HealthCommentary

Exploring Human Potential

Johns Hopkins MBA Bets Future On Ever-Expanding Medical-Industrial Complex

Mike Magee What do you do if you are a highly ranked university, with one of the best nursing, medical and public health schools in the country, and applications for entry into your traditional 2-year MBA program have declined 14% over the past 5 years? Well, the obvious answer is, you go out and hire […]

Letting Academic Physicians Off The Hook.

Mike Magee In 2004, when I read Dr. Marcia Angell’s book, “The Truth About the Drug Companies: How They Deceive Us And What To Do About It”, I agreed with everything she wrote. How couldn’t I? At the time, I had a front row seat inside the largest pharmaceutical company in the world and managed a substantial […]

Doctors or Entrepreneurs? The Triple Mission Problem.

Mike Magee This week’s blockbuster investigative article in Science doesn’t pull punches. Its’ headline: “Investigation reveals widespread double dipping in NIH program to pay off school debt.” The article cites incontrovertible evidence of taxpayer dollar support for student debt loan forgiveness being granted to many clinical investigators (more than half MD’s) who are on for-profit […]

Why Is Lamar Alexander (R-TN) Confused?

Mike Magee The Medical-Industrial Complex in the United States is expert at feigning cross-sector competition while quietly signaling to members that there is plenty of graft and profit in the $4 trillion (20% of GDP) for all. The net output, more evident than it ever was in the days of ’90 era “Harry and Louise” […]

The Pharmacy Benefit Manger (PBM) Syndicate

Mike Magee “Syndicate: a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest. In most cases formed groups aim to scale up their profits.” Drug channel companies including Pharmacy Benefit Managers (PBMs) (like United Healthcare’s Optum, Express Scripts and CVS/Caremark) and distributors (like […]

Career Ladder Bias: “How To Succeed” Inside The Medical-Industrial Complex.

Mike Magee In 2004, when I read Dr. Marcia Angell’s book, “The Truth About the Drug Companies: How They Deceive Us And What To Do About It”, I agreed with everything she wrote. How couldn’t I? At the time, I had a front row seat inside the largest pharmaceutical company in the world and managed […]

Pharma Patents – A Good Bet For Casino Heavy Native Americans.

 The Latest Pharma Campus? Mike Magee In the immediate aftermath of WW II, the U.S. government decided to join hands with industry and academia and fund a campaign to “defeat disease” as they had defeated the Nazi’s. Defeat disease and health will be left in its wake was the thinking of the day. What they […]

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