How Sempre Health, Mark Cuban And More Are Leading The Charge To Disrupt Drug Pricing
Forbes February 15, 2024
As last miles go, medication adherence – when patients take the medication that’s been prescribed to them – is among the toughest. Every link in the drug supply chain can impact adherence, determining whether patients are treating their conditions or not, with two factors standing out: accessibility and cost. Significant criticism and skepticism is being cast upon Pharmacy Benefit Managers (PBMs), as policymakers at state and federal levels and regulatory agencies such as Federal Trade Commission conduct inquiries into the role they play and impact on drug pricing.
The web of parties controlling the prescription value chain, PBMs being at the forefront, have forged a system that routinely inflates the cost of medication beyond reason and have, so far, proven...