Parasitic middlemen and others within the healthcare business are gouging sufferers who can’t afford live-saving drugs.
Dr. Alex Oshmyansky of The Mark Cuban Cost Plus Drug Company teaches us who they’re (oh sure, we title names) and the way we are able to struggle again to make meds reasonably priced once more. A must-watch for sufferers and caregivers scuffling with the excessive value of pharmaceuticals. Here’s our prior interview with Alex from 2021.
Dr. Alex Oshmyansky is the Founder and CEO of the Mark Cuban Value Plus Drug Firm. He graduated from the College of Colorado at Boulder on the age of 18 with a BA in Biochemistry. He went on to earn an MD on the Duke College Faculty of Medication and a PhD at Oxford College in Arithmetic as a Marshall Scholar. Alex accomplished a surgical internship on the Brigham and Girls’s Hospital / Harvard Medical Faculty. He went on to a residency in diagnostic radiology and a fellowship in pediatric radiology on the Johns Hopkins Hospital. Alex then served as an adjunct school member on the Stanford College Faculty of Medication and continues to observe as an emergency radiologist.
Subjects & Timecodes
2:08 About Alex, the inspiration for Value Plus Medicine
9:34 Why medication value a lot, worth gouging, parasitic middlemen (PBMs)
18:23 Who in the end suffers?
25:29 Breaking the system, worth transparency, the issue with “reductions”
31:18 Financing this mannequin, negotiating instantly with drug producers, Mark Cuban, easy pricing
38:55 How suppliers can prescribe utilizing costplusdrugs.com
42:12 Employer incentives, the Well being 3.0 imaginative and prescient, constructing a brand new (much less corrupt) system
51:06 Main care, concierge care, significance of preventative care
1:07:03 Med expiration dates, working with Mark Cuban
1:11:52 Discovering a way of goal (each personally & inside your group), founder stress & burnout
1:20:30 Remaining ideas