WEBVTT - Medicare’s Hospital-at-Home and Other Reforms

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<v Speaker 1>Hello, and welcome to another episode of the Votes and

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<v Speaker 1>Verdicts podcast, which examines the intersection of business policy and law.

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<v Speaker 1>My name is Duwayne Wright, and I'm a senior healthcare

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<v Speaker 1>policy analyst at Bloomberg Intelligence, the in house research arm

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<v Speaker 1>of Bloomberg LP. I'm looking forward to this discussion today

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<v Speaker 1>because we'll focus on healthcare delivery system reform, specifically the

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<v Speaker 1>hospital at home program, which took off dramatically during the

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<v Speaker 1>COVID nineteen pandemic. To walk us through this, and we

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<v Speaker 1>have Mark Braither, a leader at the forefront of change

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<v Speaker 1>in the healthcare system. Mark is the co founder and

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<v Speaker 1>executive chairman of Dispatch Health and has a deep background

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<v Speaker 1>in business and hands on healthcare delivery. Mark, welcome to

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<v Speaker 1>the podcast.

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<v Speaker 2>Thanks for having me to.

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<v Speaker 1>Now, before we dive into this topic, can you give

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<v Speaker 1>us some background on Dispatch Health, which, as I said earlier,

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<v Speaker 1>you co founded.

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<v Speaker 2>Yeah, so, Dispatch Health has been around for almost a decade.

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<v Speaker 2>At its simplest, it's a system of care that allows

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<v Speaker 2>for the safe and effective provision of high acuity care

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<v Speaker 2>in the home. So that's care that substitutes for an

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<v Speaker 2>emergency department, substitutes for a hospital award admission or a

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<v Speaker 2>skilled nursing facility admission. We can also bring in laboratory

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<v Speaker 2>capabilities as well as X ray and ultrasound to your home.

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<v Speaker 2>We've served I think over the last decade, more than

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<v Speaker 2>a million patients and we do that across thirty states

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<v Speaker 2>and during that time, the way that we've structured our

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<v Speaker 2>care is that we do it in a way that's

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<v Speaker 2>more cost effective than the building. So we've delivered almost

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<v Speaker 2>a billion and a half dollars of medical cost savings.

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<v Speaker 1>And so not just the co founder and executive chairman

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<v Speaker 1>of a company, you have a deep healthcare background in

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<v Speaker 1>your board certified emergency specialists, So what was the spark

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<v Speaker 1>that led you to create a company focused on delivery

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<v Speaker 1>system reformat in how we provide healthcare?

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<v Speaker 2>Yeah, what's an old er doctor doing delivering house calls?

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<v Speaker 1>Right?

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<v Speaker 2>So you know, I spent I don't know two and

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<v Speaker 2>a half decades at the bedside as an emergency medicine

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<v Speaker 2>specialist and fantastic run. Enjoyed every moment of it, but

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<v Speaker 2>was ultimately sort of drawn into the business side of

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<v Speaker 2>healthcare and towards the end of my career helped create

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<v Speaker 2>the largest clinically clinician owned staffing company in the country.

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<v Speaker 2>So that's a company that provides er specialist hospital and

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<v Speaker 2>extensivest people who staff skilled nursing facilities to hospitals. And

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<v Speaker 2>so I learned a lot during that run. Ended up

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<v Speaker 2>managing the West and for us that was about sixty

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<v Speaker 2>four hospitals, somewhere close to fifteen hundred clinicians. But a

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<v Speaker 2>few things started to concern me. And again this is

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<v Speaker 2>probably twenty eleven or so. The first thing I noticed

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<v Speaker 2>was we were so far off of our healthcare consumer,

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<v Speaker 2>our patients expectations when it come when it came to pricing.

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<v Speaker 2>So I was the recipient of a lot of complaints

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<v Speaker 2>on my desk about the cost of care and the

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<v Speaker 2>time with the clinician. And that had changed dramatically since

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<v Speaker 2>I was a young resident in the nineties, and so

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<v Speaker 2>I wasn't sure what I was going to do about that,

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<v Speaker 2>but I wanted to do something that improved that issue. Secondly,

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<v Speaker 2>was the concept of value based care. So in twenty eleven,

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<v Speaker 2>we were still debating whether this was a a thing right,

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<v Speaker 2>whether this was going to happen again. I was there

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<v Speaker 2>in the early nineties when we tried it, but the

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<v Speaker 2>second round, to me, looked like it could actually work.

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<v Speaker 2>And if it did work, you'd have more and more

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<v Speaker 2>patients in paneled to these smart primary care docs who

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<v Speaker 2>would try to navigate patients to the appropriate side of care.

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<v Speaker 2>And I knew that there was a ton of patients

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<v Speaker 2>that I treated on a daily basis that could be

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<v Speaker 2>treated elsewhere. And I think the thing that really moved

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<v Speaker 2>me forward was that I had some family members and

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<v Speaker 2>elderly family members that went through hospitalization a post acute

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<v Speaker 2>stay that did not go well. They went really poorly,

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<v Speaker 2>and I just saw the other side of that, and

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<v Speaker 2>I think I had a little existential moment where I said,

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<v Speaker 2>have I been doing that? Have I been putting patients

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<v Speaker 2>in the hospital and maybe to their detriment? And the answer,

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<v Speaker 2>if I was honest, was yes. And so I began

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<v Speaker 2>looking for an alternative, and I wasn't sure what it was,

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<v Speaker 2>but I reached out to some people who began publicishing

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<v Speaker 2>this concept of hospital at home in the nineties, a

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<v Speaker 2>guy like Bruce lef out of Hopkins and al Sioue

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<v Speaker 2>out of pen These were Maverick geriatricians who were doing

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<v Speaker 2>something different. I was also being done in other countries,

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<v Speaker 2>but they were sort of the leaders in publishing in

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<v Speaker 2>the States, and it looked really compelling to me. It

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<v Speaker 2>looked like we could get lower costs and patient satisfaction.

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<v Speaker 2>But importantly, there was something about it that looked like

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<v Speaker 2>we could get more efficacy, we could get better clinical outcomes. So,

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<v Speaker 2>like most naive folks when you're first starting out, I thought, well, too,

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<v Speaker 2>I've managed ers, I've managed hospitals, I've managed post acute facilities.

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<v Speaker 2>I could just do this in the home. So it's

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<v Speaker 2>been much more of a daunting task than that. But

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<v Speaker 2>that's the premise of dispatch, is that we would take

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<v Speaker 2>what we could out of the emergency department, out of

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<v Speaker 2>the hospital, ward, out of the post acute facility, delivered

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<v Speaker 2>in the home for lower cost, better outcomes, and better satisfaction.

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<v Speaker 1>And you mentioned and you're in thirty states. Now, how

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<v Speaker 1>did that start? Was there an anchor and then you

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<v Speaker 1>grew from there?

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<v Speaker 2>Absolutely, it's a great question. So I practiced in Denver,

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<v Speaker 2>and I was also an EMS medical director in Denver.

