Podcasts about johns hopkins carey business school

Send us a textAre you ready to stop doubting your value and start showing up as the powerful leader you already are? In this episode of The Good Enough Mompreneur Podcast, host Angela Masciulli welcomes Dr. Alexa Chilcutt, Executive Education Professor at Johns Hopkins Carey Business School and expert in executive presence, public speaking, and women in leadership.Together, they unpack what executive presence really means, why it's essential for women—especially moms in business—and how you can develop it starting today. Whether you're preparing for a pitch, managing a team, or just trying to show up more confidently in your business, this conversation is for you.What You'll Learn:How to craft an intentional leadership presence that aligns with your valuesWhy public speaking anxiety is normal—and how to overcome itPractical tools to combat imposter syndrome and step into your authorityThe difference between managing and leading—and how to communicate like a leaderWhy women in leadership need boundaries and authenticityMentioned in this Episode:Connect with Alexa Chilcutt on LinkedIn: https://www.linkedin.com/in/alexa-chilcutt-phdGet Angela's support at: https://mombusinesscoach.comConnect with Angela: Instagram: @angela.masciulli Website: https://mombusinesscoach.com Connect with Angela at MomBusinessCoach.com Apply for Personalized Confidence and Business Coaching Enroll in my FREE mini-course - 5 Keys to Confidence ⭐⭐⭐⭐⭐Leave a Review on Apple podcasts or wherever you listen!

Fueled by the promise of concrete insights, organizations are increasingly prioritizing data in their decision-making processes. But that process can easily go wrong. Many leaders don't understand that their decisions are only as good as how they interpret the data. In this episode, Professor Michael Luca of Johns Hopkins Carey Business School and Professor Amy Edmondson of Harvard Business School share a framework for making better decisions by interpreting data more effectively.Luca and Edmondson are coauthors of the HBR article "Where Data-Driven Decision-Making Can Go Wrong." Key episode topics include: Analytics and data, data management, data strategy, data analysis, organizational decision making, strategy HBR On Strategy curates the best case studies and conversations with the world's top business and management experts, to help you unlock new ways of doing business. New episodes every week. · Listen to the full HBR IdeaCast episode: Is Your Company Reading Data the Wrong Way?· Find more episodes of HBR IdeaCast· Discover 100 years of Harvard Business Review articles, case studies, podcasts, and more at HBR.org]]>

Today, I'm joined by Alexa Chilcutt, and we're discussing Executive Presence. Alexa is the Faculty Lead for the Business Communication Certification Program and the Co-lead for the Academy for Women and Leadership at Johns Hopkins Carey Business School's Executive Education Program. She is also an Executive Education faculty member for Texas Christian University, delivering leadership training and coaching to corporations and high-potential mid to senior-level leaders. Her professional background was in public relations and advertising. She is the author of several scientific journal articles on team leadership and impression management. She co-authors the book Engineered to Speak: Helping You Create and Deliver Engaging Technical Presentations. I'm excited to have her on the show to discuss Executive Presence. Show resources: Alexa Chilcutt on LinkedIn Lead to Win book Sponsors: Farrow Skin Care Salty Sailor Coffee Company Leader Connect The Qualified Leadership Series ____ Get all of Jon Rennie's bestselling leadership books for 15% off the regular price today! HERE Learn more about your ad choices. Visit megaphone.fm/adchoices

From automation to instant booking - what tools are transforming the group travel experience for suppliers? Oral Muir Oral Muir is the Vice President for Partnerships, Experiences, and Distribution at Hilton Worldwide. In this role he has global responsibility for new enterprise partnerships, in-destination travel experiences and adventure offerings ranging from city tours to glamping and safaris. Prior to joining Hilton, Oral most recently served as Global Vice President for Groups, Meetings, and Events strategy at Marriott International. Prior to that Oral served as Marriott's Vice President and Global Brand Leader for the Autograph Collection independent luxury and lifestyle hotel portfolio, and as Global Vice President for Cross-Channel Distribution Strategy. Oral is a member of the Board of Directors for Groups360 software and a member of the Board of Directors for the Executive Leadership Council. Oral holds a Master's in Business Administration from the Johns Hopkins Carey Business School and a Bachelor of Arts in Political Science from the State University of New York at Stony Brook. Tim Flors With a highly successful career in the hospitality industry that spans over two decades, Tim Flors has served as Senior Vice President and Chief Customer Officer for Groups360 for over 10 years, since it was founded in 2014. In this critical leadership role, he is responsible for overseeing all sales and customer-facing operations for the company, including its proprietary GroupSync online marketplace that empowers both planners and hoteliers to make more precise decisions and reduce inefficiencies in group transactions. Designed to simplify and transform the way meetings are booked, the solution uses proprietary matching algorithms to save meeting planners time and money in sourcing hotel venues for group events. Before joining Groups360, Flors served as a Global Account Executive at Marriott International. Prior to that, he spent over seven years with Gaylord Hotels, most recently as Director of National Sales. During his tenure there, he held several sales leadership positions at Gaylord Palms Resort and Convention Center near Orlando, including Executive Sales Manager and later National Sales Manager. Previous roles included Sales Manager at Radisson Hotel Opryland and Regional Sales Director for Baymont Inn & Suites, when he began his career. Flors holds a degree in Hospitality Management from the University of Florida, as well as dual MBAs from Cornell University and Queens University.

We live in an age where we have more data than ever. But most leaders have two strong reactions to new data. Either they rely too heavily on studies or information to make decisions. Or they dismiss outright data that could be very relevant. The better way is learning how to interpret, question, and engage with data and studies, say Harvard Business School professor Amy Edmondson and Johns Hopkins Carey Business School professor Michael Luca. They break down the essential analytical tools to assess and interrogate data to be able to apply it to business decisions. Edmondson and Luca are coauthors of the HBR article "Where Data-Driven Decision-Making Can Go Wrong."

What if you could command a room and be recognized as a leader regardless of your title or position? In this engaging episode, host Nicole Jansen sits down with Dr. Alexa Chilcutt, a certified executive coach and faculty lead for the Executive Business Communication certificate and co-lead for the Academy of Women in Leadership programs at Johns Hopkins Carey Business School. Together, they explore the 10 characteristics of executive presence and discuss how you can grow your confidence and be acknowledged as a leader. Dr. Chilcutt, with her extensive experience in executive education and corporate training, emphasizes the importance of perception, authenticity, and values in leadership. She brings to light crucial insights from her research showing that perceived executive presence significantly impacts career advancement, with staggering statistics indicating it as a critical factor in professional growth. Join Nicole and Alexa as they dissect the essential characteristics of executive presence, discuss practical steps to enhance your leadership potential, and address the unique challenges faced by women in climbing the corporate ladder. This episode is packed with actionable advice, personal anecdotes, and expert guidance to help you showcase your leadership qualities effectively. What We Discuss in this Episode What are the 10 characteristics of executive presence according to Dr. Alexa Chilcutt? How does perceived executive presence impact career advancement? Why is non-verbal communication crucial in building executive presence? What are the unique challenges women face in demonstrating executive presence? How can individuals advocate for themselves and increase their visibility in professional settings? What practical tips can help you manage your impression and enhance your executive presence? Why is it important to differentiate between written and verbal communication as a leader? How can strategic sharing of accomplishments benefit women in leadership roles? What role does empathy and authority play in effective leadership communication? How can one use a 1-minute pitch to create opportunities and advocate for themselves? Podcast Highlights 0:00 - Introduction to executive presence and leadership. 6:16 - 10 characteristics of executive presence. 9:33 - Executive education and nonverbal communication. 13:04 – Crucial aspect in commanding a room. 15:50 – The unique challenges women face in growing their executive presence. 17:52 - Shifting perceptions and leadership through strategic language. 21:15 - Intentionality, strengths, and assertiveness in women. 26:36 - Empathy and authority as powerful leadership traits. 30:01 - The importance of relevance and influential presentations. 31:01 – Alexa's forum for executive presence. 34:20 – Wrap up Favorite Quotes "Think about the impact that nonverbal communication has. Your body language and tone of voice are crucial in building trust and rapport." - Dr. Alexa Chilcutt “Out of 400 surveyed, 89% believed that a high level of perceived executive presence absolutely contributed to their career advancement.” - Dr. Alexa Chilcutt Episode Resources and Show Notes: https://leadersoftransformation.com/podcast/leadership/507-mastering-your-executive-presence-with-dr-alexa-chilcutt   Check out our complete library of episodes and other leadership resources here: https://leadersoftransformation.com ________

In this episode, we dive deep into the concept of executive presence and why it's crucial with guest Alexa Chilcutt. Join us as we explore the key elements that contribute to a commanding presence, including communication skills, body language, and emotional intelligence.Alexa shares practical tips and strategies to help you cultivate your executive presence, whether you're leading a team or navigating a challenging meeting. Hear from Alexa who will provide insights on overcoming common challenges and leveraging your unique strengths.Tune in to discover how to make a lasting impression, inspire confidence, and elevate your professional image. Whether you're an emerging leader or a seasoned executive, this episode is packed with actionable advice to enhance your presence in any setting!About Alexa ChilcuttDr. Alexa Chilcutt is the faculty lead for the Executive Business Communication and co-lead for the Academy of Women in Leadership programs at Johns Hopkins Carey Business School. Alexa is also a Certified Executive coach and develops and delivers custom training programs. Corporate clients have included Exelon Corporation, Constellation Energy, Hoya Corporation, Prometric, Brinker International, Allstate, Blue Cross Blue Shield of Alabama, German-based company igus, and Johns Hopkins International Concierge Medicine.Publications include "Engineered to Speak: Helping You Create and Deliver Engaging Technical Presentations" published by Wiley IEEE PCS Professional Engineering Communication Series with Dr. Adam Brooks, and articles featured in Workplace Health & Safety, MedEdPORTAL, Journal of American Dental Association (JADA), Association of General Dentist's "Impact" magazine, Public Relations Journal, and Georgia Academy of General Dentistry's Explorer magazine. Resources that Alexa mentions:Joe Navarro - Former FBI Agent and Body Language expertCarla A. Harris - Lead to Win Executive Education course on Executive Presence at Johns Hopkins Carey Business SchoolCONNECT WITH TC ADVISORY GROUP:Website: https://tcadvisorygroup.com/Facebook: https://www.facebook.com/tcadvisorygroup1Instagram: https://www.instagram.com/thetcadvisorygroup/LinkedIn: https://www.linkedin.com/company/tc-advisory-group1/FOLLOW THE EXECUTIVE LEADERSHIP PODCAST ON SOCIAL MEDIAFacebook: https://www.facebook.com/theexecutiveleadershippodcast/Instagram: https://www.instagram.com/theexecutiveleadershippodcast/LinkedIn: https://www.linkedin.com/showcase/the-executive-leadership-podcast/ Hosted on Acast. See acast.com/privacy for more information.

What needs to happen to jumpstart the local economy while the Key bridge is rebuilt. Will there be a lag until things are back to normal? Tom speaks with Mary Kane, the CEO of the Maryland Chamber of Commerce and Dr. Christina DePasquale, an associate professor of practice in economics at the Johns Hopkins Carey Business School about the impact of the bridge collapse on area businesses, non-profits and the labor market. [Photo by John Lee, WYPR]Email us at midday@wypr.org, tweet us: @MiddayWYPR, or call us at 410-662-8780.

Today's episode of Management Development Unlocked features Alexa Chilcutt, a professor of executive education at Johns Hopkins Carey Business School and Texas Christian University. Alexa is also an executive coach who works one-on-one with professionals and is an expert on executive presence.Eric and Alexa focus on executive presence (EP) in this episode, defining it and naming some of its personality traits. They also cover what it means to believe someone has EP, the importance of a great first impression, and why a lack of executive presence can prevent your career from progressing. Alexa explains the importance of self-awareness surrounding your non-verbal communication, ten character qualities of someone with executive presence, and her tips for developing a positive EP.In this episode, you'll hear:The definition of executive presence and the personality traits it consists of.Identifying who you believe has executive presence and why a great first impression and authenticity matter.Aligning who you are with what's important to the organization or the position you seek.How a lack of executive presence can prevent you from advancing your career.The initial first impressions you might have of someone who has executive presence.Having self-awareness about your non-verbal communication and learning how to improve them.Ten characteristics of executive presence, why those qualities aren't necessarily positive, and shifting perceptions of your executive presence.Alexa Chilcutt's tips for developing an executive presence.Her questions for Eric about the biggest challenges new managers face as they shift into leadership roles.Connect with Alexa Chilcutt:LinkedInJoe Navarro on Confidence---Head over to girardtrainingsolutions.com to take a look at the 20+ courses I offer for new and experienced managers! Get your copy of the Amazon #1 Bestseller and #1 New Release Lead Like a Pro - The Essential Guide for New Managers while you're there!Connect with me on LinkedIn.Please subscribe and comment!

