Episode 25: The Hidden Gold in Healthcare Labs—Revolutionizing Diagnostics and Patient Care

 

In this must-listen episode of Boombostic Health, Bradley Bostic is joined by healthcare innovation experts Jeff Myers and Matt Martocci to uncover the untapped potential of healthcare labs. Together, they discuss how labs are evolving from overlooked assets to strategic powerhouses driving better patient outcomes, operational efficiency, and groundbreaking preventative care.

 

What You’ll Discover:

• The rise and fall of offsite core labs: Why history is repeating itself and what it means for the future of healthcare systems.

• The battle for lab dominance: Hospitals vs. physician-owned group practices—who’s winning and why?

• How wearable tech, AI, and advanced diagnostics are reshaping the healthcare landscape.

• The economic and strategic value of labs: Why health systems are rethinking their approach to lab operations.

 

Key Highlights:

• Jeff Myers explains the economics behind lab consolidation and how health systems can maximize their lab assets.

• Matt Martocci dives into the competitive rise of physician-owned group practices and their impact on hospital labs.

• Bradley Bostic shares insights into the future of diagnostics, including the role of AI, biometric sensors, and preventative lab testing in improving longevity.

 

Why It Matters:

Labs are no longer just a back-office function—they’re the hidden Rembrandts in the attic of healthcare systems. With 75-80% of medical records tied to lab data, the opportunity to leverage this information for predictive and preventative care is massive. This episode explores how labs can transform healthcare delivery and why they’re critical to the future of patient care.

 

Don’t Miss:

• A fascinating discussion on how lab data could help predict diseases like Alzheimer’s decades before diagnosis.

• The role of wearable devices like WHOOP and Apple Watch in integrating lab insights into everyday health monitoring.

• The bold predictions for the next 10 years of lab innovation—will we see a complete paradigm shift in diagnostics?

 

Summary:

Join us for an in-depth conversation with Steve Serota from WDL, as we explore the pivotal role of sub-specialized pathologists in cancer diagnosis and treatment. This episode delves into the strategic importance of advanced laboratory medicine and precision medicine, showcasing how these innovations are reshaping patient care.

We address the challenges of accessing sub-specialists, the economic landscape of pathology, and the transformative potential of digital pathology and AI in healthcare. Steve shares insights into the latest advancements, including the approval of new medications like Plobicto, and discusses the integration of theranostics in personalized medicine.

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Key Takeaways:

• Sub-specialized Pathologists: Crucial for accurate cancer diagnoses and the development of innovative treatment strategies.

• Digital Pathology: A revolutionary approach democratizing access to specialized care and setting the stage for AI integration.

• AI in Pathology: Enhances diagnostic precision, extends expert insights globally, and supports better patient outcomes.

• Economic Considerations: The need for pay reform to ensure access to subspecialty pathology and the importance of starting with accurate data.

• Theranostics and Precision Medicine: Combining laboratory medicine with imaging and pharmaceuticals to personalize treatment and improve outcomes.

 

Show Notes

Episode 23: Accelerating Healthcare with Data Insights

Join us for an insightful conversation on Boombostic Health as Bradley Bostic sits down with Bridget Wegner, Director of Partnerships at Clarivate. Bridget shares her journey from aspiring forensic scientist to a leader in laboratory medicine and data analytics. Discover how her passion for diagnostics and data is driving advancements in healthcare.

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Key Topics:

• The pivotal role of data in accelerating healthcare, focusing on how laboratory information can be leveraged for predictive and preventative care.

• Clarivate's strategic focus on genomics for rare disease research, emphasizing the need for precision in data use cases.

• The critical importance of informed consent in data sharing, ensuring patients are aware of how their data is used for secondary research.

• Bridging the gap between laboratories and pharmaceutical companies to enhance patient outcomes, addressing the challenges of data quality and interpretation.

• Exploring the challenges and opportunities in leveraging diagnostic data, including the nuances of laboratory testing and the business landscape.

 

Highlights:

• How Clarivate is strategically partnering with labs and pharma to unlock insights from diagnostic data, transforming it into actionable information.