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<v Speaker 2>And the reason that that's important is at about that

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<v Speaker 2>time there was a concept growing up called paramedicine, where

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<v Speaker 2>the paramedics would practice it the top of their scope

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<v Speaker 2>of license and that's still going today. And so we

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<v Speaker 2>started one of those early programs. But I said, during

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<v Speaker 2>this whole journey, in the back of my head, could

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<v Speaker 2>we not create a mobile er? Could we not do

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<v Speaker 2>that respond to the nine one one phone call and

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<v Speaker 2>treat a patient in place? And so that really was

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<v Speaker 2>the beginning of it. We created a very forward thinking

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<v Speaker 2>fire chief named Rick Lewis and I and a few

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<v Speaker 2>other folks built this mobile er and started treating patients

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<v Speaker 2>in lieu of a transport to the hospital. We did

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<v Speaker 2>that for two years. In the data it was extremely compelling,

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<v Speaker 2>and so we took that to our first payer partner

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<v Speaker 2>and said would you pay for this? And they said yes,

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<v Speaker 2>And that was the beginning.

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<v Speaker 1>And so you had mentioned earlier as you were starting

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<v Speaker 1>this company some of the conversations you had with folks

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<v Speaker 1>who have focused on hospital at home for a while.

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<v Speaker 1>So it's not a new concept, but it might be

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<v Speaker 1>new for people who haven't been paying attention. Can you

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<v Speaker 1>kind of give us some of the history here, and

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<v Speaker 1>then when we think about hospital at home, what kind

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<v Speaker 1>of services are we talking about? And if you look

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<v Speaker 1>at a hospital at home program in one state or

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<v Speaker 1>one geography, is it the same as another geography in

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<v Speaker 1>a different state. Walk us through how the concept has

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<v Speaker 1>started or how it's evolved, and where we are now.

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<v Speaker 2>And the first thing I would say is that a

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<v Speaker 2>hospital at home Moniker is a bit of a misnomer, right, honestly,

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<v Speaker 2>doesn't necessarily have anything to do with the hospital. It's

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<v Speaker 2>part of a macro trend that we've had since the seventies,

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<v Speaker 2>really where we've moved care that is in that higher acuity,

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<v Speaker 2>higher cost setting into the ambulatory setting. And you know,

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<v Speaker 2>I would give you the example of the ambulatory surgery center,

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<v Speaker 2>right that started back in the seventies. And I remember

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<v Speaker 2>even in the nineties when I was training, lots of

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<v Speaker 2>us were very concerned about these ambulatory surgery centers where

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<v Speaker 2>they good quality? Could you safely do it? And you know,

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<v Speaker 2>very similar situation that we find ourselves in today. But

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<v Speaker 2>today there's fifty three hundred surgery centers across the country.

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<v Speaker 2>They're performing twenty million procedures annually, and it's estimated that

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<v Speaker 2>they are saving you know, call it forty billion dollars annually.

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<v Speaker 2>I often use another really tangible example from my history.

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<v Speaker 2>So over the time that I practice, the standard of

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<v Speaker 2>care changed, right, And if we talked about let's say

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<v Speaker 2>a blood clot in your leg, you came and saw

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<v Speaker 2>me in the emergency room, we made that diagnosis. Call

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<v Speaker 2>it fifteen years ago. The treatment at that time would

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<v Speaker 2>have been to admit you to the hospital on bed

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<v Speaker 2>rest on an ivy medication called hepron. Now let's fast

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<v Speaker 2>forward to today, and if you went to the emergency

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<v Speaker 2>room had that diagnosis, what would happen. You'd go home

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<v Speaker 2>in an hour on a medication, you know, a shot

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<v Speaker 2>that you gave yourself for a pill. It's pretty interesting

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<v Speaker 2>how we've evolved. And that's exactly what this whole hospital

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<v Speaker 2>at home concept really is. So when people hear it today,

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<v Speaker 2>they often equate it to the concept of the waiver,

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<v Speaker 2>which is really a payment mechanism. It's not this delivery

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<v Speaker 2>of the service. But during the pandemic, there was an

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<v Speaker 2>initiative called the Acute Hospital Care at Home Initiative, And

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<v Speaker 2>I remember getting a call from the administration one night

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<v Speaker 2>and thinking, whoa good am? I in trouble. But I

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<v Speaker 2>showed up the next morning and it was all of

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<v Speaker 2>us in the community who were delivering this type of care,

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<v Speaker 2>and they were very worried that the hospital beds were

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<v Speaker 2>going to fill up and that they weren't going to

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<v Speaker 2>be able to service all of the sick patients. And

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<v Speaker 2>so I think very thoughtfully they said, well, can we

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<v Speaker 2>take the reimbursement mechanism that we use for the hospital

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<v Speaker 2>and just transferred to the home right and we'll use

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<v Speaker 2>you experts to tell us what a good program looks like,

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<v Speaker 2>and then that'll be the standard. And that really was

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<v Speaker 2>a nice catalyst to get hospitals thinking that way, although

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<v Speaker 2>you know, there were obviously hospitals doing it at that time,

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<v Speaker 2>and so that was really the beginning of, you know,

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<v Speaker 2>I think the popularization of the concept of hospital at home.

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<v Speaker 2>So when you mentioned, you know, is it the same everywhere?

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<v Speaker 2>So there are some standards that we put in place,

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<v Speaker 2>you know, our program essentially, when you're admitted into the

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<v Speaker 2>dispatch program, you are monitored continuously, you have access to

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<v Speaker 2>our nurses and doctors twenty four to seven. You have

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<v Speaker 2>you know, on demand rescue therapy, which would be either

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<v Speaker 2>our mobile er units or ems UH, and then we

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<v Speaker 2>provide all of the services that you would receive typically

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<v Speaker 2>in your hospital stay. That could be physical therapy, that

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<v Speaker 2>could be you know, oxygen, that could be help with

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<v Speaker 2>activities of daily living. We bring all of that into

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<v Speaker 2>the home and then I think importantly, our model continues

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<v Speaker 2>for thirty days. So as you know, we have a

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<v Speaker 2>problem in this country where we'll treat you in the

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<v Speaker 2>hospital for call it three and a half days, discharge you,

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<v Speaker 2>and one in four one in five times you'll come

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<v Speaker 2>back to the hospital. So we continue to keep you

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<v Speaker 2>on our service for thirty days, all the while integrating

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<v Speaker 2>you back with your primary care doctor and ensuring that

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<v Speaker 2>that care plan is continued throughout the thirty days. And

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<v Speaker 2>so at the end about our readmit rates about half

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<v Speaker 2>of what you get inside the hospital. And then you know,

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<v Speaker 2>can you do this throughout the country anywhere? Well, I

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<v Speaker 2>would tell you that it's being done in a lot

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<v Speaker 2>of geographies today. We do this, you know, like I mentioned,

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<v Speaker 2>I think we're in thirty states, but forty markets where

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<v Speaker 2>we provide that on demand er substitute of care imaging.

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<v Speaker 2>And then we have fourteen markets where we provide that

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<v Speaker 2>ability to you know, quote unquote hospitalize in the home

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<v Speaker 2>or recover in the home. And those are very disparate

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<v Speaker 2>markets throughout the country, and so far we haven't encountered

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<v Speaker 2>a situation where we couldn't provide that care.