Dr. Alexa Chilcutt is an expert in leadership and team communication, professional public speaking skills, and executive presence. She joins Bradley to share her wealth of experience and knowledge of working with technical professionals in adopting executive presence in the workplace and the importance for managers and leaders to develop strong communication and public speaking skills within teams. Alexa develops and delivers custom training on the topics of communication, impression management/executive presence, executive presentation skills, and team leadership for corporate clients. She also works as an executive coach for women in leadership and those identified as High-Potential within their organization.Dr. Chilcutt earned her M.A. in Public Relations and Ph.D. in Communication and Information Sciences from The University of Alabama. Alexa is a Certified Executive Coach and serves as the faculty lead for the Executive Business Communication certificate and co-lead for the Academy of Women in Leadership programs at Johns Hopkins Carey Business School.She also provides training for TCU Neeley Business School's Executive Education program and The University of Alabama Executive MBA program.Her corporate clients have included Exelon Corporation, Hoya Corporation, Prometric, Brinker International, Allstate, Blue Cross Blue Shield of Alabama, German-based company igus, and Johns Hopkins International Medicine Concierge Services.Find Dr. Alexa Chilcutt's Book, "Engineered To Speak: Process-Driven Professional Communication" on Amazon: https://www.amazon.com/Engineered-Speak-Process-Driven-Professional-Communication/dp/1119474965Thanks to our sponsors...Club Capital provides monthly accounting, tax, and CFO services for insurance agency owners. Learn more at www.club.capitalBlueprintOS provides business coaching services to owners who are ready to make the shift from Rainmaker to Architect in their business. Discover how implementing systems, processes, playbooks, and routines will sustain growth and scale in your business. Visit www.blueprintos.com to learn more.Autopilot Recruiting is a continuous recruiting service where you'll be assigned a recruiter that has been trained to recruit on your behalf every business day. Go to www.autopilotrecruiting.com to get started.Coach P found great success as an insurance agent and agency owner. He leads a large, stable team of professionals who are at the top of their game year after year. Now he shares the systems, processes, delegation, and specialization he developed along the way. Gain access to weekly training calls and mentoring at www.coachpconsulting.com. Be sure to mention the Above The Business Podcast when you get in touch.TodayApp is a corporate approved app that allows you to build custom activities and track all your commissions and bonus structures, and integrates perfectly with your CRM. It can even manage your employees' time, track production, have a leaderboard with metrics, and more. Contact Today App and for a custom demo and let them know you heard about them on The Above The Business Podcast. https://todayapppro.com/

Join us for a riveting exploration into the rapidly evolving world of artificial intelligence (AI) in interdisciplinary pain medicine. This episode of the Pain Matters Podcast features a thought-provoking discussion on the transformative potential of AI and the ethical challenges it introduces.Hosts Shravani Durbhakula, MD, MPH, MBA, and Mustafa Broachwala, DO, are joined by two distinguished experts:Tinglong Dai, PhD, a Bernard T. Ferrari Professor at Johns Hopkins Carey Business School, co-chair of the Johns Hopkins Workgroup on AI and Healthcare, and a leading voice in the integration of AI within clinical settings. Dr. Dai's extensive media presence and recognition as one of the World's Best 40 Under 40 Business School Professors by Poets & Quants underline his profound impact on AI education and application.Nestoras Mathioudakis, M.D., M.H.S., an Associate Professor of Medicine at Johns Hopkins School of Medicine, where his work focuses on medical applications of generative AI. As Co-Director of the Diabetes Prevention & Education Program and a seasoned educator in clinical informatics, Dr. Mathioudakis brings critical insights into the practical and ethical dimensions of AI in medicine.Tune in to discover:AI's Impact on Clinical Practices: Exploring how AI is currently being used to enhance clinical documentation, streamline insurance processes, and support decision-making in patient care.Ethical Considerations and Challenges: Discussing the complexities of data integrity, the potential biases in AI algorithms, and the ethical implications of AI in clinical decision support.The Future of AI in Medicine: Speculating on the future directions of AI in healthcare, including its role in personalized medicine and the ongoing need for rigorous validation and ethical oversight.Real-World Applications and Case Studies: Analyzing specific instances of AI application in healthcare, such as diagnostic support and predictive analytics, and evaluating their outcomes.Navigating the Regulatory Landscape: Understanding the implications of recent legal and regulatory developments affecting AI in healthcare.Find out how AI is reshaping healthcare delivery, enhancing patient outcomes, and posing new questions about the intersection of technology and medical ethics. This discussion is crucial for healthcare providers looking to stay informed about the latest developments in AI and its impact on the field of pain medicine.

Mastering Leadership Presence: Unveiling Secrets from the Boardroom Alexa Chilcutt Linkedin: https://www.linkedin.com/in/alexa-chilcutt-phd/ In this captivating episode, join renowned leadership and team communication expert Alexa Chilcutt as they unveil the coveted secrets of executive presence and professional public speaking. Drawing from their extensive experience as an executive coach for women in leadership and high-potential individuals, [Expert's Name] shares invaluable insights gained from crafting custom corporate training programs for prestigious institutions like Johns Hopkins Carey Business School and Texas Christian University. Discover actionable strategies for enhancing your leadership presence and honing your public speaking skills, gleaned from Alexa Chilcutt's tenure as Associate Professor of Communication Studies at The University of Alabama. From designing communication curricula for esteemed institutions to coaching corporate clients through Maestro CE LLC, Alexa Chilcutt brings a wealth of expertise to the forefront. Learn how to command attention, inspire confidence, and foster effective team communication, as Alexa Chilcutt delves into the art of executive presence. Whether you're a seasoned leader or an emerging talent, this episode promises to elevate your communication game and propel you towards greater success in the boardroom and beyond. Don't miss out on this transformative journey with Alexa Chilcutt, where leadership mastery meets unparalleled insight.

Tami Jacobs shares a Stoop Story about the father figures of her childhood. The next Stoop event is next Wednesday, March 6th, in partnership with the Johns Hopkins Carey Business School. The theme is “Failing Up - Rising Stronger from Professional Failures.” And the following week - on Friday, March 15 - the Stoop and the Maryland School for the Blind will present, “See Beyond: Dismantling the Disability Narrative.”Do you have a question or comment about a show or a story idea to pitch? Contact On the Record at: Senior Supervising Producer, Maureen Harvie she/her/hers mharvie@wypr.org 410-235-1903 Senior Producer, Melissa Gerr she/her/hers mgerr@wypr.org 410-235-1157 Producer Sam Bermas-Dawes he/him/his sbdawes@wypr.org 410-235-1472

Here is a Stoop Story from Geoffrey Danek about the highs and lows of goat parenting. The next Stoop event is March 6th, in partnership with the Johns Hopkins Carey Business School. The theme is "Failing Up – Rising Stronger from Professional Failures."Do you have a question or comment about a show or a story idea to pitch? Contact On the Record at: Senior Supervising Producer, Maureen Harvie she/her/hers mharvie@wypr.org 410-235-1903 Senior Producer, Melissa Gerr she/her/hers mgerr@wypr.org 410-235-1157 Producer Sam Bermas-Dawes he/him/his sbdawes@wypr.org 410-235-1472

Here's a Stoop Story from Pattie Archuleta about rediscovering love separated by long years and vast distances.  The next Stoop Storytelling event is March 6, 2024. The even is called “Failing Up: Rising Stronger from Professional Failures” and is scheduled to be held at the Johns Hopkins Carey Business School. (Photo by Aaron Curtis)Do you have a question or comment about a show or a story idea to pitch? Contact On the Record at: Senior Supervising Producer, Maureen Harvie she/her/hers mharvie@wypr.org 410-235-1903 Senior Producer, Melissa Gerr she/her/hers mgerr@wypr.org 410-235-1157 Producer Sam Bermas-Dawes he/him/his sbdawes@wypr.org 410-235-1472

Evolving to your professional best is a journey that will lead many of us to assess the need to honor your mental wellness. Mental wellness awareness is year-round, and small actions can ignite transformation to take better care of ourselves. As we navigate the ebbs and flows of our careers, we sometimes need to heal from career grief, perceived lost opportunities, unexpected life events, overcome self-doubt, and dismiss the imposter syndrome.Caitlin Magidson, NCC, LCPC is kicking off the series by discussing Well-being in Life & Career. Caitlin integrates her mental health counseling and coaching specialties as she guides clients through personal and professional life transitions to enhance their overall well-being. Caitlin previously worked as the Assistant Director of Coaching & Education at the Johns Hopkins Carey Business School. She has coached executive leaders through Hopkins' Academy for Women and Leadership and The Academy for Health Care Leadership and Management. Show Notes:[00:29]:  Michele introduces herself and why mental health is the focus of Keep Your Stride[01:53]: Michele introduces Licenses Psychotherapist & Coach, Catlin Magidson[02:52]: Caitlin shares the “why” behind her mental health work that focuses on professionals.[04:49]: Caitlin shares strategies on how to manage stress and anxiety in a high-pressure work environment.[08:06]: Michele shares ways of therapy to reconnect to a childhood love of coloring and a new way she elevated her self-care through juicing.[09:07]: Caitlin extends the labors of love reference as an act of love that requires energy.[10:40]: Caitlin discusses perceptions of work-life balance/harmony that support maintaining mental health, and how to achieve it.[12:53]: Michele and Caitlin discuss the need for reflection as we evaluate how to live a life that aligns with our values and definition of quality.[16:15]: Caitlin chats about having healthy boundaries personally and professionally.[19:16]: Caitlin talks how to identify work-related burnout.[20:56]: Caitlin shares the details about her individual services including her Career Design course and community.Caitlin Magidson's Psychotherapy & Coaching Site: https://www.caitlinmagidson.com/

For a full transcript of this episode, click here. This show is a very natural follow-on to episode 418 with Mark Cuban and Ferrin Williams, PharmD, MBA. This show is the how, as in, “How did everything that we talked about in the earlier show wind up the way it did?” And it also proves it … with data. I gotta say I never quite understood the finer points of the rationale of a cash pay system for minor expenses—expenses like generic drugs. I always framed this whole thing in the context of a senior on a fixed income taking 10 drugs, as my grandma did. And even if each of those drugs was only $5 or $10 a month, that's enough beans a month that it was a big deal for her to swing. So, I have always had this thought that these drugs should be covered by her insurance so she and everybody else living on a fixed income trying to make ends meet could get them and take them and not die from complications of diabetes or high blood pressure. Now, the counterargument to the above, which I have certainly heard more than once, is to offer members/patients HSAs (health savings accounts) and have them buy stuff with their HSA. My knee jerk there is, yeah, but I can barely figure out the deal with HSAs. Most Americans don't even know what a deductible is let alone an HSA. This approach just feels like it demands a lot of health literacy. So, that's the place I was when I walked into this conversation in this episode with Ge Bai, PhD, CPA. Here's two facts that got me inching away from my original position: 1. Generic drugs are cheap. There is already competition in the manufacturing marketplace that holds these prices down. 2. PBMs (pharmacy benefit managers) and insurance are devices to pool risk. If you have a high expense, that expense gets spread out over the rest of the insured population (ie, the risk pool). This whole spreading out of the risk is arduous to pull off and requires a level of administrative costs. So, let's break this down: In terms of #1 fact, that generic drugs are cheap, let's think about the value prop of PBMs. It's to throw their market power around to lower drug prices. But, oh wait … the prices of cheap generics are already cheap. So, not much need for market power? Yeah, that's a fact. One of the studies that I talk about in this healthcare podcast with Ge Bai quantifies that. For patients in their deductible phase actually, 79% of the time paying cash is cheaper than if the patient had used their insurance and gotten the price “negotiated by their PBM.” So, yeah … anytime pretty much anybody can wander in and get a better price than a Fortune 15 PBM, it's pretty clear that market power is not overly required here. In fact, getting PBMs in the mix just seems to make the drug prices higher for patients. Alright now, moving on to my fact #2 I talked about earlier, which is, what is the point of insurance (and PBMs are a derivative of insurance)? The point with them is to pool risk, to spread out the cost of something over the entire risk pool. So, yeah … drug costs $3. What is the administrative burden that goes in to spreading $3 across a risk pool? Is it worth it? Or is the admin cost burden more burdensome than the actual cost burden of the cost of the drug, and all we're doing here is driving up the price of healthcare, which ultimately might throw more financial burden back on the patient through higher premiums or out-of-pockets? That's the second study that I talk about today with Ge Bai, and it quantifies exactly how much that administrative burden is when it comes to generic drugs. Because you know who makes the most money in a generic drug transaction? No, it's not the pharma manufacturer, if that's what you were thinking. It's not the pharmacy. It's not the wholesaler. Yeah, it's the PBM. The PBM, by a margin of 10 points, makes the most money. The administrative cost burden is actually the most expensive part of buying a generic drug using your insurance and going through that PBM. There's a bar chart that visualizes these proportions. But while I'm on a roll here, here's a #3 fact that speaks to my concerns about HSAs that I raised at the beginning and the financial literacy required to use them: Health insurance is already super complicated, and no one can understand it. And here's a #4 let's-talk-about-the-real-world fact: Health insurance and paying for drugs is already pretty unaffordable for lots of people. So, I guess in theory it would be amazing if we could have our drugs paid for so they could be affordable. And if that were true and things were a little complicated … okay, trade-offs and all that. But right now, the situation is that drugs can be pretty unaffordable, including “cheap” generics; AND getting them covered is complicated. So, bar is pretty low to do better by patients is my point. And this is what I talk about with, as aforementioned, my guest today, Ge Bai. Ge Bai probably needs no introduction. She is a professor of accounting at Johns Hopkins Carey Business School and also a professor of health policy and management at Johns Hopkins Bloomberg School of Public Health. As she says, she studies nothing but healthcare dollars. Also mentioned in this episode is the show with Steven Quimby, MD (EP344) going deep on the generic drug market. Additional links for this episode: Links for second study: JAMA Health Forum, coauthored with Joey Mattingly, Kenechukwu Ben-Umeh, Gerard Anderson; The Johns Hopkins University - Carey Business School; Johns Hopkins Bloomberg School of Public Health; University of Utah College of Pharmacy Bar chart/article: by Jason Shafrin You can learn more about Ge's research on LinkedIn and X (formerly Twitter).   Ge Bai, PhD, CPA, is a professor of accounting at the Johns Hopkins Carey Business School and professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. An expert on healthcare accounting, finance, and policy, she has testified in Congress, written for the Wall Street Journal and the Washington Post, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, and Health Affairs. Her work has been widely featured in the media and cited in regulations and congressional testimonies. She was a visiting scholar at the Health Analysis Division of the Congressional Budget Office from 2022 to 2023. She teaches graduate courses and has received the Johns Hopkins Alumni Association's Excellence in Teaching Award.   06:13 What is the background on generic drugs that is need-to-know? 06:39 EP344 with Steven Quimby, MD. 07:04 Do we have affordability for generic drugs? 15:40 What's the policy failure around generic drugs? 18:34 Why is there a huge health equity issue? 20:13 How do PBMs have both a monopoly and a monopsony? 21:59 What should be the goal for cheap generics? 23:36 “Whenever we have no competition, we'll see high price.” 26:00 What's the best approach to addressing operational challenges behind generic drug costs? 28:42 How do we solve generic drug costs on the back end? 31:15 “Healthcare insurance is not the same as health.” 36:07 “It's time for us to reflect and think whether there is a better way to try.”   You can learn more about Ge's research on LinkedIn and X (formerly Twitter).   @GeBaiDC discusses paying cash for #genericdrugs in our #healthcarepodcast. #healthcare #podcast #digitalhealth   Recent past interviews: Click a guest's name for their latest RHV episode! Andreas Mang, Karen Root (Encore! EP381), Mark Cuban and Ferrin Williams, Dan Mendelson (Encore! EP385), Josh Berlin, Dr Adam Brown, Rob Andrews, Justina Lehman, Dr Will Shrank, Dr Carly Eckert (Encore! EP361)

