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Author: Steve Ditto

Steve Ditto is a healthcare executive, author, and advisor with more than 30 years of experience across employer health benefits, PBM contracting, healthcare analytics, digital health, physician performance, and health systems science. He is a Board Advisor to Nautilus Health Institute, a Fellow at the Thomas F. Frist, Jr. College of Medicine, leads Contract X-Ray, and is the author of The Middleman’s Cut and the weekly newsletter of the same name.
A Year of Writing. A Year of Purpose. Welcome to Issue #52

A Year of Writing. A Year of Purpose. Welcome to Issue #52

December 7, 2025December 16, 2025 Steve Ditto

A Year of Writing. A Year of Purpose. Welcome to Issue #52 - A Milestone to Celebrate! 52 Week Giveaway Every Monday morning for the past…

Post read time 4 min read
Legal Doesn’t Mean Ethical

Legal Doesn’t Mean Ethical

December 1, 2025December 16, 2025 Steve Ditto

Legal Doesn’t Mean Ethical Fiduciaries Should Know the Difference Executive Brief Let’s say the quiet part out loud:Rebates take money from sick employees and help discount…

Post read time 6 min read
Whose Money Is It, Really?

Whose Money Is It, Really?

November 24, 2025December 16, 2025 Steve Ditto

Whose Money Is It, Really? The Rebate Dilemma Why fiduciaries must confront the conflict no one talks about Executive Brief It's Not About Percentages. It’s About…

Post read time 4 min read
The Rebate Trap

The Rebate Trap

November 17, 2025December 16, 2025 Steve Ditto

The Rebate Trap Why Employers Won’t Let Go And Why Fiduciaries May Not Have a Choice Much Longer Executive Brief Rebates have become the duct tape…

Post read time 5 min read
The PBM Breakup Letter

The PBM Breakup Letter

November 10, 2025December 2, 2025 Steve Ditto

The PBM Breakup Letter Employers Are Moving On Employers are finally deciding to end their toxic relationship with PBMs that overpromise and underdeliver. It's Not Us.…

Post read time 3 min read
Blueprints and Benchmarks

Blueprints and Benchmarks

November 3, 2025December 2, 2025 Steve Ditto

From model clauses to measurable proof, Nautilus is turning transparency into a standard everyone can trust.

Post read time 4 min read
How Collective Action Fixes a Broken System

How Collective Action Fixes a Broken System

October 27, 2025December 2, 2025 Steve Ditto

How Collective Action Fixes a Broken System The Fiduciary Network Effect Most employers still approach fiduciary reform as a solo project: negotiate with the PBM, fix…

Post read time 3 min read
$45 Billion Biosimilar Wake-Up Call

$45 Billion Biosimilar Wake-Up Call

October 20, 2025December 2, 2025 Steve Ditto

f you don’t control your biosimilar strategy, your PBM will — and you’ll still be paying brand-name prices for generic drugs.

Post read time 4 min read
Twelve Steps of Fiduciary Recovery

Twelve Steps of Fiduciary Recovery

October 13, 2025December 2, 2025 Steve Ditto

Twelve Steps of Fiduciary Recovery Breaking Free From PBM Dependency Executive Brief Fiduciaries Anonymous is now in session. The first step to fixing your health plan?…

Post read time 3 min read
Transparency, Tested

Transparency, Tested

October 6, 2025December 2, 2025 Steve Ditto

What Happens When “Transparent” PBMs Fail A Fiduciary Audit

Post read time 3 min read

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