Private equity is there to suck the profits out of things. Right. I'm sorry, I'm a little crass here. No, no, it does. And then, you know, I was long aware of all the middlemen like the PBMs in the pharmaceutical industry. So you have the pharmaceuticals, they set the price and then the PBMs wheel and deal with all the healthcare providers and say discounts here, rebates there, all in this opaque fashion that nobody knows. (22:00–22:08)
CLAIM
Asserts awareness of the role of pharmacy benefit managers (PBMs) as intermediaries in the pharmaceutical industry.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
