Becker's Healthcare June 27, 2024
Mark Cuban Cost Plus Drug Co. will serve as a wholesale drug distributor for all 71 hospitals affiliated with Community Health Systems, the organizations announced June 27.
Cost Plus Drugs launched the wholesale services in early 2024, but for the first time, the company is rolling out the offering to a large health system.
The pharmaceutical company has direct relationships with 38 of the 40 largest generic manufacturers and multiple secondary distributors, according to Cost Plus Drugs’ CEO and co-founder, Alex Oshmyansky, MD, PhD.
To kickstart the deal, the Franklin, Tenn.-based system will buy 12 generic therapies through Cost Plus Drugs Marketplace — the name of the wholesale business — for its 71 hospitals spanning 15 states. Cost Plus...