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Send us a textWhat if better care starts with more trust and understanding?In this episode of CareTalk, Violet CEO Gaurang Choksi joins John Driscoll to explore why care can't be one-size-fits-all and what happens when providers actually understand the identities and experiences of the people they treat. Drawing from his journey as a gay immigrant and early leader at Oscar Health, Gaurang shares how culturally competent care leads to stronger relationships and better outcomes for the patients who've long felt unseen.
This episode is sponsored by: Set For Life Insurance Set For Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at doctorpodcastnetwork.co/setforlife. ____________ In this episode, Dr. Mike Woo-Ming guides physician entrepreneurs on choosing between writing a book, creating a course, or starting a coaching program. He breaks down each option's time, tech, marketing, and earning potential, sharing insights from his 20+ years as a physician entrepreneur and his Momentum MD Mastermind. Coaching is recommended as the fastest, leanest starting point, followed by courses for scalability and books for long-term credibility. With real-world examples, Dr. Woo-Ming offers a decision-making framework to align choices with your goals and resources, helping you avoid analysis paralysis and build a sustainable business. Three Actionable Takeaways: Start with Coaching: Identify a specific result you can deliver, create a simple one-on-one coaching program, and contact 10 potential clients for real conversations to build revenue and insights quickly. Transition to Courses: If you have coaching clients, document your process and questions. Build an email list with a lead magnet and pre-sell a course to validate demand before creating it. Plan for a Book: Write a book to establish long-term credibility once you have a proven system and backend offers, ensuring resources for marketing and a 12+ month timeline. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let's Connect: Start building your business today. Learn more at: www.bootstrapmd.com https://momentummd.com/ Want to start your own podcast? Check out Doctor Podcast Network.
In Episode 17 of Constructing With Care, host Leslie Tullio welcomes back Sarah Francis (Enterprise AVP of Standards and Activation at Advocate Health), Jeff Schroeder (AVP of Planning, Design & Construction at Atrium Health), and Sean Ashcroft (Healthcare Core Market Leader at DPR Construction) for a deep dive into the impact of standardization in healthcare construction. Together, they explore how reducing variation across campuses not only enhances operational efficiency and construction outcomes but also significantly improves caregiver training and patient experience. The conversation highlights Advocate Health's journey toward adopting standardization, including lessons learned, the importance of collaboration, and the growing embrace of prefabrication in healthcare design and construction. Key Topics Covered: [00:01:00] Why standardization matters: benefits across efficiency, training, and care consistency [00:02:00] Lessons from Advocate Health's multi-year implementation journey [00:03:00] The importance of mindset, tenacity, and leadership in driving change [00:04:00] Creating collaborative spaces for innovation and shared ownership [00:06:00] How prefabrication evolves and improves over time [00:07:30] Gaining trade partner buy-in and building budget alignment [00:08:30] How standardization reduces labor risk and increases construction reliability [00:10:00] Advocating from within: Sarah Francis on internal evangelism and enterprise adoption [00:11:00] Clinical and operational benefits of standardization. Quotable Moments: Sarah Francis, Enterprise Assistant Vice President, Standards & Activation-Planning, Design & Construction, Advocate Health "People are our greatest resource. What standardization does is ensure consistency, quality, and safety for our patients and teammates by reducing variability in their work environment." Sean Ashcroft, Healthcare Core Market Leader, DPR Construction "This is a continuous improvement journey—each project gets more efficient as stakeholders gain experience with prefabrication." Jeff Schroder, AVP Planning, Design and Construction, Atrium Health, part of Advocate Health "Revenue recognition improves because prefabrication helps us get projects out of the gate faster and execute more accurately."
Send us a textEntrepreneurs are addressing problems in US healthcare like access to primary care, but they need mentors and investors to scale up and make a real impact. Private equity has some bad connotations, especially in healthcare delivery. Why is that and what are investors doing to prove their worth?Ariez Dustoor, Partner at NB Group Investors, joins us to talk about what thoughtful, long-term health care investing actually looks like—from scaling prevention-first primary care to avoiding the pitfalls that have plagued bigger players.
Send us a textHealth coaching is often overlooked in healthcare, but could it be the key to improving behavior change, supporting chronic care, and filling gaps left by clinical shortages? In this episode of CareTalk: Healthcare. Unfiltered., Eugene Borukhovich, COO & Co-Founder of YourCoach, joins John Driscoll to discuss why coaching is gaining traction, how YourCoach is helping scale it, and why embracing health coaches could be critical to building a stronger, more sustainable healthcare system.
Send us a textMedicaid spending is almost certain to get cut significantly under the emerging Congressional reconciliation bill. But what is Medicaid anyway and what will happen if spending drops?
How can physicians move beyond generic nutrition advice and deliver personalized plans that truly impact health and revenue? In this episode, Stewart Gandolf and Mark J. Tager, MD, CEO at ChangeWell, Inc., discuss how healthcare providers can confidently bring personalized nutrition into their practices. Dr. Tager shares how to create tailored nutrition plans using genetic testing, lifestyle factors, and patient goals, while building patient trust and practice profitability.
