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16Mar, 2023

How Will Artificial Intelligence AI Impact Healthcare? (Part 1)

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It is nearly impossible to read any business news without running across the new ways that the OpenAI® ChatGPT® 2023, that is being used by both professional and non-professionals, in many fields. This is making people from schools to boardrooms think of its potential applications. We see this as an inflection point in both the development of the technology and its use by nearly all Americans. We even used it in our last blog and asked it, “What are the financial and operational challenges faced by US physicians in 2023?” […]
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8Mar, 2023

U.S. Healthcare Challenges and Opportunities in 2023 (Part 3)

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2023 U.S. Healthcare Projections (with help of ChatGPT® Part 3) Healthcare Providers (primarily doctors , nurses, and clinicians) in the U.S. are in the middle of a crisis that is unprecedented in the last 50 years. This crisis has resulted from a veritable “perfect storm,’ events that have never manifested themselves simultaneously. The author, Nassim Nicholas Taleb would call it, a “Black Swan” – the result of rare events impossible to predict that can have a deep and lasting impact on individuals, businesses, and societies. I’d say that pretty well […]
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2Mar, 2023

2023 U.S. Healthcare Projections (Part 2)

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U.S. Healthcare Challenges and Opportunities in 2023 In Part 1, we mentioned that a future blog would address the challenges facing hospitals, providers, and consumers. We will add payors, or insurance companies to that mix, because some are doing amazingly well, and some are not. In Part 2, we will focus our remarks on hospitals. Of all the segments of healthcare in the USA, the challenges faced by acute care hospitals in America is overall the most severe. Hospitals are important because they are on the front-line for saving lives […]
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17Jan, 2023

U.S. Healthcare Challenges and Opportunities in 2023

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2023 U.S. Healthcare Projections (Part 1) We have witnessed an unprecedented three (3) years in healthcare directly attributable to the COVID-19 pandemic.  The U.S. healthcare system is adjusting to get back to normal, which begs us to ask exactly what is “normal” now? We are in the middle of the largest work force shifts as one of the most productive generations are ‘aging out’ and beginning to collectively increase their consumption of healthcare. These Baby-Boomers that have collectively been the innovators, entrepreneurs, and driving force of economic growth began in […]
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18Nov, 2022

Breaking News: FTX Cryptocurrency Exchange Implodes In Less Than 1O Days

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Breaking News: FTX Cryptocurrency Exchange implodes in less than 1O days, wiping out 100s of billions of dollars for an estimated 1 million stakeholders. We have just witnessed the collapse of FTX[1], an international Cryptocurrency exchange, that until recently, was run by Sam Bankman-Fried (SBF) from a base in the Bahama’s. We have seen the headlines everywhere[2] reminiscent of the implosion of Theranos. “FTX” and the news is overwhelming. In short, regulators and governments from all over the world are investigating over 100 companies affiliated with FTX for criminal violations. This […]
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9Nov, 2022

Breaking News: CMS Published Its Annual Payment Updates for Physicians for 2023

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Breaking News: CMS has published its annual payment updates for physicians for 2023, and once again, reimbursements are cut by 4.5%. On November 1, 2022, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that includes updates and policy changes for Medicare payments under the Physician Fee Schedule (PFS), and other Medicare Part B and Part D issues, in particular relating to drug cost, effective on or after January 1, 2023[1]. As we have noted in previous blogs, the days of Fee-For-Service (FFS) are going to be […]
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26Oct, 2022

The Economics of Healthcare – Part 12 

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We are finally seeing some ‘Big Players’ entering the healthcare delivery of care. A few years back, when Haven Health was created by Jaime Dimon (JP Morgan), Jeff Bezos (then CEO of Amazon) and Warren Buffett (CEO of Berkshire Hathaway), we predicted it would not work. Well, three (3) years later they dissolved the company. The reason we predicted it would not work was primarily two (2) reasons. First, the healthcare industry did not need another Group Purchasing Organization or GPO. Second, their mission of “changing healthcare” was impossible, unless […]
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