PHARMA: How to make a fortune in health care

The Industry Veteran is right. Don’t bother with expensive degrees or clever busines planning. Just get close to an organization (preferably in it) that can’t keep its hand out of the cookie jar, and nail them by letting the Feds know. It works for PBMs, and even better for drug companies — to the tune of $26m for this go-round, with Glaxo as the fall guy. Frankly this one looks pretty dumb. Didn’t Glaxo note exacty the same thing was pulled on TAP not so long ago?

Meanwhile in this list of the top 20 Fraud settlements of all time, health care companies get to star in 16 of the top 20! And that’s before Part D comes into effect!

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