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Adam J. Fein
@DrugChannels
Expert insights from Dr. Adam J. Fein on pharmaceutical economics and the drug distribution system. Contact me at [email protected]
Philadelphia, PA
linktr.ee/DrugChannels
Joined March 2009
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19K
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  • user avatar
    Adam J. Fein
    @DrugChannels
    Oct 10, 2022
    Fascinating interview with @mcuban about @costplusdrugs and how he is attacking #pharmacy & #PBM industries His key point: Manufacturers are not the problem. Big 3 PBMs are distorting #drug prices. Definitely worth watching (start at 4:50) youtu.be/BkDsrUK-PtY?t=…
  • user avatar
    Adam J. Fein
    @DrugChannels
    Oct 31, 2019
    Question of the day: Why is it called a "Randomized double blind placebo control study" instead of "Trick or Treatment"? Happy Halloween!
  • user avatar
    Adam J. Fein
    @DrugChannels
    Sep 20, 2021
    Hospital-employed physicians love benchmarking U.S. #drug prices vs. other countries. Wake me up when they propose benchmarking their salaries & hospital prices to other countries. 👇 🙄 FYI: U.S. #healthcare spending = $3.8 trillion Drugs ~15% / Hosp+MDs ~60% #justsayin
  • user avatar
    Adam J. Fein
    @DrugChannels
    Jun 21, 2024
    From Mark Cuban @mcuban: Five Ways that Big #PBMs Hurt U.S. Healthcare–And How We Can Fix It (rerun) A Drug Channels exclusive op-ed from the founder of @costplusdrugs
    Mark Cuban: Five Ways that Big PBMs Hurt U.S. Healthcare–And How We Can Fix It (rerun)
    From drugchannels.net
    101K
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    Adam J. Fein
    @DrugChannels
    Apr 24, 2021
    It’s hard to have sensible policy conversations about "#drug pricing” when politicians won't or can't distinguish between: 1. A drug's list price 2. A drug's net cost to a payer/#PBM after rebates & discounts 3. The % of a prescription's net cost that a patient pays out-of-pocket
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    Adam J. Fein
    @DrugChannels
    Aug 29, 2020
    1 / 4 Just out: @goodrx S-1 for its IPO drugch.nl/3jqd0Mo Wow. Insanely profitable! EBITDA = 40% Revenue model: 1. Consumer uses GoodRx 2. Pharmacy pays #PBM 3. PBM pays GoodRx $$$ The following tweets explain how our crazy drug channel system enables this business
  • user avatar
    Adam J. Fein
    @DrugChannels
    Jul 9, 2024
    New Federal Trade Commission report documents huge #PBM markups for specialty #generic #drugs...and shows why @mcuban @costplusdrugs exists. ==> drugch.nl/45UneOF P.S. Flattered by 80+ cites to DCI's reports (esp. drugch.nl/pharmacy)
    98K
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    Adam J. Fein
    @DrugChannels
    Sep 29, 2020
    Per @Altarum, prescription #drugs are (and will be) <14% of total U.S. #healthcare spending drugch.nl/2RVziKi Updated lesson: Pharmaceuticals account for 14% of U.S. healthcare spending, but absorb 99% of the political heat. #facts #data
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    Adam J. Fein
    @DrugChannels
    Mar 4, 2024
    Thoughtful commentary from the one and only Mark Cuban @mcuban on core problems with #PBM market from today's @WhiteHouse listening session. Worth watching! (Link starts at 49:47)
    92K
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    Adam J. Fein
    @DrugChannels
    Nov 23, 2024
    Just two cool dudes chatting about #PBMs, #340B, and hair care. @A_Ciaccia @46brooklyndata
    6.4K
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    Adam J. Fein
    @DrugChannels
    Mar 21, 2024
    From Mark Cuban @mcuban: Five Ways that Big hashtag#PBMs Hurt U.S. Healthcare–And How We Can Fix It A Drug Channels exclusive op-ed from the founder of @costplusdrugs ==>
    Mark Cuban: Five Ways that Big PBMs Hurt U.S. Healthcare–And How We Can Fix It
    From drugchannels.net
    304K
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    Adam J. Fein
    @DrugChannels
    Sep 14, 2020
    Wow! Per new @Health_Affairs article, #pharmaceuticals are (on average) responsible for 35% of total increase in U.S. life expectancy drugch.nl/3jVMsTy Drugs made an even greater contribution for #HIV (76%), heart disease (52%), and breast #cancer (60%)
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    Adam J. Fein
    @DrugChannels
    Jul 6, 2020
    Outstanding op-ed: "Regeneron wasn’t paying ‘kickbacks.’ It was helping people pay egregious #Medicare copays" drugch.nl/3goQWAt @statnews I hope the pharma industry’s many critics think hard about the arguments that @PeterKolchinsky makes here.
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    Adam J. Fein
    @DrugChannels
    Aug 4, 2018
    Today is the birthday of John Venn, inventor of the Venn Diagram! drugch.nl/2OIc2wv