David Balat (@davidbalathc) 's Twitter Profile
David Balat

@davidbalathc

Working with medical professionals, employers and broker/advisers to make medical care more affordable. Former hospital executive. Independent. Patient advocate

ID: 826445551294115840

linkhttp://www.hcfinance.net calendar_today31-01-2017 15:02:28

10,10K Tweet

5,5K Followers

3,3K Following

David Balat (@davidbalathc) 's Twitter Profile Photo

Thanks to Darin T. Okuda, M.D., M.Sc., F.A.A.N., F.A.N.A. for bringing this issue to light and doing what he can to help his patients. Specialty drug prices are astronomical and for those that need them, it’s not a luxury item #healthcare

Marion E Mass, M.D. #patientsfirst #scrubsnotsuits (@mass_marion) 's Twitter Profile Photo

Inflation reduction act was 🤢 for healthcare. #kickbacks collected by #PBMs accounted for 80% of the cost of insulin. The IRA gave a gift to the PBM leaches. More here realclearhealth.com/articles/2022/…

Inflation reduction act was 🤢 for healthcare.
#kickbacks  collected by #PBMs accounted for 80% of the cost of insulin.
The IRA gave a gift to the PBM leaches. 
More here realclearhealth.com/articles/2022/…
HokiePharm (@hokiepharmacist) 's Twitter Profile Photo

The permanent repeal of the rebate rule for CBO scoring purposes was a huge misstep. The CBO has consistently scored drug rebate reform wrong due to heavy payer industry influence. #pharmacy #TwitteRx

Real Doc Speaks (@realdocspeaks) 's Twitter Profile Photo

I appreciate Marion showing us how the PBMs inflate the list price of prescription meds. The list price is what co-pays and deductibles are based on and what uninsured patients pay. The kickbacks that PBMs and GPOs are allowed to collect cause massive market disruption and

Calley Means (@calleymeans) 's Twitter Profile Photo

You actually can’t make this up. In response to the claim that 50% of the U.S. FDA’s budget comes from pharma (a terrible incentive…), the agency released an official statement saying it is only 47%… An executive order should be signed tomorrow making this 0.

You actually can’t make this up.  

In response to the claim that 50% of the <a href="/US_FDA/">U.S. FDA</a>’s budget comes from pharma (a terrible incentive…), the agency released an official statement saying it is only 47%… 

An executive order should be signed tomorrow making this 0.
David Balat (@davidbalathc) 's Twitter Profile Photo

“More transparency without competition only shows us how badly we are being taken advantage of” ⁦Tiffany Ryder⁩ #healthcare benefitspro.com/2024/08/27/hea…

Tiffany Ryder (@thetiffanyryder) 's Twitter Profile Photo

"Transparency without competition just allows you to see how bad you're getting screwed" Right David Balat ? Our latest op-ed explaining the (un)intended consequences of consolidation & lack of competition among health insurers. benefitspro.com/2024/08/27/hea…

HokiePharm (@hokiepharmacist) 's Twitter Profile Photo

CMS is letting United Health pocket $2.1 billion because of "stakeholder concern and pushback". CMS is owned by the payer conglomerates. The American people deserve better CMSGov Secretary Xavier Becerra #TwitteRx #Pharmacy

Antonio Ciaccia (@a_ciaccia) 's Twitter Profile Photo

“CMS saving money for taxpayers isn’t enough of a reason to face the wrath of very powerful health plans.” - Erin Fuse Brown 🤮 kffhealthnews.org/news/article/m… Fred Schulte

Bob Herman (@bobjherman) 's Twitter Profile Photo

Ten years ago, UnitedHealth bought ProHealth Physicians, a major primary care group in CT. UnitedHealth promised it wouldn’t interfere with how the doctors take care of patients. Now, ProHealth is a shell of its former self, and the doctors regret selling. statnews.com/2024/08/28/uni…

David Balat (@davidbalathc) 's Twitter Profile Photo

They were either being intentionally deceptive or woefully ignorant. Either way, the outcome is the same and there should be repercussions

Marion E Mass, M.D. #patientsfirst #scrubsnotsuits (@mass_marion) 's Twitter Profile Photo

Following the money 💴 is always worthwhile. Appreciate the job Auditor General Tim DeFoor did here. My synopsis ( please correct me if I got it wrong) $7 million in Pa taxpayer 💴was wasted by PBM ( pharmacy Benefit Managers, Prescription middlemen) engaging in ‘spread pricing’ in 2022 in

Marion E Mass, M.D. #patientsfirst #scrubsnotsuits (@mass_marion) 's Twitter Profile Photo

Love all of this… listen to the end for his point re how wrong and anti-American was the suppression of humor and satire. Reminds me of Jerry Seinfeld making same point in commencement speech this spring at Duke.