Subscribe to UnitedHealthcare's Community & State newsletter.Health Affairs' Jeff Byers welcomes Bob Herman of STAT News to the program to discuss the state of deals in the health care space, how vertical integration and consolidation have played a role in mergers & acquisitions as it relates to hospitals, and what might fly under the radar from even the most savvy of health policy wonks.Health Affairs Insiders can join us April 23 for an exclusive virtual event exploring site-neutral payments with health economist and health services researcher Brady Post of Northeastern University and Health Affairs' Meg Winchester.Also, we are hosting another Insider exclusive event on May 29 focusing on the FDA's first 100 days under the second Trump administration featuring moderator Rachel Sachs alongside panelists Richard Hughes IV and Arti Rai. Related Links:Sign up for STAT+Sign up for STAT newsletters including Bob Herman's Health Care Inc. Subscribe to UnitedHealthcare's Community & State newsletter.
Send us a textChronic pain affects more Americans than cancer, heart disease, and diabetes combined, yet it remains one of the most misunderstood and poorly managed health conditions.In this episode of the CareTalk Podcast, John Driscoll sits down with Jennie Shulkin, Founder of Override Health, to discuss how her personal experience with chronic pain led to building a virtual, team-based care model that can revolutionize pain management as we know it.
Welcome to Beyond the Clinic!If you've been feeling stuck in your business, wondering why clients aren't flowing in despite all your hard work, you're not alone. No one taught us how to run a business when we trained as healthcare professionals. We were taught to help people, not to market ourselves or build financially sustainable practices.In this episode, I'm sharing the three most common mistakes healthcare professionals make in business and how to fix them. These insights will transform your business and income, so let's dive in!Episode SummaryHere's what we're covering today:1️⃣ The Time-for-Money Trap – Why relying solely on one-to-one sessions keeps your income capped and what to do instead.2️⃣ The Automation Gap – How not having a client attraction system is making business harder than it needs to be.3️⃣ The Marketing Myth – Why being on directories or having a website isn't actually marketing your business.This episode is all about creating awareness, not blame. Once you understand what's been holding you back, you can start making changes that will give you the freedom and flexibility you've been dreaming of.Key TakeawaysMistake #1: Relying on One-to-One SessionsTrading time for money caps your income. Even if you're fully booked, your growth is limited by the hours in your day. It's time to rethink how you structure your services and pricing.Mistake #2: Lack of AutomationWithout a system to bring in leads on autopilot, you're stuck on a hamster wheel of endless hustle. Automation can help you attract the right clients while saving you time and energy.Mistake #3: Playing Eeny, Meeny, Miny, Moe with DirectoriesBeing listed in directories or having a website isn't enough. Real marketing means reaching people before they even know they need you, building trust, and nurturing them into paying clients.Resources & LinksEpisode 22: Learn more about automation and how to buy back your time.Episode 19: Get ideas for creating a lead-generating freebie.Join the Freedom Formula: My free 3-day event where I'll guide you step-by-step on how to attract dream clients, automate your marketing, and break free from the time-for-money trap. Spots are limited, so sign up now!I'd love to hear from you, click the link to 'text' the show directly Mindset Programme Waitlist: https://www.sarahalmondbushell.com/mindset-waitlist Freedom Formula: https://www.sarahalmondbushell.com/freedom-formula Website: https://www.sarahalmondbushell.com/Instagram: https://www.instagram.com/dietitiansinbusiness/Facebook: https://www.facebook.com/dietitiansinbusinessYouTube: https://www.youtube.com/@BeyondTheClinicPodcast The Master Plan - Discover the 22 steps you need to take (in the right order) to build a successful business so you can earn enough to live the freedom lifestyle you dream of. https://www.sarahalmondbushell.com/master-plan
Send us a textObesity is a pressing and complex challenge. GLP-1 meds are a game changer, but on their own, they may just bankrupt insurers without doing a whole lot to improve health. Can we build a better system for weight management that's clinically sound cost effective and scalable?In this episode of the HealthBiz Podcast, we're joined by Elina Onitskansky, Founder & CEO of Ilant Health. Elina explains why the current approach to obesity care is broken and how Ilant Health is making treatment more accessible by making it affordable, available, and accepted through value-based care.
Most private practice doctors are just copying the traditional healthcare model—but why? The mainstream system is broken, inefficient, and frustrating for both doctors and patients. If you're launching your cash-based or virtual medical practice, you don't have to do things the old way. In this episode, I challenge you to rethink every part of your practice, including: How patients actually find you (hint: it's not through your website) Scheduling & payments (you don't need a front desk or an EHR) Intake forms (do patients really want them?) Lab & imaging results (how to present them in a way patients actually understand) The future of medical records (voice notes, AI, and custom software) The best practices in medicine aren't just the ones we've always used—they're the ones that actually work.
Send us a textIn this episode of the HealthBiz Podcast, host David Williams sits down with Terry Myerson, CEO and co-founder of Truveta, to explore how aggregated electronic medical record (EMR) data can drive groundbreaking insights in clinical research, drug development, and healthcare innovation. Terry shares his journey from mechanical engineering to tech entrepreneurship, his years at Microsoft, and how Truveta is using data to improve patient outcomes and save lives.
A physician recently shared a post about how medicine is a minefield—you can do everything right and still get sued, blamed, or burned out. The system makes it easier to destroy doctors than to support them, and many are leaving for good. But instead of waiting for change, what if you made a shift? Some medical settings are more supportive than others Switching specialties or clinical settings can make a huge difference There are many non-clinical career options Cash-based care (concierge, DPC, or fee-for-service) provides more freedom I also share my personal experience: How I handled a medical board investigation My perspective on lawsuits and the reality of getting sued Why cash-based medicine is a viable way to stay in medicine on your terms Listen in for real talk on the challenges of being a doctor today—and how to find a better path. Have thoughts? Email me at drmo@digitalnomadphysician.com Links & Resources:
Send us a textMeasles is making a comeback, and with it comes a heated debate on vaccine mandates, public health, and personal freedom. In this episode of CareTalk, Michael F. Cannon (Director of Health Policy Studies, Cato Institute) joins hosts, David E. Williams and John Driscoll, to debate the challenges of balancing individual rights with public safety, why vaccine mandates can backfire, and how misinformation fuels the controversy.
