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THCB Reader - Issue #26

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THCB Reader

October 10 · Issue #26 · 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: Sai Bala argues that the medical education system needs a thorough reevaluation because for a physician today, medicine is far beyond resolving complex medical situations, and demands a higher understanding of finance and legal theory; Claudia Williams suggests that DC regulators will need a lot of help from the front line innovators to improve health information exchange & health care quality after the HHS advanced ambitious policies to make interoperability a reality; and Saurabh Jha parallels Cassandra’s predictions of the Trojan War to AI and deep learning algorithms, stating that prediction is medicine’s Greek Tragedy: it is useless, causing imprecise action that responds bluntly to imprecise information. On Health in 2 Point 00, Jess and I discuss the new advances in fertility, with Progyny filing for an IPO and Natalist raising $5M for their care boxes to help women get pregnant, and we also talk about Jess’s conspiracy theory that Walmart is sneaking into all aspects of health tech. On the WTF Health Show, Jess interviews Grahame Grieve, “the Father of FHIR” who architected health care’s best shot at EMR data interoperability when he founded HL7’s Fast Healthcare Interoperability Resources (FHIR). Also, be sure to give our HardCore Health Podcast episodes a listen below. Enjoy - Matthew Holt

Oct 10, Sai Bala
It is high time to recognize that being a shrewd clinician is no longer a sufficient product for the demands of the healthcare market today. The scope of medicine today for a physician has gone far beyond resolving complex medical problems, and demands a higher understanding of multidisciplinary skill sets, most important of which are finance and legal theory. In these aspects, the US medical education system direly under-prepares physicians, and thus requires a thorough reevaluation.

Oct 9, Claudia Williams
Robust exchange of health information is absolutely critical in improving health care quality and lowering costs. In the last few months, government leaders at the US Department of Health and Human Services (HHS) have advanced ambitious policies to make interoperability a reality. Overall, this is a great thing, but there are places where DC regulators need help from the frontlines to understand what will really work. With the comment periods now closed, here’s a high-level look at what lies ahead.

Oct 7, Saurabh Jha
Despite an area under the ROC curve of 1, Cassandra’s prophecies were never believed. She neither hedged nor relied on retrospective data – her predictions, such as the Trojan war, were prospectively validated. In medicine, a new type of Cassandra has emerged—AI and deep learning algorithms who don’t know for sure but act, and act in vain. Prediction is medicine’s Greek Tragedy. At the end of the day, prediction is useless, causing imprecise action that responds bluntly to imprecise information.
Livongo is working to #SilenceNoisyHealthcare. Visit livongo.com for more details.
“Making Participatory Medicine Real” is the 3rd annual S4PM conference  10/15 in Boston, MA! Great organization, great conference, only $100! (with membership)! Check it out above!
Health in 2 Point 00, Episode 97 | Walmart and Fertility
Health in 2 Point 00, Episode 97 | Walmart and Fertility
The Father of FHIR 🔥 & Healthcare’s Big Chance at Interoperability | Grahame Grieve
The Father of FHIR 🔥 & Healthcare's Big Chance at Interoperability | Grahame Grieve
The Health Care Blog The Health Care Blog
In this series, Vince Kuraitis and Deven McGraw write about health data privacy & policy, and the legislation that impacts it
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.

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