Your Health, Your Wealth
Dr. Eddie Patton
In Your Health, Your Wealth, renowned neurologist Dr. Eddie Patton exposes the hidden forces driving up medical costs for millions of Americans. From the fragmented healthcare infrastructure to hospital billing practices and pharmaceutical pricing, Dr. Patton provides an exhaustive examination of why the U.S. spends significantly more on healthcare than other nations.
"The US healthcare system emphasizes autonomy and choice for patients,” said Dr. Patton during episode one. "Accessibility is a key term that will be important in healthcare as we move forward."
Dr. Eddie Patton is a recipient of Texas Monthly Magazine's SuperDoctors®, Houstonia Magazine's Top Doctors awards, and was appointed by Texas Governor Greg Abbott to the Texas Council on Alzheimer's Disease and Related Disorders. These accolades, along with his decades of experience, make him the ideal host for a podcast like this.
The podcast is a must-listen for anyone grappling with skyrocketing premiums, outrageous medical bills, or lack of access to quality care. Dr. Patton encourages listeners to "Increase your mindset, health set, and heart set as it pertains to your health and the healthcare system.”
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Top 10 Your Health, Your Wealth Episodes
Goodpods has curated a list of the 10 best Your Health, Your Wealth episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Your Health, Your Wealth for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Your Health, Your Wealth episode by adding your comments to the episode page.
What Really Drives Your Medical Bills
Your Health, Your Wealth
07/15/24 • 27 min
How does the U.S. healthcare system impact your wallet?
Dr. Eddie Patton explores healthcare costs in the United States. Factors driving expenses include administrative costs, insurance networks, and pharmaceutical pricing. He compares U.S. healthcare expenditures to European Union countries. Dr. Patton discusses the patient-physician relationship's role in the system. Topics include health insurance, medical billing, prescription drug costs, and healthcare policy.
Your Health, Your Wealth aims to help listeners understand the complexities of healthcare economics. Dr. Patton provides insights on navigating the system as a patient and consumer. For more information on Dr. Patton's work, visit eddiepattonmd.com.
Five Conceptual Takeaways
1. The United States spends significantly more on healthcare compared to other countries, with administrative costs being a substantial contributor to this high expenditure.
2. The U.S. healthcare system is fragmented and complex, incorporating elements from various international healthcare models (e.g., UK's national healthcare, Germany's regulated non-profit insurers, Canada's government-financed private care).
3. A considerable portion of healthcare spending in the U.S. goes towards administrative tasks rather than direct patient care.
4. The cost of medications in the U.S. is influenced by a complex interplay of factors involving pharmaceutical companies, wholesalers, pharmacies, and pharmacy benefit managers (PBMs).
5. Investing in preventative care offers a potential solution for lowering healthcare expenditures while enhancing the quality of care.
Timestamped Overview
00:00 Enhancing healthcare accessibility for patients is crucial.
06:27 US healthcare spending needs better patient outcomes.
10:13 Healthcare costs tied to fragmentation, patient-physician relationship key.
14:13 Physician practice costs rise, pay decreases. Healthcare inflation.
18:02 8% of Americans lack health insurance, affecting care.
19:42 Healthcare cost dynamics, pharmaceutical industry drivers, explained.
25:11 Healthcare relationship key; administrative oversight complex issue.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
Cancer Screening and Prevention Tips You Need to Know
Your Health, Your Wealth
10/14/24 • 24 min
Why does a cancer diagnosis elicit such anxiety and fear?
Dr. Eddie Patton hosts Dr. Chadi Nabhan, a board-certified hematologist and oncologist, on Your Health, Your Wealth.
Dr. Nabhan shares insights from his book, The Cancer Journey, which explores the impact of a cancer diagnosis on patients and families. He discusses his approach to demystifying cancer and making information about the disease accessible. They delve into various aspects of cancer care, including diagnosis, treatment, and recovery.
Key Takeaways
- Cancer diagnosis elicits anxiety and fear; providing clear, digestible information and storytelling helps patients and their families better understand and cope with the disease.
- The period between diagnosis and the first oncology visit is anxiety-filled; preparing patients with questions to ask and ensuring they have support during that first visit can significantly ease their journey.