Andrew, Head of Acquisitions, Development, Sales & Marketing at GL Capital, excels in sourcing new projects, overseeing asset redevelopment, and managing sales and marketing to secure significant investor payouts. As the co-founder of Stork Property Management, a subsidiary of GL Capital, he's instrumental in business development, shaping company culture, and leading the sales team. With a Master's in Design from the Maryland Institute College of Art and an MBA from Johns Hopkins Carey Business School, specializing in marketing, Andrew combines expertise with a passion for mentorship and social impact, demonstrated through volunteer work and charitable contributions in Philadelphia and Baltimore.   Here's some of the topics we covered:   Andrew's First Rental Property How To Operate Multiple Companies At Once One of The Best Horror Stories Ever The Importance Of Trusting Your Gut How To Build A Culture Around a Business Censorship In The Mainstream & Social Media Suggestions For People That Need To Take Action   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com     

William S. Cromarty is a former CIA officer and national security subject-matter expert in aerospace and satellite systems, space/counterspace weapons system counterproliferation, and aerospace-sector geopolitics. Drawing on years of undercover experience, William spearheads federal aerospace partnerships in support of America's most cutting-edge satellite and UAS programs. Prior to his former national security role, William served in the emergency management and Silicon Valley tech sectors with specialization in radio communications systems. William holds degrees from New York University and the Johns Hopkins Carey Business School, has performed NASA Astrobiology field research in austere regions, and is currently pursuing additional post-graduate studies in small satellite engineering at the George Mason Volgenau School of Engineering. Learn more about Will + Other Resources: LINKEDIN WEBSITE What is muscular Christianity? Fear God and Take Your Own Part St. Augustine Confessions Mere Christianity by C.S. Lewis Live Not By Lies The Benedict Option The Gulag Arhcipelago --- Support this podcast: https://podcasters.spotify.com/pod/show/youflourish/support

In this episode, I highlight some key concepts from the amazing conversation I had with Dr David Smith  [Original air date August 10th].Strangely enough, one group of people that isn't top of mind when thinking about who to include in DEI conversations, are the white male leaders who can actually do a lot to improve equity at a company.When we create an inclusive forum, that welcomes everyone, including white men, where everyone feels safe, and their voices are valued, then we can start to make some big gains in equity, and inclusion and representation. More about Dr David Smith:Dr. David Smith, PhD, is co-author of the book, Good Guys: How Men Can Be Better Allies for Women in the Workplace and an Associate Professor at the Johns Hopkins Carey Business School. David is a former Navy pilot who  led diverse organizations of women and men, culminating in command of a squadron in combat. Over the course of his 30 year military career, Dr. Smith flew more than 3,000 hours including combat missions in Iraq and Afghanistan. As a sociologist trained in military sociology and social psychology, he focuses his research in gender, work, and family issues including gender bias in performance evaluations, dual-career families, military families, women in the military, and retention of women employees. He is the co-author of Athena Rising: How and Why Men Should Mentor Women and numerous journal articles and book chapters that focus on gender and the workplace. Learn more about David at: workplaceallies.com

What is the fastest way to create sweeping improvements in equity and inclusion? Invite white men to the conversation! In this weeks episode, Dr. David Smith and I unpack the research that supports how engaging men as active allies and sponsors, creates inclusion for them in the equitable future we are all moving toward.More about Dr David Smith:Dr. David Smith, PhD, is co-author of the book, Good Guys: How Men Can Be Better Allies for Women in the Workplace and an Associate Professor at the Johns Hopkins Carey Business School. David is a former Navy pilot who  led diverse organizations of women and men, culminating in command of a squadron in combat. Over the course of his 30 year military career, Dr. Smith flew more than 3,000 hours including combat missions in Iraq and Afghanistan. As a sociologist trained in military sociology and social psychology, he focuses his research in gender, work, and family issues including gender bias in performance evaluations, dual-career families, military families, women in the military, and retention of women employees. He is the co-author of Athena Rising: How and Why Men Should Mentor Women and numerous journal articles and book chapters that focus on gender and the workplace. Learn more about David at: workplaceallies.com

Ge Bai is a professor of accounting at the Johns Hopkins Carey Business School and a professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. Stephen Morrissey, the interviewer, is the Executive Managing Editor of the Journal. G. Bai, S. Letchuman, and D.A. Hyman. Do Nonprofit Hospitals Deserve Their Tax Exemption? N Engl J Med 2023;389:196-197.

Interview with Professor David Smith / Naval Aviator, Gender Rights ExpertHOSTED BY PAUL SULLIVANA Naval Academy graduate, David is an associate Professor at the Johns Hopkins Carey Business School where he focuses on inclusive leadership and gender in the workplace. His life in academia started after his stint as a Naval aviator, flying combat missions in Iraq and Afghanistan. How did he come to his research? He saw his wife, a fellow Naval Academy graduate, struggle far more than he did, despite being just as well educated and trained. Learn how to be a more inclusive leader.---Get our free newsletter covering all things fatherhood delivered straight to your inbox: https://thecompanyofdads.com/thedad/

Today, I interview Jeff Davis. Unfortunately, Jeff's childhood was filled with bullying. He was a late bloomer, so he was the little guy surrounded by other boys who were getting tall and growing up. Because of this, he didn't have a girlfriend and he was teased a lot. He also had a lisp and a self-soothing habit of sucking his thumb, and people often beat him up, called him names, and told him he was worthless and stupid. Jeff's parents loved him and did the best they could, but they had not equipped him with the foundation necessary for surviving all the negativity of this world. They were kind, hardworking people, but their way of responding to Jeff was to use words they thought would solve problems but which were actually hurting him and making his life more difficult. The bullying and lack of support from his parents in his childhood led to very difficult high school years for Jeff. In the spring of his senior year, after being diagnosed with clinical depression, Jeff went to the garage one day, grabbed a length of rope, and headed toward a tree in his backyard, where he planned to take his life. Then, Jeff refers to a "spark of hope" which was present with him in that moment, telling him to put the rope down and go back to his room. He felt comforted for a brief moment. Later the spark of hope let him know that he would change lives by sharing his story about this rock-bottom time for him. This "intuitive knowing" told him that he was meant to live longer. He went up to his room and did a meditation, during which he had the most profound experience. He had the epiphany that our self worth has nothing to do with our circumstances. Today, Jeff reminds us that we can seek help, and that we have all the answers we need, deep down inside of us. __________________ Jeff Davis is the award-winning author of three books, in addition to being a blogger, professional speaker, and consultant. He has done keynote speeches internationally and is a sought-after expert in mental health, authentic leadership, and resiliency. He's also a TEDx speaker, Forbes contributor, and consistently featured on the top podcasts in the world. Jeff frequently speaks to and consults with schools, nonprofits, organizations, associations, conferences, and businesses. Nicknamed The Muhammad Ali of Mental Health, he's known for his ability to shine light on challenging topics. He's been to five different continents and has a Master's degree from Johns Hopkins Carey Business School. Originally from Connecticut, he currently lives abroad in Rotterdam, Netherlands. Find Jeff here: https://www.linkedin.com/in/speakerjeffdavis/ https://www.youtube.com/@jeffdavisauthor https://www.facebook.com/authorjeffdavis https://jeffdspeaks.com/authentic-leadership-blog/ For a free PDF copy of Jeff's Amazon bestseller "The Power of Authentic Leadership", email him at jeff@jeffdspeaks.com. _________________I'm your podcast host, Dr. Doreen Downing, and I help people find their voice so they can overcome anxiety, be confident, and speak without fear. Get started now on your journey to your authentic voice by downloading my Free 7 Step Guide to Fearless Speaking: https://www.doreen7steps.com.   

Yuval Bar-Or, PhD, brings us more exceptionally valuable financial information for faculty in his third unforgettable appearance on our show this week. Dr. Bar-Or is an Associate Professor with the Johns Hopkins Carey Business School. He is the author of seven books, including the Pillars of Wealth series for medical professionals. In a field full of confusing terms and jargon, he covers the basics of personal finance for medical professionals with an easily understandable use of plain language in all his appearances on our show. Today's discussion involves the importance of knowing your net worth (a.k.a. nest egg), investing basics and retirement planning. Learn More: https://bit.ly/41DFDN7 

Is gender equality in the workplace just a pipe dream? That's what I discussed with David G. Smith—Co-Author of Good Guy: How Men Can Be Better Allies For Women In The Workplace and Associate Professor at the Johns Hopkins Carey Business School. Our conversation was open, honest, realistic, and exciting. I can say with 100% confidence that David is one of the Good Guys, and we need more like him to do the work and lead the charge for gender equality. Show Notes 2:30: David's story: From the military to a champion for women's rights in the workplace and what experiences led him to perceive many issues when it comes to workplace equality 09:20: #MeToo backlash? Why men report being unsure about how to interact with women in the workplace. 11:16: Is the current cultural atmosphere, influencing many to refuse to identify as a certain gender in fear of backlash? Why David believes education around various gender identities has the potential to make everybody more empathetic, particularly men. 15:17: How can we overcome issues in communication? Is assuming good intent the key? Why mutual avoidance is not the right answer. 16:37: Why some women experience reluctance when having to mentor or interact with men. 18:56: Why zero-sum thinking, i.e. if women gain ground, men must by extension lose ground, hurts everyone 19:51: In the WFH environment, men have taken on more roles within the household, but the roles are still far from balanced 26:29: Should we be hopeful? David believes real change is within the grasp of the next generation 28:38: David's forthcoming book: a look into how men are becoming more equitable in the workplace David's links: Website: https://www.workplaceallies.com/ Book: Good Guys: How Men Can Be Better Allies For Women In The Workplace LinkedIn: https://www.linkedin.com/in/davidgsmithphd/ Twitter: davidgsmithphd

This week, Gemma sits down with Dr. David G. Smith and Dr. W. Brad Johnson to discuss the power of male allyship at work, and their book, Good Guys: How Men Can Be Better Allies for Women in the Workplace (Harvard Business Review Press, 2020). Dr. Smith is an Associate Professor at the Johns Hopkins Carey Business School and a former Navy pilot whose research focuses on gender, work, and family. Dr. Johnson is a clinical psychologist and Professor of Psychology at the US Naval Academy, and a Faculty Associate in the Graduate School of Education at Johns Hopkins University. In this episode of Have You Had This Conversation, we explore the numerous benefits of male allyship, mentorship, and inclusive leadership - both for men, women, and the organizations they work for. We unpack topics like the “bro code” and unconscious bias, and outline practical steps like setting equity goals and publishing progress, building a network of allies and sponsors, taking a first step, handling resistance, and becoming a true 21st-century leader. Connect with us: tonenetworks.com Instagram: @tonenetworks LinkedIn: TONE Networks Resources: Learn more: workplaceallies.com davidgsmithphd.com, Instagram: @davidgsmithphd wbradjohnson.com

In today's episode, we discuss what price transparency and hospital disclosures of prices tell us about hospital pricing. Our guest is Ge Bai, Professor of Accounting at Johns Hopkins Carey Business School and Professor of Health Policy & Management at Johns Hopkins Bloomberg School of Public Health. Bai is fascinated by money and time. Through the lens of accounting, she is an expert in healthcare finance and policy. Today we talk about what the Hospital Price Transparency Final Rule and hospital disclosures about prices tell us about the healthcare market and how it still fails to manage high healthcare costs. More information and references for this episode can be found here.WebsiteEmail: unbiased.est@gmail.comTwitter: @UnbiasedEstPodThe Unbiased Estimator is a production of the Duke Med Econ Interest Group. Host @DanWangMed. Co-host and Mixed by @iAnkitChoudhury. Music by Coma-Media from Pixabay.

