4min chapter

The Joe Walker Podcast cover image

The Race That Stopped The Nation — Richard Holden & Steven Hamilton

The Joe Walker Podcast

CHAPTER

The Importance of Ordinary Time

In ordinary times, somebody who's in charge of purchasing like insulin for the pharmaceutical benefit system can get a 3% saving on the exact same supply. And so I think purchasing kind of a boring job is super important. If we overpay quote, overpay for COVID vaccines, but we get them faster, we get one that works, we gets one that works faster,. We get one that's got higher efficacy than another one. You know, just let's think for 10 seconds about how much value that creates and then you just stop thinking about 2%, 3%, this or that. So again, this spectacular failure to appreciate the magnitude of appreciating the cost analysis is the reason we

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