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August 22 · Issue #19 · View online
Everything you always wanted to know about the health care system. But were afraid to ask.
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On today’s edition of the THCB Reader: Aseem Shukla challenges the Medicare-for-All debate after government-run health insurance caused the shut-down of a hospital serving inner-city populations; Steven Merahn argues that discussions around health care should be refocused to adopting a universal clinical operating framework that ensures everyone has an equal opportunity to optimize their care; and Joe Flower explains the immense power insurers hold over their members, beneficiaries, and employees, but are not aware of it just yet. In our THCB Spotlight, I speak to Jacob Reider, CEO of Alliance for Better Health, which works to reduce unnecessary or preventable acute care utilization for Medicaid members. On WTF Health, Jess Da Massa & Sakshi Chhabra Mittal, VP of Softbank’s Vision Fund, discuss Softbank’s $100 billion technology-focused fund and what criteria they are looking for from startups. Enjoy! - Matthew Holt
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Aug 20, Aseem Shukla The impending closure of Hahnemann University Hospital is a local tragedy. Eliminating a 170-year old institution is certain to exaggerate the daily travails of the economically disadvantaged inner-city population that Hahnemann serves as a safety-net hospital. The closure is also a national tragedy. Why pitch Medicare for All as a remedy when it is precisely government-run health insurance that is killing the Hahnemann and other hospitals in distress?
Aug 16, Steven Merahn Today, both Republicans and Democrats seem to spar continuously around healthcare, but whether the message is about tearing down the Affordable Care Act or about some version of Medicare (For-All, For Whoever Wants It, For America, or For Better or Worse), both parties are terribly wrong. Instead of developing better payment systems, let’s develop and commit to a universal clinical operating framework that ensures that every member of society has the same opportunity to optimize their health status.
Aug 15, Joe Flower Insurers are paying for your healthcare with your money with the premiums you pay them. The more your healthcare costs, the better their bottom line looks. It’s the buyers, who are professionally, personally, and financially aligned with their members, beneficiaries, and employees. They have traditionally been quiescent, unaware of their power, without the knowledge, the strategies, the tools to take up their power, simply paying the bills without questioning them. All it takes is for them to wake up.
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Livongo is working to #SilenceNoisyHealthcare. Visit livongo.com for more details.
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THCB Spotlights | Jacob Reider, CEO of Alliance for Better Health
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THCB Spotlights | Jacob Reider, CEO of Alliance for Better Health
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The Health Care Blog: HardCore Health Podcast
Apparently, podcasts are all the rage and minting billionaires every day! So, of course, THCB had to have its own podcast, and here it is!
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Hyperscaling: Startup Advice from Softbank | Sakshi Chhabra Mittal, VP Softbank Vision Fund
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Hyperscaling: Startup Advice from Softbank | Sakshi Chhabra Mittal, VP Softbank Vision Fund
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Catalyst @ Health 2.0 & Robert Wood Johnson Foundation:
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Catalyst @ Health 2.0 is proud to announce that the finalists of the Robert Wood Johnson Foundation’s Home & Community Based Care and Social Determinants of Health Challenges will be announced on Monday, August 26th! The three finalists from each challenge will compete in an exciting Live Pitch on September 16th, from 2:30-4:30pm, at this year’s Health 2.0 Conference in Santa Clara, CA.They will demo their technology in front of a captivated audience of health care professionals, investors, provider organizations, and members of the media. The first place winners will be featured on the Conference Main Stage, September 17th at 3:15pm. Winners will be awarded $40,000 for first place, $25,000 for second place, and $10,000 for third place.
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In this new series, Vince Kuraitis and Deven McGraw write about health data privacy & policy, and the legislation that impacts it
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We hope you enjoyed the pieces and videos we had for you today. As always, if you have a piece you would like us to consider, please email zoya@thehealthcareblog.com and if you are looking to reach 20K of the smartest people in health care on this newsletter, or 80-100K each month on the site, please think of sending some of your marketing $$$ our way! Here’s our prospectus.
Best Wishes,
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