Red Hot Healthcare

Experts estimate about 300 to 400 physicians in the U.S. take their lives every year. Physician burnout is far more than an effect of workplace stress…it’s a public health issue that threatens the U.S. healthcare system – including patient safety, quality of care, and healthcare costs. In 2011, the Mayo clinic found 45% of physicians reported effects of burnout. In 2015, that number shot up to 54%...and today…who knows? In this episode, we’ve got two top experts on the cutting edge of research and management centered on physician burnout, Dr. Paul DeChant and Dr. Diane Shannon. Their book PREVENTING PHYSICIAN BURNOUT is an eye-opening and at times stunning revelation into a major problem existing in many hospital, health system, and physician offices. We’re jumping headfirst into the heat of physician burnout – right here on RED HOT HEALTHCARE….let’s go! In this episode, Dr. Steve jumps into physician burnout with IBM Deputy Health Chief Dr. Paul DeChant and Dr. Diane Shannon on subjects including : The 3 Ma

In this episode of Red Hot Healthcare, Dr. Steve talks about: the importance of recognizing the history and limitations of the fee-for-service payment model How an economist set the stage for healthcare operating outside of free market consumer forces CMS putting the brakes on bundled programs Healthcare system vs. Healthcare business needs and values The importance of growth for providers An impending healthcare bubble...and its opportunity

Today we're talking about the future of growth for providers, who will compete for, and capture health consumers and patients. Just for S&G's (Snickers and Giggles)...do me a favor. Input only a comma on your LinkedIn search and hit SEARCH. You should come up with close to 143 Million people. Now select 'Keywords' and under the title put 'Chief Growth Officer'. Now you'll be at a little more than 1,300 finds. Select 'Hospitals & Health' under industries...and you'll be at 91. Now go through each one, weeding through all the companies that are not actual hospitals or health systems - or I can save you the time and trouble. You're at SIX. There appear just six Chief Growth Officers within all the senior leadership in nearly 6,000 U.S. hospitals and health systems. Not satisfied? OK...Google 'Chief Growth Officer Hospital' (or Health System) and start looking page after page. Not finding too much...right? A GROWING TITLE IN CONSUMER MARKETS The Chief Growth Officer (CGO) became a title back in 2004...lat

  What’s RED HOT now? Try mobile health. Today mobile health data market is worth $13.5 billion – BUT estimates place its growth near $63 billion in just 4 years… And when you think of all the companies that capture and integrate consumer and patient-generated health data, you need to think Validic. A company whose connection platform receives patient-generated health data from more than 400 major data sources that collectively reach 223 million individuals in 52 different countries. Today we have Drew Schiller – the CEO of Validic who's talking about the explosive future for mobile health data, multi-party sharing, and the big push into health consumerism. He’s connecting with us – and we’re connecting with you. Right here…on Red Hot Healthcare….LETS GO!   In this episode, Dr. Steve and Drew tap into: Why data integration can be more powerful than innovation The power of Validic's platform and offering Reading between the lines on mobile health's marketing 'spin' The relationship between mobile health and

Hey, today is July 16th - and I’m fortunate enough to be celebrating my 49th birthday. My kids wonder how much longer I’ll stay in my forties. I keep telling them, “quit rushing me…!” I’ve been privileged to interview many rock-solid healthcare and technology leaders, but this episode is very special as it touches on one of my passions. Strap yourselves in for a wild ride…because today, I’m diving deep into two powerful words:   HEALTHCARE CONSUMERS And the role they play in the future sustainability of our health system. Even with augmented intelligence, the promise of interoperability, the connecting power of telemedicine, risk mitigation and optimizing care with analytics…there's something to remember. The ground that has supported the entire healthcare system for more than fifty years…is shifting right under our feet. Healthcare service and drug prices have skyrocketed… Some hospitals are slowing up and closing down… Physicians are burning out… Insurance premiums, deductibles and patient responsibilities

