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THCB Reader -- May 22, 2021

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THCB Reader

May 22 · Issue #114 · View online

Everything you always wanted to know about the health care system. But were afraid to ask.


This week on THCB Reader, Mike Magee discusses an economic argument for universal health care and Kim Bellard reflects on Tax Day and the analogous drudge of complex paperwork in health care. I’ve also got a written interview with Evidation Health co-CEOs, Christine Lemke and Deb Kilpatrick. 
We have one episode of Health in 2 Point 00 this week, where we discuss some massive deals including Lyra raising yet another $200 million. On WTF Health, Jess DaMassa talks to Komodo Health’s co-founder and CEO ARif Nathoo about machine learning and what’s really happening with big data in health care.
Meanwhile, on Thursday’s episode of THCB Gang, was just me and futurist Ian Morrison (@seccurve). A really wide ranging conversation between old friends and a whole lot of fun! Click here to see it.
And of course to listen any time you can subscribe to #THCBGang and #Healthin2Point00 podcasts with an easy click on Apple or Spotify.

In this week’s health care tidbits, it’s a case of deja vu all over again. Last year Wendi C. Thomas at MLK50: Justice Through Journalism & Propublica exposed Methodist Le Bonheur Healthcare for suing poor patients (including its own employees!) because they couldn’t pay their outrageous bills. Then Kaiser Health News’ Jay Hancock and Elizabeth Lucas showed that the state-owned University of Virginia Medical Center was putting liens on the property of tons of its poor and middle income patients and–despite saying that they were gong to put a halt to it–they were still at it late last year.
Were you worried that America’s for-profit hospital chains were being outdone by their non-profit brethren getting after all those low-income sick deadbeats? Fear not. CNN’s Casey Tolan found that Community Health Systems, an 80 hospital chain that often owns the only hospital in town in much of rural America, managed to sue an amazing 19,000 patients since March 2020. No pandemic is going to be stopping them! Meanwhile in that time they received $400m in taxpayer support and in 2019 paid their Chairman $6m. So capitalism is alive, well, and stupidly uncaring in American for-profit health care sector too!
Follow me on Twitter @boltyboy and THCB at @thcbstaff for more similar insights/nonsense (and even the occasional sensible idea)! Enjoy! – Matthew Holt
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May 21, Mike Magee
Picking up on current commentary from economists Paul Krugman and Larry Summers, Mike makes an argument for universal health care. “Secular stagnation” suggests a reluctance to invest in the immediate future. If unchecked, it can lead to a prolonged period of deflation and hardship. The solution, then, is to spend and spend big—with universal health care and infrastructure projects as the top priorities. 
May 19, Kim Bellard
Nothing, Benjamin Franklin famously said, is certain but death and taxes, but if you live in the United States, you might add the inevitability of paperwork involved with both (and with healthcare in general). Following this week’s tax deadline, Kim comments on the sheer complexity of healthcare paperwork and documentation. 
May 20, Matthew Holt
Over the last few weeks I’ve been conducting a back & forth email interview with Christine Lemke & Deb Kilpatrick, the co-CEOs of Evidation Health. They raised $153 million in a Series E back in March (almost a small round these days!) but I wanted to understand a bit more about what the “new” Evidation was doing. 
One Drop is reimagining chronic condition care. Learn more at getonedrop.com
One Drop is reimagining chronic condition care. Learn more at getonedrop.com
#Healthin2Point00, Episode 209 | Funding for Lyra, DrFirst, Jasper Health & Cue Health
Komodo Health’s CEO on $220M Series E & What’s REALLY Happening with Big Data in Healthcare
Hope you enjoyed the newsletter. As ever let me know if you have any comments or want to sponsor/advertise–this newsletter doesn’t write itself but about 17,000 people get it and 80-100K visit the blog every month!
Matthew Holt
Matthew Holt
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