Home Dialyzors United Partnership with CVS: Economic Opportunity

1094 words (4 pages) Business Assignment

12th Jun 2020 Business Assignment Reference this

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The main thrust of this paper comes from my affiliation with HDU or Home Dialyzors United and its upcoming partnership with drugstore chain CVS. The principle activity of Home Dialyzors United is to speak to the home dialyzer and to give them a voice in administrative issues that influence the nature of wellbeing and life. HDU can significantly improve the whole dialysis network for both in center and at home dialysis patients who are involved in any association with CVS.

The drug store chain CVS declared in via a press release that they are in the process of a new initiative that spotlights chronic kidney problems and dialysis. CVS perceived the requirement for enhancements to home dialysis in a public statement back in April of 2018. CVS comprehends the requirement for more, increasingly frequent dialysis for better results and lower death rates. They see the requirement for simpler access to treatments with easy to use machines that can fit into an individual’s life effectively.

“CVS Health (NYSE: CVS) today announced a new initiative focused on chronic kidney disease and dialysis, which builds upon the company’s focus on driving innovation in the management of chronic disease to help improve patient health outcomes while managing costs. This new program will focus on early identification of kidney disease and expansion of home dialysis in order to optimize care for patients with chronic kidney disease. CVS Health’s unique enterprise assets along with the company’s introduction of a truly innovative new home hemodialysis technology, position the company as a positive disruptor in the field with the ability to help reshape and redefine the kidney care space” (CVS health, 2019).

CVS has 9,800 stores in America and Puerto Rico and Brazil, a significant number of which are open 24 hours per day. This makes them effectively available and helpful to home dialyzers, particularly to those individuals that they are in the midst of a vacation or away on a work excursion. This opens up a completely new world for some with chronic kidney problems. This additionally facilitates and helps ease the weight of dialysis treatment centers focuses, as they will never again need to make space for a dialyzer that needs to travel.

Home Dialyzors United is a non-benefit/profit that is devoted to engaging the patient. They are in charge of requesting CMS and expanding payment installments for training home dialyzers. They have driven the defeat of the MACS to restrain the quantity of treatments performed at home to 3 times each week. HDU speaks to thousands of home dialyzers and is committed to training, advocacy, and strengthening of the person as well as associations and medical experts. HDU is supported by an advisory board that is includes some of the main experts inside the kidney network and community, (HDU, 2019).

CVS and HDU Outcomes

A union between HDU and CVS would be useful to both. On the organizational level especially, HDU will bring all the aptitude of both veteran home dialyzers and experts from their advisory board. HDU will work in a cautionary position to CVS which can counteract the entanglements that the huge dialysis associations have fallen into which has caused an attrition rate between twenty to sixty percent. HDU will lead a three-year inquiry on hindrances to home dialysis and the irregularities observed by patients. This will satisfy both the necessities of CVS and the CMS prerequisite of patient fulfillment and satisfaction. HDU would give CVS the skill it needs to be seen as a confided dialysis supplier. HDU would see an increase monetary help from CVS and benefit from the prompt acknowledgment of the CVS name.

On other levels, CVS will almost certainly offer instruction and preparation as planned by HDU that is very adaptable to the individual need. This will profit both the requirements of the offices that would supervise the dialysis part of CVS as well as the corporate need to safeguard with the whole undertaking is being upheld by devoted and knowledgeable experts. The disadvantages are that not every person can perform self-treatment. They need the desire and the capacity to do so. The capacity would incorporate sound personality, inspiration, activity, aptitude and vision just as well as a sound psychological capacity. This is the reason many are not ready to perform home treatment, (DaVita, 2018).

CVS could later on help focus on treatments that are performed to closely resemble home treatments as a future development onto their dialysis venture. Over half of nephrologists believe that home hemodialysis is the suggested treatment. Over sixty percent of Nephrologist accept that the home dialysis is totally under-used and should be recommended more often. One of the more obscure and unknown variables is the reason it is not being recommended and why it is not being mentioned and requested by patients. The three-year study would be utilized to decide why there are not progressively more home dialyzers and how to pull in more self-care clients to the program. Another unknown is the contamination and death rate of home dialyzers. Something that it is not followed by CMS which might be a motivation as to why more patients don’t pick self-treatment or why more nephrologists don’t suggest home dialysis, (ABC, 2019).

The only clash that can be expected right now would be from huge dialysis suppliers. For example, Fresenius or DaVita because of their history as the main two principle dialysis suppliers. They may not be eager to see another proposition on the horizon that would offer a superior option in contrast to what as of now offered by their organizations.

References

  • ABC, (2019). Home Dialysis Proves Tricky. Retrieved July 17, 2019 from https://abcnews.go.com/Health/choosing-home-dialysis-proves-tricky
  • CVS Health, (2019). CVS Health Announces Plans to Focus on Kidney Care and Dialysis Treatment. Retrieved July 17, 2019 from https://cvshealth.com/newsroom/press-releases/cvs-health-announces-plans-focus-kidney-care-and-dialysis-treatment
  • DaVita, (2019). Requirements for Home Dialysis. Retrieved July 17, 2019 from https://www.davita.com/treatment-services/home-dialysis/patient-requirements-for-home-dialysis
  • HDU, (2019). Home Dialyzors United Our Day, Our Way. Retrieved July 17, 2019 from https://homedialyzorsunited.org/

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