Blockchain is a technology rumbling fast and furious into the business world. Many experts believe this will go beyond disruptive, creating entirely new foundations for the global economic and social systems. For many Blockchain a term with growing popularity that is often misunderstood.  That’s going to end right here…because Dr. Steve is not only going to not only bring you the easiest explanation of this incredibly powerful technology, but he will clear up many popular misconceptions…about it...AND bitcoin. Plus, learn the 5 major areas of health care that will be significantly changed when Blockchain technology truly arrives! In this episode you'll hear: The strange beginnings of bitcoin Turning your $500 investment into $20 Million Why it makes sense to keep sensitive data across millions of personal computers How Blockchain has the potential to help interoperability, security, and profitability Why companies like Wal-Mart, Amazon, Google, and Microsoft cannot invest fast enough!

  This is perhaps one of our best shows to date!  Dr. Steve interviews Dr. Tufia Haddad, breast cancer chair at the renowned Mayo Clinic. A world-class researcher whose work focuses on drug development, bio-marker discovery and transforming patient care. Perhaps her most promising work is being the physician leader for Mayo's collaboration with IBM's Watson in its Clinical Trial Matching or CTM program.  LISTEN and you will enjoy an incredible show with a plethora of in-depth insights...including: Dr. Haddad's transition from oncology into A.I. Cognitive computing blending EHR + The National Library of Medicine + patient DNA  Transforming Clinical Trial Matching (CTM) per a 1-second 'snapshot' The effect of burnout on health consumers A.I.'s miss on administration services Technology's influence on healthcare affordability What SHE feels strongly about...that many DON'T agree with her on

  Welcome to Healthcare Scrabble…and the four-letter word that’s on the minds and lips of most healthcare organization leaders today….RISK. The world of shifting, identifying, and managing risk – has come full circle to providers, payers, self-insured employers, and drug companies. And when you think about award-winning risk analytics and technology, a major player is Verscend Technologies. Today we have one of the most influential and powerful people in the business world of healthcare – Dr. Emad Rizk, President & CEO of Verscend Technologies. Dr. Rizk began his career as a physician in healthcare academics and research, then transitioned into the business aspect of healthcare. He led health consulting at Deloitte, then becoming President of McKesson Health and most recently, the CEO of Accretive Health.   He's been named one of the “50 Most Influential Physician Executives in the United States,” the “Top 100 Most Powerful People in Healthcare”, and CEO of the year on transforming businesses by AI Magaz

  Back in 1988, a son’s promise to his dying mother led to the founding of Cancer Treatment Centers of America. Today, CTCA has become a major force in leading cancer care outcomes, hospital ratings, and patient satisfaction. On today's show we welcome Kristin Darby, Chief Information Officer of CTCA. She’s going to share their unique model of culture, engagement, patient experience, and the recent transformation of their care pathway and workflow. In This Engaging Interview, Dr. Steve and Kristen Darby Discuss: CTCA's patient portal rates of 85% signup A big push to consumerism - BEFORE everyone else Employee culture as stakeholders The 'MOTHER' standard of care Their charge to delivering on precision-based advanced care The new age of Salesforce and CRM integration for results CTCA's partnering with Allscripts and NantHealth  

  America’s healthcare crisis is unsustainable – and our political leaders are fumbling with failing solutions. Finger-pointing and shifting blame is not the same as true leaders coming to the rescue with sustainable solutions. On today's episode of RED HOT Healthcare, we have a guest who has dedicated his life to opening eyes and finding those solutions. Dave Chase is a serial entrepreneur who, apart from making his mark in technology and healthcare business, is now hard charging to unleashing a mass media effort to address our growing national nightmare. Dave Chase is the Managing Director of the Quad Aim Fund, Executive Producer of The Big Heist and co-founder of the Health Rosetta Institute. He’s spoken at TED and is the author of the book, The CEO's Guide to Restoring the American Dream. Prior to this, Dave was the founder for what eventually became Microsoft’s healthcare business unit – with more than $2B in yearly revenue. He also founded Avado, which was eventually acquired by WebMD.   In this Red Ho

