Listen "Big Picture: Unpacking U.S. Healthcare: Profit, Policy & Innovation with Web Golinkin"
Episode Synopsis
In this compelling episode of Analyzing Healthcare, host Roy Bejarano sits down with Web Golinkin, a healthcare entrepreneur, thought leader, and author, to explore the myths, realities, and complexities of the U.S. healthcare system. They discuss whether U.S. healthcare is truly broken, the role of profit in healthcare, and how healthcare innovations and market forces are shaping the industry.The conversation dives into healthcare policy, corporate consolidation, hospital pricing, drug costs, and the blurred lines between payers and providers. Web Golinkin also shares insights from his book Here Be Dragons and his experience building healthcare delivery businesses that focus on accessibility, affordability, and consumer convenience.Timestamps:[00:00] Introduction to the podcast and guest, Web Golinkin[02:00] The U.S. healthcare system: Is it truly broken, or is that a media-driven narrative?[06:30] The role of profit in healthcare: Does capitalism drive innovation or inflate costs?[12:00] Retail medicine & urgent care: How healthcare delivery is evolving[18:00] Payers vs. Providers: The battle for control over healthcare economics[24:30] The real drivers of high healthcare costs: PBMs, hospital pricing, and pharmaceutical monopolies[30:00] How does the U.S. compare to other healthcare systems worldwide?[40:00] Medicare sustainability: Myth or reality?[50:00] The impact of AI, data, and technology on healthcare innovation[1:00:00] The assassination of UnitedHealthcare’s CEO: What does public reaction say about trust in the system?[1:15:00] The future of U.S. healthcare: What needs to change, and what is already improving?Key Takeaways:U.S. Healthcare is NOT broken, but it is evolving. The headlines paint an overly dramatic picture, but in reality, the system has bent the cost curve, leading to slower healthcare inflation and major innovations in care delivery.Market forces and competition drive innovation, but monopolies and inefficiencies create cost problems. The biggest pricing issues stem from pharmacy benefit managers (PBMs), hospital consolidation, and drug pricing strategies rather than capitalism itself.Medicare is not bankrupt, but it does require continuous reform. While Medicare Advantage, DRGs, and value-based care have helped improve efficiency, ongoing adjustments are needed to ensure long-term financial stability.Healthcare narratives in media and politics oversimplify complex issues. The conversation around U.S. healthcare spending, quality, and access is often distorted, leading to public distrust in the system and a misguided push for drastic reform.Resources:Website: https://webgolinkin.com/LinkedIn: https://www.linkedin.com/in/web-golinkin-19195b26/About the GuestWeb Golinkin has focused his career on making health information and care more accessible and affordable. He has done this as CEO of five companies over the past 35 years, including three he co-founded.These companies include the largest cable TV network devoted to health (America’s Health Network), one of the nation’s largest operators of retail-based clinics (RediClinic), a leading population health management company (Health Dialog), and one of the nation’s largest operators of urgent care clinics (FastMed). Web also co- founded the Convenient Care Association and served as its Chair for many years. He has been widely covered in the national media and has spoken at numerous healthcare conferences.A magna cum laude graduate of Harvard, Web grew up in New York City and...
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