The Risky Health Care Business - Trailer 2 - Featured Guests Trailer

Trailer 2 - Featured Guests Trailer

08/21/23 • 3 min

Welcome to The Risky Health Care Business Podcast, where we help you prepare for the future by sharing stories, insights, and skills from expert voices in and around United States health care. I'm your host, Scott Nelson, a guy that grew up in Ohio and has been working all over the United States during my 20 plus year and counting career in the health care industry. I'm on a mission to inform, educate, and help organizations and individuals throughout dental, medical, and veterinary care with risk while hopefully having some fun along the way.

This podcast is not about health care as a risky business investment. It's about the risk that's involved in health care. Risk can mean many things to many people. We talk with professionals at the forefront of health care and discuss: What is risk in health care? Why is there risk in health care? How can risk be managed?

The yearly numbers and dollar amounts of adverse events in health care continue to increase. Cyberattacks. Disaster incidents. Legal matters. What could slow down or shut down your health care business? Or even worse? Risk can no longer be ignored. A risk versus reward mentality must also be coupled with risk versus regret. Are you 100% certain that you and your business would survive a shock event? Gambling that an adverse event will never happen is not a viable approach to running a health care business. It's time to transform the model from reactive to proactive.

We talk about risk around topics and themes like cash management and what affects your financial positions, the economy and interest rates, patients and unemployment, staffing, technology, and more.

We share information that can apply to any health care organization anywhere in the US, ranging from one doctor practices to large, integrated systems or organizations, from small towns and rural communities, to big cities and urban settings. And any person working in or with health care, from clinicians to staff to allied collaborators.

In this podcast you'll hear in-depth interviews, powerful insights, resourceful skills, and more from people at the forefront of this exciting time in the health care industry. Some of the guests include Tamara Johnson, Vice President Quality and Risk Management at Phoenix Children's Hospital in Phoenix, Arizona. "When we hear the word risk, likely not always positive. Most of the catastrophic events that occur is because the risk wasn't anticipated." Dr. Paul Casamassimo, board certified pediatric dentist, professor emeritus at The Ohio State University, and attending dentist at Nationwide Children's Hospital in Columbus, Ohio. "It's really understanding risk. The different layers of risk. Ask yourself: Am I covered? Am I protected? One of the things that we don't really appreciate is hidden risk. Dentistry has barely scratched the concept of risk and safety." Colin Carr, CEO of CARR, a national health care real estate company. "When it comes to the economics, it's going to affect cash flow, it's going to affect profitability. Looking at all the different areas where you can lose or win money. If you miss a negotiation deal point, that's pretty significant."

We publish a new episode every two weeks, a long form guest interview around 30 minutes. You can find a complete list that's easy to navigate in the resource center section of the SpringParker website, springparker.com, or click the Listen link in the episode to listen and subscribe for free on your platform of choice. Each episode has show notes to help you navigate the episode along with a full episode transcript.

The show is The Risky Health Care Business Podcast. It's available Tuesday, August 29 and it's every other Tuesday. And you can subscribe now.

Accelerating health care performance is creativity, not just productivity. Thank you for joining me.

We talk about risk around topics and themes like cash management and what affects your financial positions, the economy and interest rates, patients and unemployment, staffing, technology, and more.

The show is The Risky Health Care Business Podcast. It's available Tuesday, August 29 and it's every other Tuesday. And you can subscribe now.

Accelerating health care performance is creativity, not just productivity. Thank you for joining me.

Previous Episode

Trailer 1 - Launch Trailer

Welcome to The Risky Health Care Business Podcast, where we help you prepare for the future by sharing stories, insights, and skills from expert voices in and around the United States health care world. I'm your host, Scott Nelson, a guy that grew up in Ohio and has been working all over the United States during my 20 plus year and counting career in the health care industry. I'm on a mission to inform, educate, and help organizations and individuals throughout the dental, medical, and veterinary health care industry with risk while hopefully having some fun along the way.

But how did I get on this risk mission? It began back in the spring of 2020. COVID was exploding all over the world, including the United States. The future was unknown because of an unanticipated adverse event. Hospitals were treating more patients than capacity limits. Health care practices were forced to close - some temporarily, some permanently - prompting banks and other financial institutions to receive calls from health care providers all over the country saying they would not be able to pay their loans. An unanticipated adverse event can happen at any time and take any form. COVID show the importance of planning and preparation.

So what is risk in health care? Where is it? How can you prepare for risk and overcome it? What are the challenges facing participants in the health care industry today. We're in a transformational time in health care. Have our models evolved to meet the moment? Risk can no longer be ignored. A risk versus reward mentality must also be coupled with risk versus regret. Gambling that an adverse event will never happen is not a viable approach to running a health care business. It's time to transform the model from reactive to proactive.

In this podcast, you'll hear in depth interviews, powerful insights, resourceful skills, and more from people at the forefront of this exciting time in the health care industry. We publish a new episode every two weeks, a long form guest interview around 30 minutes. You can find a complete list that's easy to navigate in the resource center section of the SpringParker website, springparker.com, or click the Listen link in the episode to listen and subscribe for free on your platform of choice. Each episode has show notes to help you navigate the episode along with a full episode transcript.

The show is The Risky Health Care Business Podcast. It's available Tuesday, August 29, and it's every other Tuesday. And you can subscribe now. Accelerating health care performance is creativity, not just productivity. Thank you for joining me.

Next Episode

Tamara Johnson, VP of Quality & Risk Management at Phoenix Children's Hospital

What she does: Tamara is the Vice President of Quality and Risk Management at Phoenix Children's Hospital where she provides oversight to both the quality and risk management departments. This includes organization-wide risk reduction initiatives and strategic direction.

On risk: "When we hear the word risk, I think there's a lot of immediate thoughts that come to mind, and they're likely not always positive ... When you really look at risk and you realize it's something that we're all faced with every day and so everything about what we do is calculated risk. Working in risk management, it's taught me to really think and try to anticipate risk, just knowing that it's a given and that there are risks that you need to accept, and many of those risks produce meaningful outcomes, but they're also very calculated ... Most of the catastrophic events that occur, whether it's a very unfortunate patient injury, whether it's financial, consequence is because the risk wasn't anticipated. The only way that you can address it and mitigate it is to identify it and respond to it. That's why you really have to have a risk mindset in order to do that."