This show was one of the most popular episodes in the past 12 months. So, here it is again for your listening pleasure. Mostly this whole episode is about the so-called “Big Three” PBMs that provide between the three of them pharmacy benefit services for 95% of insured Americans. PBM stands for pharmacy benefit manager, and the Big Three PBMs being ESI, otherwise known as Express Scripts; OptumRx, which is a part (a big profitable part) of UnitedHealth Group; and then also CVS. Yes, CVS is not just for your retail pharmacy needs; they are also a huge pharmacy benefit manager. Now, we get to the GoodRx part of our story. If you don't know how GoodRx works, I would strongly encourage you to go back and listen to “An Expert Explains” with Dr. Ge Bai from last year (AEE13). That said, here's the super short semi-reductive version to keep us all level set here. If you already know how GoodRx works, you can skip forward about four minutes. So, first of all, let's all understand that GoodRx's business model only exists because the pharmacy supply chain dominated by these three big PBMs that we just talked about is such a cluster. GoodRx profits from that dysfunction. So, as I said, here's the short version of how they do that. It all hinges on so-called spread pricing, and this is what I mean by that. Patient goes into pharmacy with a prescription for generic drug X. The patient has insurance—good news! Pharmacist checks the computer and sees that this patient should be charged, I don't know, $50 for drug X. The patient's insurance carrier picks up, say, $30 of the $50 cost; and the patient is left with, say, a co-pay of $20. Who did that little math there in the computer? The PBM (the pharmacy benefit manager) did that math. That's their thing, these PBMs. They adjudicate claims. That's what this math is called. Anybody who goes into a pharmacy with a prescription, it's the PBM on the back end who figures out how much the patient owes and how much their insurance will pay and what the patient responsibility is, etc. Goodness, you might say. How much are the PBMs being paid to perform this useful service? Turns out, it's free. That's right … the Big Three PBMs do all this adjudication for free. No charge to plan sponsors. Isn't that nice? Except it's actually not free if you dig into it. The PBM is certainly getting paid by means of arbitrage. They're taking a little something something out of the middle of every single transaction. Here's what that looks like in the example aforementioned. Recall the patient's insurance paid $30, and the patient themselves paid $20. The question is, how much did that drug cost the PBM? Remember, that's commerce: Buy low, sell high, and all that. You buy something, and then you sell it for more than you bought it for. OK, so we're talking about a generic drug here. They're cheap (usually). So, let's just say drug X costs, I don't know, $5. The PBM pays the pharmacy $5 for that generic script—and you can see how much money the PBM just made right there. The patient and their plan sponsor got charged $50, and the PBM's cost of goods was $5. Multiply that profit margin by the billions of generic prescriptions in this country that run through insurance, and you have a tidy little business model there. UHG, the parent company of OptumRx, made $24 billion in profit in 2021. Not all of that was from generic drug arbitrage (ie, taking advantage of spread pricing), but some of it was. And $24 billion is an awfully big amount when you consider whose paychecks all those pennies were lifted from. PBM services are anything but free. PBMs are collecting massive windfalls in the so-called spread between what the patient and the plan pay and what the PBM is actually buying those drugs for. Here's another wrinkle: When a PBM contracts with a pharmacy, part of their contractual terms is that the pharmacy's list price for drugs cannot be lower than a certain amount usually having something to do with the PBM's rates. So, pharmacy list prices become artificially high as a result, meaning that cash-pay patients who just wander into a pharmacy and try to pay cash pay an artificially high price. Into this mess swoops GoodRx with a killer idea. They see all that money on the table that PBMs are cleaning up in that spread. They want a piece of that action. And in the beginning, PBMs were fully on board with this. They were fully on board because the market GoodRx was going after was the uninsured market, meaning untapped turf for PBMs. And because PBMs make so much money off of each transaction, PBMs are always hungry for more transactions (the Big Three PBMs, anyway). They love more transactions. The more more more with the transactions, the more more more with the money. So, GoodRx goes to the PBMs and says, “Hey … if a cash-pay patient shows up in a pharmacy, what price would you charge them for you to adjudicate that claim? You know how much money you have to pay the pharmacy, so what can the patient price be? What spread are you willing to accept? GoodRx will take a little off the top, but you can keep your spread on this new frontier of patients that you haven't historically had access to because … uninsured. Oh, by the way, we, GoodRx … we're gonna go around to all your competitors, too (just saying)—the other two PBMs—and we're gonna show their prices, too, in our GoodRx app at different pharmacies. So, you're gonna have to compete with other PBMs in this model.” This is why GoodRx cash prices for generics are so very very often less than what the patient will pay if they use their insurance. In the GoodRx app, PBMs have competition. So, by not using their insurance, patients often pay less for generic drugs—which, by the way, are 90% of the scripts written in this country—and also, as an added bonus, patients don't have to jump through all the weird and arduous prior auths or step therapies or other hurdles that a PBM might toss in the mix. So, from a patient perspective, using GoodRx could save money, save time, and you could get your drugs faster because you don't have to wait around for some prior auth to go through. But this was not what PBMs had originally thought they were signing up for. They were working with GoodRx to gain new market share from the uninsured market, not lose market share to more and more patients forgoing their insurance, meaning forgoing shelling out to the PBM their spread on the transaction. Cue my conversation today with Dr. Ge Bai. Ge Bai, PhD, CPA, is a professor of accounting at Johns Hopkins Carey Business School and a professor of health policy and management at Johns Hopkins Bloomberg School of Public Health. In this healthcare podcast, Ge Bai and I discuss the reactions of the Big Three PBMs to consumers getting all consumer-y when it comes to buying their generic drugs—despite the fact that, in my interview with Dr. Sunita Desai (EP334), she said that studies have shown that 67% of patients are unaware that they might be able to get a better price by not using their insurance and shopping around on GoodRx or Amazon or at a cost-plus pharmacy like Blueberry in Pittsburgh or Mark Cuban's new thing. Despite that, it means 33% (one-third) of patients are aware that they can price shop and potentially get a better price not using their insurance on generic drugs; and apparently, it's making some people at some PBMs nervous. Check the ESI (Express Scripts) blog post about their new prescription benefit that automatically applies discounts. Hmmm … sounds like a defensive play to me? What do we make of this? That's my first question to Dr. Ge Bai in this episode. Also, if you're really intrigued by generic drug goings-on, go back and listen to the show with Dr. Steven Quimby (EP344) when you have a chance. It's about the high cost of generic drugs, and we go deep into supply chain machinations.   You can learn more on Ge's Web site at Johns Hopkins University. You can also connect with her on LinkedIn. Ge Bai, PhD, CPA, is professor of accounting at the Johns Hopkins Carey Business School and professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. She is an expert on healthcare pricing, policy, and management. Dr. Bai has testified before the House Ways and Means Committee, written for the Wall Street Journal, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, JAMA Internal Medicine, Annals of Internal Medicine, and Health Affairs. Her work has been widely featured on ABC, CBS, NBC, Fox News, CNN, and NPR and in the Los Angeles Times, New York Times, Wall Street Journal, Washington Post, and other media outlets and used in government regulations and congressional testimonies.   08:39 What is ESI doing by automatically applying discounts to generic drugs? 09:53 Why are PBMs losing money when consumers don't use their benefit? 10:40 “GoodRx disrupted the ongoing game.” 10:58 How are PBMs using the Amazon discount card to discourage their patients from moving away from using their benefits? 12:07 Amazon pricing versus GoodRx pricing. 12:44 How much money is a PBM really making? 13:54 EP344 with Steven Quimby, MD. 14:24 EP334 with Sunita Desai, PhD. 14:37 How is future fear playing into the PBM business model? 16:49 Is there a negative consequence to subtracting from the bottom line in a PBM model? 17:44 “I think to have strong PBMs does not mean necessarily bad things for patients.” 19:33 What happens if everyone uses Amazon for drugs? 22:33 If every PBM gets their own discount cards, what will happen? 25:32 “We are actually witnessing a potential sea change.” 26:19 How do cost-plus pharmacies factor into the current market? 29:09 Is a profit shortfall inevitable? 29:28 “PBMs have to give a slice of their profit back to consumers. That's just reality.” 30:05 Can anything be done on the PBM side to generate a higher margin in the generic space? 31:34 “Naive plan sponsors are a big problem.” You can learn more on Ge's Web site at Johns Hopkins University. You can also connect with her on LinkedIn.   @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing What is ESI doing by automatically applying discounts to generic drugs? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Why are PBMs losing money when consumers don't use their benefit? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “GoodRx disrupted the ongoing game.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How are PBMs using the Amazon discount card to discourage their patients from moving away from using their benefits? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Amazon pricing versus GoodRx pricing. @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How much money is a PBM really making? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How is future fear playing into the PBM business model? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Is there a negative consequence to subtracting from the bottom line in a PBM model? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “I think to have strong PBMs does not mean necessarily bad things for patients.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing What happens if everyone uses Amazon for drugs? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing If every PBM gets their own discount cards, what will happen? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “We are actually witnessing a potential sea change.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How do cost-plus pharmacies factor into the current market? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Is a profit shortfall inevitable? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “PBMs have to give a slice of their profit back to consumers. That's just reality.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Can anything be done on the PBM side to generate a higher margin in the generic space? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “Naive plan sponsors are a big problem.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Recent past interviews: Click a guest's name for their latest RHV episode! Dave Dierk and Stacey Richter (INBW37), Merrill Goozner, Betsy Seals (EP387), Stacey Richter (INBW36), Dr Eric Bricker (Encore! EP351), Al Lewis, Dan Mendelson, Wendell Potter, Nick Stefanizzi, Brian Klepper (Encore! EP335), Dr Aaron Mitchell (EP382), Karen Root, Mark Miller, AJ Loiacono, Josh LaRosa, Stacey Richter (INBW35), Rebecca Etz (Encore! EP295), Olivia Webb (Encore! EP337), Mike Baldzicki, Lisa Bari, Betsy Seals (EP375), Dave Chase, Cora Opsahl (EP373), Cora Opsahl (EP372), Dr Mark Fendrick (Encore! EP308), Erik Davis and Autumn Yongchu (EP371), Erik Davis and Autumn Yongchu (EP370), Keith Hartman

One of the biggest challenges to self-care is that it means different things to different people. Is it bubble baths and facials? Nice vacations and or buying a coveted outfit or pair of shoes? Or is it advocating for reasonable wages and safe working conditions? For some, self-care is a justification to splurge or just take a dang day off when a justification sadly should not be needed. For others, self-care is a means of survival and maintaining the capacity to keep moving forward when things feel bleak.And all too often, self-care is now presented with an individualist lens that puts the onus firmly on us and ignores the systemic influences that get in the way of caring for ourselves, and the  very real need for community and support in our lives.Self-care is not a problem that can be solved through consumption or a prescriptive plan but is both an individual practice and deeply relational and connected to the communal.So when I read an article by today's guest about how we need to stop framing wellness programs around Self Care, I reached out and invited her to join me on the show. Dr. Michelle Barton is an Associate Professor at the Johns Hopkins Carey Business School with expertise in organizational and team resilience, managing uncertainty, and interpersonal effectiveness during adversity.Drawing from wildland firefighting, high-tech entrepreneurship, expedition racing, and military operations, her research considers how groups make sense of ambiguous situations, how they coordinate, learn and share knowledge in the midst of confusion, and how they mitigate and recover from adversity. She is especially focused on the relational dynamics that enable these practices.Dr. Barton's research has appeared in many academic and practitioner journals and she has presented her work at venues such as NASA, the U.S. Army Medical Command, Johns Hopkins University Patient Safety Conference, and Boston Medical Center among others. Listen to the full episode to hear:Why relationships and connectedness are actually the keys to resilienceHow popular framings of grit and resilience ignore our agency in the face of adversityWhy we need to place the burden on systems and organizations for creating environments where we don't need to be as resilientWhy leaders who help their teams grapple with negative emotions collectively have better outcomesHow to foster connection within organizations before there's a crisisLearn more about Dr. Michelle Barton:Michelle Barton, PhD, Faculty PageConnect with Dr. Barton on LinkedInLearn more about Rebecca:rebeccaching.comWork With RebeccaSign up for the weekly Unburdened Leader EmailResources:"Stop Framing Wellness Programs Around Self-Care"The Last of the Wine, Mary RenaultQueen - “Don't Stop Me Now”Dark WindsThe Princess Bride

Asset management is one of the most crucial components of executing the business plan. It also comes with dealing with the blocking and tackling of property operations. It's important that your asset manager know how to play both offense and defense. In this episode, Lloyd Grosklags shares his journey from brokerage to becoming a partner at Argus Eyed Partners. At Argus Eyed Partners, Lloyd is responsible for the asset management of direct real estate investments across new ground up developments and value-add investment strategies. Prior to Argus Eyed Partners, he has worked in affordable and market rate development and private equity, working to source opportunities and grow both teams and portfolios. Lloyd earned his bachelor's degree from UW-Milwaukee, and a Masters in Real Estate Development and Infrastructure from the Johns Hopkins Carey Business School. In this episode, we discuss: The in-depth role of an asset manager Top KPIs to track when assessing property performance How to lower your risk when dealing with contractors The importance of investor communication as an asset manager Lloyd's Linkedin: https://www.linkedin.com/in/lloyd-grosklags Lloyd's Company Website: www.arguseyed.com Interested in investing in commercial real estate opportunities? Join our investor group here. Check out our FREE multifamily due diligence checklist to avoid costly mistakes. Click here to download the checklist. Check out our FREE Syndication Guide For Passive Investors to learn everything you know need to know BEFORE you passively invest in real estate. Click here to download the free guide.

In this episode, Brian Curtis, Ph.D. speaks with Brian Gunia, Ph.D.   Dr. Gunia is a Professor and Associate Dean for Academic Programs at the Johns Hopkins Carey Business School.   His research focuses on simple, theoretically motivated interventions to help people act more ethically, negotiate more effectively, and improve their lives by improving their sleep.   Dr. Gunia recently wrote a great review article titled “Sleep and Deception” that was published in 2022 in the journal, Current Opinion in Psychology, which explores the indirect relationships and the direct relationships between unhealthy sleep and unethical decision making with a primary emphasis on deception.   You can learn more about Dr. Gunia and his work by visiting his website at briangunia.com.   And as always, if you're interested in getting a free year of the soon-to-be-released Experimental Honesty app by testing and giving feedback on the initial version releases, you can head over to experimentalhonesty.com.

Listen on: iTunes Anchor Spotify Google Guest: Sharon Kim Social Media: @sharonhkim Principle of Executive Success and Amazon. Former faculty member at the Johns Hopkins Carey Business School and the Director of Innovation and Human-Centered Design. I love all things related to creativity and problem solving. I'm also the mom to two small kids. Website: Thesuccessjourneyshow.com Email: successjourneypodcast@Gmail.com Facebook: @successjourneyshow Instagram: @successjourneyshow Twitter: @success_show

What role should men play in the quest for gender equality at work? In today's episode, Emilie speaks with David Smith, an associate professor at the Johns Hopkins Carey Business School and co-author of Good Guys: How Men Can Be Better Allies for Women in the Workplace, all about the impact true allyship has on achieving gender equity at work.Related Links:Learn more about David's work here Good Guys: How Men Can Be Better Allies for Women in the  Workplace Enroll in Level Up, our leadership accelerator Iris Bonet: What Works: Gender Equality by Design Ep 03: How to Get a Male MentorEp 263: How to Command your Story in an InterviewEp 249: How to be a Concise, Compelling, and Cogent CommunicatorEp 347: How to Reset Your Inner Narrative and Reclaim Your ConfidenceEmilie's LinkedIn Learning Course: Becoming a Male Ally at WorkJoin us in the Bossed Up Courage Community on FacebookGot a boss move to share? Schedule a call to chat with EmilieGot a career conundrum you want us to cover on the podcast? Leave a voicemail at 910-668-BOSS(2677) or shoot us an email at info@bossedup.org. 

