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Am I the only one out here who thinks both these corporations are giant Ponzi schemes? Where is the value-added?
Increasing profit margin via such things as bulk ordering and standardized formularies are trivial, and managed care negotiating advantages quickly optimize due to the fragmentation of the insurance market. The final outcome of several different megacorporations (Kaiser, MedPartners, and Physician Partners) controlling US health care (including policy, benefits, and cost) are decades away.
My bias is that funding profit strictly through growth is flying too close to the sun. So are these investments, for now. They're fun to watch, but the money goes to BMY.
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