Healthcare innovation thrives with Johnson & Johnson Innovation JLABS. Five years in, they have nine facilities in the U.S. and Canada, more than 160 healthcare technology startups brewing, and have had numerous commercial successes. Today, we have a very special guest - Melinda Richter, the Head of Johnson & Johnson Innovation JLABS. An incredible entrepreneur who carries the pulse of healthcare innovation in her own blood. An incredible story of meager beginnings, teetering on the edge of mortality, as well as her push to take new innovators and powerful healthcare technology to the next level. Engaging, exciting, and right here…on RED HOT HEALTHCARE…let’s go! In this ear-opening episode, Dr. Steve and Melinda discuss: Abundance from Scarcity  Bitten by the Bug in Beijing The story of JLABS Two Average 'Joes' NYC is rockin' with JLABS Innovation on Healthcare's Front End

Jitin Asnaani has always carried an innate sense of passion and purpose. He's gravitated to roles and opportunities pitting him against hard, interesting problems deemed 'worth solving'. These include juice-flowing endeavors such as ecology, renewable energy, and of course health care. He refers to these challenges as blending both a 'bleeding heart' and a 'bleeding edge'. Asnaani is now the Executive Director for the non-profit CommonWell Alliance. A growing non-profit effort, whose member growth is skyrocketing. Their goal is to deliver full health data interoperability into the U.S. health system. CommonWell's efforts have proven fruitful thus far - capturing nearly two-thirds of the acute care EHR and one-third of the national ambulatory markets. The value of this mission cannot be understated. As our healthcare system moves into outcome-based care, greater risk comes to providers and hospitals. Beyond the need for reimbursement, providers must demonstrate quality of care improvement, efficiency increase

"The transformation to precision health and patient-centered care BEGINS with Intel." - Jennifer Esposito                                                                           Head of Intel Global Health & Life Sciences   Transforming today’s health care means leveraging new digital technology and capabilities. That means all hands on deck – especially where scalability, computerization and speed is concerned; and when you think of those terms – you have to be thinking of Intel. Today we speak with the head of Intel’s Head of Global Health and Life Sciences, Jennifer Esposito. It’s all about the power of tomorrow’s technology and health care…right here on Red Hot Healthcare.  Let's GO!   In this Red Hot Healthcare episode, Dr. Steve and Jennifer Esposito discuss: Intel's quad component business strategy per sustaining its growth and wide net in health care Successful partnering with, and thoughts on precision medicine, pharmaceutical, and genomic companies AI and machine learning in clinical and

His company is tackling a $300 billion per year problem of healthcare waste - with a powerful technology and the ease of two little numbers. Pinaki Dasgupta is a visionary health tech entrepreneur and a passionate advocate of Artificial Intelligence (AI) technology to improve healthcare. He has a successful record of accomplishment with incubating new ideas, launching new businesses and gaining significant revenue in early ventures. Today, Pinaki is going to discuss about his company Hindsait – a healthcare technology company that uses artificial intelligence and predictive analytics to reduce unnecessary healthcare spend in the U.S. – a problem estimated to cost more than $300B per year. In this Red Hot Healthcare episode, Dr. Steve and Pinaki discuss: The process involving Hindsait's unique algorithm How a 'zero-to-one' perspective keeps payer operations simplified The challenges of large payer adoption Other business sectors for use  

Imagine Losing Your Vision...Now Imagine You Might Have NEVER Had To Life can be a great teacher...though recovering from some of its lessons can be hard. Take retinopathy - the leading cause of blindness for working age Americans between the ages of 20 and 65. The leading cause of this condition is diabetes, growing rapidly to nearly 30 million Americans. Two big surprises: First is that 90% of all retinopathy-related blindness can be detected early by a simple test; and treated successfully with medication. Second is that less than 50% of all diabetic patients ever get the yearly test in the first place. That's just in America - add on top of that nearly 400 million diabetic individuals worldwide. How many people will lose their good vision and perhaps entire sight needlessly? That became the impetus for Intelligent Retinal Imaging Systems or IRIS. Recently at HIMSS17, I had the opportunity to meet and speak with Jason Crawford, the CEO of IRIS. Their powerful retinal scanning technology, coupled with impr

