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Council for Tobacco Research

Bergen-Brunswig Plans Profit Shift American Druggist [St Describes Corporation's Objective to Increase Profit Contributions From Operations Other Than Drug Distribution]

Date: 07 Sep 1970
Length: 1 page
11314501A
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MUL;EMB

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11314459-4557
Related Documents:
Type
SCIENTIFIC ARTICLE
Named Person
Amer Druggist
Bergen Drug
Brunswig Drug
Computer Clearing Services
Martini, E.P., Bergen Brunswig
Staude, E.V., Bergen Brunswig
UCSF Legacy ID
lyg6aa00

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Bergen-Brunswig plans profit shift Bergen Brunswig Corp.'s "cor- porate objecti.•e is to increase profit contributions from ol7erations other than drug distribtltion t+, 50',; by the end of fiscal ly; 0, and to 7;';~ by fiscal 19i 5". This xva!, disclosed to stc~ckholcl- erS in the conlpany's financial re- port i>y E. V. titaude, chairman : and Enlil I-'. 1lartini. lr., hre.,iclent- Fiscal luTU ended last ta•eek. Aul;. 31. Before I;erren l.hur Co. and I3rllltswir I)rttg Co. merged in M arch ly()Q. the lnlsine,~, amt prt~fit source. uf l,tutll cottlpanies cti•ere largelt- in the ti-hole;ale drug fiel<l, lliv~ersificati,,tt, larf;rly since the merger, has bronght the crntllnnN closer tuwar+1 »•h,:t the report call, its "g<~al uf total invo,lvenlent in health sert-ices." Accluisitioms have been made in the metlical, hospital. and dental sl.t},~l,lN fields. in an interim report orl the Q nlnnth. ended Nla%- 31 of thi,; .ear, 'tlr. 'tiartini noted that 43 ::r of net income for the Jteric,cl "was f;ener- ateel 1>y crnn}ntter services and the nledical awl scientific 1>rrultlcts ai-itl serrice, tlivisions." Thi, 43';; of income, he saicl. "ti•as produced fronl about 1G rl( (if total revenues . . . "The cotnpanr expects these rlivi- sinn." tu increase their 1>ercental;e contribution to net income as the thrust <tf corporate tlet•elupmrw i, directed toward those areas of thr health services field which hroiluce profit nlargins higher than can be expected frcml,drnn tlistribntirm." Steady and stable: That Bergen Brunswig net•erthele~,,, exl>ects it~, wholesale drug ol>eration, to con- tintle as a lrtsic part Of it., inlsines~, is in<iicate<l, lty the comment in the annual report that "the distribution of drugs and related Itroultutt, has long been a steady and stable in- tltistrv ..~ 1t•itlt last vear's merger ~, the ntlnlber of l,harmacies hy I'>er- gen Brunswig ctrug clistrilrntiom centers have increased to more thaw. 10,000." In the ct>ntJnlter fielel, the coml- pam nrrterl, its "Til>tol>" and "Pares" conlputerizerl billing ser\- ice,, are offered to pharmacies di- rectly by Bergen and RrunSwi~: divisic» t~,, ancl 1,v franchi.e<1 dru;; wholesalers in other area~,. The comltany recently a1, en- teretl the prepaid prescril,tinn- clainls-handlinn field through a cap- ital participation agreement with Computer Clearing Sercice, Inc. which handles 1>rt,cessing for Paid Prescriptionr. New ventures in the c,inllntter field incltule : • PKN 1 Professional Itecorrrl- and Notation,>, a practice analy~i• and hilling service for dnctor., and nledical groups.  1)llS ( I )ental I )ata srstenl~, asinlilar service for the ciental hm, Hospitals need 10,000 MDs, 800 RxMen Ten thousand physicians . . . 200 dentists . . . 200 dental hygienists ... 2,700 clinical laboratory technol- rgists. . 900 dietitians . . . 39,400 registered ntlrve~, . . . 800 registered pharmacists . . . 500 pharmacN as- sistants and aides. That's how a shopping list of per- sonnel needed br the nation's hos- pitals might look, if they were to prepare such a list. On the basis of a 1969 Stlr.•er of Health ?tlanhower in Hospitals, the Bureau of Health Professions Edtl- cation & '.tlanl,oti•er Training of the !:. S. Public Health Service has come up with a detailed list of how many people are eml>lo}•ed by hos- pitals in each of ahmnt 70 types of jobs-and how many more people are needed in each category to staff the hospitals adedtlatelr. The stud_v was conducted by the Bltreau in collaboration with the American ~-losl~ital ssn and Na- tional Center for 'Health Statistics. 40 • iMornrehnp thr- fYews RxMen & aides: Accorcling to the stucly, the ntlnlber of re,;isterecl pharmacists employed in hospitals last vear was 13,600--of whom 9,A10 u•ere working full-time and 3,800, part-time. In addition, the stlrvey fonnei 9,900 "pharmacY assistants and aides". Of these, 7.300 were ftlil- tilue etnpicl}•ees, and 2,600 were part-timers. To hanclle all the pharmaceutical work that needs to be done, the re- port sars. hospitals would neecl 800 more registered pharmacists and 500 more hharmacy assistants. Of the 900 pharmacists, (i00 are acttlatly accottntecl for in the hoslsi- tals' budgets-hut the jobs are sinl- ply vacant. The other 200 represent pharmacists who are needed but are not lmdgetecl fttr. The vacant Ilharnlacy assistant jtth1 i>reak down into 300 that are lfatrlg(•tetl for, and 200 that are not. The following table shows how the pharmacy entplo}•ment and jolh vacancy situation compares with that for other'categories of hospital eml>loyees: r.,^oe '..~:r . Interns, residents 55,000 4,100 1,100 Other MDs .... 58,200 2,700 2,100 Dentists ..... . . 5,800 10C 100 Denial Hygienists 500 100 100 Dieticians ...... 12,700 700 200 Registered nurses 461,100 32,300 7,100 Practical nurses . 205,100 15,300 3,900 Nursing aides .. 568,500 16,800 9,200 X•ray techs .... 31,100 1,300 500 Occup therapists 5,400 600 300 Phys, therapists . 13,600 1,300 300 Hosp. adminis. . 17,200 50D 100 Massengill gives $I0M to U of Tenn Rx school The l'niversity of Tennc~,.e(, Schoitl i>f 1'hartllacv hrt: received a $10,O00 grant in-aitl frnnl S. 1". :1lassenhill Cu. U ~ AMERICAN DRUC>CtST • $eDie'm'b'e• 7, te.'i~

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