- Advancements in cancer therapy have transformed treatment outcomes, with many patients recovering. Understanding treatments and addressing the aftermath, including anxiety and survivor's remorse, are crucial for holistic care.
- Personal experiences and deep human connections often inspire physicians to enter and continue working passionately in the field of oncology, emphasizing the importance of empathy and patient care.
- Effective cancer prevention and screening are essential, albeit sometimes controversial, in detecting cancer early and improving outcomes. New advancements in screening methods show promise for the future.
These themes collectively highlight the importance of empathetic patient care, clear communication, and ongoing advancements in the medical field to improve cancer diagnosis, treatment, and recovery experiences.
Timestamped Overview
00:00 Simplifying cancer stories and advancements in treatment.
03:48 A guide for the cancer journey's challenges.
09:53 Her generosity and concern revealed human compassion.
11:10 Compassion in medicine is more important than science.
14:35 Guidance on managing oncology appointments and questions.
19:08 Understanding treatments, recovery, and managing survivor's remorse.
22:25 Cancer prevention and future screening blood tests.
23:57 Book dedicated to patients past and future.
Learn more about Dr. Chadi Nabhan's work HERE.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
The Economic and Social Impact of Dementia Caregiving
Your Health, Your Wealth
09/23/24 • 30 min
How can society better support dementia caregivers facing immense challenges?
In this episode, Dr. Eddie Patton and Dr. Dona Murphy discuss the limited treatment options and cultural influences on dementia care decisions. Dr. Patton emphasizes counseling caregivers and addressing the psychological toll. Dr. Murphy highlights the lack of culturally tailored resources through the Area Agency on Aging.
Support groups, including virtual sessions led by members of disproportionately impacted communities, serve as helpful resources. The hosts discuss the emotional and physical stress faced by caregivers, particularly women, and the impact on their health.
Dr. Murphy shares her personal experiences with family members affected by dementia, leading her to found Prognosus, a platform providing education, support, and community. Dr. Patton stresses involving family in diagnoses and the need for counseling, endorsing Prognosus' approach.
Key Takeaways
- Cultural factors significantly impact dementia diagnosis, treatment decisions, and family involvement in caregiving.
- Caregiving for loved ones with dementia can have a profound impact on the caregiver's own health and well-being, with gender disparities in caregiving roles.
- Caregivers need access to resources, support groups, and educational tools to prevent isolation and cope with the challenges of caring for someone with dementia.
- The financial burden of dementia care is significant, affecting both society and individual caregivers, who often have to make personal sacrifices to provide care.
- There is a lack of culturally specific resources for dementia caregivers, highlighting the importance of developing support systems and educational materials that consider diverse cultural backgrounds and socioeconomic factors.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
The Keys to Avoiding Diabetes and Alzheimer's Disease
Your Health, Your Wealth
10/28/24 • 15 min
Why is preventative care crucial for maintaining long-term health?
Dr. Eddie Patton emphasizes that simple daily habits like exercise and a balanced diet can help fend off serious diseases such as diabetes and Alzheimer's. By focusing on wellness and prevention, individuals can significantly reduce healthcare costs and improve overall health. This proactive approach to health can lead to a more fulfilling and disease-free life.
Key Takeaways
- Primary prevention involves taking proactive steps to prevent diseases before they occur. Simple lifestyle changes like anti-smoking initiatives, regular exercise, and a healthy diet can significantly lower the risk of developing serious conditions such as diabetes and cardiovascular disease.
- Early detection of pre-disease conditions like impaired glucose tolerance (prediabetes) can prevent the development of full-blown diseases. Engaging in regular physical activity and maintaining a balanced diet are practical steps that can avert the progress of these conditions.
- Alzheimer's disease can be influenced by metabolic syndrome factors like diabetes and cardiovascular health. Preventative strategies include improving glucose metabolism, reducing body inflammation, and adopting a Mediterranean diet, which has been shown to support better cognitive health.
- General health can be improved by focusing on regular exercise, mental well-being, balanced nutrition, and sufficient sleep. These strategies not only prevent chronic diseases but also promote overall health and well-being.
- Psychological health and adequate sleep are critical components of overall physical health. Managing stress through mindfulness, meditation, exercise, and ensuring good sleep hygiene contribute to both mental and physical rejuvenation, thereby reducing the risk of various health issues.
