3 Axis Advisors @3AxisAdvisors
3 Axis Advisors specializes in the disruptive simplification of the prescription drug supply chain. 3axisadvisors.com Ohio, USA Joined January 2019-
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New episode! Scott and I interview @A_Ciaccia of @46brooklyndata, @3AxisAdvisors, to understand the #340B Drug Pricing Program and why #patients end up shouldering the burden of high drug costs while companies and organizations benefit. lnkd.in/eDy8PW6P #PatientAccess
“We have known for a long time now that there are a lot of different ways that PBMs can distort the underlying costs of medicines and exacerbate some of the very problems that they were originally hired to control.” - @A_Ciaccia ajmc.com/view/in-the-pb… @AJMC_Journal
“What makes this situation unique is that CVS has not selected the cheapest product, so it’s ‘propping up a more inflated version than what the marketplace is otherwise bearing.’” endpts.com/sandozs-humira… @ZacharyBrennan @A_Ciaccia @mcuban @costplusdrugs
"What we were seeing in the state of Ohio was that pharmacies were getting paid less and less for the medicines that they were dispensing to their, Medicaid beneficiaries. But on the other end of the transaction, as those cuts were occurring, the state of Ohio was spending more…
"How can we continue to provide benefits in a system where the vendor's incentives are in direct conflict with that of the plan sponsor and the patient? You know, the theme here is transparency." - @A_Ciaccia, President, @3AxisAdvisors To watch the full event visit:…
Was great to attend @thehill’s Prescribing PBM Reform summit last week and talk shop with some of the brightest minds in the drug policy world. thehill.com/events/4485333…
“You can add lawsuits like this to the mountain of reasons to create greater clarity, guardrails, and accountability within the 340B program.” - @A_Ciaccia statnews.com/pharmalot/2024… @pharmalot @edsilverman
What Ohio leaders are doing to fight increasing costs for prescription drugs @AnnaStaver @martyschladen @A_Ciaccia @WOSUAllSides wosu.org/show/all-sides…
This was the most popular video in Washington DC healthcare policy circles this week.
This was the most popular video in Washington DC healthcare policy circles this week.
“The thing that makes us most unique is this kickback scheme that ultimately enables and rewards intermediaries and middlemen at the expense of the end-paying consumer.” - @A_Ciaccia abc6onyourside.com/news/local/in-… @darreldrowland @wsyx6
Merck, J&J and Bristol Myers CEOs face drug-pricing grilling on Capitol Hill, but experts cite deeper problems under the radar @EleanorLaise @A_Ciaccia @DrugChannels marketwatch.com/story/merck-j-…
Pharmacy benefits contractor for West Virginia public employees system pays itself way more for some drugs than necessary @martyschladen @costplusdrugs ohiocapitaljournal.com/2024/02/06/con…
This week, @A_Ciaccia joined @CBSDetroit to discuss federal efforts to combat rising prescription drug costs and why big PBMs are under fire for their role in undermining traditional market forces that could yield better savings for consumers. cbsnews.com/detroit/video/…
“That’s the sad part about this system. Formularies are often used to direct patients to medicines that might actually be more expensive for them, in order to generate rebates that accrue to others.” - @A_Ciaccia managedhealthcareexecutive.com/view/2024-form… @MyshkoDenise @MHExecutive @mcuban
CVS Caremark to remove branded Humira from formularies … from a certain point of view @MyshkoDenise @A_Ciaccia @costplusdrugs formularywatch.com/view/cvs-carem…
500 drugs from over 140 brands are going up in price this year @veronicaa_salib @pharmanewsintel pharmanewsintel.com/news/500-drugs…
Excluding different doses and formulations, more than 140 brands of drugs will have their prices raised, data analyzed by healthcare research firm 3 Axis Advisors showed. reut.rs/47jwfjx reut.rs/47jwfjx
Exclusive: Drugmakers set to raise US prices on at least 500 drugs in January @mikeerman1 @PatrickWingrove reuters.com/business/healt…
Great use of NADAC in this @ceciliagarzella piece on ADHD drug shortages and their impact on patient access to treatment usatoday.com/story/news/inv…
Insulin, PBM lawsuits seen as alternative to pricing legislation @cecelou18 @A_Ciaccia news.bloomberglaw.com/health-law-and…
Antonio Ciaccia @A_Ciaccia
7K Followers 3K Following Advocate for drug price transparency, competitive healthcare markets, & patient-centered care @46brooklyndata @3AxisAdvisors. Dad to Franco, Marco, Vera, Enzo.
