Provider's Edge | Peak Performance Guide for Healthcare Entrepreneurs

Why Healthcare's 'Silent Majority' Just Got Very Loud: A Wake-up Call We Can't Ignore


Listen Later

Did you know that your ability to get surgery could depend on an AI algorithm with a 90% error rate? Three seismic events in healthcare this week expose a system at its breaking point - but also reveal opportunities for innovative solutions.


In This Episode:

  • The real story behind UnitedHealthcare CEO's tragedy and why physicians' reactions signal a deeper crisis
  • How insurance algorithms are affecting patient care and what it means for healthcare providers
  • Why Anthem BCBS's attempted anesthesia policy reveals cracks in our healthcare system
  • Personal insights from both sides: as a practicing clinician and patient navigating the system
  • The FDA's Red 3 ban and what it teaches us about adapting to change in healthcare
  • How healthcare innovators can turn these challenges into opportunities

Key Takeaways:

  • Understanding the impact of AI in healthcare decision-making
  • Why transparency matters in insurance practices
  • How to build sustainable healthcare solutions
  • The importance of multiple stakeholder perspectives
  • Steps for creating positive change in healthcare

Major Discussion Points:

  • The Healthcare Breaking Point 
  • UnitedHealthcare's 33% claim denial rate
  • Impact of AI algorithms on patient care
  • Physician frustration and system failure
  • Insurance Industry Wake-up Call 
  • Anthem BCBS anesthesia policy attempt
  • Provider and patient impact
  • Industry response and policy reversal
  • Lessons from FDA's Red 3 Ban 
  • Industry adaptation requirements
  • Parallels to healthcare innovation
  • Preparing for regulatory changes
  • Building Better Solutions 
  • PulsePoint Path's holistic approach
  • Multiple forms of capital
  • Creating sustainable change

Resources Mentioned:

  • PulsePoint Path Annual Impact Awards: PulsePointPath.com/Awards
  • Capital Readiness Scorecard: PulsePointPath.com/Capital-Readiness-Scorecard
  • Healthcare Amplified Network: HealthcareAmplified.org

Connect With Us:

Website: PulsePointPath.com 

LinkedIn: Linkedin.com/in/SabrinaRunbeck



Episode Timeline:

00:00:52 - CEO shooting, an insurance policy reversal, and a pending FDA ban.

00:01:19 - Empowering healthcare entrepreneurs and creating a positive social impact.

00:03:00 - UnitedHealthcare’s denial rates, revenue, and the human impact of these figures.

00:06:00 - Sabrina’s personal experiences navigating insurance denial and financial strain.

00:09:57 - UnitedHealthcare’s NH Predict algorithm on claims and care decisions.

00:13:05 - Need for mandatory reporting and standardized processes for insurance claims.

00:19:13 - Blue Cross Blue Shield’s proposed policies and the ripple effects on patient safety. 

00:22:03 - Regulatory challenges as opportunities for innovation and adaptation.

00:31:13 - Breakdown of financial, intellectual, human, social, and cultural capital strategies.

00:37:15 - Call to Action: Revolutionizing Healthcare 


Listen 🔊to this episode now and Subscribe to the Provider’s Edge to never miss an episode❗

🎧 SabrinaRunbeck.com/Podcast 

------------------------------------------

Rather read our episode's best highlights?

For the visual learners, 📚 subscribe to our LinkedIn Newsletter where we summarize each episode into a 4-5 minutes blog for you.

Click here to 🔔 subscribe: SabrinaRunbeck.com/LinkedInNewsletter

------------------------------------------

We love to hear your feedback. 

Send me a personal message on Linkedin.com/in/SabrinaRunbeck or share a post and tag me @SabrinaRunbeck

Let me know how you like to uplevel your success!

...more
View all episodesView all episodes
Download on the App Store

Provider's Edge | Peak Performance Guide for Healthcare EntrepreneursBy Sabrina Runbeck, MPH, MHS, PA-C, HealthTech Power Broker, Business Partnership Creator, Board Advisor

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

52 ratings