These themes underscore the importance of preventative care and holistic wellness in reducing the burden of chronic diseases, ultimately leading to better long-term health outcomes.
Timestamped Overview
00:00 Focus on wellness and prevention to save money.
04:56 Exercise, diet, and treatments prevent diabetes, Alzheimer's complications.
08:06 Recommend Mediterranean diet and physical exercise for Alzheimer's.
11:55 Address psychological health for overall physical well-being.
14:15 Good sleep, preventative measures improve health outcomes.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
5 Pillars to Improve Gut Health and Prevent Brain Diseases
Your Health, Your Wealth
11/25/24 • 21 min
How does improving your gut health affect brain function?
Dr. Partha Nandi, a distinguished gastroenterologist, explores this connection in his work and book, Heal Your Gut, Save Your Brain.
Inspired by a personal tragedy, Dr. Nandi and Dr. Patton dive into the gut-brain relationship, and they discuss the ways that gut health significantly impacts cognitive function. His approach to prevention and treatment includes five pillars aimed at fostering overall health.
Key Takeaways
1. The gut and brain are closely interconnected through pathways like the vagus nerve and the production of neurotransmitters. Personal experiences and scientific study reveal that gut health significantly impacts brain health and may play a role in neurological diseases like Alzheimer's and Parkinson's.
2. Chronic inflammation, often exacerbated by poor diet, stress, and lifestyle, leads to conditions like leaky gut syndrome. This allows harmful micro-particles to pass into the bloodstream, triggering systemic inflammation that can affect the brain and contribute to neurodegenerative diseases.
3. Preventative measures and holistic lifestyle changes are crucial in reducing the risk of cognitive diseases. Adopting a plant-based diet, incorporating regular physical activity, reducing stress through community and spirituality, and having a clear purpose in life can greatly improve gut and brain health.
4. Strong social connections and spiritual practices help mitigate chronic stress and inflammation. Historical studies and modern evidence indicate communities with close social ties and shared activities have better health outcomes, including reduced instances of cardiovascular and cognitive diseases.
Timestamped Overview
00:00 Nutrition's impact on brain health and diseases.
04:09 Gut-brain connection: constant communication via vagus nerve.
06:42 Purpose and nutrition sustain life and health.
09:57 Movement with purpose improves overall health.
14:40 Inflammation, stress, leaky gut impact brain health.
17:38 Inflammation breaks barriers, harming your body.
20:28 Simple recipes protect gut, benefit brain health.
Learn more about Dr. Nandi HERE.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
An Introduction to Your Health, Your Wealth
Your Health, Your Wealth
06/24/24 • 1 min
In Your Health, Your Wealth, renowned neurologist Dr. Eddie Patton exposes the hidden forces driving up medical costs for millions of Americans. From the fragmented healthcare infrastructure to hospital billing practices and pharmaceutical pricing, Dr. Patton provides an exhaustive examination of why the U.S. spends significantly more on healthcare than other nations.
"The US healthcare system emphasizes autonomy and choice for patients,” said Dr. Patton during episode one. "Accessibility is a key term that will be important in healthcare as we move forward."
Dr. Eddie Patton is a recipient of Texas Monthly Magazine's SuperDoctors®, Houstonia Magazine's Top Doctors awards, and was appointed by Texas Governor Greg Abbott to the Texas Council on Alzheimer's Disease and Related Disorders. These accolades, along with his decades of experience, make him the ideal host for a podcast like this.
The podcast is a must-listen for anyone grappling with skyrocketing premiums, outrageous medical bills, or lack of access to quality care. Dr. Patton encourages listeners to "Increase your mindset, health set, and heart set as it pertains to your health and the healthcare system.”
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
The Evolution of Health Insurance in America
Your Health, Your Wealth
07/29/24 • 45 min
How did Medicare and Medicaid come into existence?
Dr. Patton dives into the origins of Medicare and Medicaid, created through the Social Securities Amendment of 1965 during President Lyndon B. Johnson's administration. These programs aimed to provide government-funded healthcare for vulnerable populations.
Dr. Patton traces the evolution from Baylor Hospital's early health insurance plan to the establishment of Blue Cross Blue Shield. And he covers the rise of HMOs and PPOs in the 1980s and the resulting impact on the American healthcare landscape.
Learn more at eddiepattonmd.com.