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<v Speaker 1>And so in this this sounds great in terms of

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<v Speaker 1>an opportunity to rethink how we're delivering care that's not

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<v Speaker 1>just good for the patient but good for the system.

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<v Speaker 1>Good for the patient because they're getting good quality care,

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<v Speaker 1>good for the system because maybe we're seeing this care

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<v Speaker 1>done in a cheaper setting, we're a lower cost sitting.

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<v Speaker 1>We're seeing care that doesn't lead to re admissions, which

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<v Speaker 1>is good overall, but it takes a lot to actually

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<v Speaker 1>make that successful. So, you know, when we think about

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<v Speaker 1>what happened during the pandemic, this was also a time

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<v Speaker 1>when the digital aspects of healthcare kind of blew up

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<v Speaker 1>as well. So can you walk me through what the

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<v Speaker 1>infrastructure is like or is needed to make it successful?

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<v Speaker 2>Yeah, you're spot on. So I'll start with the care teams.

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<v Speaker 2>You know, when I first started, I thought, well, I

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<v Speaker 2>could just take my er care team and bring them

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<v Speaker 2>into the home. And yes, some of the skills translate,

0:13:46.960 --> 0:13:49.240
<v Speaker 2>but there's a there's a different approach, and there are

0:13:49.240 --> 0:13:51.200
<v Speaker 2>different things that they need to be aware of, and

0:13:51.280 --> 0:13:55.160
<v Speaker 2>so I think number one, having adaptable care teams, having

0:13:55.800 --> 0:13:59.880
<v Speaker 2>you know, a quality education program I think is important.

0:14:00.160 --> 0:14:03.760
<v Speaker 2>Number Two, you mentioned technology, This is key, This can't

0:14:03.760 --> 0:14:07.920
<v Speaker 2>be done without it. So we use remote monitoring, we

0:14:08.120 --> 0:14:11.040
<v Speaker 2>use telehealth. We've had to build a lot of our

0:14:11.120 --> 0:14:14.880
<v Speaker 2>own capabilities because you know, every EMR in the world

0:14:15.040 --> 0:14:18.440
<v Speaker 2>is built around the concept of a building where everybody

0:14:18.520 --> 0:14:21.200
<v Speaker 2>is in the building. And for us, you know, the

0:14:21.280 --> 0:14:24.480
<v Speaker 2>patients in a building, but everybody else is driving around,

0:14:24.560 --> 0:14:28.360
<v Speaker 2>right the physical therapist, the pharmacists, the everything, And so

0:14:28.480 --> 0:14:32.400
<v Speaker 2>we've had to become logistics experts. We literally had the

0:14:32.440 --> 0:14:36.040
<v Speaker 2>team that built early Uber come in and build our

0:14:36.120 --> 0:14:40.560
<v Speaker 2>logistics model. And that's a logistics model that's clinically informed,

0:14:40.640 --> 0:14:43.960
<v Speaker 2>meaning you know, is to something need to be happened

0:14:44.000 --> 0:14:46.920
<v Speaker 2>faster because of the clinical acuity of that patient. So

0:14:47.440 --> 0:14:49.480
<v Speaker 2>those are things that we've had to build over the

0:14:49.560 --> 0:14:52.840
<v Speaker 2>decade that I think, are you know different. And then

0:14:53.280 --> 0:14:56.720
<v Speaker 2>to me, you know, I'm an old hospital doc that

0:14:56.800 --> 0:15:00.600
<v Speaker 2>manage lots of other docs and clinical quality is super important.

0:15:00.920 --> 0:15:03.360
<v Speaker 2>So the foundation here really is built on what we

0:15:03.480 --> 0:15:07.040
<v Speaker 2>used to do back inside the hospital. So a patient

0:15:07.120 --> 0:15:11.080
<v Speaker 2>center to focus that is you know, highly focused on

0:15:11.160 --> 0:15:13.240
<v Speaker 2>clinical quality and consistency.

0:15:14.680 --> 0:15:19.600
<v Speaker 1>And so you talk about the care teams that you

0:15:19.640 --> 0:15:22.600
<v Speaker 1>bring to the table. Dispatch Health brings to the table

0:15:23.200 --> 0:15:28.000
<v Speaker 1>the remote monitoring, the technology, and the capabilities that you

0:15:28.280 --> 0:15:32.000
<v Speaker 1>have built to make this work. So help me think

0:15:32.000 --> 0:15:37.160
<v Speaker 1>about how a hospital or a health system would work

0:15:37.320 --> 0:15:40.960
<v Speaker 1>with you, Like how does that conversation start? And then

0:15:41.000 --> 0:15:44.000
<v Speaker 1>when you think about what it is that you do,

0:15:44.080 --> 0:15:48.680
<v Speaker 1>what makes you, what makes Dispatch Health unique from some

0:15:48.720 --> 0:15:50.240
<v Speaker 1>of the other players in the system.

0:15:50.600 --> 0:15:53.880
<v Speaker 2>Yeah, so I'm going to start with the second half

0:15:53.920 --> 0:15:56.120
<v Speaker 2>of that first because I think it'll help us answer

0:15:56.120 --> 0:16:00.360
<v Speaker 2>the first. And when I originally looked at these hospital

0:16:00.400 --> 0:16:03.200
<v Speaker 2>at home models, the first thing that struck me was

0:16:03.200 --> 0:16:06.600
<v Speaker 2>how few admissions there were actually work right. Why hadn't

0:16:06.600 --> 0:16:09.320
<v Speaker 2>this scaled? Why hadn't we done more of it? And

0:16:09.400 --> 0:16:11.880
<v Speaker 2>I would ask some of the folks who were doing this,

0:16:12.040 --> 0:16:14.520
<v Speaker 2>and they mentioned things like, well, it's hard to get

0:16:14.520 --> 0:16:17.120
<v Speaker 2>oxygen to the bedside, or it's hard to get reimbursed,

0:16:17.160 --> 0:16:20.120
<v Speaker 2>and you know, in my head, those are all things

0:16:20.160 --> 0:16:23.320
<v Speaker 2>that we could solve. I thought that the fundamental problem

0:16:23.360 --> 0:16:26.960
<v Speaker 2>that we had in scaling this was the site of origination,

0:16:27.400 --> 0:16:31.960
<v Speaker 2>meaning we were starting the care after the patient had

0:16:32.000 --> 0:16:35.680
<v Speaker 2>already arrived in the emergency department. And as an old

0:16:35.880 --> 0:16:37.880
<v Speaker 2>er doc, I can tell you there's so many people

0:16:37.920 --> 0:16:40.440
<v Speaker 2>that once the patient gets there, they really don't want

0:16:40.480 --> 0:16:43.480
<v Speaker 2>them to leave, right. It's a hassle for the er

0:16:43.520 --> 0:16:46.840
<v Speaker 2>doc to keep that patient longer than is needed and

0:16:46.920 --> 0:16:49.360
<v Speaker 2>work on getting them back home. That's a lot of work.

