Marion Mass MD returns for Part 2 of our series on healthcare economics, and explores why health care costs are rising faster than college tuition. In this episode, Dr. Mass focuses on GPO's and PBM's. Everyone needs to know what these two acronyms mean, as they are responsible for adding $200 Billion to Americans' health care bills each year.
Kickbacks are illegal in just about every industry except healthcare. GPO's and PBM's are integrating vertically and horizontally and most medicine and hospital equipment sold in the US goes through just a handful of GPO's and PBM's.
4 GPO's now control 90% of all the hospital and nursing home supplies and 3 PBM's control 85% of all prescription drugs.
Marion Mass, MD, is a practicing physician, a patient advocate, and a founding member of the PPA (Practicing Physicians of America), explains the shocking and secretive world of Pharmacy Benefit Managers (PBM’s) and Group Puchasing Organizations (GPO’s) and follows the money to uncover the truth behind rising health care costs.
Dr. Mass is very active politically, and is the vice chair of Practicing Physicians of America (PPA), a non-profit group dedicated to improving the doctor-patient relationship through confronting laws and regulations that limits the ability of physicians to serve their patients.
Last year, Dr. Mass co authored the Free2Care White paper which detailed how to improve access and lower costs to patients by reducing waste with specific legislative solutions.” You can read the paper here: http://free2care.org/wp-content/uploads/2019/06/Free2care.pdf
Dr. Mass is drawing attention to pg 41 (Appendix B) of the free2care.org white paper shown above. That is the bill Dr. Mass is asking everyone to share with their lawmaker to draw attention to the crisis and its simple solution. End legal kickbacks in the healthcare industry.
You can learn more about Dr. Mass’ efforts to challenge the status quo by visiting the sites below:
Practicing Physicians of America, co-founder https://practicingphysician.org/ Facebook: @PPAofUSA
Bucks County Health Improvement Partnership, board: https://www.bchip.org/
Bucks County Courier Times, Doylestown Intel, editorial Board: https://www.buckscountycouriertimes.com/
Episode 46 - Marion Mass MD - Physicians Fighting to Lower Drug Prices
Episode 45 - Michael Dudenhoeffer - That Beefy Butcher
Episode 44 - Amber M. Yates, MD - Pediatric Hematologist - Sickle Cell Disease
Episode 43 - Rand Diab, MD - Ophthalmologist - Lasik Surgery 101
Episode 42 - Phil Boucher, MD - Pediatrician - Fears and Concerns of New Parents
Episode 41 - Rashmi Kudesia, MD - Reproductive Specialist
Episode 40 - Marley Doyle MD - Postpartum Depression and Women's Mental Health
Episode 39 - Peter Grinspoon - A doctor who became addicted to opioids
Episode 38 - Mark J Kohler on Building Wealth
Episode 37 - Hussein Gandhi GP - Explaining England's Healthcare System
Episode 36 - Brett Belsky - Teacher fired for playing Fortnite with his students
Episode 35 - Arthur Thexton - Former Medical Board Prosecutor
Episode 34 - David Galbis-Reig - Understanding Addiction
Episode 33 - Kevin Buford, MD - The Strength of Introverts
Episode 32 - Ben Lien - Minnesota State Representative
Episode 31 - Kathy Bowman - The Microfarm Beef Difference
Episode 30 - Monique Tello, MD - Healthy Habits for Your Heart
Episode 29 - Dr. Corriel - Physicians on Social Media
Episode 28 - Kristen Stuppy, MD - Raising a child with ADHD
Episode 27 - Samantha Nazareth MD Visits the Consumer Electronics Show
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