I just signed the lease on my 500 sq ft clinic space in Long Beach, and I'm thinking a lot about what kind of practice I want to build. Instead of locking myself into a rigid model, I'm keeping things flexible—giving myself the option to shift between a cash-based walk-in clinic, urgent care, or even direct primary care. Why flexibility matters when starting a medical practice: You can adjust based on patient demand You're not stuck with a model that doesn't work for you You can scale up or down depending on how much patient care you want to provide I chose a retail space because I want to be visible and accessible. But if I don't get enough traction, I'll consider moving into a medical office building. Even in a small space, you can do a lot—bring in an NP or PA, offer virtual visits, host group coaching, and adapt your practice over time. Listen in as I share how I'm thinking about this new clinic and why you don't need to have everything figured out before you start.
Send us a textIs smarter decision support the key to unlocking value-based success?In this episode of the HealthBiz Podcast, Thaddeus Fulford-Jones, CEO of Radial, joins host David Williams to explore how Radial's AI-powered decision support software merges cutting-edge data science with clinical best practices to enhance patient outcomes, reduce costs, and optimize value-based provider operations.Thaddeus Fulford-Jones' book recommendation: Reservations for Nine by Dr. George Beauregard
In this episode, FitBUX founder Joseph Reinke sits down with Karen Litzy, a self-employed healthcare entrepreneur and host of one of the largest podcasts in the industry. Karen shares her journey from clinician to business owner, breaking down the ups and downs of running a healthcare business, the lessons she's learned, and the strategies that have fueled her success. She also reveals the technologies and services she uses to streamline her operations, the biggest challenges she's faced, and her best advice for healthcare professionals looking to grow their own business or brand. Whether you're a healthcare provider, entrepreneur, or someone looking to scale a service-based business, this episode is packed with real-world insights you can apply today.
If you're thinking about starting a cash-based, physical medical practice, there's one term you should know: GPO (Group Purchasing Organization). A GPO helps you save money by negotiating bulk discounts on medical supplies, medications, office essentials, waste disposal, and even malpractice insurance. Instead of setting up contracts with multiple vendors yourself, you get instant access to lower prices through these organizations. Pros: Streamlined purchasing Discounted rates on supplies & services Access to vendors that typically work with larger organizations Cons: Some GPOs have membership fees (though most don't) Less flexibility in product selection Popular GPOs to check out: Medline Premier Inc. McKesson Cardinal Health Vizient MPPG (Medical Practice Purchasing Group) Should you use a GPO? It depends! If you're just starting out, you may be fine ordering directly from a major supplier like McKesson. But as your practice grows, a GPO can simplify operations and cut costs. Have you used a GPO before? Let me know your thoughts! Email me at drmo@digitalnomadphysician.com.
Is the healthcare system truly designed to keep us well, or is it driven by corporate interests? In this eye-opening episode of Unstress Health with Dr. Ron Ehrlich, we explore the concept of corporate capture—how pharmaceutical companies and research institutions prioritize profits over public health. Dr. Ron Ehrlich is joined by leading medical experts, including Dr. Paul Marik and Dr. Pierre Kory, to discuss the business of healthcare, the blurred lines between evidence-based medicine and marketing, and the financial incentives behind medical decisions. We also hear from economist Dr. Toby Rogers on how the pharmaceutical industry is consuming the economy and impacting global health. If you've ever questioned the integrity of medical research, this episode is for you. Discover why many doctors had an epiphany during COVID, how financial incentives drive medical decisions, and why decentralization in medicine may be the key to restoring trust in healthcare. Show notes are available at CLICK HERE CONNECT WITH DR RON & UNSTRESS HEALTH Join the Unstress Health Community: CLICK HERE INSTAGRAM: CLICK HERE YOUTUBE: CLICK HERE FACEBOOK: CLICK HERE TIKTOK: CLICK HERE SPOTIFY: CLICK HERE LinkedIn: CLICK HERE EMAIL: admin@unstresshealth.com DISCLAIMER: This podcast provides general information and discussion about medicine, health and related subjects. This content is not intended and should not be construed as medical advice or as a substitute for care by a qualified medical practitioner. If you or any other person has a medical concern, he or she should consult with an appropriately qualified medical practitioner. Guests who speak in this podcast express their own opinions, experiences and conclusions. See omnystudio.com/listener for privacy information.
Welcome to Beyond the Clinic
In this episode, Scott Becker is joined by Nicholas Newsad, Managing Principal at Coker, former owner of HealthContract.com, and author of Doctor Deals. Nicholas shares insights into his business, the medical software company he’s bringing to market, and his experience in healthcare deal-making, including his book and podcast.
