Kimmy Scotti discusses physical pharmacy access and geographic density across the US.
Insight
Scotti: Americans Blame Big Pharma but Actually Suffer from Big PBMs
“All the time you hear Americans, you know, close to you walking around complaining about Big Pharma, and you, what you hear them complaining about is Big Pharma. What they're actually complaining about that they don't know is Big PBM and Big Pharmacy.”
Opinion
Scotti: Vertical Consolidation Between CVS, Caremark, and Aetna Harms Consumers
“This mass consolidation we're seeing across American healthcare, where you're seeing insurers aligned to pharmacy benefit managers and even pharmacies. So if you look at like CVS, right, it's like CVS, CVS Caremark is their PBM. You know, and now Aetna. So you…”
Assertion Not yet assessed · timeframe Jan 2023
Scotti: Pharma Is 13% of Healthcare Revenue but 50% of Profits
“What do you think percentage wise revenue pharma is in revenue in healthcare? Most people would, you know, not realize it's about 13%, but profits in healthcare... It's half, exactly. It's 40, it's like 49, 50%, exactly.”
Insight
Scotti: Most Skincare Brands Use Off-the-Shelf Co-Manufacturer Formulas
“They just go to, they go to a co-manufacturer who makes all the skincare products. They take something off a shelf. Put your own label on it, and you put it out.”
Insight
Scotti: Unconventional Proxies to Target Customers Are Most Cost-Effective
“What's the weirdest way you can get to your exact customer? And that's probably also the most cost effective.”
Assertion Not checkable as stated
Scotti: Script Relief Reached Over $100M Annual Profit With 28 Employees
“It's over a hundred million a year in profit, and as a small team only 28 employees at the time”