0:16:50.120 --> 0:16:52.560
<v Speaker 2>If you think of then about the hospitalist. You know,

0:16:53.000 --> 0:16:55.200
<v Speaker 2>is it easier to arrange all this stuff in the

0:16:55.200 --> 0:16:58.000
<v Speaker 2>home or is it easier just to admit them upstairs?

0:16:58.080 --> 0:17:02.120
<v Speaker 2>And frankly, there are some incentives and their pay that

0:17:02.160 --> 0:17:05.119
<v Speaker 2>would you know, make them maybe want to admit the patient.

0:17:05.200 --> 0:17:07.439
<v Speaker 2>And then you know, if I'm the CFO of a hospital,

0:17:07.480 --> 0:17:09.760
<v Speaker 2>it's very hard for me to send the patient out

0:17:10.040 --> 0:17:12.000
<v Speaker 2>if I could have kept them in. And there's the

0:17:12.040 --> 0:17:15.200
<v Speaker 2>whole idea of like, let's keep the lower acuity stuff

0:17:15.240 --> 0:17:18.320
<v Speaker 2>out and just do you know the higher acuity stuff

0:17:18.320 --> 0:17:20.399
<v Speaker 2>in the building. But in the moment, I think that's hard.

0:17:20.680 --> 0:17:24.520
<v Speaker 2>And so with dispatch, what we said was, let's create

0:17:24.960 --> 0:17:27.639
<v Speaker 2>a system in the home. Let's be able to bring

0:17:28.400 --> 0:17:32.640
<v Speaker 2>an er to the bedside and diagnose and treat somebody

0:17:32.760 --> 0:17:35.080
<v Speaker 2>just like I would have in the er. Now, short

0:17:35.080 --> 0:17:37.400
<v Speaker 2>of a cat skin. But everything else I can do,

0:17:37.960 --> 0:17:40.800
<v Speaker 2>and that's really important because you have to risk stratify

0:17:40.880 --> 0:17:44.359
<v Speaker 2>the patient in terms of their clinical condition. So you

0:17:44.440 --> 0:17:46.679
<v Speaker 2>have to have a moderate complexity lab, you have to

0:17:46.680 --> 0:17:49.600
<v Speaker 2>have EKG, you have to have X ray, ULTRASOUM, all

0:17:49.640 --> 0:17:52.760
<v Speaker 2>those things, but we do, and then we can do

0:17:52.800 --> 0:17:56.160
<v Speaker 2>that work up at the home and admit directly to home.

0:17:56.320 --> 0:18:01.399
<v Speaker 2>Patient never leaves their h never leaves the bedside, So

0:18:01.480 --> 0:18:04.440
<v Speaker 2>that's really the difference. And we're one of a handful

0:18:04.440 --> 0:18:06.600
<v Speaker 2>of programs that can actually do that in the country

0:18:06.600 --> 0:18:09.760
<v Speaker 2>because of all the infrastructure that's required to do that

0:18:10.400 --> 0:18:13.359
<v Speaker 2>now hospital systems and we partner with many of them

0:18:13.400 --> 0:18:16.560
<v Speaker 2>across the country. We're better together than a part and

0:18:16.600 --> 0:18:19.679
<v Speaker 2>they understand that we built infrastructure that other people haven't,

0:18:19.720 --> 0:18:22.639
<v Speaker 2>we have technology that other people haven't, and so we

0:18:22.680 --> 0:18:27.960
<v Speaker 2>can integrate with them help them deliver this care. They

0:18:27.960 --> 0:18:29.840
<v Speaker 2>may want to use some of their own staff, they

0:18:29.840 --> 0:18:32.080
<v Speaker 2>may want to use some of our staff, but we

0:18:32.119 --> 0:18:35.520
<v Speaker 2>can work together to decide how to do that as

0:18:35.560 --> 0:18:37.840
<v Speaker 2>long as the clinical quality meets our standards.

0:18:38.920 --> 0:18:42.640
<v Speaker 1>And I think you raised a fundamental component of as

0:18:42.680 --> 0:18:48.840
<v Speaker 1>you raised earlier, the desire to shift to value based healthcare,

0:18:48.880 --> 0:18:54.960
<v Speaker 1>which is focus on not creating that episode of care,

0:18:55.920 --> 0:18:58.119
<v Speaker 1>which is keeping them out of the hospital. And it

0:18:58.119 --> 0:19:01.439
<v Speaker 1>seems like you all are focused on that, and maybe

0:19:01.840 --> 0:19:04.720
<v Speaker 1>the follow up question there is like how do you

0:19:04.800 --> 0:19:08.679
<v Speaker 1>identify those patients so they don't go to the hospital

0:19:08.840 --> 0:19:11.760
<v Speaker 1>and what kinds of patients or what types of patients

0:19:12.440 --> 0:19:19.000
<v Speaker 1>do you regularly see in terms of primary diagnosis.

0:19:18.520 --> 0:19:22.399
<v Speaker 2>Yep, and overall need. So, you know, I and we

0:19:22.440 --> 0:19:24.960
<v Speaker 2>can treat just about anyone, but I say our sweet

0:19:25.000 --> 0:19:27.680
<v Speaker 2>spot are the high medical needs, high social needs patients.

0:19:27.920 --> 0:19:30.520
<v Speaker 2>And just so happens that many of those folks are

0:19:30.520 --> 0:19:33.720
<v Speaker 2>in value based arrangements, and so we spend a lot

0:19:33.800 --> 0:19:39.479
<v Speaker 2>of our time working on educating and catching folks before

0:19:39.480 --> 0:19:42.399
<v Speaker 2>they end up, you know, in the wrong setting. And

0:19:42.440 --> 0:19:45.320
<v Speaker 2>that could be through you know, just their own physicians.

0:19:45.480 --> 0:19:49.160
<v Speaker 2>They're talking to their physician. Use my mom as an example.

0:19:49.240 --> 0:19:52.600
<v Speaker 2>Let's say she has emphysema and let's say she's on

0:19:52.640 --> 0:19:55.320
<v Speaker 2>the phone with her doctors saying, I'm really struggling breathing

0:19:55.440 --> 0:19:58.240
<v Speaker 2>and I think I've had a fever and a cough. Well,

0:19:58.240 --> 0:20:01.000
<v Speaker 2>that's a pretty sick patient potential, especially if she's you know,

0:20:01.080 --> 0:20:05.240
<v Speaker 2>eighty years old. And the work up. You know, doing

0:20:05.280 --> 0:20:09.040
<v Speaker 2>all of that inside a primary care office is almost impossible,

0:20:09.119 --> 0:20:12.560
<v Speaker 2>so typically that patient we get sent to the er. Instead,

0:20:12.680 --> 0:20:15.679
<v Speaker 2>that doc could say, oh, you know what, I have

0:20:15.760 --> 0:20:19.919
<v Speaker 2>a partner, and we do function as an extension of

0:20:19.960 --> 0:20:22.360
<v Speaker 2>a primary care doc. We don't impanel our own patients,

0:20:22.960 --> 0:20:25.040
<v Speaker 2>and so they can say, I have a partner that'll

0:20:25.040 --> 0:20:30.919
<v Speaker 2>come and evaluate you that you know, emphysema, COPD, congestive

0:20:30.960 --> 0:20:36.640
<v Speaker 2>heart failure, pneumonia, complex UTI. The classic medical admission diagnoses

0:20:36.720 --> 0:20:38.240
<v Speaker 2>are our bread and butter and right.

