Christopher Bell retweeted
I just put up a video about pharmacy DIR fees. Like most physicians, I had no idea this was a thing. PBMs are innovating greed. Please watch.
30 Days of US Healthcare: DIR Fees
youtu.be/I61wCVh0Y1E
Christopher Bell retweeted
TOTAL US physician compensation is roughly 220 billion, ~8% of US healthcare expenditure. 1 (ONE) PBM had a profit of 125 billion in 2022. Can we stop saying that physician (somebody that actually contributes value to patient care) compensation is the problem?
Christopher Bell retweeted
Hey @bluecrossidaho do your job please. Immediately. Like right now.
1/Please share this thread on behalf of my physician colleague, Eunice Stallman, who is facing the nightmare of her 9mo daughter, Zoey, being diagnosed with brain cancer several weeks ago. @BlueCrossIdaho has added to their anguish by obstructing access to vital treatment.
Christopher Bell retweeted
For the home gamers, @UHC top 5 execs. took home $73,700,000 or $14.7M per exec. beckerspayer.com/payer/unite…
Christopher Bell retweeted
Big Insurnace & their even bigger cash cows #PBM #PBC are absolutely in the top 3 problems of healthcare. Follow the money. Always tells real story. Billion dollar profits 4 middlemen doing NONE of the actual medical care that is PBMs & Insurnace companies.
Christopher Bell retweeted
We are literally playing out a John Grisham novel.
“Donny Ray, could have been saved by a bone marrow transplant..but the claim was instead denied.
Rudy uncovers a scheme by Great Benefit to deny every insurance claim submitted, regardless of validity.”
propublica.org/article/cigna…
Christopher Bell retweeted
Hey @AnthemBCBS you need to fix this. Let doctors do their job and stop practicing medicine without a license.
This quoted post is unavailable.
Christopher Bell retweeted
Lots of conversation about doctors getting paid too much when they are salaries account for 8% of the US healthcare system. No attention is focused on the 15 to 25% costs that administrative bloat costs the system. Why is that? How does that benefit patients? Rent seekers.
Christopher Bell retweeted
Hey @Cigna do your job please
My baby's cancer may have returned and my insurance, @Cigna, is refusing to help cover a PET scan so we can find out if it has, and if needed, continue our work to save his life. No qualms about putting my child's life on the line for their bottom line. He is not even 2 years old
Christopher Bell retweeted
• United Health will PROFIT about $22.3 billion this year.
• 50% of hospitals will lose money this year.
• 47% of US healthcare workers plan to leave within the next 3 years.
That is the current state of US healthcare, and it should terrify everyone.
Christopher Bell retweeted
Today CVS Health announced revenues increased to $81.2 billion in the third quarter, ⬆️10%.
Biggest single source is its PBM⬆️10.7% to $43.22 billion. But sure, let's talk need for restrictive formularies & prior auths to squeeze patients a little more.🤦♀️
Christopher Bell retweeted
Studies show No Benefit to Health Insurance.
No increased life span in 26 years but 11,538% increase in UHC stock price and recent revenues in Q2 alone of 5 billion in profit.
72% of UHC profits from tax payers pockets…
Christopher Bell retweeted
PBMs will soon be a nearly $619 billion industry—and gobbling up more and more of our health care dollars. It’s time for some transparency. And the bipartisan PBM Transparency Act will achieve this. realclearhealth.com/articles…
Christopher Bell retweeted
MISADVENTURES IN AMERICAN HEALTHCARE
1. Doctor orders scan that's clearly indicated for patient & which they've had many times before (allowing for apples-to-apples comparison)
2. Despite order weeks in advance, receive denial day-before from insurer without any explanation
Christopher Bell retweeted
1/ @UHC racked up over $10B in Q1 & Q2 2022 profit (9 zeroes for you home gamers) — let’s be really clear about who’s winning in the healthcare spend environment—Which insurer was most profitable in Q2? The answer won't surprise you fiercehealthcare.com/payers/…
Christopher Bell retweeted
HEALTH CARE CORRUPTION for $1000 Alex!
"These 2 types of corporations are allowed by the FEDERAL GOVT to accept LEGAL KICKBACKS which simultaneously skyrocketing the costs of health care and medicines"
What are Pharmacy Benefits Managers (PBMs) and Group Purchasing Orgs (GPOs)?
Christopher Bell retweeted
The private John Legend concert CVS Health hosted (despite restrictive formularies, non-medical switching & denying patients medication access due to cost) was just the icing on the cake CVS leaders enjoyed this week in Orlando. Let's take a peek at good times on patient dime...
Christopher Bell retweeted
Hey @AnthemBCBS. Have readmitted a teenager with Crohn's to the hospital, extremely ill. Her BMI is 12. Her gastroenterologist prescribed Humira -- denied.
Would you like to talk to this family for me, since you're making the the medical decisions here?
@DGlaucomflecken
Christopher Bell retweeted
Hard times in healthcare? Depends where you look. Hospitals w/large deficits. Meanwhile, @UHC reports $5.1 BILLION in profit for Q2.
fiercehealthcare.com/payers/…
@FierceHealth @pminemyer
Christopher Bell retweeted
Hey, Scooby... get a clue about who really makes healthcare costs soar! Finding out about the PBM and making them accountable is way better than a Scooby Snack! #PBM #medtwitter #patientsoverprofits #takebackmedicine practicingphysician.org/pbm-…