Healthcare Quality and Price
Most people believe that the price of care and the quality of care are roughly uniform in the marketplace. They believe if they have surgery at one hospital the price for the surgery will be roughly the same as the price for the same surgery at the hospital down the street. The truth is that […]
Advantages of Accessibility
In a previous video I talked about all the things that Millennials want form doctors such as convenient access, a relationship with their doctors, virtual options, high quality, and price transparency. The fact is we all want those things. Unfortunately, the current healthcare system is not built to give us what we want. Care is […]
Millennials and Healthcare
Millennials, defined as people born between 1981 and 1996 are now 27 to 42 years of age and represent the largest adult generation in the US. They also represent the largest generation recruited by employers. The Millennial generation has disrupted and revolutionized every industry from finance to transportation and travel. Their impact as consumers is […]
The Economics of Healthcare
Our country has treated healthcare as an unlimited, inexpensive resource. We’ve paid little attention over the past 70 years to how much healthcare waste occurs and how much healthcare actually costs us. To make matters worse third-party payer systems such as Medicare and private insurance, largely hide the actual cost of care from the average […]
The Employee Centric Healthcare
Employers must provide a healthcare benefit their employees will love to attract and retain top talent.
The Importance of EBITDA
CEOs were sitting on millions of dollars of untapped enterprise value, and they don’t even know it. If you’re the CEO of a company you know how important EBITDA, earnings before interest, taxes, deductions, and amateurization is to your company’s value.
The Employee’s Perspective
So, what employers have done to deal with rising healthcare costs is increasing their deductibles. We call this the race to the bottom. It’s almost if employers are competing with each other to provide the least worst health care for their employees.
The Employer Dilemma
We call this problem the employer dilemma. The dilemma is that you have to provide a good healthcare benefit because that attracts and retains top talent in employees value their health care benefits even higher than their salary in many cases.
My Healthcare Journey
SALTA was born in 2000 and it was really a type of model of care that was a membership model where people paid a monthly membership fee for access to the care that we provide.