Frank Schaeffer In Conversation with Good Guys and Athena Rising Authors, David Smith and Brad Johnson, exploring the importance of and true meaning of Male Allyship._____LINKShttps://www.workplaceallies.com/http://www.wbradjohnson.comBOOKSGood Guys: How Men Can Be Better Allies for Women in the Workplacehttps://www.amazon.com/dp/1633698726?tag=&linkCode=osi&th=1&psc=1Athena Rising: How and Why Men Should Mentor Womenhttps://www.amazon.com/dp/1633699455?tag=&linkCode=osi&th=1&psc=1_____David Smith, PhD, is co-author of the book, Good Guys: How Men Can Be Better Allies for Women in the Workplace and an Associate Professor at the Johns Hopkins Carey Business School. A former Navy pilot, Dr. Smith led diverse organizations of women and men culminating in command of a squadron in combat and flew more than 3,000 hours over 30 years including combat missions in Iraq and Afghanistan. As a sociologist trained in military sociology and social psychology, he focuses his research in gender, work, and family issues including gender bias in performance evaluations, dual career families, military families, women in the military, and retention of women. He is the co-author of Athena Rising: How and Why Men Should Mentor Women and numerous journal articles and book chapters that focus on gender and the workplace. Learn more about David at: workplaceallies.comW. Brad Johnson, PhD is Professor of psychology in the Department of Leadership, Ethics and Law at the United States Naval Academy, and a Faculty Associate in the Graduate School of Education at Johns Hopkins University. A clinical psychologist, Dr. Johnson is a mentoring expert specializing in developing gender-inclusive mentoring cultures for organizations around the globe. Dr. Johnson is the author of numerous publications including 14 books, in the areas of mentoring, professional ethics, gender inclusion. Recent books include: Good Guys: How Men Can Become Better Allies for Women in the Workplace, Athena Rising: How and Why Men Should Mentor Women (both with David Smith) and the Elements of Mentoring 3rd Ed. (with Charles Ridley)._____In Conversation… with Frank Schaeffer is a production of the George Bailey Morality in Public Life Fellowship. It is hosted by Frank Schaeffer, author of Fall In Love, Have Children, Stay Put, Save the Planet, Be Happy.Learn more at https://www.lovechildrenplanet.comFollow Frank on Facebook, Twitter, and YouTube.https://www.facebook.com/frank.schaeffer.16https://twitter.com/Frank_Schaefferhttps://www.youtube.com/c/FrankSchaefferYouTubeIn Conversation… with Frank Schaeffer PodcastApple Podcasts: https://podcasts.apple.com/us/podcast/in-conversation-with-frank-schaeffer/id1570357787_____Support the show

Today, during the first half of the noon Midday hour, we continue WYPR's Special Live Coverage of the historic rulingending abortion rightshanded down Friday morning in a 6-3 decision by the conservative majority of the US Supreme Court. Ahead of President Joe Biden's scheduled remarks on the ruling at 12:33pm, Midday host Tom Hallspeaks with Prof. Margaret Johnson, co-director of the Center on Applied Feminism at the University of Baltimore School of Law, and director of the law school's Bronfein Family Law Clinic. Later in the half hour, Tom speaks with Maryland State Delegate Emily Shetty (Democrat, Dist.18) about the ruling's human and political impacts. Then, WYPR News reporter Rachel Baye joins us with excerpts from her interview Thursday with Karen Nelson, the president and CEO of Planned Parenthood of Maryland, who notes that while abortion will remain legal in Maryland, she is expecting the large influx of residents from states that have banned abortions to put a significant strain on Maryland's reproductive health resources. ______________________________________ Our continuing live, local coverage of Friday's historic Supreme Court ruling resumes during the 3pm hour. Midday host Tom Hall returns for a full hour of live conversation and listener interaction. Tom's guests this hour include Stacey Lee, associate professor of the Practice at the Johns Hopkins Carey Business School; Dr. Lisa Cooper, founding director of the Center for Health Equity, part ofthe Johns Hopkins Bloomberg School of Public Health; and WYPR reporterJohn Lee, who joins us to share some of his interviews with Heather Mizeur, aformer Maryland State Delegate and currently a Democratic primary candidate for Maryland's 1st District US Congressional seat, and Dave Harden, a rival Democratic primary candidate for that 1st District seat. The incumbent 1st District congressman, Republican Andy Harris, declined John's request for an interview, but his office released a statement supporting the Court's decision to overturn Roe v. Wade. Stay tuned to WYPR this weekend for more of NPR's special coverage of the Supreme Court ruling striking down abortion rights. Midday's live coverage will continue during our regular noon-1pm broadcast on Monday, June 27. For a list of pro-choice events and demonstrations happening this weekend, go to the wewontgoback.com Website. For information on the anti-abortion movement, visit the March for Life site. See omnystudio.com/listener for privacy information.

Today on the show, we're discussing male allyship and exploring some of the common deflections we hear from men that keep them from getting into the game. We're excited to welcome back to the show, Dave Smith, co-author of the book, Good Guys: How Men Can Be Better Allies for Women in the Workplace and an Associate Professor at the Johns Hopkins Carey Business School. A former Navy pilot and squadron commander, Dave is also a sociologist and focuses his research in gender, work, and family issues including allyship, inclusive mentorship, gender bias in performance evaluations, and dual career families. Dave is widely recognized as a generous ally and advocate who continues to use his voice to encourage more courageous and effective allyship in the workplace. Today we discuss: How we define “deflection” and what sets it apart from other common distractions on the road to equity and inclusion. Productive ways to engage deflection. Ideas for engaging male allies more effectively in the workplace.  Connect with Julien Geiser at GreatheartConsulting.com and https://www.linkedin.com/in/greatheartconsulting/   Inclusion Catalyst invites you to become our next guest host. Learn more here: http://inclusioncatalyst.com/join-us-as-a-guest-host/ Support Inclusion Catalyst by contributing to their tip jar: https://tips.pinecast.com/jar/inclusion-catalyst This podcast is powered by Pinecast.

This week Charli talks to Dr. Alexa Chilcutt about professional development and continuing education at the corporate level with a focus on leadership and communication.  Dr. Alexa Chilcutt is an alumna of The University of Alabama where she earned her M.A. in Public Relations and Ph.D. in Communication and Information Sciences. She currently serves as the faculty lead for Johns Hopkins Carey Business School's Executive Education Business Communication Certificate program where she teaches courses on topics including communication, impression management/executive presence, presentation skills, and team leadership. Alexa was an Associate Professor and Director of The Public Speaking Program at The University of Alabama, from 2010 - Spring 2021. She co-authored the book, "Engineered to Speak: Helping You Create and Deliver Engaging Technical Presentations" (IEEE PCS Professional Engineering Communication Series) with Dr. Adam Brooks and has publications featured in MedEdPORTAL, Journal of American Dental Association (JADA), Association of General Dentist's "Impact" magazine, Public Relations Journal, and Georgia Academy of General Dentistry's Explorer magazine.Interview @ 9:15 Lets Get Social!#ManufacturingMonday with CURFLOCURFLO was founded in 2015 in Houston, TX as part of the Curry Supply Group. CURFLO's mission from the beginning was to provide the highest quality aftermarket pumps and components to industrial, chemical, and oil & gas markets. Today, CURFLO offers a complete range of ANSI B73.1pumps and components, Blender Discharge pumps, Self-priming trash pumps, and Internal Gear pumps. Supplied from our 32,000 square foot manufacturing facility in Deer Park, TX, CURFLO has become the leader in delivery lead times in the aftermarket pump segment, while maintaining a consistently high level of product quality and offering competitive pricing.Fluid Sealing Association Virtual Spring Meeting has been scheduled for May 10-12, 2022Virtual Meetups:Empowering Women - Wed, May 11th (every second Wed) at 11 CTMentorship Circles - every 2nd Monday, May 9thBook Club - May 24thEmpowering Pumps – May 17 (every third Tuesday) at 10 am CT Join us on SlackIN THE NEWSAmusement Parks Need Gear Motors Too!By: Altra Industrial MotionKeeping Innovative Electrolysis Systems Cool and Flowing By: FlowserveYou can always reach us through social @EmpoweringPumps on Facebook, LinkedIn,  Instagram and Twitter and using the hashtag #EmpoweringIndustryPodcast or via email podcast@empoweringpumps.com

In Part III of this series, Life in Rural America — 2022 and Beyond — produced in collaboration with and underwritten by the Robert Wood Johnson Foundation, Michelle chats with Ge Bai, Professor of Accounting at the Johns Hopkins Carey Business School and Professor of Health Policy & Management at the Johns Hopkins Bloomberg School of Public Health; Keith Mueller, Gerhard Hartman Professor in Health Management and Policy, University of Iowa and Director of the Rural Policy Research Institute and its Center for Rural Health Policy Analysis; and Sally Buck, CEO of the National Rural Health Resource Center. Ge discusses the recent financial challenges and most important issues facing rural hospitals today, such as low occupancy rate. Mueller talks about how rural hospitals can retain the brand of the “blue H” while no longer being dependent on the volumes of inpatient care for their identity. He notes that certain hospitals have been able to achieve “turnarounds” through a variety of measures, including developing a mix of services, collaborating with other institutions in the community and, for new CEOs, totally immersing themselves in the community and meeting their population's health needs. Buck points out the attributes and best practices that make certain CAHs more financially viable than others, the burnout and turnover conundrum, and how federal programs can improve the financial and quality performance of hospitals in rural communities. This episode and the entire six-part series is sponsored by the Robert Wood Johnson Foundation, the nation's largest philanthropy dedicated solely to health. For more information, visit rwjf.org or @rwjf on Twitter.

So … let's start here. Mostly this whole episode is about the so-called “Big Three” PBMs that provide between the three of them pharmacy benefit services for 95% of insured Americans. PBM stands for pharmacy benefit manager, and the Big Three PBMs being ESI, otherwise known as Express Scripts; OptumRx, which is a part (a big profitable part) of United Health Group; and then also CVS. Yes, CVS is not just for your retail pharmacy needs; they are also a huge pharmacy benefit manager. Now, we get to the GoodRx part of our story. If you don't know how GoodRx works, I would strongly encourage you to go back and listen to “An Expert Explains” with Dr. Ge Bai from last year (AEE13). That said, here's the super short semi-reductive version to keep us all level set here. If you already know how GoodRx works, you can skip forward about four minutes.  So, first of all, let's all understand that GoodRx's business model only exists because the pharmacy supply chain dominated by these three big PBMs that we just talked about is such a cluster. GoodRx profits from that dysfunction. So, as I said, here's the short version of how they do that. It all hinges on so-called spread pricing, and this is what I mean by that. Patient goes into pharmacy with a prescription for generic drug X. The patient has insurance—good news! Pharmacist checks the computer and sees that this patient should be charged, I don't know, $50 for drug X. The patient's insurance carrier picks up, say, $30 of the $50 cost; and the patient is left with, say, a co-pay of $20. Who did that little math there in the computer? The PBM (the pharmacy benefit manager) did that math. That's their thing, these PBMs. They adjudicate claims. That's what this math is called. Anybody who goes into a pharmacy with a prescription, it's the PBM on the back end who figures out how much the patient owes and how much their insurance will pay and what the patient responsibility is, etc. Goodness, you might say. How much are the PBMs being paid to perform this useful service? Turns out, it's free. That's right … the Big Three PBMs do all this adjudication for free. No charge to plan sponsors. Isn't that nice? Except it's actually not free if you dig into it. The PBM is certainly getting paid by means of arbitrage. They're taking a little something something out of the middle of every single transaction. Here's what that looks like in the example aforementioned. Recall the patient's insurance paid $30, and the patient themselves paid $20. The question is, how much did that drug cost the PBM? Remember, that's commerce: Buy low, sell high, and all that. You buy something, and then you sell it for more than you bought it for. OK, so we're talking about a generic drug here. They're cheap (usually). So, let's just say drug X costs, I don't know, $5. The PBM pays the pharmacy $5 for that generic script—and you can see how much money the PBM just made right there. The patient and their plan sponsor got charged $50, and the PBM's cost of goods was $5. Multiply that profit margin by the billions of generic prescriptions in this country that run through insurance, and you have a tidy little business model there. UHG, the parent company of OptumRx, made $24 billion in profit in 2021. Not all of that was from generic drug arbitrage (ie, taking advantage of spread pricing), but some of it was. And $24 billion is an awfully big amount when you consider whose paychecks all those pennies were lifted from. PBM services are anything but free. PBMs are collecting massive windfalls in the so-called spread between what the patient and the plan pay and what the PBM is actually buying those drugs for. Here's another wrinkle: When a PBM contracts with a pharmacy, part of their contractual terms is that the pharmacy's list price for drugs cannot be lower than a certain amount usually having something to do with the PBM's rates. So, pharmacy list prices become artificially high as a result, meaning that cash-pay patients who just wander into a pharmacy and try to pay cash pay an artificially high price. Into this mess swoops GoodRx with a killer idea. They see all that money on the table that PBMs are cleaning up in that spread. They want a piece of that action. And in the beginning, PBMs were fully on board with this. They were fully on board because the market GoodRx was going after was the uninsured market, meaning untapped turf for PBMs. And because PBMs make so much money off of each transaction, PBMs are always hungry for more transactions (the Big Three PBMs, anyway). They love more transactions. The more more more with the transactions, the more more more with the money. So, GoodRx goes to the PBMs and says, “Hey … if a cash-pay patient shows up in a pharmacy, what price would you charge them for you to adjudicate that claim? You know how much money you have to pay the pharmacy, so what can the patient price be? What spread are you willing to accept? GoodRx will take a little off the top, but you can keep your spread on this new frontier of patients that you haven't historically had access to because … uninsured. Oh, by the way, we, GoodRx … we're gonna go around to all your competitors, too (just saying)—the other two PBMs—and we're gonna show their prices, too, in our GoodRx app at different pharmacies. So, you're gonna have to compete with other PBMs in this model.” This is why GoodRx cash prices for generics are so very very often less than what the patient will pay if they use their insurance. In the GoodRx app, PBMs have competition. So, by not using their insurance, patients often pay less for generic drugs—which, by the way, are 90% of the scripts written in this country—and also, as an added bonus, patients don't have to jump through all the weird and arduous prior auths or step therapies or other hurdles that a PBM might toss in the mix. So, from a patient perspective, using GoodRx could save money, save time, and you could get your drugs faster because you don't have to wait around for some prior auth to go through. But this was not what PBMs had originally thought they were signing up for. They were working with GoodRx to gain new market share from the uninsured market, not lose market share to more and more patients forgoing their insurance, meaning forgoing shelling out to the PBM their spread on the transaction. Cue my conversation today with Dr. Ge Bai. Ge Bai, PhD, CPA, is a professor of accounting at Johns Hopkins Carey Business School and a professor of health policy and management at Johns Hopkins Bloomberg School of Public Health. In this healthcare podcast, Ge Bai and I discuss the reactions of the Big Three PBMs to consumers getting all consumer-y when it comes to buying their generic drugs—despite the fact that, in my interview with Dr. Sunita Desai (EP334), she said that studies have shown that 67% of patients are unaware that they might be able to get a better price by not using their insurance and shopping around on GoodRx or Amazon or at a cost-plus pharmacy like Blueberry in Pittsburgh or Mark Cuban's new thing. Despite that, it means 33% (one-third) of patients are aware that they can price shop and potentially get a better price not using their insurance on generic drugs; and apparently, it's making some people at some PBMs nervous.   Check the ESI (Express Scripts) blog post about their new prescription benefit that automatically applies discounts. Hmmm … sounds like a defensive play to me? What do we make of this? That's my first question to Dr. Ge Bai in this episode.   Also, if you're really intrigued by generic drug goings-on, go back and listen to the show with Dr. Steven Quimby (EP344) when you have a chance. It's about the high cost of generic drugs, and we go deep into supply chain machinations.    You can learn more on Ge's Web site at Johns Hopkins University. You can also connect with her on LinkedIn. Ge Bai, PhD, CPA, is professor of accounting at the Johns Hopkins Carey Business School and professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. She is an expert on healthcare pricing, policy, and management. Dr. Bai has testified before the House Ways and Means Committee, written for the Wall Street Journal, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, JAMA Internal Medicine, Annals of Internal Medicine, and Health Affairs. Her work has been widely featured on ABC, CBS, NBC, Fox News, CNN, and NPR and in the Los Angeles Times, New York Times, Wall Street Journal, Washington Post, and other media outlets and used in government regulations and congressional testimonies. 08:45 What is ESI doing by automatically applying discounts to generic drugs? 10:00 Why are PBMs losing money when consumers don't use their benefit? 10:46 “GoodRx disrupted the ongoing game.” 11:04 How are PBMs using the Amazon discount card to discourage their patients from moving away from using their benefits? 12:13 Amazon pricing versus GoodRx pricing. 12:50 How much money is a PBM really making? 14:00 EP344 with Steven Quimby, MD.14:29 EP334 with Sunita Desai, PhD.14:43 How is future fear playing into the PBM business model? 16:55 Is there a negative consequence to subtracting from the bottom line in a PBM model? 17:50 “I think to have strong PBMs does not mean necessarily bad things for patients.” 19:39 What happens if everyone uses Amazon for drugs? 22:40 If every PBM gets their own discount cards, what will happen? 25:38 “We are actually witnessing a potential sea change.” 26:25 How do cost-plus pharmacies factor into the current market? 29:16 Is a profit shortfall inevitable? 29:35 “PBMs have to give a slice of their profit back to consumers. That's just reality.” 30:11 Can anything be done on the PBM side to generate a higher margin in the generic space? 31:41 “Naive plan sponsors are a big problem.” You can learn more on Ge's Web site at Johns Hopkins University. You can also connect with her on LinkedIn. @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing What is ESI doing by automatically applying discounts to generic drugs? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Why are PBMs losing money when consumers don't use their benefit? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “GoodRx disrupted the ongoing game.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How are PBMs using the Amazon discount card to discourage their patients from moving away from using their benefits? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Amazon pricing versus GoodRx pricing. @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How much money is a PBM really making? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How is future fear playing into the PBM business model? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Is there a negative consequence to subtracting from the bottom line in a PBM model? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “I think to have strong PBMs does not mean necessarily bad things for patients.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing What happens if everyone uses Amazon for drugs? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing If every PBM gets their own discount cards, what will happen? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “We are actually witnessing a potential sea change.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing How do cost-plus pharmacies factor into the current market? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Is a profit shortfall inevitable? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “PBMs have to give a slice of their profit back to consumers. That's just reality.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Can anything be done on the PBM side to generate a higher margin in the generic space? @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing “Naive plan sponsors are a big problem.” @GeBaiDC of @JohnsHopkins discusses #PBMs on our #healthcarepodcast. #healthcare #podcast #healthcarepricing Recent past interviews: Click a guest's name for their latest RHV episode! Nikhil Krishnan, Shawn Rhodes, Pramod John (EP353), Pramod John (EP352), Dr Eric Bricker, Katy Talento, Stacey Richter (INBW33), Stacey Richter (INBW32), Dr Steve Schutzer (Encore! EP294), Lisa Trumble, Jeb Dunkelberger, Dr Ian Tong, Mike Schneider, Peter Hayes, Paul Simms, Dr Steven Quimby, Dr David Carmouche (EP343), Christin Deacon, Gary Campbell, Kristin Begley, David Contorno (AEE17), David Contorno (EP339), Nikki King, Olivia Webb, Brandon Weber, Stacey Richter (INBW30), Brian Klepper (AEE16), Brian Klepper (EP335)  

