In episode 495 titled 'Wait. Flip that. A Crazy Revelation I Had About Trying to Fix US Healthcare,' host Stacey Richter speaks with Dr. Mick Connors, an emergency room pediatrician and healthcare entrepreneur, about a groundbreaking insight into the US healthcare system.
They discuss the paramount need to flip the way healthcare costs and outcomes are measured: moving towards unit-level cost accounting and whole-patient or whole-community outcomes assessment. The episode delves into the fundamental pitfalls of the current healthcare structure, emphasizing the misalignment between cost aggregation and patient-level outcome measurements. They explore the challenges faced by physicians in the current system, the role of investor mindsets, and the importance of dyad leadership and mission-driven practices to improve overall healthcare value.
=== LINKS === π Show Notes with all mentioned links: https://cc-lnk.com/EP495
π Visit this week's sponsor Payerset: https://payerset.com
βοΈ Enjoy this podcast? Subscribe to the free weekly newsletter: https://relentlesshealthvalue.com/join-the-relentless-tribe
π« Support the podcast with a small donation to the Tip Jar: https://relentlesshealthvalue.com/join-the-relentless-tribe
π€ Listen on Apple Podcasts https://podcasts.apple.com/us/podcast/feed/id892082003?ls=
π€ Listen on Spotify https://open.spotify.com/show/6UjgzI7bScDrWvZEk2f46b
πΊ Subscribe to our YouTube channel https://www.youtube.com/@RelentlessHealthValue
=== CONNECT WITH THE RHV TEAM === β LinkedIn https://www.linkedin.com/company/relentless-health-value/ β Threads https://www.threads.net/@relentlesshealthvalue/ β Bluesky https://bsky.app/profile/relentleshealth.bsky.social β X https://twitter.com/relentleshealth
06:32 How Dr. Mick Connors defines margin.
08:18 EP294 with Steve Schutzer, MD.
08:54 Why nobody wants to do cost accounting in healthcare.
09:20 EP490 with Shane Cerone and Sam Flanders, MD.
11:05 Infographic by Andrew Tsang showing streams of income.
12:27 What is the value equation?
15:55 EP404 with Suhas Gondi, MD, MBA.
15:59 EP466 with Vivian Ho, PhD.
16:01 EP482 with Preston Alexander.
16:25 EP474 with Yashaswini Singh, PhD.
17:44 How business decisions can really undermine the value proposition.
18:58 Classic article on incentivizing.
23:07 EP295 with Rebecca Etz, PhD.
24:21 Why it comes down to the 80/20 rule.
26:31 EP445 with Tom X. Lee, MD.
26:35 EP460 with Rushika Fernandopulle, MD.
26:40 Why mission return requires dyad leadership.
27:13 What does dyad leadership mean?
27:33 EP492 with Sam Flanders, MD, and Shane Cerone.
