Mark Cuban Cost Plus Drugs expands partnership with hospital operator

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Community Health Systems' 71 hospitals can now buy more generic medicine from Dallas startupDallas Mavericks team owner Mark Cuban celebrates late in the second half of an NBA basketball game against the Houston Rockets in Dallas.7:37 PM CDT July 1, 2024

The Franklin, Tennessee-based hospital operator originally partnered with Cuban's Cost Plus Drugs in March, agreeing to purchase norepinephrine and epinephrine — both of which have been listed in short supply recently by theThrough the expansion of the partnership, Community Health Systems-affiliated hospitals will now have be able to purchase 12 drugs from the Cost Plus Drugs Market, including a variety of antibiotics, nausea medications and other pharmaceuticals.

The Cost Plus Drugs Marketplace offers hundreds of common medications at discounted prices to make hard-to-find drugs more affordable. According to the announcement, Cost Plus Drugs charges a 15% mark-up on the cost of each drug — it currently offers 2,500 generic drugs, up from its initial 1,000 since its launch in 2022.

 

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