4.6 • 13.2K Ratings
🗓️ 8 November 2023
⏱️ 46 minutes
🧾️ Download transcript
Between overworked pharmacists, healthcare consolidation, and rising drug costs, pharmacies are constantly having to adapt. Dan Weissmann, host of the An Arm and a Leg podcast, joins David to talk about how these conditions are affecting pharmacies — big and small — and consumers nationwide.
Later, Liz Tung, a reporter for WHYY’s The Pulse, shares her deep dive into the mysterious world of pharmacy benefit managers, or PBMs. Her recent reporting examines how these entities hurt consumers and pharmacists alike, and what’s being done to challenge them.
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0:00.0 | I'm David Brown and this is Business Wars. The When you hear CVS and Walgreens, what do you think of? Maybe your mind goes straight to retail, |
0:35.2 | aisles loaded with candy, beauty products, cheap holiday decor, you know what I'm talking |
0:40.0 | about. Or perhaps you think about the in-store clinics where you can go see a doctor in a pinch or |
0:45.4 | grab your flu shot or COVID booster. Today's pharmacies certainly look a lot |
0:50.1 | different and wear a lot more hats than they once did. But as big pharmacies take over more of the |
0:56.0 | health care industry, patients, providers, and pharmacists themselves are |
0:59.8 | finding themselves tangled up in a confusing and costly web without much agency. |
1:05.0 | Today's guests are here to help us make some sense of this constantly changing industry. |
1:09.0 | First, we're speaking with Dan Weisman, host of the podcast, |
1:12.0 | An Arm and a Leg, co-produced with KFF health news. |
1:15.9 | And as the big pharmacies become more monolithic in the world of health care, Dan will be breaking |
1:19.9 | down what that means for patients across the US. |
1:23.0 | Later, we'll be joined by Liz Tung, a reporter for W-H-Y's Health and Science Podcasts, The Pulse. |
1:30.2 | She untangled some of this health care web to dive deeper into the mysterious pharmacy benefit managers |
1:36.0 | who are shaping the cost of drugs for consumers and challenging independent pharmacies nationwide. |
1:42.0 | All that's coming up. |
1:47.0 | Everyone leaves a legacy. |
1:49.0 | I like Mr Gorbachev. |
1:50.0 | We can do business together. |
1:52.0 | For some, the shadow falls across decades, even centuries. |
1:55.0 | It is unacceptable to have figures like roads glorified. |
2:01.0 | But it also changes. Reputations are re-examined by new generations who may not like what they find. |
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