0:20:38.200 --> 0:20:42.840
<v Speaker 1>Up our alley. And so maybe we can talk about

0:20:42.880 --> 0:20:47.400
<v Speaker 1>how it's working right now. You know, there's a couple

0:20:47.480 --> 0:20:51.160
<v Speaker 1>of things that's always needed when and we'll jump into

0:20:51.200 --> 0:20:54.920
<v Speaker 1>this further when we end the conversation, which is the

0:20:55.240 --> 0:20:59.919
<v Speaker 1>policy outlook, because you mentioned the waiver that was initiated

0:21:00.080 --> 0:21:02.080
<v Speaker 1>or in the pandemic and it needs to be extended.

0:21:02.119 --> 0:21:05.440
<v Speaker 1>We'll talk about that. But there's a lot of conversations

0:21:05.440 --> 0:21:08.440
<v Speaker 1>about whether the data is showing that this is successful

0:21:08.760 --> 0:21:14.680
<v Speaker 1>and there's concern or maybe making sure we focus on

0:21:15.600 --> 0:21:22.119
<v Speaker 1>how this is equitable for everybody in terms of you know,

0:21:22.200 --> 0:21:27.240
<v Speaker 1>people this program works for people in certain geographies versus

0:21:27.320 --> 0:21:30.800
<v Speaker 1>it doesn't work well in others making sure that everybody

0:21:30.880 --> 0:21:34.480
<v Speaker 1>has access regardless of where they live, regardless of demographics.

0:21:35.040 --> 0:21:38.159
<v Speaker 1>And so I want to get into kind of the

0:21:39.000 --> 0:21:43.960
<v Speaker 1>data and the health equity and racial disparities discussion that

0:21:43.960 --> 0:21:47.080
<v Speaker 1>it's going to be probably a conversation when Congress looks

0:21:47.119 --> 0:21:50.240
<v Speaker 1>into whether they should be extended or not. And so,

0:21:50.960 --> 0:21:53.159
<v Speaker 1>you know, you said, you know this can work in

0:21:53.240 --> 0:21:57.679
<v Speaker 1>various geographies, but how do kin of some of the

0:21:57.800 --> 0:22:02.879
<v Speaker 1>demographic factors play in to how this can work and

0:22:03.040 --> 0:22:08.320
<v Speaker 1>whether it works? And you know, for example, somebody living

0:22:08.560 --> 0:22:12.399
<v Speaker 1>with a couple of different generations in the same household.

0:22:12.800 --> 0:22:15.000
<v Speaker 1>I guess where I'm trying to go is how do

0:22:15.040 --> 0:22:18.800
<v Speaker 1>we ensure that as many diverse patients as possible benefit

0:22:18.840 --> 0:22:19.760
<v Speaker 1>from the program?

0:22:20.000 --> 0:22:24.600
<v Speaker 2>Yeah, yeah, and we're we're fully in support of that.

0:22:24.600 --> 0:22:27.400
<v Speaker 2>That's exactly you know, back to my comment about high

0:22:27.400 --> 0:22:29.800
<v Speaker 2>medical needs, high social needs patients. That's where we want

0:22:29.800 --> 0:22:33.840
<v Speaker 2>to be. And you know, interesting the way we've approached

0:22:33.840 --> 0:22:38.360
<v Speaker 2>this again, like the waiver. We like the idea. We'll

0:22:38.359 --> 0:22:42.000
<v Speaker 2>talk about that later, but when we get reimbursed, we're

0:22:42.040 --> 0:22:45.800
<v Speaker 2>partnering with managed care plans and some of our earliest

0:22:45.840 --> 0:22:50.320
<v Speaker 2>partners were in Denver and they were managed Medicaid plans,

0:22:50.800 --> 0:22:54.320
<v Speaker 2>and they were pace programs, so dual eligible folks who

0:22:54.359 --> 0:23:00.280
<v Speaker 2>were who were Medicare age but then met criteria for Medicaid.

0:23:00.880 --> 0:23:05.359
<v Speaker 2>And so we've been in you know, homes that aren't

0:23:05.520 --> 0:23:09.560
<v Speaker 2>you know, the fancy suburban home since we started. And

0:23:10.320 --> 0:23:13.520
<v Speaker 2>when we think about is a patient safe for admission?

0:23:14.680 --> 0:23:17.600
<v Speaker 2>We have obviously our clinical checklist, but we also have

0:23:17.720 --> 0:23:20.440
<v Speaker 2>you know, a social checklist. But you'd be surprised how

0:23:21.080 --> 0:23:25.920
<v Speaker 2>short that is. Is the electricity on, is the water

0:23:26.080 --> 0:23:29.720
<v Speaker 2>running right? And if those basic things are there for

0:23:29.760 --> 0:23:34.240
<v Speaker 2>the most part, we can generally deliver care. So I

0:23:34.280 --> 0:23:37.560
<v Speaker 2>would agree with you. I think that's very important that

0:23:37.720 --> 0:23:41.200
<v Speaker 2>we keep this as equitable as possible. I also understand

0:23:41.200 --> 0:23:44.480
<v Speaker 2>the concerns. When I first read about hospital at home.

0:23:45.200 --> 0:23:48.080
<v Speaker 2>You know, I was a bit of a snobby doctor

0:23:48.119 --> 0:23:51.040
<v Speaker 2>who trained in the nineties at UCLA and thought, well,

0:23:51.080 --> 0:23:54.439
<v Speaker 2>only you know, real medical care can happen inside that building.

0:23:55.119 --> 0:23:58.240
<v Speaker 2>I've come to change my tune quite a bit over time,

0:23:58.280 --> 0:24:02.200
<v Speaker 2>but I understand the reticence. I do think it's important

0:24:02.200 --> 0:24:06.200
<v Speaker 2>that as we broaden this, that we are measuring safety

0:24:06.440 --> 0:24:10.600
<v Speaker 2>and quality, and you know, frankly, we're inviting regulation. We're

0:24:10.600 --> 0:24:13.720
<v Speaker 2>in the process of sort of being regulated, and we're

0:24:13.760 --> 0:24:14.400
<v Speaker 2>okay with that.

0:24:16.240 --> 0:24:19.639
<v Speaker 1>So you mentioned the safety and quality aspects. There's been

0:24:20.119 --> 0:24:23.560
<v Speaker 1>some criticism and just going back to how you may

0:24:23.560 --> 0:24:26.159
<v Speaker 1>have looked at this program when you are in the field,

0:24:27.440 --> 0:24:30.600
<v Speaker 1>how do you respond to some of the critics that

0:24:31.240 --> 0:24:36.320
<v Speaker 1>these types of programs essentially we define what care is

0:24:36.400 --> 0:24:40.720
<v Speaker 1>and it's not necessarily for better because maybe there's an

0:24:40.720 --> 0:24:46.520
<v Speaker 1>overreliance on technology and there isn't enough in person care

0:24:46.640 --> 0:24:50.760
<v Speaker 1>that at the end of the day doesn't benefit the patient.

