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AROUND PUTT
UnitedHealth and Change Healthcare — Why We’re Saying “NO” and You Should Too
PUTTRx Medium/PUTT Blog
In the world of Big Healthcare mergers and acquisitions, it’s deja vu all over again. The U.S. Department of Justice (DOJ) is investigating UnitedHealth Group’s proposed purchase of Change Healthcare, self-described in its Wikipedia entry as “a provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers, and patients in the U.S. healthcare system. The name also refers to a company founded in 2007 which subsequently became part of the current conglomerate.” One would think that 2-sentence description alone would provide the DOJ just cause for stopping the acquisition, but perhaps the DOJ, like most of the country, doesn’t quite understand the implications if Change were to enfold itself into the UnitedHealth conglomerate. (See this article by NCPA CEO Doug Hoey for one possible explanation why giant corporate mergers are so difficult to stop in the U.S.). There are many reasons we oppose this acquisition continued integration means fewer competitors and less choice for end users of healthcare data services.. Continue Reading |
ACROSS THE NATION
2+2=? Senate Uses Murky Math as It Shelves Drug Pricing Rule to Fund Infrastructure
Kaiser Health News
August 5, 2021 The Senate’s release of its bipartisan infrastructure plan signals that lawmakers are poised to throw former President Donald Trump’s belated bid to lower Medicare drug prices under the bus — not to mention trains, bridges, tunnels and broadband connections. That’s because the massive spending bill is the first of two likely to at least delay the so-called Medicare rebate rule released at the end of the Trump administration, which has yet to take effect. Congress would use the projected costs of that rule to help pay for more than half a trillion dollars in new spending on infrastructure. What has infrastructure spending got to do with Medicare drug rebates? Bear with us as we explain the mad logic of how Congress intends to pay for a spending program with money that doesn’t really exist... Let’s start with the Medicare drug rebates. Continue Reading |
Pharmacists United for Truth and Transparency (PUTT) is a non-profit advocacy organization founded by independent pharmacists and pharmacy owners devoted to exposing the truth about the anti-competitive tactics of pharmacy benefits managers (PBMs) - drug benefits plan providers whose unregulated, secretive practices drive up prescription costs and annually waste hundreds of millions of taxpayer dollars.
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