In this episode, Scott Becker is joined by Nicholas Newsad, Managing Principal at Coker, former owner of HealthContract.com, and author of Doctor Deals. Nicholas shares insights into his business, the medical software company he’s bringing to market, and his experience in healthcare deal-making, including his book and podcast.
www.YourHealth.orgwww.SCHomeRx.comwww.thedisruptedpodcast.comwww.experiencinghealthcare.com www.YourHealth.Org
In this episode, Brian Gallagher highlights the rapid pace of change in business and technology—using AI, automation, and blockchain as analogies for how physical therapy practices must evolve or risk falling behind. While AI may not directly run a PT clinic, the way owners manage their business is changing just as rapidly as AI is reshaping industries. The old-school model of handling everything in-house—billing, front desk, HR—is no longer sustainable. To stay ahead, practice owners must confront reality and adapt their business strategy to remain competitive. Visit megbusiness.com for more information or to schedule your free practice assessment.
I'd love to hear from you 'text the show'Welcome, my lovely listeners!If you're feeling a bit like an ostrich burying your head in the sand when it comes to your clinic's numbers, then this episode is for you. Whether you're running a busy clinic with a full team or working solo and thinking, “I don't really need to track my numbers,” I promise you, you do.I'm joined by my brilliant COO at Thrive, Nichola, who is an absolute numbers queen. Together, we're breaking down why understanding your revenue, profit, and occupancy is non-negotiable for your business success. And yes, we're making it fun, because who doesn't love a desert island game with some financial wisdom thrown in?Episode SummaryIn this episode, Nichola and I discuss the three key metrics every clinic owner must track to grow and scale effectively. We talk about why knowing your revenue, profit, and occupancy levels isn't just for accountants, it's for you, the business owner, to make better decisions, stop wasting money, and ultimately, create a business that serves you.If you've ever thought, “I just need more clients” or “I should throw more money into marketing,” stop right there! Before you do anything, you need to know if your business model is even set up to support your income goals. We cover how to reverse-engineer your pricing, what to do when you're not hitting targets, and how to make your business work for you, rather than the other way around.Key TakeawaysThe three key numbers every clinic owner should be tracking: revenue, profit (or owner's take-home pay), and occupancy/capacity.Why focusing on conversion rates before pouring more money into marketing can save you thousands.How to spot a leaky bucket in your business - clients coming in but not staying.The power of reverse-engineering your pricing to make sure your business model actually supports your income goals.Why checking your finances at the end of the tax year is too late - and what to do instead.A simple method to track your income and expenses every month so you're in control, not guessing.Why understanding your occupancy rate can help you plan for holidays without losing income.If you've been putting off looking at your clinic's numbers, take this episode as your sign to start. Even if it's just tracking one key metric, just start somewhere!Let me know your biggest takeaway from this episode - DM me or share your thoughts on social. And if you loved this chat, please leave a review! It helps spread the word and keeps this podcast going.Now, go check your numbers!
Ever had a difficult patient who seemed like more trouble than they were worth? It happens to all of us and it's not that the patient is bad, it's that we don't have the right processes in place to avoid customer related headaches. One of the biggest advantages of running a private, cash-based practice is the freedom to choose how you handle patient payments—including the ability to offer refunds strategically. In this episode, I share a real-world example where a refund could have prevented major headaches, negative reviews, and even a potential malpractice lawsuit. I also break down: Why refunding a patient's money is sometimes the best business decision How this flexibility helps protect your practice from bad faith disputes How refunds build long-term trust and improve your reputation If you're a physician considering a cash-based or direct-care practice, this episode will help you understand how having control over financial policies can protect your career and reduce liability. ---------------------------- Thanks for tuning in to the Digital Nomad Physician podcast! If you're a physician looking to build more freedom into your career—whether it's through starting a virtual practice, transitioning to a cash-based model, or exploring alternative careers—you'll find tons of resources on my website.
In this episode, Jerry Durham sits down with Ron Allen, founder of The Profitable Therapist, to explore the financial pitfalls and opportunities in running a successful healthcare practice. Drawing on his personal story—watching his father, a mental health therapist, struggle to make sense of his finances—Ron brings a refreshing perspective to understanding the business side of healthcare.The conversation covers critical topics like understanding your financial health, setting accurate capacity expectations, and why pricing your services correctly is the foundation of profitability. Ron also shares practical tips on budgeting for taxes, tracking key metrics, and the value of setting profit as a non-negotiable in your business plan. For healthcare business owners who feel overwhelmed by the numbers, this episode offers a roadmap to financial clarity and long-term growth.Whether you're just starting out or managing a multi-provider clinic, you'll learn how to create a business that works for you—not the other way around. Don't miss this engaging and practical discussion that could transform the way you think about your practice's financial future. If you'd like to learn more about Strata EMR & RCM and achieving a 99.99% reimbursement rate for your PT, OT, or SLP Clinic head over to stratapt.com and book a demo with their team!
In this episode of Physical Therapy Private Practice Secrets of the Top 10%, host Brian Gallagher dives deep into often-overlooked areas that could transform your private practice. He discusses the power of managing by data and metrics rather than intuition, how to maximize productivity by setting aside admin time, and why knowing the math behind your practice is essential for sustained growth. Brian also shares valuable insights on outsourcing, controlling payroll costs, and effectively scaling up for a profitable 2025. Key Topis Discussed: Set Dedicated Admin Time Rely on Data, Not Just Instinct Keep Payroll in Check Outsource Wisely These essential actions will help you build a practice poised for success in 2025!
