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TWEETORIAL: In honor of @zackcooperYale pointing out some COI’s & biases in @ACEPAdvocacy past presidents, it’s only fair we extend the courtesy to Healthcare economists & the media
1/ we already know @LorenAdler works for Schaeffer Center for Health Policy & Economics, started by former Wellpoint CEO. Won’t even mention Wellpoint Owner Anthem made $5 billion in Net income (5x more than Envision owner KKR, BTW)
2/ and that @zackcooperYale ‘s paper on BB received grants from @NIHCMfoundation , whose foundation is funded by health insurance companies (here’s a link to their HI exec board) nihcm.org/about-us/board…
3/ but did you know, they also received grants from the LAFJ foundation? Aka @JohnArnoldFndtn statnews.com/2019/11/26/lau…
4/ had to screenshot this one, b/c original Tweet somehow erased. @C_Garthwaite makes a good point
5/ now this doesn’t make data less true, but as anyone in medicine can tell you, data can tell you anything you want if you present it right. See, every big Pharma-led study ever (looking at you, Alteplase, Tamiflu)
6/ It’s not just researchers who get in the bias game...media does it too
7/ we all know this article
8/ ever wonder who funds @KHNews ? Why the @KFF of course...and BlueShield of California Foundation
9/ and who helps fund @kff? Why @JohnArnoldFndtn, of couse
10/ wait what? @khnews receives funding from Insurance Company & @JohnArnoldFndtn? Interesting how every one has an angle in this Balance Billing debate, no?
11/ hey here’s a fun COI...connect the dots
12/ check out the grant 😏
13/ also interesting fact...@JohnArnoldFndtn is started by John Arnold. Who owns a hedge fund/Private Equity group (founded by Enron). So I guess you could say...the push for Benchmarking is being led by Private Equity? 🤔en.m.wikipedia.org/wiki/John_D._A…
14/ even better...PE being led by former Enron Traders..so I guess, using Twittelogic implied earlier by @zackcooper... Benchmarking solution to BB is being funded by the largest Ponzi scheme ever pulled theatlantic.com/magazine/archi…
15/ also interesting to note that @SenAlexander & @SenateGOP would want to listen to economists backed by @JohnArnoldFndtn , but hey, way to keep an open mind
16/ now a lot of this is tongue and cheek, but the truth of matter is that @BrookingsEcon @KHNews @ACEPAdvocacy all have their own agenda. There are huge COI in all the Surprise Billing debate, but #EconTwitter for Benchmarking is just as culpable in COI as @EmergencyDocs
17/ keep that in mind whenever you see a Tweet knocking doctors for being pawns of PE -FIN
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