Loretta Boesing @BoesingLoretta
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PUTT @TruthRX
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Pharmacy Podcast Netw.. @PharmacyPodcast
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154 Followers 312 Following Attorney/Pharm.D/Certified Pharmacy Benefits Specialist. Senior Counsel @ Frier LevittNew episode! Scott and I interview @A_Ciaccia of @46brooklyndata, @3AxisAdvisors, to understand the #340B Drug Pricing Program and why #patients end up shouldering the burden of high drug costs while companies and organizations benefit. lnkd.in/eDy8PW6P #PatientAccess
"What we were seeing in the state of Ohio was that pharmacies were getting paid less and less for the medicines that they were dispensing to their, Medicaid beneficiaries. But on the other end of the transaction, as those cuts were occurring, the state of Ohio was spending more…
"How can we continue to provide benefits in a system where the vendor's incentives are in direct conflict with that of the plan sponsor and the patient? You know, the theme here is transparency." - @A_Ciaccia, President, @3AxisAdvisors To watch the full event visit:…
Was great to attend @thehill’s Prescribing PBM Reform summit last week and talk shop with some of the brightest minds in the drug policy world. thehill.com/events/4485333…
Antonio Ciaccia, the self-proclaimed "drug pricing nerd" from Columbus, appears on a DC panel today after meeting with White House officials Monday...trying to get feds up to speed on what Ohioans have known for years about PBMs
This was the most popular video in Washington DC healthcare policy circles this week.
THREAD: There is a massive, totally legal bribery scheme driving up drug prices in America. And pharmacy benefit managers—shady middlemen you’ve probably never heard of—are right at the center.
A great explainer on pharmacy benefit managers (PBMs) in the U.S. by @A_Ciaccia with @3AxisAdvisors on @CBSDetroit. cbsnews.com/detroit/video/… #drugprices
Excluding different doses and formulations, more than 140 brands of drugs will have their prices raised, data analyzed by healthcare research firm 3 Axis Advisors showed. reut.rs/47jwfjx reut.rs/47jwfjx
Great use of NADAC in this @ceciliagarzella piece on ADHD drug shortages and their impact on patient access to treatment usatoday.com/story/news/inv…
Follow @A_Ciaccia, who is probably the most important thinker and analyst in health care in America. Just a national treasure.
Earlier this year, our team partnered with the Wall Street Journal on an investigative analysis showing how large PBMs were slapping massive markups on otherwise cheap generic drugs @joewalkerWSJ @WSJ wsj.com/health/healthc…
Why are prescription drugs so expensive? @MartyLenz_KOA and @KOAJeana ask a healthy policy expert with @3AxisAdvisors on CMN. koacolorado.iheart.com/featured/color…
This week, I had a fantastic opportunity to hang out in NYC with two of my favorite drug channel experts: Antonio Ciaccia @A_Ciaccia @46brooklyndata and Eric Percher @NephronResearch. We managed to solve all of U.S. healthcare's problems over coffee. Answer coming soon!
@RepAuchincloss + @3AxisAdvisors analysis = PBMs being boxed in with the truth - they are driving up drug prices at the pharmacy counter and it is by design.
At last month's House Oversight Committee hearing on PBMs, arguably no congressman stood out more than @RepAuchincloss, who clearly has an exceptional grasp on how drug pricing actually works and how PBMs exacerbate affordability problems for plan sponsors and patients. A+
Drug Channels News Roundup, Sept. 2023: - How #PBMs make money - Generic #drugs & specialty #pharmacy profits - @CVSHealth’s $CVS 2022 drug trends - PBMs & #prescription prices Plus, @DGlaucomflecken on deductibles @NephronResearch @3AxisAdvisors drugch.nl/46ocuaj
.@A_Ciaccia this analysis is so good that it’s painful to think how few people will really take the time to appreciate all the insights you have here about how America experience drug prices. Should be required journal club reading for all biotech executives. @NPLB_org…
New report by @3AxisAdvisors shows the price of the anticoagulant Eliquis at the pharmacy counter varies widely due to PBMs establishing variable payment rates. Reminder that patients at high risk of stroke & clot depend upon consistent, affordable access to such blood thinners.
Fantastic 🧵. Does a much better job of explaining @3AxisAdvisors study findings better than I could ever hope to do.
The truth is that every layer of the drug channel has their hands in the cookie jar – each responsible in their own ways for setting inflated sticker prices, pocketing hidden mark-ups, capitalizing on bad incentives, and feasting on the wallets of plan sponsors & patients.
Medicare patients paid 4 times as much as their drug plans for certain medicines, study finds trib.al/r1eLzE5
Be sure to sign up/tune into my free, streaming fireside chat tomorrow with @A_Ciaccia on all things drug pricing/PBM shenanigans…and what should be a great panel of experts on the latest from the mifepristone court saga and what’s coming dia23.endpts.com
Two titans of #PBMReform join us today, returning guest @A_Ciaccia Antonio Ciaccia with @3AxisAdvisors and Loretta Boesing @BoesingLoretta with Unite for Safe Medications update listeners with the latest progression in medication insurance coverage. via Apple:…
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