The value-based care train is a comin’ – and estimates point to only 8% of all health systems as ready for the CMS’ changes in risk shifting and care payment. More than that - the quality of communication in transitioning patients into post-acute care is often dismal. One medical expert recently stated the unsettling reality…that veterinarians often take more time in discharging pets, than care facilities do with their patients. Today we speak with Clay Richards, the CEO of naviHealth - one of the major leaders in post-acute care coordination. His company’s network carries 20% of all hospital discharges nationally, and he’s here to share some major insight and solutions. It’s right here on Red Hot Healthcare.  In this episode Dr. Steve and Clay discuss: Today's high waste levels in post-acute care Key predictor data in driving best care Poor risk adjustment in post-acute bundling The dilemma of provider 'cherry picking' naviHealth's powerful blend of patient engagement, timing, and technology    Please su

Prognos is a healthcare technology company using AI and advanced analytics. More than 7 Billion data points, 135 million patient files, and 500 proprietary algorithms put into play to drive early detection of chronic and ID-delayed diseases. Merck is onboard with investment…Cigna has rolled it out…and we have their CMO Dr. Jason Bhan with us today. In this episode, Dr. Steve and Dr. Bhan discuss: The power of Prognos' AI platform and risk-assessment engine Prognos vs. IBM's Watson A wide reach into life science, payer, and diagnostics industries Their bold new approach into early disease detection

Estimates are that in the next 12 months, 40% of the U.S. workforce will in some way be participating in the freelance economy. First AirBNB, then UBER…and quickly stepping up are Patient Influencers. WEGO Health is leading this effort, tapping into more than 1 million network participants; and more than 100,000 valuable, and well-connected patient influencers who have personal, healthcare, and social network experience with 150+ diseases. On this episode of Red Hot Healthcare, Steve interviews WEGO Health's Chief Strategy Officer David Goldsmith. He has been an instrumental part in the company's recent offering of a next-generation smart platform. In this podcast interview, Steve and David discuss: A CEO's vision of patient influencer value and contribution The power of WEGO's patient influencers to Big Pharma challenges An 'AHA' moment in filling multi-industry demand WEGO's new 'low-friction' patient expert platform The ability of so many individuals to give back and grow personal income

Today we have a special in-depth episode on consumer and patient engagement - given by Dr. Steve Ambrose, founder and host of Red Hot Healthcare. For over 20 years, he was able to successfully and personally engage with thousands of self-pay patients, getting them to stay, pay, and refer others.  Dr. Steve presents tremendous insight and gems for hospitals, health systems, providers, payers, consultants, and healthcare technology vendors.  This powerful episode includes: Core tenants of engagement The damage of confirmation bias Patient affordability and valuing care Volume, initial engagement & activated patients The power of negotiation and empathy

Employee wellness has become FAR MORE than ‘motivate and lose quick weight’. It’s now tied into analytics, mhealth apps, improving quality hires, and complete company cultures. Sir Richard Branson's Virgin Pulse has a strategic application that is so popular, its users use it more than Pinterest and even Linkedin! In this episode, Steve meets with Dr. Rajiv Kumar. He is the Chief Medical Officer of Virgin Pulse, and President of the Virgin Pulse Institute. In this ear-opening episode, they discuss: Analytics and insights from Virgin Pulse's collection of 7 Billion data points per month Clients who through the service, have vastly lowered work comp injuries and increased worker productivity as much as 49%. 'Traditional Wellness' vs. 'Strategic Well-being' The new era of connecting wellness with employee benefits, talent management, and employee engagement success