• The impact of genomic data on drug development and patient care, with examples of how specific genetic variants are used in diagnostics.

• Addressing patient data privacy and informed consent, highlighting the importance of clear communication and compliance in data partnerships.

 

Tune in to learn how data insights are transforming healthcare and the future of diagnostics.

Join us for an insightful episode of Boombostic Health, where host Bradley Bostic sits down with Adam Heller, founder of Oakwood Circle Ventures. Adam shares his journey from investment banking to leading a venture capital firm focused on healthcare innovation.   Watch full episode on YouTube: https://youtu.be/5EwUoGNeR6k   Key Takeaways:

• Healthcare's Unique Business Model: Adam discusses the complexities of the healthcare industry, where the consumer often isn't the payer, creating unique challenges and opportunities for innovation.
• Investment Insights: Learn about the importance of grounded, data-driven forecasting and why over-promising can be a red flag for investors.
• The Role of Technology: Explore how technology can enhance healthcare delivery without replacing the essential human touch in patient care.
• Success Stories: Adam highlights successful investments, including Central Logic, which improved patient navigation and efficiency within health systems.
• Focus Areas: Discover Oakwood Circle Ventures' interest in digital health and medtech, emphasizing innovative solutions that improve healthcare delivery and patient outcomes.

  Tune In: Listen to Adam's bold perspectives and learn how Oakwood Circle Ventures is driving change in the healthcare landscape. Whether you're an entrepreneur or an investor, this episode offers valuable insights into the future of healthcare innovation.

Show Notes: Episode 21 - From Paralysis to Possibility: Chris Leeuw's Journey of Innovation and Hope in Neurohealth

Guest: Chris Leeuw, CEO and Founder of NeuroHope

Topic: Transforming a critical gap in neurohealth healthcare into a thriving nonprofit.

🎥  Watch on YouTube: https://youtu.be/y03xqInUTO4

Summary:

Welcome to Boombostic Health, where we challenge healthcare norms with bold ideas and transformative stories. In this episode, host Bradley Bostic engages with Chris Leeuw, founder of NeuroHope, to explore his extraordinary journey from personal tragedy to entrepreneurial triumph.

• Resilience and Innovation: Chris's story is a testament to overcoming adversity. After a devastating accident left him paralyzed, he defied the odds by regaining mobility and revolutionizing spinal cord injury care.

• Healthcare Transformation: Discover how Chris identified a critical gap in healthcare and turned it into a thriving nonprofit, NeuroHope, offering hope and recovery to hundreds.

• Community and Economics: Dive into the complexities of healthcare economics and the indispensable role of community support in sustaining long-term care.

• Future of Neurorehabilitation: Chris shares insights on the groundbreaking work at NeuroHope and the essential need for long-term care solutions.

Tune in to be inspired by a story of human spirit and the relentless pursuit of change in healthcare. Don't miss this compelling episode that will challenge your perspective on resilience and innovation.

 

Show Notes: Episode 20 - Boombostic Health Podcast

Guest: Scott Jarred, CEO and Founder of Invst

Topic: The Intersection of Health and Wealth

Summary:

In this episode, we dive into the unique approach of Scott Jarred and his company, Invst, which emphasizes a holistic view of financial management. Scott shares his journey from growing up with limited resources to becoming a Wall Street Journal bestselling author and a leader in wealth management.

His new book, Accelerate: How to Reach Financial Freedom Faster So You Can Live the Life You Want, offers six key principles for achieving financial freedom.

 

Key Points:

• Holistic Wealth Management: Scott discusses the importance of looking beyond traditional investments like stocks and focusing on a comprehensive view that includes private companies and personal health.

• Health and Wealth Connection: The episode explores the correlation between health and productivity, emphasizing that financial success is intertwined with physical well-being.

• Daily Habits for Success: Bradley and Scott share their routines, including workouts and cold showers, as essential habits for maintaining energy and focus.

• Invst's Unique Approach: Scott introduces his firm, Invst, which acts as a personal trainer for your finances, ensuring that every dollar is strategically employed.

• Functional Medicine and Financial Planning: The conversation highlights the parallels between managing health and wealth, advocating for proactive measures in both areas.

