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EP507: 4 Core Concepts to Buy or Deliver the Highest-Value Healthcare—A Review
Description
In this episode of Relentless Health Value, Stacey Richter summarizes 4 core concepts for getting highest-value healthcare and we hear from 15 experts who weigh in on the following concepts:
(1) "Buy healthcare," not insurance, by focusing on unit prices and avoiding administrative extraction like spread pricing and layered fees, illustrated by examples from Jonathan Baran, Cynthia Fisher, Mark Newman, and Justin Leader;
(2) avoid the "myth of less expensive care," emphasizing that price often doesn't correlate with quality and that better, safer care can cost less, with support from Elizabeth Mitchell, Dr. Sam Flanders, Shane Cerone, Jerry DiMaso, and Ivana Krajcinovic, plus transparency-file rate disparities;
(3) consider direct contracting and collaboration between plan sponsors and clinicians (and pharmacies), including centers of excellence, to reduce middlemen and align incentives, with clips from Krajcinovic, Ryan Jacobs, Adam Stavisky, and Ryan Wells; and
4) buy true value—outcomes over cost—measured across the care journey and grounded in patient goals, with Dr. Mick Connors, Dr. Siva, and Dr. Kenny Cole.
=== LINKS === 🔗 Show Notes with all mentioned links: https://cc-lnk.com/EP507
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Featured Experts by Core Concept
Concept 1: Buy Healthcare, Not Insurance
Jonathan Baran, CEO, Self Fund Health (EP483)
Cynthia Fisher, founder and chairman, PatientRightsAdvocate.org; co-founder and chairman of Power to the Patients (EP457)
Mark Newman, co-founder and CEO, Nomi Health (EP496)
Justin Leader, founder and CEO, BenefitsDNA (EP433)
Concept 2: Avoid the Myth of Less Expensive Healthcare
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