Howard Schultz, American businessman and the former chairman and CEO of Starbucks, really meant well when he launched a drive to write “Race Together” on the cups. But it didn't go down well. Kathleen Day, a business journalist and lecturer at Johns Hopkins Carey Business School, later told Fortune that, “It backfired because people [just] wanted a cup of coffee.” High-street fashion chain Benetton was sued world over for a series of ads, which were deemed provocative and distasteful by many. The man behind these controversial images of the Italian sportswear brand was legendary photographer Oliviero Toscani. After over two decades of association, the split came in April 2000. According to reports, Toscani was allegedly dumped by Benetton after the company's sales were hit in the US due to his advertisements -- which once catapulted it to fame. Back home in India, several brands have also crossed that thin line. Only to step back later. Two years ago, Bajaj Auto and Parle Products announced that they would not advertise their products on news channels that promote “toxic content”. That year, jewellery brand Tanishq had to pull down an advertisement showing an interfaith marriage after being trolled on Twitter and Facebook. The brand was accused of promoting “Love Jihad”. Surf Excel's Holi advertisement also drew similar backlash. And now, a recent social media post by Hyundai's affiliate  in Pakistan to commemorate the so-called Kashmir Solidarity Day has put the company in a tight spot in India. Hyundai is facing calls for a boycott by social media users in India and has now issued an apology. The matter also snowballed into a diplomatic row with the Ministry of External Affairs summoning South Korea's Ambassador to express its strong displeasure over the social media post. The South Korean foreign minister, in a call with his Indian counterpart, has regretted the offence caused to Indians by the post. While Hyundai India said it stands strong on its ethos of respecting nationalism in a statement on February 6th, its parent company apologised only on Tuesday.    India said it expects foreign companies and their affiliates to refrain from making false and misleading comments on matters of sovereignty and territorial integrity.   Similar posts by a Kia dealership in Pakistan and American food chains KFC and Pizza Hut's Pakistani arms  have also drawn strong reactions in India, forcing them to pull down the comments. KFC India has apologised for the post made by the Pakistan-based franchise.   Lloyd Mathias tells us what foreign companies should keep in mind when it comes to public communication.  

Meet Nimisha Kalia, M.D., MBA, MPH:Nimisha Kalia, M.D. is the Chief Medical Officer at GE Corporate, and an Assistant Professor and Interim Director for the Division of Occupational and Environmental Medicine at Johns Hopkins University School of Medicine, and the Executive Director of Health, Safety and Environment for Johns Hopkins University and Johns Hopkins Health System. She earned her M.D. at the University of South Florida College of Medicine. She also received an MPH from the Johns Hopkins Bloomberg School of Public Health and an MBA from the Johns Hopkins Carey Business School.Key Insights:Nimisha Kalia, M.D. always returns to her roots as a clinician. The extra skills and business acumen she's developed are all to augment the best delivery of care for her patients. Understand Healthcare Business. Effective healthcare leaders successfully communicate their ideas and back them up with financial evidence, showing that an idea is a financial win-win for all parties. (5:13)Ask for Help. Dr. Kalia was worried about asking for help early in her career. However, when she did it, was received well and she got the support she needed. Don't be afraid to ask for help. (14:58)Choose Your Battles. The world is the way it is. However, we can select particular challenges we deem worth taking on, to incrementally change the world for the better. (24:51)This episode is hosted by Kristi Ebong. She is a member of the Advisory Council for Her Story and is the head of Partnerships and Market Development at Define Ventures.Relevant Links:Read some of Dr. Kalia's researchWatch “What is the value of Health Coaching?” with Dr. Kalia

Times were much different when Yuval Bar-Or, PhD, first appeared on the Faculty Factory Podcast as a guest in the early spring of 2020. Dr. Bar-Or joined our podcast for a very memorable episode entitled, Financial Basics for Medical Professionals. It featured practical advice about the basics of personal finance for faculty and medical professionals. At the time it was recorded our society was in the beginning stages of the COVID-19 pandemic. Almost everyone was impacted in some way financially from the pandemic. With that in mind, we welcomed back Dr. Bar-Or for a follow-up episode. We discuss how COVID-19 has impacted many of our lives financially and how we can prepare for future events that might drastically change our budgets and life.   Dr. Bar-Or is an Associate Professor at the Johns Hopkins Carey Business School. He is the author of several books, and he is the founder of the Pillars of Wealth series for medical professionals.

In episode 361, we welcome our guest, Jeff Hooke, Senior Lecturer at the Johns Hopkins Carey Business School and author of The Myth of Private Equity, which is what we focus on today.   In today's episode, Jeff pulls no punches when sharing his thoughts on the private equity industry. He likens the belief that private equity has outperformed the market to believing the tooth fairy is real and compares their reporting process to an 8-year-old girl rating her own homework. We dive deeper into the lack of transparency around fees and returns and then discuss the recent approval to allow 401(k) plans to include private equity investments and why that goes against what the great John Bogle believed.   Please enjoy this episode with John Hopkins' Jeff Hooke.   -----   Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com   -----   Today's episode is sponsored by FarmTogether. FarmTogether is a technology-powered investment platform that enables investors to channel funding into natural assets, starting with U.S. farmland. By driving abundant and creative capital to farmers, we're giving investors the opportunity to drive agriculture toward sustainability on a massive scale. Alongside a changing climate, the global population continues to grow, with expectations of reaching 9.7 billion by 2050. This means approximately 70% more food will be required than is consumed today. FarmTogether investors are providing the key financial building blocks for a sustainable future. --- Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library.

The transition from one level of leadership to the next can bring a lot of uncertainty and insecurities. In this episode, APU's Dr. Bjorn Mercer talks to Alexa Chilcutt about her experience teaching executive leadership education at Johns Hopkins Carey Business School. Learn about three basic communication competencies for executive leaders to help them convey their authentic selves that inspire those they manage and oversee. Hosted on Acast. See acast.com/privacy for more information.

Black Friday, the day after Thanksgiving, is traditionally one of the biggest shopping days of the year; the kick-off of a shopping frenzy that retailers hope will sustain them for many months. This year, those hopes may be dashed. Supply chain problems are affecting sectors up and down the economy. What can sellers and buyers expect this year? Joining Tom now is Dr. Tinglong Dai, Professor of Operations Management and Business Analytics at the Johns Hopkins Carey Business School. Dr. Dai joins us on Zoom from Baltimore. See omnystudio.com/listener for privacy information.

The transition from one level of leadership to the next can bring a lot of uncertainty and insecurities. In this episode, APU's Dr. Bjorn Mercer talks to Alexa Chilcutt about her experience teaching executive leadership education at Johns Hopkins Carey Business School. Learn about three basic communication competencies for executive leaders to help them convey their authentic selves that inspire those they manage and oversee. Hosted on Acast. See acast.com/privacy for more information.

Jeffrey C Hooke is a full-time finance lecturer at Johns Hopkins Carey Business School, an experienced investment banker and private equity professional. He is a keen observer of the institutional investment business, and he is the author of five books. A portion of his second book, “Security Analysis on Wall Street,” is used on the CFA exam. https://cup.columbia.edu/book/the-myth-of-private-equity/9780231198820 https://carey.jhu.edu/faculty/faculty-directory/jeffrey-hooke-mba ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I've launched a new podcast called The Acquirers Podcast. The podcast is about finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Firm: https://acquirersfunds.com/ Website: https://acquirersmultiple.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, bus

Women are at a disadvantage. At home, they often face an unequal division of household chores and childcare, and in the workplace, they deal with lower pay, lack of credit for their contributions, roadblocks to promotion, sexual harassment, and more. And while organizations are looking to address these issues, too many gender-inclusion initiatives focus on how women themselves should respond, reinforcing the perception that these are "women's issues" and that men—often the most influential stakeholders in an organization—don't need to be involved. A Navy pilot-turned-associate-professor at the Johns Hopkins Carey Business School, David G. Smith PhD led combat missions in Iraq and Afghanistan. Trained in military sociology and social psychology, he now focuses his research on  gender, work, and family issues. W. Brad Johnson PhD, who served as a lieutenant commander in the Navy's Medical Service Corps,  is a professor of psychology at the U.S. Naval Academy. He specializes in mentoring, professional ethics, and counseling.  Dave and Brad have co-authored 2 books and numerous articles including those in the Harvard Business Review: Good Guys: How Men Can Be Better Allies for Women in the Workplace and Athena Rising: How and Why Men Should Mentor Women. Some HBR articles:How Men Can Confront Other Men About Sexist Behavior The Missing Link in Gender Equality Efforts How Men Can Be More Inclusive Leaders Male Allyship Is About Paying Attention Gender Equity Starts in the Home Men Can Improve How They Mentor Women. Here's How. How Men Can Become Better Allies to Women Gender Equity Is Not Zero Sum Read more on their website:  Workplace Allies. Dave on twitter @davidgsmithphd

Episode 2 of Season 3 of Skills Recharged on the Career Tipper podcast features Psychotherapist and Career Coach, Caitlin Magidson. Caitlin Magidson is a Licensed Clinical Professional Counselor (LCPC), Nationally Certified Counselor (NCC), and Certified Career Coach in private practice serving clients in the Washington DC metro region and remotely worldwide. Caitlin integrates her mental health counseling and coaching specialties as she works with clients navigating life transitions to gain clarity and confidence in reaching their goals. She previously worked as the Assistant Director of Coaching & Education at the Johns Hopkins Carey Business School and currently coaches executive leaders through JHU's Academy of Women in Leadership. Caitlin is certified in the Myers Briggs Type Indicator (MBTI), Strengths Finder, Strong Interest Inventory, EQ-i 2.0, and EQ 360 with a Career Management Certificate from The Academies. Caitlin has presented at local and national career development conferences and holds a BA in Corporate Communications from Elon University and Masters in Mental Health Counseling from Johns Hopkins University. During this episode about Mastering Mental Wellness: [ 02:38] Caitlin shares her journey to offering psychotherapy and career coaching with her clients. [ 04:13 ] Why adding therapy to your wellness plan is essential. [ 06:49] Discusses privacy and stigmatization associated with therapy. [ 10:55 ] How to identify career grief. [ 14:06 ] The impact that emotional intelligence has on mental wellness. [ 18:56] Suggested productivity tools. [ 20:38] The benefits and lesson learned through professional development Connect with Catlin: https://www.caitlinmagidson.com/ --- Support this podcast: https://anchor.fm/career-tipper/support

Preston Pysh hosts one of the top-ranked investing podcasts on Apple Podcasts, We Study Billionaires. He's written numerous books on investing and leadership and has been ranked as a top 35 business author on Amazon. Preston also provides independent research of the stock market and central banking policy.  As the Founder and President of the Pylon Holding Company, he specializes in the acquisition of private and public companies by assessing the durable competitive advantage and capacity for growth. He has a B.S. in Aerospace Engineering from West Point and has been awarded the bronze star in combat while commanding an attack helicopter company with the 101st Airborne Division. He is a Postgraduate Candidate at the Johns Hopkins Carey Business School in Baltimore, Maryland. Follow Preston on Twitter, YouTube, and Apple Podcasts. 

