US BEACON

Independent medical claims compliance & cost containment | Detecting fraud, waste & abuse | 30-40% avg. savings | Less than 0.25% appeals

[US BEACON @us_beacon]

Our very own @kcarle_kim discusses payment integrity in medical claims with @RelentlesHealth you do not want to miss!
https://t.co/FhIXY8tJg7
#HealthcareReform #healthcarecrisis #claimsintegrity

[Mark Cuban @mcuban]

Since @costplusdrugs was listed on TrumpRx on May 18, we have implemented price reductions on 90 products as part of our regular weekly pricing review process.

We expect these price cuts will continue as our volumes grow

[Mary Talley Bowden MD @MaryBowdenMD]

It’s curious to me why the largest - and presumably greatest - children’s hospital in the world is not up to date in the latest advances in pediatric brain injury. And why doesn’t @TexasChildrens have hyperbaric oxygen therapy?

[Mark Cuban @mcuban]

Yup. @costplusdrugs
https://t.co/ePkdlO5FhR

[Noah Kaufman, MD @noahkaufmanmd]

After 20 years in emergency medicine, I realized patients weren’t just suffering physically.

They were suffering financially from the system itself.

I couldn’t keep participating in that.

So I built something different.

KaufCare.

[Mark Cuban @mcuban]

First step is to require any hospitals that enjoy Non Profit Tax Benefits, to publish monthly all of their actual General Ledger transactions and invoices.

You are non profit. You are being subsidized and often funded by taxpayers. We are your stakeholders, along with patients. There ain't a damn economic thing that you can't show.

And no, Medicare Cost Reports are not comprehensive accounting reports.. They are pretty much useless for this.

Second step is to make all NDAs and Confidentiality Agreements for any financial healthcare agreement, illegal

It's beyond insane that US Senators, and POTUS, can't see what the federal government is paying for medications being provided through TriCare.

With these sources of data, then, and pretty much only then, could proponents of M4A begin to figure out a plan

[US BEACON @us_beacon]

@mcuban @Cernovich YES!!!!

[Mark Cuban @mcuban]

Capitalism is the solution in healthcare. But, there is a reason we have anti-trust laws. There are reasons why we have the @FTC

We are at a point in time where the big vertically integrated carriers and providers are abusing their market positions. Neither agency has done shit to stop them over the past decade

There is a bill, the Break Up Big Medicine Bill from @HawleyMO and @SenWarren. I have talked to democratic senators who have said they will support it if more republican senators do. They want to match 1 dem to 1 rep. Totally dumb shit. So they say nothing.

Other than Josh, not a single republican senator I have talked to has the guts to stand up for it. Period. They won’t give a reason. They just won’t do it.

If you want less government in healthcare, it can’t happen until these conglomerates are broken up

If you want single payer or M4A , it can’t happen until these conglomerates are broken up

Quit bitching and call your senator and tell them to grow a spine and support this bill

[Mark Cuban @mcuban]

Break em up.

@HawleyMO @ewarren @SenBillCassidy @AOC @SenRonJohnson

[Mark Cuban @mcuban]

Kudos to @NetworkHealthWI for telling a Big 3 PBM they had to work with @costplusdrugs , and use our lower pricing. That is a commitment to their members, and one of the results can be seen below!

[Rapid Response 47 @RapidResponse47]

.@mcuban, co-founder of @costplusdrugs: "As our volumes go up, our costs go down, which means we'll be ending up charging less to people over a period of time... This is a special partnership. 559 of those drugs are ours, so we're really excited to be part of this."

[Mark Cuban @mcuban]

Spread the word about @costplusdrugs !

[Mark Cuban @mcuban]

If insurance companies can deny care and call it "medically unnecessary", why aren't they required to have malpractice insurance doe when they get it wrong and someone gets sicker or tragically dies ?

[US BEACON @us_beacon]

@mcuban @DrDiGiorgio Great comparison. .

[Mark Cuban @mcuban]

Facilities fees are a scam. It’s like charging a “cup fee” when you buy a beer at the bar

[Mark Cuban @mcuban]

TrumpRx is not a scam. Is it perfect ? No. That would require them to add all @costplusdrugs meds !

They have done a great job on IVF and GLP1s. If it allows a couple to afford to grow their family or to afford the GLP1 they need, it’s a win.

[US BEACON @us_beacon]

@txsportsdoc Love it!

[Attorney General Tim Griffin @AGTimGriffin]

The $7.4 billion settlement reached with Purdue Pharma and its owners, the Sackler family, has become legally effective, capping nearly a decade of work by attorneys general from across the country in pursuing investigations and litigation over Purdue’s and the Sacklers’ role in fueling the opioid crisis.

With this settlement becoming legally effective, I am grateful to the countless people who have worked on this case and who have been on the front lines of combating the opioid crisis in Arkansas for many years. Arkansas will receive an estimated $44.5 million of the settlement. As with previous settlements, Arkansas’s portion will be split into thirds, with one third—about $14.8 million—being awarded to the state, which will be managed by my office; one third being awarded to Arkansas municipalities; and one third being awarded to Arkansas counties. The counties’ and municipalities’ portions will be collectively managed by the Arkansas Opioid Recovery Partnership.

Fifty-five attorneys general representing all eligible U.S. states and territories previously signed onto the settlement. It resolves litigation against Purdue and the Sacklers for producing and aggressively marketing opioids in the United States, fueling the largest drug crisis in the country’s history.

The settlement permanently bars the Sacklers from selling opioids in the U.S. and delivers funds for addiction treatment, prevention, and recovery to communities across the country over the next 15 years.

The settlement also means that Purdue’s manufacturing operations transfer effective today to Knoa Pharma LLC, which will be overseen by a board of directors who had no connection to Purdue. The settlement prevents Knoa from marketing opioids and provides for an independent monitor to ensure it provides these medicines in the safest possible manner that limits the risk of diversion. The settlement also requires Purdue and the Sacklers to make public more than 30 million documents related to their opioid business.

I am pleased to see Purdue Pharma and the Sackler family held accountable for their actions that perpetuated the opioid crisis across the country, including here in Arkansas. The money from this settlement can never fully repair the lives that were harmed by the proliferation of opioids, but it will aid in our continued commitment to treatment, research, and prevention. https://t.co/a10nGwGNOQ #arnews

[Daniel Alders @DanielAldersTX]

Texans deserve affordable healthcare, but right now there are twisted incentives in our system that are driving up costs. This is unsustainable.

We had a great deep dive in the House Select Committee on Health Care Affordability during our hearing this week. Thanks to Chairman @RepJamesFrank for putting together our very informative panels and a robust agenda, and to Speaker @Burrows4TX for making the issue a House priority.

I’m looking forward to working with my colleagues over the next weeks and months to find meaningful, market-driven solutions.

[Greg Reybold @Greg_Reybold]

TN's Fair Rx Act is the talk of the pharmacy world. 📢

It seperates PBM & pharmacy ownership - ending the "Price Maker v. Price Taker" conflict that fuels self-dealing.

Grateful to @TNPharmacists CEO @pudlo for joining us to break down the policy & politics. 🎙️👇

[Mark Cuban @mcuban]

This is the best overview of what ⁦@costplusdrugs⁩ so far ! https://t.co/ngNmKgY021