Husband, dad, lefty. South Philly soul in the burbs. CTO @primerx_io. Past lives include @wayfair @cleardatacloud @ntirety @hostmysite @boysetsfire302.
What's a GCR ? Its when the distributor the pharmacy buys meds from, requires them to buy 70%+ of their generics from them. The distributors do this because PBMs wont let distributors buy at the same net price that PBMs get after fees and rebates. Which means they make just a few points on brands. So they have to make all their money on generics. So they force pharmacies to buy 70pct of their generics from them at inflated prices
This is another reason I’m proud to be part of @PrimeRx_io, supporting thousands of independent pharmacies and pharmacists who put patient care first - often at a significant loss.
I asked the CVS Caremark CEO how much he’s charging for a $16 drug for multiple sclerosis.
Answer: $6,229.
Yeah, that‘s a 38,000% markup from this Fortune 10 PBM.
@NeilHUSA@BernieSanders WIC, SNAP, CFPCGP, CACFP, SFSP, school breakfast and lunch programs, meals on wheels, emergency food assistance program to name a few. Just sayin dude.
Watching Groundhog Day (getting ready) and just got to “It’s going to be cold, it’s going to be grey..” and my mind immediately starts screaming “My discontent! For the vile and the wretched!” Hi @shaihulud!
Time and again I’ve found this simple, brilliant lesson to be true. Be the wide angle lens. Put the team’s work into a broader context. You’ll be amazed at what teams can do when you unleash the power of “why”.
@jeremy_daly That second call where the 2 Texans ran into one another trying to avoid hitting Mahomes was ridiculous. Once he becomes a runner, he’s a runner.