Becker's Healthcare January 4, 2024
Billionaire entrepreneur Mark Cuban has made substantial progress in the healthcare and pharmacy space in nearly four years, and he’s learned a lot about its costs for employers and workers in that time, too.
Mr. Cuban co-founded Mark Cuban Cost Plus Drug Co. in May 2020 with Alex Oshmyansky, MD, PhD. The online pharmacy launched eight months later and today offers more than 2,000 of the most highly utilized and/or high-cost generic medications. The drugs are sold with a 15% markup for price, a $5 fee to pay the pharmacists it works with and a $5 fee for shipping. The prices are significantly less than what Americans typically pay through insurance.
The company and its growing list of partners...
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