Five Conceptual Takeaways
1. Understanding the historical context, from President Lyndon B. Johnson’s Social Security Amendments creating Medicare and Medicaid to the emergence of self-insured employer plans, HMOs, and PPOs, helps us grasp the development and complexities of the modern American healthcare system.
2. The rising costs of healthcare significantly impact individuals and families, with hospitals, insurance companies, and the pharmaceutical industry being major contributing factors. Patient autonomy, choice, and accessibility remain critical in mitigating these impacts.
3. When selecting a health insurance plan, it is essential to understand co-pays, deductibles, reimbursements, coverage for preferred doctors and facilities, and prescription drug policies. Quality customer service and additional perks like gym memberships or wellness programs can also influence the decision.
4. Both vertical and horizontal consolidation within the healthcare industry reduce competition and patient choice while enabling insurers and providers to control costs by owning more of the healthcare process. This consolidation can affect pricing and accessibility of care for patients.
5. HSAs provide important benefits like pre-tax contributions, reduction in taxable income, and flexibility in spending on healthcare-related expenses. However, understanding the limitations, such as use-it-or-lose-it policies and restrictions on non-healthcare expenditures, is crucial for maximizing these benefits.
Timestamped Overview
00:00 Industrial revolution led to workers' protection laws.
05:11 Compulsory health insurance in 1916-1919 and opposition.
09:45 In 1933, New York labeled plans insurance.
13:20 Medicaid and Medicare provide health care support.
16:18 ERISA plans are federal, require federal advocacy.
19:03 Health insurance plans evolving to provide care.
23:38 Healthcare consolidation reduces patient choice, impacts insurance.
26:20 Healthcare insurance pros and cons for employees.
28:06 Employers must offer insurance to full-time employees.
33:51 Health providers need timely insurance reimbursements.
35:03 Challenges in basic services and insurance plans.
37:48 Inquire about insurance coverage for emergencies.
42:20 Telemedicine offers convenient health insurance options.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
The Hidden Costs of Your Prescription Drugs
Your Health, Your Wealth
08/12/24 • 30 min
Is the price of your prescription drugs making you sick?
Dr. Eddie Patton examines pharmaceutical costs in the U.S. healthcare system. Today, we explore the surge in prescription drug spending from 1960 to 2020.
Dr. Patton discusses the distribution network's impact on pricing transparency, focusing on the role of wholesalers and Pharmacy Benefit Managers (PBMs). Topics include drug pricing, financial toxicity, healthcare policy, and patient access to medications. He highlights the need for legislative changes and increased transparency in the pharmaceutical industry, and he provides insights on navigating the complex world of prescription drug costs.
Your Health, Your Wealth aims to help listeners understand the economics of healthcare and make informed decisions. For more information, visit eddiepattonmd.com.
Five Conceptual Takeaways
1. The significant issue of high drug costs impacts overall healthcare spending and affects patient access to necessary medications.
2. Pharmaceutical companies, as for-profit entities, need to recover the costs associated with research and development.
3. The pharmaceutical market in the United States is controlled by a few major wholesalers, which limits competition and can lead to pricing issues.
4. PBMs play a critical role in negotiating rebates and discounts with drug manufacturers.
5. There is a necessity for legislative changes and early discussions regarding the economic impact of medications on patients when choosing health plans.
Timestamped Overview
00:00 Doctor Eddie Patton discusses healthcare system complexities.
04:00 Rising prescription drug costs require urgent action.
08:28 Complexity of pharmaceutical drug pricing and flow.
11:44 Consolidation of wholesalers affects drug pricing, formularies.
17:59 New SMA medications improve kids' lives significantly.
19:15 Limited drug options lead to higher prices.
23:17 Cost of medications impact patient's health.
25:54 High drug costs lead to financial burden.
29:30 Addressing healthcare issues at micro and macro levels.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
Innovative Approaches to Mental Health Care Accessibility
Your Health, Your Wealth
08/26/24 • 35 min
How can faith communities help address the mental health crisis?
Dr. Eddie Patton and Matt Stanford discuss the lack of access to mental health care in America. They highlight the impact of untreated mental illness on individuals and society. Stanford notes that many people turn to clergy first for help. The speakers address the stigma surrounding mental health and the need for improved access to care.
