SVP with @cokergroup, passionate about #HealthIT. Expert in HCIT automation, operations, analytics & IT system integration, AI. Best selling author / speaker
I’ll be speaking at #MGMALeaders 2025 in Orlando this weekend!
If you’re attending, I’d love for you to join my session F9: Clinician-Centric Innovation: Purpose-Built Tech for Any Practice and be part of the conversation.
It's not too late to join, use code SUN100 to save $100 and join us:
https://t.co/nCj6fz2FG8
@MGMA@cokergroup
IMO, the hyper-competition between doctors began with the introduction of managed care. Many physicians were led to believe that joining an insurance network would provide them with a competitive edge in exchange for reduced fees. However, a crucial oversight occurred: they never secured exclusivity. As a result, payors continued to seek out providers willing to accept even lower reimbursement rates, encouraging doctors to undercut each other out of fear they would be excluded from the plans, often driving compensation below Medicare standards in many markets. In the end, they all ended up with far less with no upside. Plus they had to hire extra staff to manage all the prior authorizations. Hell of a deal!
Additionally, the payors push for antitrust laws prevented doctors from sharing their rates with one another, creating an environment where transparency was stifled. Sneaky AF isn’t it?
@BKRBusinessMin And the few who do remain will be retiring in large numbers soon or getting out of direct patient care altogether. It’s going to get ugly.
100% Dr. Eric. The argument for this is usually clinical integration/VBC
The power play is usually seen in two areas… The first is fear of being technologically isolated from other providers who are already fully integrated, cutting off a referral source. The second is excluding the provider from participating in privileges such as call pay, chair positions, preferred ACO contracts, GPOs, the PHO/IPA club. It is similar to the mafia 🤣🤣🤣
It would be fun to watch you create some functionality to allow patients to ingest data from these third party data warehouse that supply EHR vendors and payors with data that is often monetized without the patient’s knowledge. Use the open APIs from the cures act and the data blocking rules to force the sharing. Create an opt-in patient data sharing consortium that can allow the monetizing to flow back to the patients.
Big news: A new bill supporting Physician-Owned Hospitals just dropped.
It is a turning point.
If passed, this bill removes key restrictions on physician-owned hospitals, especially those that serve rural and underserved areas.
What can you do?
•Contact your representative
•Join advocacy groups like the PHA.
•Share this post to spread awareness
•Build or partner with POHs in your region
We don’t need fewer hospitals.
We need better ones—physician-led, transparent, efficient, and community-focused.
Let’s bring healthcare back to the hands of those who deliver it.
https://t.co/MwH3DUdxNn
#physicianled #ruralhealth #POH #healthcarefreedom
@RepLouCorrea@RepMGriffith@RepKevinHern@RepGonzalez@RepJohnJoyce@gopdoctors@physicianhosp
Today’s session will include Jeffery Daigrepont, Ed Marx, Sakshika Dhingra, Frank Papay, and Piyush Mathur.
Full details here: https://t.co/mWkNINSKQS
@daigrepont@marxtango@HIMSS
Isn’t this the main point of the comparison. The UPS driver is well on their way to top tier income before a doctor completes 8 years of medical school and start their careers with over 300k in medical school debt. That said, i think this mostly applies to PCPs and Peds, who make about 150 to 200k annually. They don’t make as much as most people think. The UPS driver also doesn’t carry the risk of malpractice or being scrutinized by the feds. Doctors get fines for violations, even if they make honest mistakes. The cost for one HIPAA violation can be as much as $30,000 per medical record. A security breach well over 6 figures. I don’t think anyone should feel sorry for them, but I do think we need to address the issue of the cost for medical schools. I blame the greedy colleges for that.
@vinelodge@MohammedAlo@treckly@DutchRojas They only do this because the payors are allowed to pay them the lessor of the two. It’s a hedge. It has to be written off and most have a cash fee schedule. No doctors expects to get paid what they bill, they just play the game.