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…
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 💵?)
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....
🧵4/7 Here is the alliance of health policy, a 30 year old company: allhealthpolicy.org/about-us/board… The chair is a lawyer who cut his teeth at CMS and in the hospital admin circles as well as OMB.
We decided to expand the thread to 7, cause we found more juicy tidbits.
🧵5/7 More on Alliance of Health Policy
They look to have great congressional and press contacts with MAJOR media outlets, besides a cozy relationship with AMA (deets above) .
🤔🤨 Is this part of why many physicians feel beat up by the press?
@RobertKennedyJr
Patients, through no fault of their own, suffer with over 7000 rare diseases .
Parents, partners, siblings, friends of rare disease patients
know that @PhRMA is needed for innovative meds.
There is even a disease called Kennedy Disease. rarediseases.org/rare-diseases/…
Check out the fortune 500.fortune.com/fortune500/
You don't get a Pharma company till #35, and J and J is top dog cause diversified with bandages and devices.
Next pharma co comes in at 64.
But you know who IS on fortune 500 top 10?
CVS in the top 10 of Fortune 500 @FortuneMagazine
CVS : 60% of it's revenue from it's #pbm
PBM= pharmacy benefit manager.
Optum, a PBM owned by @UHC also In the top 10 of Fortune 500
Remarkable info about PBM here from PPA board member @mass_marionmedpagetoday.com/publichealthpo…