The Hope and Healing Institute trains faith communities to serve as gateways to the mental health system. It offers free treatment, support groups, and connections to vetted providers. The goal is to provide novel approaches to getting people into care quickly.
Key Takeaways
1. Serious mental illnesses like schizophrenia and bipolar disorder have a strong biological component and can cause neurodegenerative effects on the brain, requiring a combination of medication and therapeutic interventions for effective management.
2. Many individuals with mental health problems do not receive adequate treatment due to a shortage of mental health professionals, limited insurance coverage, and socioeconomic disparities, leading to the use of emergency rooms as de facto mental health clinics and the criminalization of mental illness.
3. Delays in seeking treatment for mental health issues can have severe consequences, highlighting the need for early intervention, increased awareness, and comprehensive care that includes both pharmacological and psychotherapeutic approaches.
4. The rise of social media has contributed to a decline in mental health among younger individuals, leading to increased rates of depression, anxiety, and suicide, as well as a diminished ability to form supportive relationships and connections.
5. Stigma, shame, and cultural factors can prevent individuals from seeking mental health care, emphasizing the importance of addressing these barriers through education, awareness, and culturally sensitive approaches to mental health treatment.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
How to Avoid Health Expense Landmines
Your Health, Your Wealth
09/09/24 • 27 min
How should you plan for healthcare costs in light of your personal financial situation?
Dr. Patton delves into healthcare expenses and personal finance. Important considerations include age, chronic conditions, and family size. He emphasizes the role of budgeting and forward planning to manage healthcare costs.
Key topics Dr. Patton addresses include the impact of the Affordable Care Act, Medicaid expansion, and the prevalence of medical debt. He highlights a 2024 report showing 15 million Americans carry medical bills on their credit reports. Additionally, strategies like establishing a quick access fund and utilizing Flexible Spending Accounts (FSAs) are discussed. Dr. Patton underscores the importance of understanding your overall health to avoid financial toxicity.
To learn more, visit Dr. Patton’s website, eddiepattonmd.com.
Five Conceptual Takeaways
1. Planning for healthcare expenses is crucial, and it should be an integral part of your overall financial budgeting. This includes considering factors like chronic conditions, age, family status, and future health needs.
2. The ACA aims to reduce the uninsured rate, expand Medicaid, and make healthcare more affordable. These measures help decrease personal financial risk associated with medical expenses, especially for low-income populations.
3. Medical debt significantly impacts personal finances, with many Americans facing outstanding medical bills. Understanding and managing this debt, along with credit reporting changes from agencies like Equifax, Experian, and TransUnion, can alleviate some financial stress.
4. Establishing an emergency fund or quick access fund is essential for covering unexpected healthcare costs without resorting to debt. This fund should be readily accessible and kept in an interest-earning account.
5. Utilizing HSAs and FSAs can provide tax advantages and help manage out-of-pocket medical expenses. These accounts allow you to plan ahead and save for healthcare costs in a tax-efficient manner.
Timestamped Overview
00:00 Plan ahead for healthcare costs in personal finance.
05:54 Credit agencies modify medical debt reporting policies.
11:15 Emergency fund: easily accessible money for unexpected expenses.
14:37 Avoid locking funds in inaccessible vehicles, replenish.
18:28 Use FSA for healthcare expenses, save on taxes.
19:55 Financial toxicity in healthcare due to high costs.
24:21 Understand and plan for your health expenses.
26:18 Plan ahead to reduce healthcare financial burden.
Learn more about Dr. Eddie Patton HERE.
Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.
See omnystudio.com/listener for privacy information.
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FAQ
How many episodes does Your Health, Your Wealth have?
Your Health, Your Wealth currently has 11 episodes available.
What topics does Your Health, Your Wealth cover?
The podcast is about Health & Fitness, Medicine, Podcasts and Business.
What is the most popular episode on Your Health, Your Wealth?
The episode title 'An Introduction to Your Health, Your Wealth' is the most popular.
What is the average episode length on Your Health, Your Wealth?
The average episode length on Your Health, Your Wealth is 27 minutes.
How often are episodes of Your Health, Your Wealth released?
Episodes of Your Health, Your Wealth are typically released every 14 days.
When was the first episode of Your Health, Your Wealth?
The first episode of Your Health, Your Wealth was released on Jun 24, 2024.
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