Keisha Wilson, the inspiring founder and CEO of KW Advanced Consulting, sits down with us to share her extraordinary journey from the front desk of a mental health clinic to the helm of her own consulting firm. With over 20 years in healthcare, Keisha's story is one of transformation, where early ambitions in social work pivoted to a celebrated career in medical coding and compliance. Listen as she brings to life the importance of saying "yes" to new opportunities and embracing the roles that shaped her career, all while balancing the personal challenges of being a caregiver for her mother.As Keisha recounts her transition from medical coding to compliance, she paints a vivid picture of her career progression and the leap into entrepreneurship. From hospital compliance departments to management roles, her path wasn't always easy, but it was peppered with valuable lessons in leadership, integrity, and financial planning. Hear how a friend's encouragement and her own passion led to the creation of her consulting business, showcasing the struggles and triumphs of building a company from the ground up. The insights into bootstrapping, leveraging artistic skills, and the critical support of family speak volumes about the resilience required to succeed.We also navigate the evolving landscape of telehealth, thrust into rapid expansion by the COVID-19 pandemic, and the ensuing complexities of maintaining compliance. Keisha offers her expertise on the intricacies of HIPAA compliance, patient privacy, and the challenges of international telehealth practices. This episode doesn't stop there; it dives into the opportunities for minority and women business owners, highlighting the journey to becoming a certified Minority and Women-Owned Business Enterprise. Through networking and collaboration, Keisha demonstrates the potential for growth and success, proving that seizing every opportunity can open doors to unexpected ventures.Screen DeepA podcast decoding young brains and behavior in a digital world.Listen on: Apple Podcasts Spotify
Send us a textSurprise, surprise, the US healthcare system is still the most expensive and lowest performing. That's the message from the latest Commonwealth Fund report called Mirror, Mirror 2024: A Portrait of the Failing U.S. Health System. In this episode of CareTalk, John and David dive into the report's findings to uncover why U.S. healthcare remains so broken—and explore what, if anything, can be done to fix it.This episode is brought to you by BetterHelp. Give online therapy a try at https://betterhelp.com/caretalk and get on your way to being your best self.As a BetterHelp affiliate, we may receive compensation from BetterHelp if you purchase products or services through the links provided.
Today we are breaking down healthcare, one of the most impactful sectors in the world, yet one of the most unique for investors. My guests are Rod Wong, founder and CIO of RTW Investments, and Stephanie Sirota, chief business officer of RTW Investments. RTW was founded in 2009 and operates a sector-specific strategy in healthcare. We discuss the evolution of their model, which feels particularly important given how much it aligns with the healthcare investment process. We cover the various phases of drug investments, the unique dynamics of founders and team building, and we get into some of the more philosophical discussions around regulation in the industry. Please enjoy this breakdown on healthcare. Editor-in-Chief application here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. I think this platform will become the standard for investment managers, and if you run an investing firm, I highly recommend you find time to speak with them. Head to ridgelineapps.com to learn more about the platform. --- This episode is brought to you by Public: Invest in stocks, bonds, options, crypto, and more in one place. A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The [6.7%] yield is the average annualized yield to maturity (YTM) across all ten bonds in the Bond Account, before fees, as of [9/05/2024]. A bond's yield is a function of its market price, which can fluctuate; therefore a bond's YTM is “locked in” when the bond is purchased. Your yield at time of purchase may be different from the yield shown here. The “locked in” YTM is not guaranteed; you may receive less than the YTM of the bonds in the Bond Account if you sell any of the bonds before maturity, or if the issuer calls or defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. You should evaluate each bond before investing in a Bond Account. The bonds in your Bond Account will not be rebalanced and allocations will not be updated, except for Corporate Actions. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns (00:07:50) Phases of Healthcare Product Lifecycle (00:09:03) Challenges and Opportunities in Biotech (00:14:01) Investment Strategies in Healthcare (00:16:47) The Evolution of RTW and Team Structure (00:20:11) Public and Private Market Dynamics (00:26:24) Gene Therapy: A Case Study (00:33:08) Future of Healthcare Innovation (00:46:11) Global Biotech Landscape: US Dominance and International Opportunities (00:48:29) Big Pharma Winners and Losers: A Decade in Review (00:51:11) Impact of the Inflation Reduction Act (IRA) on Drug Development (00:54:55) Regulatory Changes and Their Impact on Innovation (01:10:08) M&A in Biotech: A Critical Component for Success (01:15:57) GLP-1 Drugs: Market Impact and Future Prospects (01:20:38) Current Biotech Market: Opportunities and Future Outlook
Todays episode is with Dr Abdullahi Sheriff - Pharmaceutical leader, Associate VP at MSD and winner of the black business awards 2020. We delved into the topic of market creation through partnerships and hence 5 key steps for building a sustainable healthcare business that lasts. If you are in healthcare this is a must listen as Sheriff had built a reputation as the go to guy for developing markets/categories and sustainable growth solutions. If you aren't in healthcare then you need to listen to pick up the same tips and apply them to your industry
Becoming a nurse entrepreneur requires a blend of clinical expertise, business acumen, and a passion for innovation. It involves identifying gaps in healthcare and creating solutions, whether through private practice, consultancy, or product development. Tina Marie Baxter has been a registered nurse for over 20 years and nurse practitioner for 17 years. She founded the Nurse Shark Academy to help nurses launch and scale their businesses. Nurse entrepreneurs must possess strong leadership and communication skills, along with the ability to navigate the challenges of running a business, especially in the healthcare landscape. In this podcast we cover initial steps in starting a business in the healthcare industry and some of the resources available for anyone making a career change. More information about Tina Baxter here: https://www.thenursesharkacademy.biz/ There is a FREE download of her gratitude journal with the code “complementary.” Email Tina at: tinabaxter.bpsllc@gmail.com Get all our free weekly articles here: https://goalsforyourlife.com/newsletter CHAPTERS: 00:00 - Introduction 01:42 - Tina Marie Baxter's Background 05:45 - Starting a Business Journey 13:18 - Career Change Strategies 18:08 - Resources for Career Transition 20:44 - Key Career Lessons Learned 26:17 - Starting a Healthcare Business 30:45 - Skill Maximization Techniques 33:14 - Dreaming Bigger 39:24 - NursePreneur Academy Offerings 41:40 - Show Notes 43:15 - Outro
Send us a Text Message.In this episode of HealthBiz Briefs, Jeff Greenfield, CEO of Provalytics, dives deep into the future of pharmaceutical marketing in a post-cookie world. Discover how innovative attribution alternatives are reshaping the landscape, empowering pharma marketers to transform brand awareness into tangible sales. This episode is brought to you by BetterHelp. Give online therapy a try at https://betterhelp.com/caretalk and get on your way to being your best self.As a BetterHelp affiliate, we may receive compensation from BetterHelp if you purchase products or services through the links provided.
