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0 0 0.00931340697422572 0.00931340697422572 0.0136452241715401 0.0244747671648257 0.0158111327701972 0.0201429499675114
Stock impact report

Letters to the Editor: When a few buyers control most medications, all consumers suffer [Los Angeles Times (CA)]

GoodRx Holdings, Inc. - Class A (GDRX) 
women, but the entire population ( “Focus on the real causes of the shortage in hormone treatments,” April 20). Modern economics has proven that any oligopsony can be just as market-manipulative as essential monopolies. With 85% of the medications controlled by just four buyers , it's no surprise that we get squeezed with shortages and consumers actually pay more. America sees this with pharmacy benefit managers (PBMs) and hospital group purchasing organizations, as well as in much of our country's hospital chains and health insurance. Rural America and inner cities are hit especially hard. The hormone patch dilemma is identical to how physicians and physical and occupational therapists have had their reimbursements squeezed as their cost of doing business goes up, and patients are forced into narrow networks and limited hospital choice. The entire PBM industry is all about kickbacks and market manipulation. The more rent-takers, the more forced manipulation of consumers. The less Show less Read more
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