Comment by psadauskas
1 year ago
I think you left out several layers. At least one of which in the news lately is the PBM, which sit between hospitals/providers and pharmaceutical companies, and are able to exert monopoly power on that market. They have agreements with hospitals that hospitals are only allowed to purchase through them, and then their suppliers are permitted to purchase exclusive access. This results in things like the saline shortage last year, and pushing small local pharmacies out of business. The PBMs also have incredible profit margins, upwards of 80%.
Not true. PBMs are just departments of MCOs, so they are included in the profit margins of MCOs (at the bottom).
>The PBMs also have incredible profit margins, upwards of 80%.
I would love to see a single SEC filing showing this, mostly because there exist no standalone PBM.
Also, YouTube is not a source for financial information. 10-Ks, for example, would be.