In this episode, Libby speaks with mission driven consultant and business owner, Christine Woodward. Christine shares all about the importance of confidence when it comes to leadership and how she helps other business owners to grow beyond their comfort zones. Through her consultancy agency, 19th & Co., Christine's focus is less about services and more about the partnership they deliver to their clients that helps unearth each need and pushes each clients' dreams over the finish line, over and over again. At 19th & Co their name is their mission - to remind the world that it was the 19th amendment that solidified the efforts of the amazing women who fought for women's rights. To further her mission of empowering women, her consultancy, 19th&CO launched The JuDi Project - a mission-driven training program for women to level up in their confidence.    Libby and Christine discuss:  Christine's background in architecture and design and how it plays a role into her coaching and consulting business Why women have been set back four years in the workplace How she guides her clients and helps them strategize without giving them ‘homework' The importance of finding and amplifying female voices The energy that can come from allowing yourself to do something you've always wanted to do or dreamed of Knowing the difference between humility and bragging (and why women need to be humble bragging more often) Redefining and reimagining how women treat each other   Confidence is a skill that each of us deserves and are capable of having. We simply need the tools to acquire it. Christine strikes the perfect balance of design-thinking with action-biased methods from her 15 years in advertising in New York and designing spaces as an architect and interior designer for some of the world's most luxurious brands. She holds a masters in Architecture, studies in management at Harvard, and is an MBA candidate at Johns Hopkins Carey Business School. She lives in California and spends her free time with her husband and two kids.   Connect with Christine: https://19thandco.com/ https://www.linkedin.com/company/19thandco https://www.instagram.com/19thandco/   Resources Mentioned: Wolfpack by Abby Wambach

Christine Woodward supports, challenges, and empowers women for a living. Through her consultancy, 19th&CO, Christine and the team of consultants help businesses to grow beyond their comfort zones. Her focus is less about services and more about the partnership they deliver to their clients that helps unearth each need and pushes each clients' dreams over the finish line, over and over again. To further her mission of empowering women, her consultancy, 19th&CO launched The JuDi Project - a mission-driven training program for women to level up in their confidence. Confidence is a skill. A skill that each of us deserves. We simply need the tools to acquire it. Christine strikes the perfect balance of design-thinking with action-biased methods from her 15 years in advertising in New York and designing spaces as an architect and interior designer for some of the world's most luxurious brands. She holds a masters in Architecture, studies in management at Harvard, and is an MBA candidate at Johns Hopkins Carey Business School. She lives in California and spends her free time with her husband and two kids.CHRISTINE AND I DISCUSS:Hey business owners, make yourself obsolete!Let's get real. What does your business really need? Why you never reach a finish line.What is the REAL function of a business owner? It's NOT what you think.How do you push new initiatives over the finish line when you can hardly keep up with the day-to-day?How to uncover your/your clients *real* needs? Send audience to:https://19thandco.com/Christine Woodward is the Founder and CEO of 19th&CO, a woman-owned and women-led consultancy known for its innovative approach to client needs and its entrepreneurial and empowering culture.Submit a request for consultation and mention this episode and the team at 19th&CO will see to it that you receive the Friends & Family rate!----------------------------------POST A REVIEWGUEST BOOKINGS CLICK HEREFollow me on Social MediaNew Town Big Dreams podcast on FacebookInstagramLinkedinLuke Menkes Kelowna RealtorMy Personal Facebook PageSupport the show (https://paypal.me/lukemenkes)

Single parent power a platform that makes single parenting easier by providing the only one-stop-shop where single parents can find a bilingual, diverse, and inclusive online community in the greater DC area. • Accountability for actions and ethical behavior in the workplace • Honesty and integrity in each product and service that we deliver • Commitment to excellence Yurani Sandoval is a single mom and social entrepreneur. She holds an MBA from Johns Hopkins Carey Business School where the idea for SingleParentPower originated in an entrepreneurial business class. Yurani has over eight years of project management experience and is heavily involved in the DC startup community. She led the first startup weekend for the Hispanic community in the DC metro area, Techstars Startup Weekend Latin X, and created WOMENPALANTE, an organization that provides entrepreneurship education to Latina mothers and their children. Yurani's goal is to create a global, multicultural community to support and enable single parents to thrive. Follow me on @Happy_singleMompodcast Thank you to @mayaisac for letting me use her song " when i get there" FOLLOW @Singleparentpower Support this podcast

In this health care podcast, Ge Bai explains GoodRx’s business model and how PBMs and pharmacies fit in to that business model. Here’s the short version: GoodRx takes advantage of the dysfunction in the pharmacy supply chain. And while they help patients save money, their master plan only works because pharmacies would be charging cash pay patients too much in most circumstances. Why, you might ask? Well, one reason is the big PBMs have contracts with pharmacies that stipulate the PBM must get the best prices. So, any patient wandering in off the street without a PBM card is going to always pay more than the rate a PBM can get for its patients. So, a pharmacy’s list price will always be more than the PBM price. I’ll let my guest in this episode, Ge Bai, explain this better and get into a few details; but that’s kind of the general level set there. Ge Bai, PhD, CPA, is an associate professor of accounting at Johns Hopkins Carey Business School and associate professor of health policy and management at Johns Hopkins Bloomberg School of Public Health. This “An Expert Explains” goes very nicely with EP306, in which Ge Bai and I talk about Amazon’s pharmacy and pharmacy model. So, you might want to check out that episode if you have not listened to it yet. You can connect with Ge on LinkedIn and Twitter. You can also learn more on her Web site at Johns Hopkins University. Ge Bai, PhD, CPA, is an associate professor of accounting at the Johns Hopkins Carey Business School and associate professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. She is an expert on health care pricing, policy, and management. Dr. Bai has testified before the House Ways and Means Committee, written for the Wall Street Journal, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, JAMA Internal Medicine, Annals of Internal Medicine, and Health Affairs. Her work has been widely featured on ABC, CBS, NBC, Fox News, CNN, and NPR and in the Los Angeles Times, New York Times, Wall Street Journal, Washington Post, and other media outlets and used in government regulations and congressional testimonies. 01:53 What’s the difference between GoodRx and Amazon Pharmacy? 02:17 “GoodRx pharmacy makes money from one fact, and one fact alone.” 03:43 “On the surface, it looks like the patients are paying cash without any middleman; but in reality, the patients are paying cash by using a network created by a PBM.” 04:52 “GoodRx contracts with a network of PBMs.” 06:06 Where does the pharmacy fit in this deal? You can connect with Ge on LinkedIn and Twitter. You can also learn more on her Web site at Johns Hopkins University. @GeBaiDC discusses how GoodRx makes money on our #anexpertexplains #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma What’s the difference between GoodRx and Amazon Pharmacy? @GeBaiDC discusses how GoodRx makes money on our #anexpertexplains #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “GoodRx pharmacy makes money from one fact and one fact alone.” @GeBaiDC discusses how GoodRx makes money on our #anexpertexplains #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “On the surface, it looks like the patients are paying cash without any middleman; but in reality, the patients are paying cash by using a network created by a PBM.” @GeBaiDC discusses how GoodRx makes money on our #anexpertexplains #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma Where does the pharmacy fit in this deal? @GeBaiDC discusses how GoodRx makes money on our #anexpertexplains #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma  

Brian Boles, a Baltimore native, serves as a Senior Development Officer at the Johns Hopkins Carey Business School working to raise money for the school and helping to integrate the school into the Baltimore community through social impact work. Prior to joining the Carey Business School, he served as the Director of Major and Corporate Gifts at Catholic Charities of Baltimore. Brian also served as the Director of Development and Community Relations at St. Frances Academy in East Baltimore, in which role he helped to raise millions of dollars for the Academy. A graduate and fervent supporter of the Academy, Brian also previously served as a classroom teacher and head baseball coach for eight years. He has helped numerous students move on from St. Frances Academy to become student-athletes in college. In 2015, Brian was inducted into the Academy's inaugural class of the Athletic Hall of Fame. Brian previously served as Executive Director of the Books and Baseball Summer Camp Program, a baseball and scholastic program for kids ages 6 through 12 in Baltimore City, which he founded. The unique program was designed to build skills and develop the potential of young campers, both on the diamond and inside the four walls of the classroom during the summer months. He believes that life lessons taught through the game of baseball are a tremendous tool in character development. Brian was a professional baseball scout for eight years, ending his career with the Milwaukee Brewers. He began his scouting career with the Detroit Tigers and was with the organization in 2012 when the team captured the American League pennant. In 2016 Brian was recognized by the Baltimore Orioles as of one the first Birdland Community Hero for his work with Books and Baseball and at St. Frances Academy. Don't forget to check out my book that inspired this podcast series, The Caring Economy: How to Win With Corporate Social Responsibility (CSR). --- Support this podcast: https://anchor.fm/toby-usnik/support

With all of the promise of a covid 19 vaccine it appears we need to be saved from ourselves, to make Covid19 vaccines effective. Doctor Y Bruce Lee is a writer, journalist, professor, systems modeler, computational and digital health expert, and entrepreneur. He will attempt to to explain why many health care workers refuse to get vaccinated and why there seems to be disagreements among health care workers about how effective the vaccines will ultimately be. You can also go to our website to get vaccine information that may save your life.He has over two decades of experience developing mathematical and computational models. The models assist a wide range of decision makers in health and public health. Currently, he is a Professor of Health Policy and Management at the City University of New York (CUNY) Graduate School of Public Health & Health Policy. There he is the Executive Director of PHICOR (Public Health Informatics, Computational, and Operations Research). Dr. Lee is also the CEO of Symsilico, which develops and uses computational methods, models, and tools to help decision-making.His previous positions include serving as Associate Professor of International Health at the Johns Hopkins Bloomberg School of Public Health. He also served as Executive Director of the Global Obesity Prevention Center (GOPC). In addition he served as Associate Professor at the Johns Hopkins Carey Business School and Associate Professor at the University of Pittsburgh, Senior Manager at Quintiles Transnational. There he worked worked in biotechnology equity research at Montgomery Securities, and co-founded Integrigen.Bruce has authored over 200 scientific publications. This includes over 100 first author and over 65 last author. He is the author of three books. Doctor Bruce Y Lee has written extensively for the general media and often addressed the question, will a corona virus vaccine give you your life back? He is a Senior Contributor for Forbes. At Forbes he covers a wide range of health-related topics. These include medicine, wellness, digital health and the business of health and having written over 700 articles.His writing has also appeared in a number of other media outlets. Most notably these have included Time, The Guardian, the HuffPost, and the MIT Technology Review. His work and expertise have appeared in leading media outlets such as the New York Times, USA Today, the Los Angeles Times, Newsweek, CBS News, Businessweek, U.S. News and World Report, Bloomberg News, Reuters, and National Public Radio (NPR). Dr. Lee received his B.A. from Harvard University and M.D. from Harvard Medical School. He earned his M.B.A. from the Stanford Graduate School of Business. He completed his internal medicine residency training at the University of California, San Diego.In this podcast I asked Dr. Lee, don't we need to be saved from ourselves, to make Covid19 vaccines effective?

Here’s a trigger warning: This show gets pretty deep into some of the nether regions of PBM (pharmacy benefit manager) contractual terms with pharmacies. If you are not, I’m gonna say, pretty familiar with PBM goings-on, I’d suggest you listen to EP241 with Vinay Patel first or skip the first third of this show.   In this health care podcast, I am speaking with Ge Bai about Amazon’s pharmacy business. Ge Bai, PhD, CPA, is an associate professor of accounting at Johns Hopkins Carey School of Business. She is also associate professor of health policy and management at Johns Hopkins Bloomberg School of Public Health. Ge trained as an accounting researcher who originally started looking into chargemasters for her dissertation. From there, she started checking out health care pricing and contracting issues. Who knew chargemasters were like a gateway drug into health care? I ask Ge questions such as, “Why the heck does Amazon need a PBM for cash pay patients?” and “What’s this Amazon Pharmacy model that some self-insured employers are talking about?” And then we get into rebates and the impact that Amazon will have on rebates. Right up front, I want to just say flat out, I learned a mind-blowing detail from Ge. There’s a contracting term that PBMs put in their contracts with pharmacies. Basically, a pharmacy cannot sell a drug to a cash pay patient for an amount that is less than the price a PBM pays the pharmacy for the drug or the pharmacy charges the PBM for the drug—I guess it depends how you perceive that relationship. So, the pharmacy’s list price paid by cash pay patients can’t be less than the contracted price that it has with any third-party payer. The PBMs will always have to get the better price than cash pay patients. There’s one exception, though: unless the cash pay patient wanders in with a coupon (like a GoodRx coupon, for example). There are a whole lot of implications to this if you start to think about it. Spoiler alert: There will be an “Ask an Expert” with Ge Bai coming out after the show, where Ge and I get deeply into GoodRx’s business model. So, stay tuned for that if you are interested. You might be subscribed to the show on iTunes, but I’d also encourage you to sign up for our newsletter on relentlesshealthvalue.com. Every week, you get a transcript of the introduction to the show that’s coming out that week, so you can prioritize your listening accordingly.   You can connect with Ge on LinkedIn and Twitter. You can also learn more on her Web site at Johns Hopkins University. Ge Bai, PhD, CPA, is an associate professor of accounting at the Johns Hopkins Carey Business School and associate professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. She is an expert on health care pricing, policy, and management. Dr. Bai has testified before the House Ways and Means Committee, written for the Wall Street Journal, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, JAMA Internal Medicine, Annals of Internal Medicine, and Health Affairs. Her work has been widely featured on ABC, CBS, NBC, Fox News, CNN, and NPR and in the Los Angeles Times, New York Times, Wall Street Journal, Washington Post, and other media outlets and used in government regulations and congressional testimonies. 03:27 Why is Amazon in the pharmacy space a big deal? 04:03 “I view Amazon Pharmacy as a combination of GoodRx and mail-order pharmacy.” 05:07 What’s the difference between Amazon and other pharmacies? 06:14 Why does the third-party payer health care system keep Amazon from cutting out the PBM? 07:49 “We don’t have insurance companies, we don’t have PBMs.” 09:21 “Who’s really using prescription drugs? The majority is Medicare patients.” 11:46 Is Amazon doing anything innovative in the pharmacy space? 12:37 What options do self-insured employers have now with Amazon? 14:42 Why employees and employers might choose to use Amazon Pharmacy over other mail-order pharmacies. 21:27 Will Amazon affect pharmacy rebates? 25:28 “Fundamentally, employers want to have more power in the whole process.” 27:41 What should you be doing as a self-insured employer? 28:58 “If we do not put out effort to make the private market work, then the next option would be single payer.” You can connect with Ge on LinkedIn and Twitter. You can also learn more on her Web site at Johns Hopkins University.   @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma Why is Amazon in the pharmacy space a big deal? @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “I view Amazon Pharmacy as a combination of GoodRx and mail-order pharmacy.” @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma What’s the difference between Amazon and other pharmacies? @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma Why does the third-party payer health care system keep Amazon from cutting out the PBM? @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “We don’t have insurance companies, we don’t have PBMs.” @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “Who’s really using prescription drugs? The majority is Medicare patients.” @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma Is Amazon doing anything innovative in the pharmacy space? @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma What options do self-insured employers have now with Amazon? @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “Fundamentally, employers want to have more power in the whole process.” @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma “If we do not put out effort to make the private market work, then the next option would be single payer.” @GeBaiDC discusses the Amazon Pharmacy model on our #healthcarepodcast. #healthcare #podcast #digitalhealth #pharma

Natasha Chan graduated with a dual MBA-MPH Degree from The Johns Hopkins Carey Business School and the Bloomberg School of Public Health and entered into management consulting. Since then, she’s successfully transitioned into higher education and technology roles - all within the past few years. During our conversation, Natasha spoke about her post-MBA journey, the art of the career pivot, and her advice for current MBA students and alum who are navigating career changes.

