News Summary

• Billionaire entrepreneur and investor Mark Cuban thinks America’s healthcare industry is broken.
• He launched Cost Plus Drugs in 2022 to pull back the curtain on drug pricing.
• Cuban: “No one looks at the financial side of healthcare and says, ‘This is the way it should work,’” The former “Shark Tank” host and minority owner of the Dallas Mavericks basketball team explained the root of the problem on the Equity podcast.
• “They price to market; we price based off of cost,” he said.