Think hitting $2M in revenue or securing $5M in funding means you've made it? Think again.In the healthcare technology sector, new solutions crop up daily. Apps promise streamlined processes. Software pledges improved patient care. Yet, even with groundbreaking products, many founders hit a wall. Why? They're missing the mark.Join us for an eye-opening LinkedIn Audio event where we'll uncover the hidden pitfalls and strategic solutions in healthcare business development:
In this episode, attorney Arohi Kashyap uncovers the high privacy standards that come with working in the healthcare industry using a Business Associate Agreement. This contract passes requirements of the United States HIPAA regulations on to companies engaged by hospitals, doctors, and other healthcare institutions. Kashyap details: Basics of a Business Associate Agreement, including when it is needed; Key procedures for protecting private healthcare information; and Standards for managing data breach incidents. Find the original contract here: https://humanservices.arkansas.gov/wp-content/uploads/Attachment-D-Business-Associate-Agreement-BAA.pdf
Daniel Tribby is a dynamic leader and entrepreneur who has made a significant impact in the realm of private healthcare. With a deep understanding of the challenges healthcare providers face, Daniel authored a comprehensive guide aimed at helping providers shift their thinking and enhance their business acumen. His journey into business development was self-taught through workshops, coaching, and an avid habit of reading 2 to 3 books a month. As the founder of a thriving practice in Orlando, Daniel discovered that while many healthcare professionals excel in patient care, they often lack the skills necessary to run a successful business. This realization led him to write his book, providing a much-needed resource for healthcare entrepreneurs. The book covers essential topics such as branding, marketing, sales processes, customer service, and financial management, all tailored specifically to the healthcare industry. Daniel's approach is grounded in his own experience of building a practice from the ground up. He is passionate about teaching others how to create sustainable businesses that not only survive but thrive in a competitive market. His expertise extends to innovative treatments like stem cell therapy, where he champions the use of the body's natural healing abilities to avoid overprescribed medications and unnecessary surgeries. Through his website, Daniel offers consultation services, providing healthcare providers with the tools and strategies they need to succeed. His mission is to empower providers to develop both their clinical skills and business acumen, ensuring they can deliver exceptional care while also running a profitable practice. Key Takeaways 1. Healthcare Providers Need Business Skills: Many healthcare professionals lack formal training in business development, leading to challenges in running a successful practice. Daniel emphasizes the importance of acquiring entrepreneurial skills to complement clinical expertise. 2. Effective Marketing Requires Empathy: Traditional healthcare marketing often focuses on credentials and accolades rather than addressing patient needs. Daniel advocates for a shift towards empathetic marketing that resonates with patients on an emotional level. 3. Invest in Professional Development: Whether through hiring experts or self-education, investing in professional development is crucial for healthcare providers looking to succeed as entrepreneurs. Daniel encourages practitioners to prioritize learning and growth to navigate the complexities of running a business effectively. Timestamps [00:21:53] Daniel Tribby discusses the lack of business development education in healthcare and the necessity for providers to learn foundational business skills. [00:24:31] The conversation shifts to marketing in healthcare, highlighting the importance of empathetic messaging and the pitfalls of focusing solely on credentials and accolades. [00:29:12] Daniel outlines two approaches for healthcare providers to embrace entrepreneurship: hiring experts to manage the business side or committing to learning and implementing business skills themselves. [00:33:39] Explaining stem cell therapy, Daniel emphasizes its potential as a revolutionary approach to orthopedic medicine, offering natural healing solutions for conditions like back pain and rotator cuff tears. Quotes 1. "Just hanging my letters on a door won't bring patients; it's not how it works anymore." 2. "To succeed in healthcare, you must work on and in your business." 3. "Stop unnecessary surgeries and treatments; focus on healing from within." 4. "Address the root cause of ailments for true healing." Connect with Daniel LinkedIn - https://www.linkedin.com/in/iamdanieltribby/ Website - https://www.danieltribbyofficial.com/
How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
Watch Here: https://youtu.be/GOlqbiQ_w9EAbout the Guest(s): David Lynch is an entrepreneur from the UK who started a business in the healthcare sector. He began his journey by selling mobility and disability products from his spare room. Over the course of 11 years, he grew the business to achieve eight-figure revenue and successfully sold it to a private equity-backed buyer. David is now actively pursuing acquisitions in the healthcare and facilities management sectors through his investment group, 41 Kong.Summary: In this episode, Ronald Skelton interviews David Lynch, an entrepreneur who built a successful healthcare business from scratch and sold it to private equity. David shares his journey of starting the business from his spare room and growing it organically through contracts with the NHS and other local authorities. He discusses the challenges he faced in implementing systems and processes to prepare the business for sale and highlights the importance of having a clear vision and exit strategy from the beginning. David also talks