In this episode of Only Healthcare, we tackle the fundamental question: Why does the US spend more on healthcare than any other country yet rank last in outcomes?
Key Topics:
- The cost-outcome paradox – How $12,000 per capita spending leads to worst-in-class life expectancy and preventable death rates among developed nations
- System misalignment – Why emergency care dominates over preventative care, driving up costs while reducing effectiveness
- Administrative waste – The $600 billion to $2 trillion in wasteful spending caused by middlemen, lack of transparency, and disconnected care
- Patient empowerment strategies – Practical steps individuals can take to navigate the system, from research and advocacy to choosing integrated care models like Mayo Clinic and Kaiser
Despite the challenges, this isn't about bad medicine or bad people – it's about broken processes that can be fixed through transparency, accountability, and putting power back in the hands of patients and providers.
🎧 Listen now: onlyhealthcarepodcast.com
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Chapters:
(00:00) Introduction
(01:00) US healthcare spending vs. outcomes data
(03:00) Emergency care cost drivers
(05:00) Insurance coverage and preventative care gaps
(08:00) Administrative waste and pharmaceutical pricing
(12:00) Successful healthcare models (Mayo Clinic, Kaiser, Cleveland Clinic)
(17:00) Patient advocacy and proactive health strategies
(22:00) Human toll and social determinants of health
Hosted by:
Michael Navin & Dr. Randy Vogenberg
Michael's LinkedIn
Randy's LinkedIn
Sponsored by:
Peek: A game-changing prescription shopping solution that allows its members to view all their prescription cost options across cash discount programs and their insurance in one easy-to-use platform. Peek is currently being offered to organizations to help both employees and plan sponsors save money on their prescription spend. https://peekmeds.com/.
Institute for Integrated Health (IIH): Health care benefits, insurance coverage regulations, and doing business in the healthcare industry can be complicated. At IIH, Dr. Randy Vogenberg and his team understand these unique challenges and provides strategic guidance customized to every client. To help overcome your unique challenges, IIH delivers education, planning and advisory on market trends, and U.S. health care market intelligence. The firm’s decades of proven success are due to strategic collaboration with associates from the business, clinical, and scientific communities. https://iih-online.com/.
Music by:
Hanu Dixit, https://www.youtube.com/hanudixit
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