Physician and New Yorker writer Dhruv Khullar argues that modern medicine is in a Gilded Age—one where groundbreaking innovations mask deep systemic issues, including misaligned incentives, escalating costs, and growing dissatisfaction. From the influence of private equity on healthcare to the flaws of Medicare Advantage and the crucial role of data as the ‘oil’ of the healthcare system, this conversation explores the challenges of contemporary medicine while underscoring the importance of frontline clinicians actively engaging in health policy debates.

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