0:24:51.160 --> 0:24:53.360
<v Speaker 1>It seems like you have some experience on both ends

0:24:53.400 --> 0:24:55.800
<v Speaker 1>of this, So how do you respond to some of

0:24:56.040 --> 0:24:56.680
<v Speaker 1>the criticism.

0:24:57.320 --> 0:24:59.960
<v Speaker 2>So here's what we know is that this is done

0:25:00.440 --> 0:25:04.600
<v Speaker 2>at scale in other countries, you know, Australia, New Zealand, Norway.

0:25:04.640 --> 0:25:07.920
<v Speaker 2>So we've got a lot of data. If you look

0:25:07.960 --> 0:25:12.760
<v Speaker 2>at the largest meta analysis of hospital at home, there's

0:25:12.800 --> 0:25:16.320
<v Speaker 2>a twenty percent mortality reduction for admission to the home

0:25:16.400 --> 0:25:20.960
<v Speaker 2>versus the hospital twenty percent. Now, I don't honestly think

0:25:20.960 --> 0:25:23.240
<v Speaker 2>that the number will bear out to be that high,

0:25:23.520 --> 0:25:26.679
<v Speaker 2>but there is something if we do this the right way,

0:25:27.440 --> 0:25:31.919
<v Speaker 2>that is more efficacious delivering care in the home. I

0:25:31.920 --> 0:25:35.159
<v Speaker 2>think the concerns. Yes, let's make sure that we are

0:25:35.320 --> 0:25:37.760
<v Speaker 2>touching the patient as much as possible, but let's continue

0:25:37.760 --> 0:25:41.480
<v Speaker 2>to measure. Let's understand what's gone so well in these

0:25:41.480 --> 0:25:45.359
<v Speaker 2>other countries and try to replicate that, because it looks

0:25:45.400 --> 0:25:47.880
<v Speaker 2>to me, and you know, I'm not the only one,

0:25:48.240 --> 0:25:51.800
<v Speaker 2>that we are getting better clinical outcomes at a lower

0:25:51.840 --> 0:25:55.920
<v Speaker 2>cost with higher satisfaction. You know, there's also a point,

0:25:55.960 --> 0:25:57.440
<v Speaker 2>and I'm not sure if you were going to get there.

0:25:57.520 --> 0:26:01.879
<v Speaker 2>People have brought up the fact that caregivers might be

0:26:01.960 --> 0:26:06.720
<v Speaker 2>burdened in this model. I think that's a legitimate question, right,

0:26:07.600 --> 0:26:10.280
<v Speaker 2>And so what we did, and again it's it's not

0:26:10.480 --> 0:26:13.640
<v Speaker 2>massive numbers, but what we did was we looked at

0:26:13.640 --> 0:26:17.440
<v Speaker 2>the experience of forty four caregivers, right, and these were

0:26:17.480 --> 0:26:21.199
<v Speaker 2>caregivers who's loved one had been both admitted to a

0:26:21.240 --> 0:26:24.280
<v Speaker 2>hospital recently and then admitted to our program in the home.

0:26:24.840 --> 0:26:27.760
<v Speaker 2>And ninety five percent of those caregivers voiced a clear

0:26:27.800 --> 0:26:33.200
<v Speaker 2>preference for our in home model, and overwhelming ninety six

0:26:33.240 --> 0:26:36.199
<v Speaker 2>percent of them cited, you know, a significant decrease in

0:26:36.240 --> 0:26:39.760
<v Speaker 2>their stress levels when managing their loved ones care. So

0:26:40.760 --> 0:26:42.280
<v Speaker 2>I think you got to keep an eye on that.

0:26:42.480 --> 0:26:46.040
<v Speaker 2>But to me, and maybe it's our program or something,

0:26:46.119 --> 0:26:49.919
<v Speaker 2>but it looks like, at least in our experience, that

0:26:49.960 --> 0:26:52.119
<v Speaker 2>the caregivers are pleased with the program.

0:26:53.000 --> 0:26:55.640
<v Speaker 1>So maybe just to connect the dots, and you've probably

0:26:55.720 --> 0:26:58.600
<v Speaker 1>laid this out, like what do you think is behind

0:26:59.119 --> 0:27:04.240
<v Speaker 1>those numbers? And you just say, okay, ninety five percent

0:27:04.520 --> 0:27:07.960
<v Speaker 1>support because it helps them? What is it that helps

0:27:08.000 --> 0:27:10.520
<v Speaker 1>them feel better about this program?

0:27:10.760 --> 0:27:14.880
<v Speaker 2>Yeah, and you know, we talked a little bit about

0:27:14.920 --> 0:27:19.760
<v Speaker 2>equity as well. Our program is highly focused on addressing

0:27:19.840 --> 0:27:25.640
<v Speaker 2>gaps and care, you know, noticing those social determinate differences

0:27:25.720 --> 0:27:30.480
<v Speaker 2>and doing something about it and then frankly, having hard conversations.

0:27:31.280 --> 0:27:34.119
<v Speaker 2>So you know, in the emergency room, I used to

0:27:34.480 --> 0:27:38.720
<v Speaker 2>consider myself pretty good about talking about end of life issues.

0:27:39.280 --> 0:27:41.560
<v Speaker 2>You could imagine that a lot of program, a lot

0:27:41.560 --> 0:27:44.600
<v Speaker 2>of patients in our program are end of life and

0:27:44.680 --> 0:27:48.320
<v Speaker 2>so our providers are highly skilled at this and they

0:27:48.359 --> 0:27:51.600
<v Speaker 2>have thirty days, right, it's not just one day, it's

0:27:51.640 --> 0:27:55.359
<v Speaker 2>not one hour. We develop a relationship by the nature

0:27:55.359 --> 0:27:58.920
<v Speaker 2>of our program that allows us to address that. And

0:27:59.119 --> 0:28:03.160
<v Speaker 2>you know, the goals of care are changing almost twenty

0:28:03.240 --> 0:28:06.040
<v Speaker 2>percent of the time a patient's understanding of their disease

0:28:06.560 --> 0:28:09.560
<v Speaker 2>at the beginning versus the end. Do I really want

0:28:09.600 --> 0:28:12.680
<v Speaker 2>to be resuscitated? You know, having those tough discussions, even

0:28:13.280 --> 0:28:16.040
<v Speaker 2>enrollment in hospice and palliative care, I think that's like

0:28:16.119 --> 0:28:19.520
<v Speaker 2>seven or eight percent of time when we admit our patients.

0:28:19.560 --> 0:28:22.680
<v Speaker 2>So I think that's some of it. You know. It's

0:28:22.720 --> 0:28:25.920
<v Speaker 2>not that other programs don't do that as well, but

0:28:25.920 --> 0:28:28.120
<v Speaker 2>that's been a focus of ours.

