EP441: Tables Get Turned. This Is Me Interviewed by Abby Burns From Radio Advisory About What Is Value

Relentless Health Value

In this episode, Abby Burns from Radio Advisory interviews Stacey Richter, host of the Relentless Health Value podcast, during the Raising the Bar Value Summit. They discuss the complexities of defining and creating value in healthcare, focusing on the roles of various stakeholders including patients, providers, and payers.

Stacey shares insights on the challenges and tensions in the healthcare system, such as the fragmentation of care, financial toxicity, and the cultural norms that inhibit progress. The conversation also highlights practical examples and potential strategies to drive value and sustain positive changes within the industry.

=== LINKS === 🔗 Show Notes with all mentioned links: https://cc-lnk.com/EP441

🔗 Healthcare Industry Acronyms and Terms https://relentlesshealthvalue.com/healthcare-acronymns

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03:33 Stacey’s journey and mission.

04:16 The story of Scott Conard, MD (EP391).

09:28 Why it’s important not just to drive change but to sustain it.

12:23 Heart Failure: A Case Study in Value.

14:13 EP438 with John Lee, MD.

15:07 Why patient positive value often fails instead of succeeds.

18:07 How financial toxicity has become clinical toxicity in healthcare.

19:44 How cultural norms have evolved into healthcare challenges.

23:38 The story of Mike Tuggy, MD, in Washington.

25:13 Looking at the four tensions in measuring value as continuums.

25:37 Why timeline is important in creative value in healthcare.

27:52 Finding Allies by Michael Leavitt.

28:34 What are the four ways to measure value in healthcare?

29:27 How do payers and providers collaborate to align on value metrics?

31:26 Why will proven versus experimental treatments become more important in the next few years?

34:54 Stacey’s manifesto (EP400) and values for personal integrity in healthcare.

38:55 Stacey’s parting advice.