Listen: Shkreli awards for the worst actors in health care
"Medical care is in a crisis. This is Dr Michael Wilks where they second opinion as a nation. We spend eighteen percent of our gross national product on health care, frankly, we are not getting good value. There are loads of problems getting doctors to modernize their practices creating a larger role for mid level providers, like nurse practitioners, and physicians assistance. And of course, greed the enormous drive for profit in America has become the major influence in healthcare delivery. And this greed is not confined to any one sector the list of greedy organizations in medicine is long and diverse. But at the very top of that list are the pharmaceutical companies drugs that have been around for decades like insulin discovered. Nearly a hundred years ago have reached record high prices. Drug companies take a drug like insulin. Make a small change that allows them to keep the drug on patent. This abhorrent practice is called ever-greening in this case. What's ironic is at the very researchers at the university of Toronto who discovered the drug insulin gave the patent to drug companies for free. So that the drug could be available to the public ninety eight years after it was discovered drug companies still refused to manufacture a generic affordable. Brand I have patients that are taking half or a quarter of their required dose because they can no longer afford to take the full dose. The makers of insulin are not alone. Perdue pharma influence doctors through unethical marketing, free, lunches payments or gifts, and so called education campaigns to write unnecessary. Opioid prescriptions, which we all know has resulted in tens of thousands of opioid deaths. So it is no surprise that. Nostrum laboratories was at the top in the list of shit Crowley awards. Nostrum increase the price of an old antibiotic used to treat a urinary tract infection by a mere four hundred percent why because they could thus SHA Crawley awards given annually by the loan institute are for the worst actors in health care this year. Three of the top ten were pharmaceutical companies the award is named after the convicted felon and CEO of turing pharmaceuticals Martin Shkreli who jacked up the price of an old lifesaving antibiotic to unaffordable prices. Other winners included the convicted felon, Dr Fata who is a Michigan cancer, doctor who treated more. More than five hundred and fifty people for cancer who it turns out didn't really have cancer. Other winners were San Francisco General hospital for gross overbilling nursing homes that provided unnecessary care and then build for it and Hennepin county medical center for conducting drug trials on patients without their permission. We can all be outraged. But unless we put a cap on this greed, this behavior will just continue. This is Dr Michael Wilks with a second opinion."