Mark Cuban

Dunking on the pharma industry with @costplusdrugs.com, the lowest prices on meds anywhere. check it out !

[Mark Cuban @mcuban]

Just found the old list of patents out IP lawyers for Broadcast com were going to file but never got around to under Yahoo. Not saying they all would have been granted, but if you ever need prior art in this area, here you go lol.

Potential https://t.co/11YZmkx5es Patent Applications
January 4, 1999

1. Geographic IP Identification

Technique for pin-pointing the geographic location of a static IP device by triangulating routes taken by IP packets and building a database of IP addresses and DNS names.

2. Hybrid Networks

A commercial network of unicast and multicast enabled networks that terminates at a single point and which enables digital content to be distributed in a one-to-many fashion across multiple networks from a single initiation point.

3. Multi-Network Multicast

A commercial network of multicast enabled networks that terminates at a single point and which enables digital content to be distributed in a one-to-many fashion across multiple networks from a single initiation point.

4. Reverse Auction

Online auction mechanism in which a buyer who desires to purchase goods defines that desire, along with a maximum price that s/he will pay.  Potential sellers then respond by offering their goods at  a price below any previous bidders and at or below the designated maximum price.

5. Audio Ad Delivery

Software techniques for parsing files served by web server and acting upon text to perform functions such as audio ad rotation and synchronized audio ad/pop-up URL scripting.

6. Web Server Reporting System

Software techniques for reporting on very large web server of files across multiple web servers in order to comply with industry-standard web server reporting practices.
7. Commerce Payment Gateway Integration

Modular software routines for interfacing with a variety of payment getaway vendors (e.g. Mpact, Cybersource) for pay-per-view/listen and for traditional e-commerce.

8. Streaming Server Parsing And Reporting

Software techniques for reporting on very large streaming server log files across hundreds of streaming servers.

9. Streaming Authentication System

Custom database and related Software routines that extend RealAudio's 5.x implementation of user and player authentication.

10. Web Page Generation System

Set of databases and scripts for automatically generating website sections such as CD Jukebox, Radio Stations, AudioBooks, etc.

11. Live Events Management System

Custom data base and web-based system for managing daily events by collecting data on each event and "publishing" collected data to various groups as needed.

12. Automatic Content Promotion

Set of scripts that run against live event databases and generate files for publishing to Yahoo!, Real Networks, and CMP.

13. Telephony-Based Content Publication

System that allows people to call into a voice-mailbox and leave messages which are then automatically encoded into multimedia content and hosted on a website.

[Mark Cuban @mcuban]

@VealeSpencer Maybe in aggregate. Not for high end hospitals or specialists.

[Mark Cuban @mcuban]

When you talked to Virginia Mason and UW Medical, curious what they said about how M4A would impact them and their care for residents of the state of Washington

Can you share with us what they said ?

Have you dynamically modeled the impact of M4A on leading Washington state hospitals and their patients ?

Have you done any work on whether Direct Contracting is the way to go to reduce OOP costs for patients and employers ?

Just trying to learn more. TIA !

[Rep. Pramila Jayapal @RepJayapal]

For individuals buying their own private health insurance plans in Washington, premiums have increased by over 22% for 2027.

This is outrageous and does not even include the potentially high deductibles, copays, or out-of-network costs. We need Medicare for All.
https://t.co/lnHCKn1t3M

[Mark Cuban @mcuban]

@WUndercurrent I did read it. Every page of it. He creates more questions than answers. As he should.

He says there are a lot of questions that need to be settled before anything can happen. And he is right

[Mark Cuban @mcuban]

@cchildersmd Have there been discussion with UW Medical and any of the Medicare for all proponents ?

Or has UW reached out with any suggestions or recommendations?

.

[Mark Cuban @mcuban]

@flyingrainbow69 Where can I find them ? Have they brought in the high end hospitals into the discussion ?

[Mark Cuban @mcuban]

@jasonrantz This has nothing to do with her policies.

[Naji Marshall @marshall_naji8]

Pull up on meeeeeee

[Tristan Jass @TristanJass]

I want to publicly thank @KyrieIrving. Just 3 months after having a brain tumor removed from my brain, he let me join him for a pregame workout during my first time back on the basketball court. A moment I’ll never forget! 🤞

[Ron DeSantis @RonDeSantis]

Good to see PBMs being held accountable for violating Florida law!