about his current venture in acquisitions and his plans to combine organic growth with strategic growth in the healthcare and facilities management sectors.Key Takeaways:David Lynch started a healthcare business from his spare room and grew it organically over 11 years, achieving eight-figure revenue before selling it to private equity.Winning contracts with the NHS and other local authorities was a catalyst for the business's growth and provided predictable and repeatable revenue.Implementing systems and processes, including a bespoke software system, helped improve efficiency and increase gross margin from 48% to 61%.David's current venture involves pursuing acquisitions in the healthcare and facilities management sectors, combining organic growth with strategic growth.The healthcare sector offers attractive profit margins and opportunities for growth, especially in specialized areas such as patient handling and assistive technology.--------------------------------------------------Contact David onLinkedin: https://www.linkedin.com/in/david-lynch-42147419/Website: https://linktr.ee/davidlynchentrepreneur--------------------------------------------------How2Exit Joins IT ExchangeNet's Channel Partner Network!Have an IT Company doing between $5M and $30M You may Sell?The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we'll respond within one business day. Everything is kept confidential.https://www.itexchangenet.com/marketplace-how2exitOur partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.--------------------------------------------------
In this insightful episode of the Wellness Center Creators podcast, we're joined by chiropractor and entrepreneur Marco De Ciantis. Marco shares his journey from running a practice in Toronto to embarking on humanitarian work and starting a new business, Daphne Health. We delve into the challenges and options for new graduates in healthcare, the pros and cons of solo practice, and the innovative concept of reception-less clinics. Plus, don't miss Marco's tips on finding your unique value as a practitioner and a sneak peek into the Daphne Health Alliance's mission to provide shared medical spaces. Tune in for an episode packed with practical advice and inspiring stories for health and wellness professionals!
Wow is this disappointing. If not Walmart, then who?
Want to have more control over your health?Dr. Baktari is the CEO of eNational Testing, e7 Health, & US Drug Test Centers. Jonathan Baktari MD brings over 20 years of clinical, administrative, and entrepreneurial experience. He has been a triple board-certified physician specializing in internal medicine, pulmonary, and critical care medicine. Dr. Baktari is a preeminent, national business thought leader interviewed in The Washington Post, USA Today, Forbes, Barron's, and many other national publications. He is also an opinion writer for The Hill and the Toronto Star. He is the host of a highly-rated podcast BaktariMD as well as a guest on over 50 podcasts. Dr. Baktari was formerly the Medical Director of The Valley Health Systems, Anthem Blue Cross Blue Shield and Culinary Health Fund. He also served as clinical faculty for several medical schools, including the University of Nevada and Touro University.Learn how to improve your health care.Check this out!e7health Website: www.e7health.comJonathan Baktari Website: https://jonathanbaktarimd.com/eNational Testing Website: https://www.enationaltesting.com/US Drug Test Centers Website: www.usdrugtestcenters.comJonathan Baktari MD LinkedIn: https://www.linkedin.com/in/jonathan-baktarimd/Book a call with Michelle: https://go.appointmentcore.com/book/IcFD4cGJoin our Facebook group for business owners to get help or help other business owners! The Business Ownership Group - Secrets to Scaling: https://www.facebook.com/groups/businessownershipsecretstoscalingLooking to scale your business? Get free gifts here to help you on your way: https://www.awarenessstrategies.com/
Welcome to another insightful episode of the Jake and Gino Podcast! In this episode, we're joined by Dayne Conley, a seasoned entrepreneur and real estate investor, who shares his fascinating journey from learning the value of hard work from his grandparents to building a successful career in healthcare and eventually transitioning into real estate. Podcast Highlights: 00:00 - Intro 02:28 - What Attracted Dayne To the Multifamily Space 05:19 - Does Dayne Wish He Found Real Estate Before He Started with Healthcare? 07:08 - What Made Dayne Sell the Healthcare Business? 09:52 - What did Dayne Gain from the Jake and Gino Community? 12:16 - Cautionary tail - Selling your business to Move to Multifamily 17:08 - Mistakes That Dayne Has Made 20:46 - A Message for the Listener: Market Cycles, Asset Value, and Inflation 24:06 - Outgrowing Your Infrastructure 26:37 - Meaning Vs. Money 29:25 - Some Things Aspiring Investors Need To Do Right Now 32:40 - Contact Dayne Conley 33:15 - Gino Wraps It Up Recommended Resources: "Wheelbarrow Profits" by Jake and Gino – A comprehensive guide to multifamily investing. Jake and Gino Community – A platform for networking and learning from experienced real estate investors. Connect with Dayne Conley: Email: dayne@aspenrealtco.com Aspen Realty Group Stay Tuned: For more inspiring stories and valuable lessons in real estate and entrepreneurship, subscribe to our channel and hit the notification bell to stay updated on our latest episodes! #JakeAndGinoPodcast #RealEstateInvesting #Entrepreneurship #LifeLessons #DayneConley #PropertyManagement #InvestingTips
