Victor Roy, MD PhD
@victorroy
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physician, sociologist, health equity builder | health + political economy project | book: Capitalizing a Cure (UC Press, 2023), https://t.co/30S8e8Ighu
Philadelphia
Joined May 2008
*new essay* in @NEJM, "The Financialization of Health in the United States". Grateful to have co-authored with @Joe_Bruch and @ColleenGrogan5.
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Last Thursday, we convened a roundtable in New Orleans on the harms of healthcare consolidation. Healthcare professionals, policy experts and patient advocates from Louisiana and across the country all agreed: it’s time to #BreakUpBigMedicine. Some highlights👇🧵
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@JosephHarrisBU @GHPPodcast @AmherstCollege @jallicia @UCDavisHealth @2docs2furious @lehighCOH @Eduardo_J_Gomez @JHUPress @themrise @DarajaPress @ihmjhu @stanfordpress @TimothyWSchwab @MacmillanUSA @NUAnthro @Ethnography911 @UMinnPress @UCRPoliSci @dadakim @berkeleysocio @georgetownsfs @mendenhall_em @VanderbiltUP @BrownUPoliSci @Prof_PSingh @Brown_SPH @BUSPH_GH @AccountLab @PoliticsAtPenn How does finance control the price and value of medicine? @JosephHarrisBU talks to @PennMedicine's @victorroy in the newest episode of the @GHPPodcast. Listen to the full episode here: https://t.co/z8El6CLzI0
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Beautiful evening celebrating Dr. @reshmagar, recipient of The Bernard Lown Award for Social Responsibility for her work promoting equitable access to medicines, mobilizing physicians nationwide to challenge pharmaceutical industry influence, and advancing legislative reforms
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At the end of the day, your view on the House reconciliation efforts is a question of priorities. Are tax cuts, overwhelmingly for those with the highest incomes, a higher priority than health coverage for 10+ million people with the lowest incomes? https://t.co/uwULtG0viu
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Still wild to me that some are talking about a proposal that would increase the number of uninsured by 9.5 million (the 7.7M + 1.8M below) as moderate.
Great new visual from @KFF breaking down how nearly 14 million more people would become uninsured if Congressional republicans are successful.
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How can we rebuild our political economy to uplift the health and wellbeing of all Americans? Join us on April 1 at @TheNewSchool to explore the health investments and policies, power-building strategies, and narratives we need to see real change. RSVP: https://t.co/SctPxZd7D2
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How we organize our political economy shapes our health. The Institute's #HPEP team and @Health_Affairs Scholar are thrilled to release a new article series exploring solutions—from social insurance to community care. Explore the series: https://t.co/j5R6CZ4x6k
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Thrilled to contribute to this series on political economy & health. Amid growing concern about private equity & corporate medicine, we explore existing forms of public provisioning—& we argue for building on these public options as part of a post-neoliberal health agenda 1/x
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Please join us for the @FASPEnews @MacLeanEthics joint symposium "Business and Medical Ethics: Ensuring the Primacy of Patient Care" featuring keynote speaker @DhruvKhullar - Saturday March 8th at the Gleacher Center in Chicago Registration link in the next post👇
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The Trump admin appears poised to double down on one of Washington’s most entrenched orthodoxies: value-based payment (VBP) and its ideology of managed care. @Andy_Ryan_dydx and I argue this is a mistake. It’s time for a new agenda in Medicare. 1/x
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NEW: Today, we launched our #BreakUpBigMedicine initiative alongside @RepAuchincloss, @BedoyaFTC, @A_Ciaccia, doctors, small businesspeople, and patients from across the country. It's time to unite the millions of Americans who are fed up with corporate power in healthcare.👇🧵
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The FDA fired the head of medical device safety. Devices already are barely tested, and now this agency is getting even slimmer. Oh, btw, Elon Musk’s company Neuralink has a strained relationship with the device center. Read more from @LizzyLaw_:
statnews.com
The cuts hit the FDA's medical device center particularly hard, including reviewers and experts on AI-enabled medical technology.
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1/ After residency at Mass General Hospital, I reported to Atlanta to meet my fellow CDC Epidemic Intelligence Service Officers. I have never felt so intimidated by my peers The best and the brightest, they were star clinicians, had served in disaster zones; MD/PhDs and MSF.
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The abrupt terminations of more than 1,000 employees, including new Epidemic Intelligence Officers, across CDC are deeply disturbing. For more than 70 years, EIS officers have served on America’s front line as its disease detectives, ready at a moment’s notice to respond to
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And my book on pharma and drug pricing specifically, Capitalizing a Cure: How Finances Controls the Price and Value of Medicines. (avail open-access @ucpress )
ucpress.edu
Scholarship is a powerful tool for changing how people think, plan, and govern. By giving voice to bright minds and bold ideas, we seek to foster understanding and drive progressive change.
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A recent op-ed in @usnews
usnews.com
The problem is health care companies are putting shareholders over patients.
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"The Financialization of Health" in @NEJM last year
nejm.org
What do new forms of financial-sector ownership and influence in the U.S. health care system, with their emphasis on short-term profit growth, mean for patients’ health and pocketbooks?
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This is all part of a broader trend of the "financialization" of health that I've described in a few places --->
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Such payouts can come at the expense of enhancing affordable healthcare access, advancing research and development, and improving patient care. For more context, check out Lazonick's classic Profits without Prosperity in Harvard Business Review:
hbr.org
Though corporate profits are high, and the stock market is booming, most Americans are not sharing in the economic recovery. While the top 0.1% of income recipients reap almost all the income gains,...
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