[KP, Pharm.D. @kpharmd12]

So David Joyner at @CVSHealth has stated multiple times that independent pharmacies are actually paid MORE than they pay their own pharmacies.

He’s obviously full of shit.

Just ran a drug plan comparison on Medicare for 30 tablets of bupropion xl 150mg.

Independent pharmacies are paid $4.49

Discount Drug Mart is paid $4.49

Kroger is paid $4.49

Walmart is paid $11.92

CVS IS PAID $32.53

This is through their @SilverScriptPDP Medicare Part D plan.

Get out of here with your bullshit, David Joyner.

[Nick Lease @Benefitsguynick]

I went line by line through a health insurance contract today.

Then I called the insurance company to clarify a few things.

Their representative gave me answers that directly contradicted the language in their own contract.

Use that information as you see fit.

[Mark Cuban @mcuban]

@SandhuJonathan Then you should probably ask nicely and give him a well thought out reason to work with you.

It's not my job to do what you want. That's your job Jonathan

[Mark Cuban @mcuban]

Anyone else have this issue with BCBS California ?

[James Petigru @JamesPetigru]

@mcuban @HotAisle Have a problem with Blue California. They classify a visit to a doctor’s office as an outpatient facility because it’s on the Cedars campus, even though my contract defines outpatient facility to exclude where a doctor regularly sees patients.

CA DMHC won’t investigate.

[Mark Cuban @mcuban]

I'm not trying to spend taxpayer money. Im not initiating legislation.

Both of those things impact me, my family and a lot of people in this country. They should be questions. Always

The process of coming up with alternatives, that I finance, in an effort to change things, like with CostPlusDrugs com and https://t.co/WgRSm7lM7X and our manufacturing, etc , take time to work through.

Truet the process 💯

[Mark Cuban @mcuban]

@kevinmcguirejr You don’t carve out anyone. You make the plans you offer all your employees less valuable and more expensive. That impacts the sickest employees the most.

Just like deductibles and max OOP going up hurt sick employees the most

[Mark Cuban @mcuban]

If you own a company that is struggling with the cost of care, from the corporate side and the employee side, and a public option becomes available, do you keep your healthiest employees on your plan, and push/pay your sickest employees to take the public option? Or not.

[MLBeFUN @MLBeFUN1]

Cuban, you've been in the healthcare game a very short amount of time. Please, I beg of you, shut the fuck up! America needs a public option.

[Mark Cuban @mcuban]

Here you go Matt. You wouldn’t “dump” as I. Kick someone off your plan and tell them to use the public option.

You wouldn’t create alternative plans that make it a no brainer for those who need expensive care to move to the public option.

You may raise deductibles. You may go to HDHP only. Or ICHRA. There will be new plans developed by the carriers to do this specifically

You know the carriers that make it so fewer people signed up for their MA or ACA plans, because the margins were not high enough

Anything that can be abused by the big carriers and employers to save money , will be

[Mark Cuban @mcuban]

We regulate pricing too. Not the issue. The issue is why haven’t the m4a advocates worked with the most advanced and highest quality hospitals and other outlets to determine what would allow them to continue to offer the highest quality care on the world.

Or would you prefer they stop offering anything that costs more to deliver than Medicare pays ?

Mexico is in the process of moving to universal care. They segregated what is free from top of the line care.

Would you consider them a peer nation ?

Ideology is not a strategy

[Mark Cuban @mcuban]

@TopherSpiro https://t.co/0SPL3z4ELa

[Mark Cuban @mcuban]

When you talked to Virginia Mason and UW Medical, curious what they said about how M4A would impact them and their care for residents of the state of Washington

Can you share with us what they said ?

Have you dynamically modeled the impact of M4A on leading Washington state hospitals and their patients ?

Have you done any work on whether Direct Contracting is the way to go to reduce OOP costs for patients and employers ?

Just trying to learn more. TIA !

[Mark Cuban @mcuban]

@andrewchenb If 15 pct of a higher number makes your company more money, you push premiums up to get to that bigger number.

The issue is incentives are not aligned with patients or employers.

Hospitals can have the same issue, but at least their doctors do something of value