0:28:29.160 --> 0:28:33.840
<v Speaker 1>And so yeah, you mentioned some pretty good data points

0:28:33.840 --> 0:28:37.080
<v Speaker 1>about how this is working and how it's working for

0:28:37.119 --> 0:28:40.360
<v Speaker 1>you all, and there's going to be a big debate,

0:28:40.800 --> 0:28:43.960
<v Speaker 1>and I think you mentioned earlier. You know, it seems

0:28:44.000 --> 0:28:47.960
<v Speaker 1>like you all are doing this apart from the hospital

0:28:48.120 --> 0:28:54.040
<v Speaker 1>home waiver, which again was started during the pandemic. It

0:28:54.480 --> 0:28:57.320
<v Speaker 1>set to expire at the end of twenty twenty two,

0:28:57.360 --> 0:29:00.200
<v Speaker 1>but it is now extended to the end of of

0:29:00.800 --> 0:29:05.720
<v Speaker 1>twenty twenty four. It doesn't seem like maybe I should

0:29:05.760 --> 0:29:08.960
<v Speaker 1>just ask the question of rgin your mouth, but does

0:29:09.000 --> 0:29:12.640
<v Speaker 1>your business model rely on Congress extending the waiver again?

0:29:14.320 --> 0:29:19.400
<v Speaker 1>And you know, regardless of the answer, you know, are

0:29:19.440 --> 0:29:23.600
<v Speaker 1>you confident that that Congress will extend the waiver?

0:29:24.920 --> 0:29:29.080
<v Speaker 2>So you know, our model does not require extension of

0:29:29.120 --> 0:29:33.080
<v Speaker 2>the waiver to continue, So there's that. That said, we

0:29:33.120 --> 0:29:37.440
<v Speaker 2>work with several hospital partners to help them deliver the

0:29:37.440 --> 0:29:42.920
<v Speaker 2>waiver right, and I think collectively we're actually better. I

0:29:42.960 --> 0:29:45.760
<v Speaker 2>am all for for extension, extension of the waiver, and

0:29:46.520 --> 0:29:49.400
<v Speaker 2>you know, I can't really predict this, but it seems

0:29:49.440 --> 0:29:53.280
<v Speaker 2>to me like it's it's low risk, and I think

0:29:53.320 --> 0:29:56.280
<v Speaker 2>we just need more time and data right this. You know,

0:29:56.320 --> 0:29:59.240
<v Speaker 2>if we had an extension for five years, that gives

0:29:59.320 --> 0:30:02.560
<v Speaker 2>us more time, data and you know these every time

0:30:02.600 --> 0:30:05.200
<v Speaker 2>you admit a patient. The way the work waiver works today,

0:30:05.800 --> 0:30:09.600
<v Speaker 2>you're you're sending in your case, right, You're letting CMS

0:30:09.680 --> 0:30:13.040
<v Speaker 2>know how you did. So this isn't a black hole.

0:30:13.200 --> 0:30:16.280
<v Speaker 2>This is very transparent what's going on. And I think

0:30:16.320 --> 0:30:19.360
<v Speaker 2>if we can get you know, ten twenty thirty thousand

0:30:19.440 --> 0:30:21.880
<v Speaker 2>of these admissions, were really going to know how safe

0:30:21.920 --> 0:30:26.240
<v Speaker 2>this is. So that's why I would completely encourage extension

0:30:26.240 --> 0:30:26.680
<v Speaker 2>of the waiver.

0:30:27.600 --> 0:30:32.680
<v Speaker 1>So let me then talk about this aspect. And you mentioned,

0:30:32.720 --> 0:30:35.040
<v Speaker 1>you know, if we can extend the waiver for say

0:30:35.120 --> 0:30:40.440
<v Speaker 1>five years, you know, we get these additional data points.

0:30:40.840 --> 0:30:44.520
<v Speaker 1>And one of the things that I've heard Metpack Medicares

0:30:44.560 --> 0:30:48.120
<v Speaker 1>Payment Advisory Committee took up this topic in one of

0:30:48.160 --> 0:30:51.440
<v Speaker 1>their sessions, may have in March of this year, but

0:30:52.040 --> 0:30:56.080
<v Speaker 1>at this point, at some point this year, it was discussed,

0:30:56.280 --> 0:30:58.920
<v Speaker 1>and one of the things that were topics that came

0:30:59.000 --> 0:31:03.040
<v Speaker 1>up was, well, hospital at home or this care at

0:31:03.040 --> 0:31:09.800
<v Speaker 1>home should we be thinking about whether the reimbursement model changes,

0:31:09.960 --> 0:31:15.200
<v Speaker 1>because you know, it's my understanding that the payment rates,

0:31:15.240 --> 0:31:18.200
<v Speaker 1>the reimbursement rates are all the same for care that's

0:31:18.200 --> 0:31:23.040
<v Speaker 1>in a theoretically lower cost setting. Is that a concern

0:31:24.120 --> 0:31:28.920
<v Speaker 1>for you or the industry that Congress could come in

0:31:28.960 --> 0:31:32.680
<v Speaker 1>and say, or maybe the administration say, you know, we're

0:31:32.720 --> 0:31:35.360
<v Speaker 1>going to make this a two tiered approach. If we're

0:31:35.400 --> 0:31:39.120
<v Speaker 1>talking about care at the home, for these hospital level services,

0:31:39.760 --> 0:31:42.640
<v Speaker 1>we should have a different reimbursement level. What goes through

0:31:42.680 --> 0:31:43.920
<v Speaker 1>your mind when you hear.

0:31:43.840 --> 0:31:48.320
<v Speaker 2>Something like that, Well, the first thing is that you know,

0:31:48.640 --> 0:31:52.120
<v Speaker 2>we didn't build this company without the concept of the

0:31:52.200 --> 0:31:55.320
<v Speaker 2>quadruple aim in mind. Right, we believe that what we

0:31:55.360 --> 0:31:59.360
<v Speaker 2>should what we are doing should improve provider and patient

0:31:59.400 --> 0:32:03.520
<v Speaker 2>satisfactor and improve outcomes but lower cost. Right, And so

0:32:04.320 --> 0:32:07.400
<v Speaker 2>I'm not opposed to those conversations, right, I don't have

0:32:07.480 --> 0:32:11.240
<v Speaker 2>to pay for an on call neurosurgeon. I don't have

0:32:11.480 --> 0:32:13.800
<v Speaker 2>the certain you know, the debt service of the brick

0:32:13.840 --> 0:32:17.960
<v Speaker 2>and mortar like all of that. Right, So, I think,

0:32:18.480 --> 0:32:22.240
<v Speaker 2>you know, we've been able to demonstrate on average five

0:32:22.280 --> 0:32:25.880
<v Speaker 2>to seven thousand dollars of savings per admission in our model.

0:32:26.440 --> 0:32:29.800
<v Speaker 2>And that has to do with some of those readmission reductions.