• Retirement Reimagined: Scott challenges traditional notions of retirement, advocating for a "work optional" lifestyle where passion and purpose drive continued engagement.

• IndyCar Sponsorship: Invst's sponsorship of an IndyCar team is discussed as a metaphor for high performance and teamwork in both racing and financial management.

 

Takeaways:

• Prioritize health as a critical component of financial success.

• Develop daily habits that support both physical and financial well-being.

• Consider a holistic approach to wealth management that includes personal growth and health.

• Reevaluate the concept of retirement, focusing on lifelong engagement and purpose.

Pick up a copy of Scott Jarred's book,  Accelerate: How to Reach Financial Freedom Faster So You Can Live the Life You Want, to explore the six principles for financial freedom. 

Boombostic Health Podcast - Episode 19: Transforming Healthcare with Dr. Chris Crossett  

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  Guest: Dr. Chris Crossett, Director of Lab Stewardship at hc1   Host: Bradley Bostic   Overview: In this episode, Bradley Bostic welcomes Dr. Chris Crossett, a key member of the hc1 team, to discuss the transformative power of lab stewardship in healthcare. Dr. Crossett shares his journey into healthcare, driven by personal experiences, and highlights the importance of balancing clinical effectiveness with financial sustainability.     Key Topics:

• Introduction to Lab Stewardship:
• Definition and significance in ensuring optimal patient testing.
• The role of lab stewardship in preventing illness and eliminating wasteful testing.

• Chris's Journey:
• Personal motivations and career path in healthcare.
• The impact of family experiences on his professional focus.

• PDX Tool and Innovations:
• Overview of the PDX tool and its recent updates with 72 new rules.
• The importance of data-driven decisions in healthcare.
• Development of new dashboards like Test Pending at Discharge.

• Balancing Clinical and Financial Goals:
• Strategies for aligning patient care with financial objectives.
• Discussion on multiplex molecular testing and its economic implications.

• Future of Lab Stewardship:
• Transitioning from sick care to well care.
• The potential of predictive analytics and AI in healthcare.
• Addressing chronic diseases through early intervention and data trends.

  Conclusion: Dr. Crossett emphasizes the critical role of lab stewardship in transforming healthcare from a reactive to a proactive model. By leveraging data and technology, healthcare providers can improve patient outcomes and financial performance.  

• Visit the hc1 website

 

Episode Summary

In this episode of Boombostic Health, host Bradley Bostic interviews Sherri Ozawa, a leading expert in patient blood management. They discuss the evolution of blood transfusion practices, the importance of viewing blood as a vital organ, and the economic implications of blood management.

Sherri shares insights from her journey into healthcare, the role of technology in optimizing blood health, and global perspectives on blood safety. The conversation underscores the need for a shift in blood management practices and highlights the potential for improving patient outcomes through data-driven decisions. Discover how understanding blood as a vital organ can transform healthcare practices and improve patient outcomes.

Key Takeaways

• The evolution of blood transfusion practices

• The economic implications of blood management

• The role of technology in optimizing blood health

• Global perspectives on blood safety

Chapters

• 00:00 Introduction to Patient Blood Management

• 02:47 Sherri's Journey into Healthcare

• 05:02 The Evolution of Blood Transfusion Practices

• 09:07 Understanding Blood as a Liquid Organ

• 13:14 The Importance of Blood Health

• 16:23 The Role of Technology in Blood Management

• 19:14 Global Perspectives on Blood Management

• 21:23 Economic Implications of Blood Transfusion

• 25:57 Connecting Blood Management to Patient Outcomes

• 27:59 The Future of Patient Blood Management

 

Episode 17: Anemia - The Silent Disruptor Impacting Our Nation's Health

Is anemia the silent disruptor of our nation's health? In this Boombostic Health episode, we reveal how tackling this under-recognized condition could revolutionize chronic disease management. Join expert Jason Carney as he unveils groundbreaking blood management strategies that promise to reshape healthcare.

Key Takeaways:

• Addressing anemia can lead to breakthroughs in managing other chronic diseases.