We welcome F. Scott Feil, a Healthcare Business and Education Coach and Consultant. Scott shares his journey from a Physical Therapy Educator to a Prime Time Educator, with a focus on helping healthcare professionals manage student loans and boost their revenue. Delve into his insights on establishing expertise and authority in the healthcare field, and discover how to leverage your skills for career advancement and financial success.Key Points:The art of establishing and leveraging expertise and authority in healthcare.Strategies for healthcare professionals to manage student loans and increase revenue.The importance of skill-set development over theoretical knowledge.Techniques for layering revenue streams around your core competencies.The role of mentors in shaping a successful career in healthcare.Guest Contact Information:Email: thepteducator@gmail.comTwitter, Instagram, Facebook: @pteducatorWebsite: PTEducator.comYouTube: YouTube.com/PTEducatorRecommended Resources:Capitalist biz movement: Capitalist Pig (Steve Larsen), Capitalist Mentors (James Smiley)
We've turned to our Facebook community, The Frugal Physicians, and your emails to bring you a unique segment. Dr. Disha is answering a few of your questions about managing finances, making smart investments, and seeking out alternative income streams in the world of healthcare. A significant portion of today's episode is dedicated to real estate investment. Dr. Disha shares her personal journey, inspired by the principles in "Rich Dad, Poor Dad," and discusses the tangible benefits of real estate, including tax advantages, inheritability, and the potential for high returns. She provides practical advice on getting started, managing risks, and understanding the nuances of different types of real estate investments, from long-term rentals to short-term vacation properties. Looking for something specific? Here you go: 00:00:11 - Introduction and Apology for Delay 00:00:33 - Welcome to Finding Financial Freedom Podcast 00:01:00 - Community Questions on Finance in Healthcare 00:02:06 - Passive Income for Physicians 00:04:13 - Creating Intellectual Property for Passive Income 00:04:55 - Exploring Side Gigs for Doctors 00:06:00 - Monetizing Blogs and Podcasts 00:07:17 - Affiliate Marketing Explained 00:08:02 - Direct Contracting and Content Creation 00:08:55 - Multiple Income Streams and Wealth Building 00:09:53 - Real Estate Investment for Financial Security 00:11:07 - Benefits and Strategies of Real Estate Investing 00:13:45 - Tax Benefits of Real Estate Investing 00:15:58 - High Risk and Reward of Real Estate 00:17:02 - Real Estate Investment Types 00:18:26 - Real Estate as a Tangible Asset 00:19:56 - Short-Term Rental Investing and Tax Benefits 00:23:28 - Addressing Investment Losses and Tax Implications 00:28:57 - Subscription Model in Healthcare Business 00:34:17 - Physician Groups for DIY Enthusiasts 00:38:06 - Closing Remarks and Contact Information This episode is sponsored by Eckard Enterprises – is an asset management company that focuses on providing families access to diverse, alternative investments. If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.
Tom Cotter (President & Executive Director, Healthcare Ready) discusses how to avoid patient disruptions amid crisis by forging partnerships between the healthcare supply chain and government.
This episode recorded live at the 2023 Becker's Healthcare Business & Operations of ASCs and The Future of Dentistry Roundtable in Chicago features Sophia Moradi, Administrator at Avalon Surgery Center. Here, she discusses key insights into Avalon Surgery Center, her excitement surrounding innovative technologies such as AI, the importance for healthcare leaders to leverage technology, and more.
This episode recorded live at the 2023 Becker's Healthcare Business & Operations of ASCs and The Future of Dentistry Roundtable in Chicago features Sophia Moradi, Administrator at Avalon Surgery Center. Here, she discusses key insights into Avalon Surgery Center, her excitement surrounding innovative technologies such as AI, the importance for healthcare leaders to leverage technology, and more.
Kenny Schiff is the Director of Analytics at Lone Star Communications, a Texas-based healthcare solutions company that provides technology services to hospitals. A healthcare industry veteran with over 25 years of experience, Kenny is also the Founder of CareSight, an analytics-as-a-service platform. He hosts the newly launched CarePoints Podcast and is based in Naples, Florida. In this episode of the Smart Business Revolution Podcast, John Corcoran sits down with Kenny Schiff, the Director of Analytics at Lone Star Communications, to talk about scaling a healthcare business. They also discuss the difference between service and technology companies, changes in the healthcare technology field over the years, and how to find a strategic acquirer.
In this week's show, John brings back a popular guest. She appeared twice in the past to describe the founding and management of her MedSpa business. Recently, Dr. Lisa Jenks was approached by several private equity firms about purchasing her MedSpa. At first, she didn't consider a sale. But as time went on, she thought about her future retirement, and the idea began to appeal to her. She started by talking with some of the firms to gather information and better understand her options. Later, she selected a firm to work with and began discussions in earnest. After agreeing on a sale price, they began working out the details of the sale. Six months later, the necessary contracts were signed and Lisa passed ownership to the new owner. During our conversation, Lisa explains: why she decided to sell her business, the factors that made the offer attractive to her, what she did to prepare for the sale, and how long she would remain as an employee and consultant for the new owner. You will find all of the links mentioned in the episode at nonclinicalphysicians.com/prepare-to-sell/ =============== You can support this podcast by making a small monthly or annual donation. To learn more, go to nonclinicalphysicians.com/donate You can now join the most comprehensive Community for all clinicians looking for a nontraditional career at NewScr!pt. Get an updated edition of the FREE GUIDE to 10 Nonclinical Careers at nonclinicalphysicians.com/freeguide. Get a list of 70 nontraditional jobs at nonclinicalphysicians.com/70jobs.