0:32:29.840 --> 0:32:31.440
<v Speaker 2>It has to do with a few other things the

0:32:31.480 --> 0:32:35.160
<v Speaker 2>way we've you know, set the reimbursement. But I think,

0:32:35.240 --> 0:32:37.880
<v Speaker 2>you know, a bottom's up, look, that's fair because you

0:32:37.920 --> 0:32:42.080
<v Speaker 2>want to incentivize this, right, I think that's perfectly reasonable.

0:32:43.920 --> 0:32:47.480
<v Speaker 1>I think i'd be surprised if there are major changes.

0:32:48.560 --> 0:32:52.800
<v Speaker 1>You know, Congress is bogged down on a number of things.

0:32:52.840 --> 0:32:54.360
<v Speaker 1>I think we'll get to the end of the year

0:32:54.440 --> 0:32:58.160
<v Speaker 1>and we'll probably see a date change for a couple

0:32:58.160 --> 0:33:01.720
<v Speaker 1>of years. I don't know if that's three or five years,

0:33:01.720 --> 0:33:04.640
<v Speaker 1>but I'd be shocked if at the end of the

0:33:04.720 --> 0:33:09.000
<v Speaker 1>day this program does not get extended. But I will

0:33:09.040 --> 0:33:12.200
<v Speaker 1>say this, you know, as we look ahead, as somebody

0:33:12.240 --> 0:33:18.760
<v Speaker 1>who started a program from scratch and has grown into

0:33:18.840 --> 0:33:21.280
<v Speaker 1>what it is now. You know, one of the things

0:33:21.280 --> 0:33:23.840
<v Speaker 1>I like to ask our guests about some of these

0:33:23.880 --> 0:33:28.239
<v Speaker 1>policy questions. Is well, look in your crystal ball and

0:33:28.680 --> 0:33:31.920
<v Speaker 1>not just tell us what's going to happen in five years.

0:33:32.000 --> 0:33:38.560
<v Speaker 1>But you'll be disappointed in five years if something happens

0:33:38.640 --> 0:33:41.360
<v Speaker 1>or something doesn't happen. So let me ask you this

0:33:41.560 --> 0:33:45.000
<v Speaker 1>fast forward five years. You'll be disappointed if.

0:33:46.480 --> 0:33:49.000
<v Speaker 2>Well, I hate to admit this, but I'm I'm running

0:33:49.080 --> 0:33:53.360
<v Speaker 2>up on Medicare age myself. So I would hate it

0:33:53.440 --> 0:33:56.000
<v Speaker 2>if I couldn't get this care because I've seen how

0:33:56.040 --> 0:33:58.760
<v Speaker 2>beneficial it is. I would hate it that if at

0:33:58.800 --> 0:34:01.360
<v Speaker 2>that time I need an europe placement, that I have

0:34:01.480 --> 0:34:04.400
<v Speaker 2>to still go to a rehab facility or skilled nursing facility.

0:34:04.440 --> 0:34:07.240
<v Speaker 2>I can't rehab in my home, So that's what I

0:34:07.240 --> 0:34:07.720
<v Speaker 2>would hate.

0:34:07.960 --> 0:34:11.680
<v Speaker 1>Let me wrap up with this question. You know, as

0:34:12.560 --> 0:34:17.399
<v Speaker 1>again somebody who started out in the field and now

0:34:17.680 --> 0:34:22.680
<v Speaker 1>leads this organization and has this focus on how we

0:34:22.800 --> 0:34:27.080
<v Speaker 1>deliver care and innovating how we deliver care. You know,

0:34:27.120 --> 0:34:31.760
<v Speaker 1>what's a life lesson you share with your your team,

0:34:32.080 --> 0:34:35.200
<v Speaker 1>your family, What's something that drives you and how you

0:34:35.239 --> 0:34:38.840
<v Speaker 1>ouperate your personal or business life.

0:34:39.440 --> 0:34:44.520
<v Speaker 2>Interesting. I'm terrible at these questions, but you know I

0:34:44.560 --> 0:34:47.440
<v Speaker 2>do tell my kids, and I tell you know, some

0:34:48.239 --> 0:34:51.640
<v Speaker 2>folks that I talk to, if I notice they're a

0:34:51.719 --> 0:34:54.680
<v Speaker 2>creative and a leader, right, and you know who you

0:34:54.719 --> 0:34:57.760
<v Speaker 2>are right when you're both of those things, I always

0:34:57.880 --> 0:35:02.840
<v Speaker 2>encourage them to stay authentic, right, stay weird. The people

0:35:02.840 --> 0:35:05.759
<v Speaker 2>who matter really appreciate that, and that's going to get

0:35:05.800 --> 0:35:09.560
<v Speaker 2>you far. Real transformational ideas. They're not dreamed up by

0:35:09.560 --> 0:35:13.360
<v Speaker 2>a bunch of stiffs with spreadsheets. Right. You're you're the future,

0:35:13.920 --> 0:35:15.920
<v Speaker 2>and we need you to enact your dreams and vision.

0:35:17.040 --> 0:35:19.680
<v Speaker 2>So have the guts to go do what you believe.

0:35:21.000 --> 0:35:23.960
<v Speaker 1>You know it's say, based on this conversation you've used,

0:35:24.280 --> 0:35:28.160
<v Speaker 1>it seems like you've used your experience to build something

0:35:28.239 --> 0:35:31.399
<v Speaker 1>that is going to be part of how we look

0:35:31.440 --> 0:35:34.319
<v Speaker 1>at healthcare. And to your point, you know in five

0:35:34.400 --> 0:35:38.960
<v Speaker 1>years you'll be disappointed if that may ultimately be a

0:35:39.080 --> 0:35:42.080
<v Speaker 1>lasting change and how we deliver healthcare. But you know

0:35:42.080 --> 0:35:46.560
<v Speaker 1>that's not for me to decide, and we'll see how

0:35:46.600 --> 0:35:50.040
<v Speaker 1>this Congress will see how the data comes in and

0:35:50.080 --> 0:35:55.160
<v Speaker 1>what it means for these types of programs and how

0:35:55.480 --> 0:35:59.399
<v Speaker 1>this moves forward. So I think that has been very

0:35:59.440 --> 0:36:03.279
<v Speaker 1>helpful for me that help me understand what it is

0:36:03.360 --> 0:36:05.360
<v Speaker 1>we're talking about, and I think that's a good place

0:36:05.400 --> 0:36:09.439
<v Speaker 1>to wrap up this episode of Boots and Verdicts. Mark,

0:36:09.480 --> 0:36:11.799
<v Speaker 1>thank you for joining us today and you have a

0:36:11.800 --> 0:36:13.960
<v Speaker 1>lot on your plate and I appreciate you taking the

0:36:14.000 --> 0:36:18.000
<v Speaker 1>time to talk with us, and thank you all for

0:36:18.200 --> 0:36:20.960
<v Speaker 1>listening and for joining us. As a reminder, you can

0:36:21.000 --> 0:36:24.000
<v Speaker 1>read all of our BI research on the Bloomberg terminal

0:36:24.040 --> 0:36:27.200
<v Speaker 1>at BI go. Once again, thanks for listening, and you

0:36:27.239 --> 0:36:38.839
<v Speaker 1>have a great day.