Patients Rising

PBMs have become one of the most debated parts of the healthcare system.

Supporters point to their role in negotiating costs and managing prescription drug benefits. Patients often point to experiences with prior authorizations, step therapy, formulary changes and coverage decisions that can create barriers to care.

On June 4, Patients Rising and PCMA are coming together for a conversation about where those perspectives meet.

What do PBMs actually do? What changes are being discussed? What concerns are patients raising, and how should the industry respond?

Join Terry Wilcox and senior leaders from PCMA for a live virtual town hall. Half of the program will be devoted to questions from patients, caregivers and advocates.

We'd love to have you join us! Register here: https://hubs.ly/Q04jNv2w0

Most people assume medical bankruptcy happens because someone didn't have insurance.

What if that's not the whole story?

Patients Rising reviewed 146 bankruptcy filings from Washington state and found more than $1 million in verified medical debt owed to hospitals participating in the federal 340B program. The largest share of that debt was concentrated within a single nonprofit hospital system.

In fact, 81% of the bankruptcy cases reviewed included medical debt, and more than one-third included verified debt owed to a 340B-participating hospital.

Read more here:

What 146 Washington Bankruptcy Filings Reveal | 340B Hospital Debt Providence Health appears on 41 of 47 verified 340B creditor lines in our Washington bankruptcy review. 146 filings, $1 million in hospital debt.