The SelfPay Sentinel reposted this
Our healthcare system is a wild success For all these folks: Private equity firms Insurance companies Mega health systems Hedge fund managers Medical device companies Pharmaceutical companies Traditional insurance brokers Pharmacy benefits managers Clearing houses and processors Medtech and healthtech companies Contractors building new surgery towers But what about everyone else? Physician assistants Nurse practitioners Physical therapists Pharmacists Physicians Patients Nurses And everything else? Quality Access Outcomes Affordability Healthcare is a smashing financial success But at what cost? P.S. If you want to see what's fueling the financial success of the healthcare system, you'll be very interested to know that it's all we talk about at The Healthcare Breakdown (plus the hot button pop culture topics you care about most - that's right... Taylor and Travs) Check it out here: https://buff.ly/47NeASx See you out there!
As we speak….. Walgreens to close 1200 stores. Where is the $4.5T going??
Preston Alexander Healthcare edifice did not start off as a true free market enterprise or a true social program. After WW2, government and private enterprise (investors) came together, created a structure by a process that included removing thorny policies such as the antitrust laws and since then the true customer of healthcare system have been the lawmakers who could harvest votes from the base politically divided on the how. The result beautifully summarized by you is not surprising. Can we start all over again as if WW2 never happened (only for this purpose)? Can we re-define the customer?
Your post hits hard on the truth—financial success is evident for the big players, but the trade-offs are glaring. From the conversations I’ve had with concierge and direct primary care providers, it’s clear they’re stuck between maintaining quality care and navigating this complex system.The disconnect between financial gain and real patient outcomes speaks volumes. Personalized care models are often left trying to bridge the gap between efficiency and compassion, with fewer resources and more hurdles.How do you see emerging health tech playing a role in leveling this field, especially for those in the trenches of patient care?
What's interesting about the list...at the top are types of organizations. Types of caregivers are at the bottom. Food companies need to be included into the list. They are engineering food products to become more addictive and profiting, while at the same time driving up obesity, DM, and other chronic conditions. Some additional food for thought, each of these organizations has a different term they use for us; a patient, a member, a consumer. I think of myself as a person.
I agree with everything you said, however you didn’t include Licensed MH Clinicians, Associate Clinicians (ie Licensed Clinical Psychologists, LCWS’s, LMFT’s, etc). It’s important that MH is included in every conversation concerning healthcare as well as the issue that continue to plague our healthcare delivery system.
Patient care is the cost, we don't want people well - it's a sick care system driven by sales not health. #medicalcorruption
Agree - and FWIW using Healthcare as an 'economic stimulus' is as morally corrupt as doing the same in the 'defense industry.' 2 thumbs down
I feel like you've done the analysis on this too before, but really it's a wild success financially for like 87 people the rest of us are just trying to figure out how to rollover a 401k not the exact ways to hide money in a Roth for a tax-free yacht 🤣
[Financial] Success for whom? Cost(s) for whom? Seems to me that the necessary parties (patients and providers) are not seeing that success...
Medical Practice Ops ǀ GC Attorney ǀ Professor ǀ Law Textbook Author
2moFeels like patients should be at the top of the wild success list, but that’s not our reality…