💌🏥 If CT imaging sneezed
Hey everyone. Jared had an awesome time with some of you at the first-ever Healthcare Huddle Happy Hour. Stay on the lookout for more Huddle events 😉... and for Hospitalogy too. I'm having major FOMO - lots of folks I've met are in New York, far far away from good 'ole Dallas! (At least I'm closer to Austin). Here's another crossover edition of Healthcare Huddle x Hospitalogy. Keep hitting us with your feedback and thoughts - we read them all! Huddle Up:
Subscribe to Healthcare Huddle to get the industry news, insights, and analysis you need every Sunday from current medical student, Jared Dashevsky. SUPPLY CHAIN Healthcare Supply Chain Gone HaywireHospitals are grappling with yet another serious, pandemic-induced supply chain shortage. This time: intravenous contrast. GE Healthcare’s production site in Shanghai shut down in April after the city went into another Covid-19 lockdown. Return to production has been slow. The company estimates the site is now operating at around 50% of its production capacity and expects to return to full capacity by the end of June. GE Healthcare is one of the largest IV contrast manufacturers in the world and U.S. hospitals rely heavily on GE for their IV contrast for millions of patients annually. This type of contrast is used for CT scans and fluoroscopy procedures—both of which are vital for diagnosing disease and intervening to prevent the progression of disease (e.g., cardiac catheterization). While we don’t have exact numbers yet showing the impact, anecdotally, it appears the U.S. is being hit hard by the shortage. Thoughts It seems history is repeating itself, albeit very quickly. Doctors, including radiologists, interventional cardiologists and neurologists who all rely on IV contrasts for diagnosing and intervening, are yet again faced with an all-to-familiar decision: who should or shouldn’t receive IV contrast for diagnostics or intervention. Dr. Christopher Hess from UCSF summed up nicely the implications of the contrast shortage:
We’ll soon see just how bad the “flu” is once numbers start rolling in regarding the shortage’s impact on patients. Nearly two years ago, Dr. Ezekiel J. Emanuel and his colleagues wrote an article about allocating scarce medical resources during Covid-19 fairly. They brought up four fundamental principles to consider when rationing, and I note how this may apply to the contrast shortage in italics:
While I hope this is the last supply chain shortage we have, I’m sure it won’t be. The pandemic has been broken record: cases increase, decrease, increase again; supply chain is fine, not fine, fine again; hospitals are financially stressed, not stressed, stressed again. It goes on and on. While Covid-19’s viral evolution may be out of our control, one thing that is in our control is the healthcare supply chains we rely on and how diverse we choose to make them. HOSPITALOGY THIS WEEK Hospitalogy's Week AheadEveryone has been asking me, "Blake - WHERE are your thoughts on the Advocate-Atrium merger? What's the strategy here? What are the broader implications for health systems?" Well...wait no longer. We'll be diving deep this Thursday at 12pm ET on the history of health system M&A and how it's evolving. Of course, Tuesday's send will cover all of the relevant healthcare business news from the week. I might even have my own take on the whole Cerebral situation. Guess you'll have to see! See ya Tues & Thurs, Hospitalogy fam. DIGITAL MENTAL HEALTH The Cerebral Shake-UpFollowing the drama of mental health startup Cerebral has been like following a juicy show on Netflix—I can’t wait for the next episode to see what happens. In the last episode of Cerebral, I covered the new federal investigation into the company’s excessive prescribing of controlled ADHD medication. So what’s new for this week’s episode? In This Week's Episode At the very same time, Cerebral’s board voted to remove CEO Kyle Robertson, citing a “lack of confidence in his leadership.” Dr. Muo is replacing him, but I’m not sure if this is the best swap—Dr. Muo seems to have played a substantial role in pushing for more ADHD diagnoses and Adderall prescriptions. Thoughts How did Cerebral get to this point, though? At the beginning of the pandemic, the DEA added some flexibilities to the Ryan Haight Act. This act requires providers to have an in-person visit with a patient before prescribing a controlled substance such as Adderall or a benzodiazepine. Therefore, the DEA decided to temporarily scratch the “in-person visit” requirement for the duration of the public health emergency. Cerebral, who initially focused on depression treatment, saw the opportunity to expand into ADHD and sleep disorders, prescribing controlled medications like Adderall and benzodiazepines. Cerebral is not alone. Done is another company targeting ADHD with Adderall, while Mindbloom is a company targeting psychedelic medicine with Ketamine (controlled drug). I predict these types of companies prescribing controlled substances will follow the same path as Cerebral—profits will become too attractive, clouding the aggressive push to diagnose and treat. However, organizations like the American Psychology Association want the DEA to make the Ryan Haight Act flexibilities permanent. Should they be permanent? It’s tricky. On the one hand, these flexibilities increase access to mental health care. But, on the other hand, these flexibilities increase the potential for misuse. The government needs to find where the balance lies between access and misuse, and write rules accordingly to maximize access and minimize misuse. DIGITAL HEALTH Startups Addressing Care GapsRock Health released a comprehensive report on startup innovation for underserved groups. Before summarizing their report, here’s a friendly reminder about U.S. healthcare compared to peer nations:
There’s a pressing need for startups to innovate around these areas of weakness to improve care for all groups of people. Rock Health’s report focuses on digital health innovation targeting groups that the healthcare system has marginalized, including rural communities, Medicaid beneficiaries, women of color and LGBTQ+ individuals. Thoughts Icario Health is a health action platform focused on Medicaid and Medicare populations. They use a multi-channel engagement approach to connect people to their health and are seeing rapid growth. I also love where their name comes from. Mae is focused on an area of healthcare that no one (like the government) seems to be doing anything about: maternal health for Black women. Maternal mortality rates for Black women are three times higher than average, a disparity that has persisted for decades. Mae addresses this problem by providing pregnancy and postpartum support tailored to Black women’s needs. We need more startups like Mae. Lastly, Violet’s educational platform helps providers grow and develop their LGBTQ+ cultural competency. They also have a benchmarking tool to evaluate team member’s progress. I like Violet’s mission. It adds structure to developing people’s cultural competency without having them attend sporadic, hour-long didactic sessions where people seldom pay attention or just forget everything they learned as soon as the session ends. OUTSIDE THE HUDDLE
HUDDLE HITS
HEALTHCARE JOBS Here are some jobs that I’m curating for the healthcare industry. Use this link to submit your role to be featured if you’re looking to hire. Digital Health PR + Comms, HermesPR Fast-growing boutique PR agency HermesPR is looking for someone to fill their PR and communications role. All entry levels! Candidates must have transferable experience in public relations or communications to be considered. Digital health or tech PR experience is required. Medical Advisor, Otorhinolaryngologist, Cove Cove is looking for experts in Otorhinolaryngology to be a Medical Advisor. Time requirements will vary on a monthly basis (typically 3-5 hours per month). Remote work. Senior Growth Manager of Health Services, Hinge Health Hinge is looking for someone who has Health Plan relationship management experience as a management consultant, vendor or other partner to lead their growth efforts. If you’re interested in health care and making a difference in people’s lives, and passionate about the intersection of technology and healthcare, then this is for you. THE WEEK AHEAD
Thanks for reading this week’s Huddle! Jared will be away next weekend, so the newsletter will be a mini deep-dive into a specific healthcare topic vs the traditional three-article newsletter. Keeping it simple, — Jared and Blake Loving this newsletter? Get in front of 11,400 doctors, nurses, PAs and healthcare decision-makers by clicking below: |
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