@DocDifferently Given the training and difficulty of cardiology compared to attorneys, this cardiologist rate is off by a factor of more than 20x if we really want an efficient market. https://t.co/00XNLDmasx
@Nail_Interview@DocDifferently American commerce has generated amazing talent and companies across many market sectors. The problem in healthcare is that the insurance system funnels money away from physicians, so it only makes sense for talented individuals to reject that system.
@DrDiGiorgio Only thing missing is that insurance companies must be as much liable for their misses as doctors. Doctors have malpractice and licensure risk that can end a career from bad decisions or bad luck. Insurance cos need to have the same level of risk for delaying/denying care.
@Ryan_Zarzaur I’m in Birmingham and building in healthcare and tech. There’s definitely a community in town, it’s just tougher to find given a smaller population. I’m always looking to connect.
@drmattmc Imagine if doctors could set their own hourly rate like lawyers and let the free market decide instead of a capped fee schedule from insurance.
@smartereveryday Clearly a lot of multi-domain operations ramped up right now, especially in this thread. Thankfully, you've been educating modern, multi-domain Winged Hussars on the needed vigilance.
@HealthcareREguy Unless you have proprietary, advantageous insurance contracts a la hospitals or PE, the ROI and return on work is low in independent traditional insurance-based practices. Seeing a lot of entrepreneurship in the direct care space without this insurance burden.
25. The Importance Of Exercise
The mortality gap between a smoker and non-smoker: 40%.
The mortality gap between the bottom 25% of exercise fitness and top 2%: 400%
The best marketing minds of their generation created anti-smoking ads -- where are the pro exercise ads?
@B_Madden4 You've got CVS, UHC, McKesson, and AmerisourceBergen already in the top 10 of the Fortune 500. That may stamp out any unicorn growth in HC. Meanwhile, zero pure banking/finance in top 10.
@mahad_minhas And this is for effectively two jobs. Real adjusted salary is ~$25k/year. Suddenly, all those median American wage comparisons don’t work.