Will a vaccination give you your life back? Doctor Y Bruce Lee is a writer, journalist, professor, systems modeler, computational and digital health expert, and entrepreneur. He will attempt to answer this question and more.He has over two decades of experience developing mathematical and computational models. The models assist a wide range of decision makers in health and public health. Currently, he is a Professor of Health Policy and Management at the City University of New York (CUNY) Graduate School of Public Health & Health Policy. There he is the Executive Director of PHICOR (Public Health Informatics, Computational, and Operations Research). Dr. Lee is also the CEO of Symsilico, which develops and uses computational methods, models, and tools to help decision-making.His previous positions include serving as Associate Professor of International Health at the Johns Hopkins Bloomberg School of Public Health. He also served as Executive Director of the Global Obesity Prevention Center (GOPC). In addition he served as Associate Professor at the Johns Hopkins Carey Business School and Associate Professor at the University of Pittsburgh, Senior Manager at Quintiles Transnational. There he worked worked in biotechnology equity research at Montgomery Securities, and co-founded Integrigen.Bruce has authored over 200 scientific publications. This includes over 100 first author and over 65 last author. He is the author of three books. Doctor Bruce Y Lee has written extensively for the general media and often addressed the question, will a vaccination give you your life back? He is a Senior Contributor for Forbes. At Forbes he covers a wide range of health-related topics. These include medicine, wellness, digital health and the business of health and having written over 700 articles.His writing has also appeared in a number of other media outlets. Most notably these have included Time, The Guardian, the HuffPost, and the MIT Technology Review. His work and expertise have appeared in leading media outlets such as the New York Times, USA Today, the Los Angeles Times, Newsweek, CBS News, Businessweek, U.S. News and World Report, Bloomberg News, Reuters, and National Public Radio (NPR). Dr. Lee received his B.A. from Harvard University and M.D. from Harvard Medical School. He earned his M.B.A. from the Stanford Graduate School of Business. He completed his internal medicine residency training at the University of California, San Diego.

Nico and Mario discuss their research on blood donation and attitudes toward taboo trades. I fail at zoom. Mario Macis is a Professor of Economics at Johns Hopkins Carey Business School. His research interests include pro-social behavior, morally controversial transactions, global health, experimental economics, development economics, and labor economics. Nico Lacetera is a Professor of Strategic Management at the Rotman School of Management at the University of Toronto. His research concerns the ethical constraints and social support to markets, the motivations for altruistic behavior, and various topics in industrial and innovation economics.Lacetera, Nicola, Mario Macis, and Robert Slonim. "Will there be blood? Incentives and displacement effects in pro-social behavior." American Economic Journal: Economic Policy 4.1 (2012): 186-223.Lacetera, Nicola, Mario Macis, and Robert Slonim. "Economic rewards to motivate blood donations." Science 340.6135 (2013): 927-928.Lacetera, Nicola, Mario Macis, and Robert Slonim. "Rewarding volunteers: A field experiment." Management Science 60.5 (2014): 1107-1129.Elías, Julio J., Nicola Lacetera, and Mario Macis. "Paying for kidneys? a randomized survey and choice experiment." American Economic Review 109.8 (2019): 2855-88.Elias, Julio J., Nicola Lacetera, and Mario Macis. "Sacred values? The effect of information on attitudes toward payments for human organs." American Economic Review105.5 (2015): 361-65.Compliance Policy Guide CPG Sec. 230.150: Blood Donor Classification Statement, Paid or Volunteer Donor, Guidance for FDA StaffDhingra, Neelam. "In defense of WHO's blood donation policy." Science 342.6159 (2013): 691-692.

Jessica Chao is the Director of the Clinical Innovation Center at UCSF, where she oversees operations and leads partnerships with industry and academia. She is an investor at Iterative VC and has over 15 years of experience as an operator in health services and med tech management. Previously, she has led product design in various San Francisco startups and co-founded Healtho, a consumer health information company. She is also the co-founder of one of the largest health meetups in Seattle, the Seattle Health Innovators. Jessica received her MBA from the Johns Hopkins Carey Business School while she concurrently completed her Residency in Health System Pharmacy Administration at Johns Hopkins Medicine. She also holds a Doctorate in Pharmacy and BS in Biochemistry from the University of Washington.Topics:- The disconnect between innovation and implementation within large healthcare systems- Solutions to solve the implementation and execution issue; how startups should approach pilots- Common mistakes made by startups while trying to understand customer needs or sell into large health systems- How COVID-19 has accelerated both innovation and implementation, and what this means for the future- Practical advice for startups for partnering with/selling to healthcare systemsThank you for listening!BIOS (@BIOS_community) is a community of early stage healthcare and life sciences founders and investors. Alix Ventures (@AlixVentures) is a SF-based venture fund that invests in early stage healthcare and life sciences companies.Music attribution: Danger Storm by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4985-danger-stormLicense: http://creativecommons.org/licenses/by/4.0/

Dr. Alexa Chilcutt joins the podcast to discuss how the disruption from coronavirus affords you as a leader the opportunity to "reboot" and re-direct. She describes three steps you can take to create a re-entry plan for your team to improve communications, address lingering issues and pursue an innovation process as we move back into the workplace. Alexa Chilcutt, Ph.D. is an Associate Professor and Director of the Public Speaking Program at the University of Alabama and an Executive Education faculty member for Johns Hopkins Carey Business School and provides professional development training for corporations.  

Our guest this week on the Faculty Factory Podcast, is Yuval Bar-Or, PhD, an Associate Professor at the Johns Hopkins Carey Business School. He is the author of seven books, including the Pillars of Wealth series for medical professionals. He covers practical advice about the basics of personal finance for medical professionals with an easily understandable use of plain language, and his trademark calm demeanor.   Today’s episode includes the same topics he shares with our faculty at Johns Hopkins, and as part of his free Pillars of Wealth Initiative for medical professionals. Listen to more Faculty Factory Podcast episodes by visiting https://facultyfactory.org/podcast/  

Operations research and analytics play a key role in advancing medical technology and methodology, with improvements to diagnostic testing, both conventional and AI-based tools, helping doctors more easily and accurately identify and treat medical conditions, providing better patient outcomes.  But what happens if doctors aren’t using these tools, either out of concern over the costs incurred by the patient, or because they hold their own personal diagnostic abilities in higher regard, relying on that over diagnostic testing? In this episode, I am joined by Tinglong Dai with the Johns Hopkins University Carey Business School and the Johns Hopkins School of Nursing, as well as his coauthor, Shubhranshu Singh also with the Johns Hopkins Carey Business School, as well as the Krieger School of Arts & Sciences. Their research titled, “Conspicuous by its Absence: Diagnostic Expert Testing Under Uncertainty,” in the INFORMS journal Marketing Science, looks at barriers that stand in the way of more consistent adoption of diagnostic tools, including AI, that can aid in a physician’s diagnosis.

Jamie Novak, NC Brands brand manager at BioLab, joins us on the podcast. Novak is about to complete her MBA from the Johns Hopkins Carey Business School, and talks about new marketing techniques to help you stand out in all the advertising noise. A couple new tools Novak suggests are:

Listen on: iTunes Anchor Spotify Google Guest: Sharon Kim Social Media: @sharonhkim I'm a faculty member at the Johns Hopkins Carey Business School and the Director of Innovation and Human-Centered Design. I love all things related to creativity and problem solving. I'm also the mom to two small kids. Website: Thesuccessjourneyshow.com Email: successjourneypodcast@Gmail.com Facebook: @successjourneyshow Instagram: @successjourneyshow Twitter: @success_show

Caitlin Magidson is a Licensed Clinical Professional Counselor (LCPC), National Certified Counselor (NCC), and Certified Career Coach providing both counseling and career coaching services in the Washington DC region and remotely to clients around the world. She is trained to work with clients navigating life transitions experiencing symptoms of anxiety and depression. Caitlin also works as a Career Coach at the Johns Hopkins Carey Business School and facilitates career retreats around well-being and life design. She is certified in the Myers Briggs Type Indicator (MBTI), Strengths Quest, Strong Interest Inventory, EQ-i, EQ 360, and is an active member of several professional organizations. Caitlin has presented at regional and national career development conferences and holds a Masters in Mental Health Counseling from the Johns Hopkins University and BA in Corporate Communications from Elon University. Feel free to reach out Caitlin at www.linkedin.com/in/cmagidson/ (http://www.linkedin.com/in/cmagidson/) .

Victor Prikhodko is a Business Advisor within the Office of Translational Initiatives and Program Innovations (OTIPI) which supports the National Institute on Drug Abuse (NIDA) and administers a $40M/Y Small Business Program. Victor Prikhodko is cofounder of two startups and previously held management positions at ABL, RHT Consulting and Aeras Global. Victor graduated from the University of Maryland with a degree in Microbiology and an MBA in Interdisciplinary Studies from Johns Hopkins Carey Business School. See acast.com/privacy for privacy and opt-out information.

In today's episode we sit down with Carolyn Cole, the founder and owner of the global business consulting and coaching company www.Boomtank.com and host of the Boomtank Business Show (https://itunes.apple.com/us/podcast/boomtank-business-show-carolyn-cole-where-business/id1166661805?mt=2&ign-mpt=uo%3D4) podcast. For nearly two decades, Carolyn was a Fortune 100 and Fortune 200 Senior Company Trial Attorney, and before that, she received her M.S. at the Johns Hopkins Carey Business School. Carolyn's motto is that business, personal and professional success should always meet happiness, and that's what she delivers through her work. Carolyn was selected to give a TEDx Talk in Florida, and she encourages other aspiring speakers and entrepreneurs to apply for such talks. As the host of the Boomtank Business Show podcast, she interviews experts who focus on self-improvement, confidence, motivation and the other tools people need to build a successful business. Carolyn shares with us her lived experiences that helped shape her and lead to the many different career trajectories that led her to be a substitute teacher, an attorney, a scholar on the human psyche, and ultimately a consultant and career coach for entrepreneurs and businesses. "The summer after college, I was at Island Records as a publicity video intern and I met their acts, I met different people, it was really cool! U2 came for lunch, different people popped in and out and I got to meet them and talk with them, but that summer in New York, I starved. I ate one salad a day, I walked blocks and blocks to get to their office which was one floor above Tower Records and one floor below where Keith Richards lived... I realized there is a concession to doing exactly everything you want at such a young age." Key takeaways: "It's absolutely insane that we at our young people in their teens, or early 20s, mid 20s and late 20s, even 30s and say, 'You have to decide right now where you're going to be for the rest of your life.' It's one of the insanities that we grew up with thinking that it's perfectly normal and it's not. As you grow and change and mature , and different experiences shape you, there are different things that come and different things you will want to explore." ICYMI: Make sure to check out Carolyn's On The Dot #WomanToWatch feature on our website OnTheDotWoman.com (https://onthedotwoman.com/woman/carolyn-cole) and on our daily newsletter and podcast Four Minutes With On The Dot (https://itunes.apple.com/us/podcast/four-minutes-with-on-the-dot/id1309880515?mt=2)! Also, make sure to check out her On The Dot guest feature, where she shares with us the three things worth fighting for: your happiness, your dreams & your ambition. (https://onthedotwoman.com/tips/worth-fighting-for) Looking for more inspiration, advice and direction? Subscribe to our daily email newsletter and podcast Four Minutes with On The Dot where we provide you with the tools and motivation you need to get out there and be the badass babe you were meant to be. https://signup.onthedotwoman.com/ In observation of the Thanksgiving holiday, we will not be airing a new On the Spot episode next week on November 22nd, but we’ll be back on Thursday, November 29th! From all of us here at On The Dot, have a very Happy Thanksgiving! We are focused on your success, so let us know what you think by chatting with us at @onthedotwoman on Twitter, Instagram, and Facebook. We’d love to hear your voice! Special Guest: Carolyn Cole.

We're very excited to welcome Delshan Baker to the show today. Ms. Baker joins us from an organization in Baltimore called Thread that's been receiving some great publicity. Earlier this year, Ernesto read a profile in the New York Times about the transformative work the staff and volunteers of Thread do for underperforming students in Baltimore. Thread only works with students in the bottom 25% of their class and provides them with a volunteer support network that is available 24 hours a day for 10 years. They manage a spectacular community of volunteers that Show Up and form a family support system that is structured to help the student begin thriving and continue to succeed into adulthood. Delshan has almost 15 years of operations experience in the non-profit and for-profit sectors, from managing an $11M budget to launching essential technology projects. She has a BA in Studio Art from Stanford University, an MBA from Johns Hopkins Carey Business School, and is a Baltimore native. Thread engages underperforming high school students confronting significant barriers outside of the classroom by providing each one with a family of committed volunteers and increased access to community resources.  

Jim Liew, assistant professor of finance at Johns Hopkins Carey Business School   Summary: Guest host Dan Rasmussen talks to Professor Jim Liew about momentum investing and crowd sentiment on the podcast. Professor Liew discusses this strategy, both the academic side and its relevance for asset management.   

Leaders set the bar for risk within an organization. They have to be aware that they are constantly signaling messages about the risk culture and that those signals impact everyone within the organization. In this episode Yuval Bar-Or, Faculty at Johns Hopkins Carey Business School and Founder of Light Brigade, explains risk culture and how leaders can strategically define and shape it within an organization.

Richmond Fed President Jeffrey M. Lacker was featured speaker for the “Legends + Leaders” lecture series at Johns Hopkins Carey Business School in Baltimore on February 24.

Richmond Fed President Jeffrey M. Lacker was featured speaker for the “Legends + Leaders” lecture series at Johns Hopkins Carey Business School in Baltimore on February 24.