportunity for their branded drug. Companies can identify markets that are
underserved and determine if they should increase direct-to-consumer
advertising, work with the local managed care organizations to increase
awareness of the disease and benefits of their drug or align sales
representatives to maximize market potential.
About PatientFinder
PatientFinder is the only healthcare analytics tool that assesses local
markets for expansion opportunity by determining the number of insured
patients in each territory who have the disease but are untreated.
PatientFinder covers each of the 50 U.S. states and 318 U.S. metropolitan
statistical areas (MSAs) and provides:
-- Disease-specific prevalence numbers for each U.S. state and MSA
-- Examination of treatment rates for the disease population to create
percent treated and percent untreated estimates by state and MSA
-- Unique analysis of the untreated population examined through a
filter of Rx benefit coverage. The end result is an estimate of how many
patients are untreated but can afford therapy within each territory -- the
true local measure of opportunity for pharmaceutical companies
About Decision Resources
Decision Resources (http://www.decisionresources.com) is a world leader
in market research publications, advisory services and consulting designed
to help clients shape strategy, allocate resources, and master their chosen
markets. Decision Resources is a Decision Resources, Inc. company.
All company, brand, or product names contained in this document may be
trademarks or registered trademarks of their respective holders.
For more information, contact:
Elizabeth Marshall
Decision Resources
781-296-2563
[email protected]
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