• Effective blood management strategies can significantly improve patient outcomes and reduce healthcare costs.

• The integration of data-driven tools in healthcare can enhance clinical excellence and economic efficiency.

 

Episode Highlights:

• Anemia's Hidden Impact: Anemia is a leading cause of reduced quality of life, affecting a third of the nation's population. Despite its significant impact, it often remains under-recognized due to the focus on more prominent chronic diseases. This episode uncovers how addressing anemia can lead to breakthroughs in managing other chronic conditions.

• Introducing Jason Carney: Meet Jason Carney, VP of Clinical Transformation at hc1, whose career includes pivotal roles at the American Red Cross and Suncoast Blood Bank. Jason is the inventor of MyBlood Health, a solution that ensures efficient blood utilization to improve patient health outcomes.

• Blood Management Insights: Jason shares insights into blood transfusions, likening them to liquid organ transplants. He emphasizes the critical importance of ethical and efficient blood use, highlighting how responsible transfusion practices can significantly enhance patient recovery and reduce complications.

• Anemia as a Diagnostic Gateway: Discover how anemia serves as a Trojan horse for other chronic diseases, such as chronic kidney disease and congestive heart failure. By addressing anemia, healthcare providers can identify and manage these conditions more effectively, improving overall patient care.

• Innovative Solutions with MyBlood Health: Explore how MyBlood Health leverages data to revolutionize chronic disease management. This innovative tool helps clinicians quickly identify anemia and related chronic conditions, facilitating timely and effective treatment plans that enhance patient outcomes and reduce healthcare costs.

• Economic Impact of Clinical Excellence: Learn about the substantial economic benefits of improved chronic disease management. Jason discusses how MyBlood Health has already saved health systems hundreds of millions of dollars by optimizing blood management and test stewardship, paving the way for future advancements in precision medicine.

Join us for an insightful conversation with Jason Carney as we delve into the transformative potential of innovative blood management strategies and their role in reshaping healthcare. 

Learn more about "The laboratory is the key to improving health outcomes."

See how hc1's Clinical Excellence solutions enhance patient care and save costs.

 

In this episode of Boombostic Health, Bradley Bostic interviews Pam Pure, a digital healthcare executive and CEO of Posterity Health, a company focused on male reproductive health. They discuss the importance of addressing male factors in fertility, the recent funding announcement for Posterity Health, and the need for a holistic approach to men's health.   Pam shares her personal journey that led to the creation of Posterity Health, emphasizing the significance of early male evaluation in fertility treatments and the changing landscape of insurance coverage for male reproductive health. The conversation also touches on the testosterone debate, alternatives to testosterone therapy, and the broader implications for women's health.   Key Insights:

• Pam Pure emphasizes the need for a male-focused approach in fertility treatments.
• Two-thirds of infertility cases involve a male factor, highlighting the importance of male evaluations.
• Early testing for males can significantly reduce the time couples spend trying to conceive.
• Insurance coverage for male reproductive health is becoming more accessible, changing the landscape of fertility treatments.
• Posterity Health aims to create a holistic approach to male health, integrating it with female fertility journeys.
• Testosterone therapy can negatively impact sperm production, making it crucial for men to seek specialized care.
• Behavioral factors, such as lifestyle choices, play a significant role in male fertility and overall health.
• The company aims to be a trusted resource for men navigating their reproductive health.
• Holistic men's health encompasses more than just fertility; it includes overall well-being and health optimization.
• The conversation highlights the interconnectedness of male and female reproductive health.

Chapters 00:00  Introduction to Pam Pure and Her Journey 01:52   Funding Announcement and Company Vision 03:36  The Birth of Posterity Health 07:37   Understanding Male Fertility 10:25   The Importance of Early Male Evaluation 12:51   Changing the Narrative in Male Health 16:15   Insurance Coverage for Male Reproductive Health 18:35   Holistic Approach to Male Fertility 23:27  The Testosterone Debate 28:37   Alternatives to Testosterone Therapy 31:36   Behavioral Factors in Male Health 34:43  The Broader Impact on Women's Health 39:27  The Need for Comprehensive Male Care