Discover and read the best of Twitter Threads about #KICKBACKS
Most recents (6)
a 🧵 In prep 4 today's 1pm @SenateHELP hearing on making #insulin affordable.
On graph: list price is roughly = net price (what pharma collects) + "rebates"/fees collected by Pharmacy Benefit Managers (#PBM) .
According 2 a 2021 @SenFinance "rebates" alone accounted for… twitter.com/i/web/status/1…
On graph: list price is roughly = net price (what pharma collects) + "rebates"/fees collected by Pharmacy Benefit Managers (#PBM) .
According 2 a 2021 @SenFinance "rebates" alone accounted for… twitter.com/i/web/status/1…
@SenateHELP @SenFinance @BernieSanders @SenBillCassidy @BoesingLoretta @NSmithholt12 @Free2CareHC @MsPattiPatti @nickjonas @tomhanks @VWOfficial @alldiabetesnews 2. With #PBM making most of the $ In the Insulin market (and for other meds) it's wild that there is little #transparency for PBM.
All of the red ovals show places where we cant see the $
Pic from our @Free2CareHC report: free2care.org/files/report.p…
All of the red ovals show places where we cant see the $
Pic from our @Free2CareHC report: free2care.org/files/report.p…
3. If @SenateDems and @SenateGOP and @USCongress and @POTUS want to remedy the cost of Insulin and other drugs, hopefully they won't make the same mistake they did with the Inflation reduction act, "USA will NEVER solve the drug pricing problem without PBM reform – and instead… twitter.com/i/web/status/1…
🧵Re baby formula #shortages:
@PressSec us pediatricians cannot conjure up baby formula.
We will do whatever we can to help our patients but you and @POTUS need to own the colossal supply chain mess that now threatens babies.
@PressSec us pediatricians cannot conjure up baby formula.
We will do whatever we can to help our patients but you and @POTUS need to own the colossal supply chain mess that now threatens babies.
@PressSec @POTUS @RogerMarshallMD @RepKimSchrier @MartyMakary @Rosemary100 @ab_peds @MedscapePeds 🧵While hospitals have been better at purchasing and distributing less formula, in an effort to encourage #breastfeeding , they still distribute a LOT of formula . Love to know how much @ahahospitals
🧵As for how baby formula and other supplies get into nursing homes, learn about #GPO, medtwitter !
GPO control supplies of the hospitals in 🇺🇸 including masks, drugs, medical devices, solutions, and.....
@CourierTimes @SenBlumenthal @ChuckGrassley
theintell.com/story/opinion/…
GPO control supplies of the hospitals in 🇺🇸 including masks, drugs, medical devices, solutions, and.....
@CourierTimes @SenBlumenthal @ChuckGrassley
theintell.com/story/opinion/…
a 🧵Who has interest in #PBMs?
The AMA Foundation has a corporate donors circle that gives them 💵
Here is a pic of the 2018 donors.
Highlighted companies are or own PBM
Pink asterisks are large lobby groups (as is the AMA)
Purple dots are of interest
ama-assn.org/system/files/2…
The AMA Foundation has a corporate donors circle that gives them 💵
Here is a pic of the 2018 donors.
Highlighted companies are or own PBM
Pink asterisks are large lobby groups (as is the AMA)
Purple dots are of interest
ama-assn.org/system/files/2…
2/5 🧵Here's a list of grants received by AMA... Why does our government... @CMSGov give the AMA over $500,000 💵 in a year to"transform clinical practices"?
How's that transformation going?
(and why should AMA be able to lobby a government that gives them 💵?)
How's that transformation going?
(and why should AMA be able to lobby a government that gives them 💵?)
3/5 🧵Looks 👀to me as though the alliance of health policy has a fancy dinner and sponsors an event with AMA, also sponsored by Pharma, Insurance companies and big hospital system ascension.
Did we get that wrong?
More about the alliance of health policy....
Did we get that wrong?
More about the alliance of health policy....
@thedailybeast The Affordable Insulin Now Act “ does not lower the price of insulin by one penny,” said @LloydDoggettTX
He's right.
It's a cap on the copay only.
Americans, including the uninsured will STILL pay 800% more than they should for insulin and many other drugs.
🧵1/6
He's right.
It's a cap on the copay only.
Americans, including the uninsured will STILL pay 800% more than they should for insulin and many other drugs.
🧵1/6
@thedailybeast @LloydDoggettTX 🧵2/6 👀who the profiteers are in the Insulin Cartel
Net price is approx what the big 3 manufacturers pull in.
List price= net price + 💵 #PBM make
PBM are responsible for lion's share of cost of insulin, which will not ⬇️ with this bill.
Uninsured will still pay 800% ⬆️ BOO!
Net price is approx what the big 3 manufacturers pull in.
List price= net price + 💵 #PBM make
PBM are responsible for lion's share of cost of insulin, which will not ⬇️ with this bill.
Uninsured will still pay 800% ⬆️ BOO!
@thedailybeast @LloydDoggettTX 🧵3/6 The 3 @PhRMA companies making most of the insulin also profiteering... it cost about $6 to make and they charge $50...They became the big 3 because the #PBM can legally collect #kickbacks. These co bought their way onto PBM controlled formulary buckscountycouriertimes.com/story/opinion/…
INVESTIGATION: Kickbacks for Referrals: How Nigerian doctors, hospitals, diagnostic centres are defrauding patients bit.ly/32uaWxw
Our investigation uncovered the rotten underbelly of a sector where the rules are made by the profiteering owners of diagnostics centres & physicians, who without remorse, steal from their patients in blatant violation of the Code of Medical Ethics. bit.ly/32uaWxw
Two of the diagnostic centres even made our reporter @nicholasibekwe sign “memorandum of understanding” to pay him a kickback which is described with deodorised terms like “B2B prices, mutually beneficial partnership, hourly rate and physician fee”. bit.ly/32uaWxw
#TRIBECON begins #Pravara; felicitations to #AbhayBang @SearchGad & #sudarshan #VGKK for their inspiring work on #TribalHealth; @DrLahariya @whoindia among others felicitated
#abhayBang #healthsystem design for tribal communities need to be relooked for #UHC; strategies & schemes must adapt with local social & cultural context; recollects #Brainstorming with @DesirajuKeshav at @SearchGad leading to #ExpertCommittee #tribalhealth @TribalHealthIND
#TRIBECON #AbhayBang notes with happiness increasing interest in #tribalhealth research, yet this continues to be “off the beaten path”; congratulations to #pravara medical college in bringing this together; the proposed #Bandardhara declaration to improve #tribalhealth research
