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Continuing the Conversation
With your hosts Jeff Kanter and Dr. Robert A. Campbell
Matt McCord, MD
On 10/27/21 we had with us Matt McCord, MD, the founder of Health Value Solutions.
Every Wednesday your Freedom Hub (founded by Jeff Kanter and Charles Frohman) hosts two Zoom calls. One is at 4pm, the other at 7pm. The 4pm call is eclectic (often regarding our liberties…or disappearing liberties) and the 7pm usually is centered around practitioners who use a cash-based practice and what they do. These are recorded and archived. There are over 90 to date!
How "Fair Trade" Biz Benefits Can End the Opioid Epidemic
In the ten years since the Affordable Care Act, we have seen no real movement to value that the famous law promised. Further, Bloomberg wrote “take home wages have stagnated for more than 40 years because employers shell out so much more for worker health insurance.” Health care is eating wages.
To add insult to injury, one common cost saving strategy employed by employers is shifting more of these rising benefit costs onto workers in the form of copays and deductibles. Workers cannot afford these added out of pocket liabilities. Consequently, they avoid care which makes them "functionally" uninsured.
There is a movement of enlightened Benefit Advisors, called the Health Rosetta, that eschews the status quo arrangements and business models. To help employers buy care like the largest corporations in America, these new strategies include Advanced Primary Care, a value-based reimbursement environment, and high-performance specialty services. This allows employers to buy on value, save money and improve their worker’s health and care experience.
A tragic example of our broken US healthcare system is our opioid crisis.
This is a uniquely American problem 30 years in the making. This has claimed at least half a million lives and half a trillion dollars. It has eroded the blue-collar workforce to the breaking point. Opioid dependence begins, innocently enough, with a doctor’s prescription. Solving this crisis will require a multi-pronged effort AND it should start where it begins; by minimizing opioid use in acute care.
Opioid sparing and opioid free surgery may be a great opportunity for providers to engage directly with employers and enter High-Performance Specialty Care or Centers of Excellence care arrangements. There is much interest in opioid free or sparing surgery programs from large buyer organizations. What providers will step forward and provide this advanced care?