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2024: A Pivotal Year in Curbing Pharmacy Costs

2024 stands at a critical juncture in the battle against soaring pharmacy costs. In 2023, prescription drug costs rose by 8.4%, a 31% increase from the prior year. Stopping this cost escalation requires restructuring the role of pharmacy benefit managers (PBMs) from multiple fronts. On one front, Congress must pass the proposed legislative reforms that can actually curtail opaque PBM practices. Concurrently, employers must demand transparency and accountability from their PBMs. If these dual forces converge, they have the power to bring about a transformative shift that can lower drug spend for millions of American patients. Congress has introduced key PBM reform.  Currently, there are a plethora of proposals in Congressaimed at dismantling the shady tactics of legacy PBMs. While the individual bills vary, overall they focus on enhancing transparency and reporting, halting profiteering practices like rebate exploitation, spread pricing and clawbacks, and revisiting antitrust concerns ....

United States , Weight Loss , Medical Devices , Healthcare Innovation , Medcity News , Medcity News , San Francisco , Life Sciences , Rock Health , Startup Advice , Startup Funding , Patient Monitoring System , Otion Sensors , Healthcare It , Foodborne Pathogens , Iagnostics Company , Iagnostic Platforms , Minimally Invasive Surgery , Aser Surgery , Ealth And Wellness , Mployee Wellness Programs , Hanghai Innovation Center , R D , Twin Cities , Ulcerative Colitis , Abbott Labs ,

Modern KOL Connections: Engaging with Thought Leaders in the Age of AI

AI refines KOL (key opinion leader) outreach by quickly uncovering the intricate details of individual thought leaders. AI tools can analyze preferences, behaviors, and interests, equipping MSLs (medical science liaisons) with a comprehensive understanding of each individual KOL. ....

Medical Affairs , Weight Loss , Medical Devices , Healthcare Innovation , Medcity News , Medcity News , San Francisco , Life Sciences , Rock Health , Startup Advice , Startup Funding , Patient Monitoring System , Otion Sensors , Healthcare It , Foodborne Pathogens , Iagnostics Company , Iagnostic Platforms , Minimally Invasive Surgery , Aser Surgery , Ealth And Wellness , Mployee Wellness Programs , Hanghai Innovation Center , R D , Twin Cities , Ulcerative Colitis , Abbott Labs ,

36 thoughts I had watching Drag Race Season 16, Episode 4

RuPaul’s Drag Race season 16’s fifth episode is full to bursting with drag classics – including girl groups and Amanda calling Plane a “c t”. ....

Geneva Karr , Abby Lee Miller , It Girl Group , Drag Race , Miss Meating , Pangina Heals , Werk Room , Girl Group , Who Should Go Home Tonight And ,