This week, Dan Diamond, Rivka Friedman, and Rob Lazerow debate whether Silicon Valley is really equipped to heal health care, and explain why "private exchanges" might be more important than the Affordable Care Act's marketplaces. And as always, they close the show by sharing their Electives.
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Below, we've listed links to some of the stories and resources discussed on this week's show.
Can Silicon Valley really 'heal' health care? (Starts at 1:35.)
Dan discussed why venture capital investments in health care are on the rise, and shared a theory from investor Marc Andreessen of a16z.
In the Wall Street Journal, Melinda Beck wrote about the slew of startups aspiring to be the "Uber of health care." Meanwhile, Uber itself has been experimenting with models of delivering care.
New telemedicine services like American Well are trying to connect patients and doctors through iPhones and other devices. Meanwhile, Apple Watch may have helped save a man's life.
Dan was skeptical of some of Silicon Valley's big bets on health care. In "The New New Thing," Michael Lewis wrote about the creation of Healtheon, which at one time was a $1 billion company—and which was built around the too-simple idea of the "Magic Diamond." Dan thought one investor's story in "The End of Medicine" illuminated some of Silicon Valley's flaws, but was bullish on a digital therapeutics company called Omada Health.
Meanwhile, Oscar Health is a much-hyped new insurance company that's starting to expand nationwide.
There's more than just venture capital flowing into health care: Wall Street investors like Larry Robbins are buying billions of dollars worth of health care stocks.
Both Rob and Rivka discussed the "niche-ification" of health care, as providers become more specialized.
The future of private exchanges. (Starts at 25:00.)
As many as 40 million people are projected to shop on private insurance exchanges within the next three years. Sears was one of the first big companies to shift its workers to a private exchange.
Rob wrote about how health insurance is increasingly becoming a retail market.
What hospitals need to know about private exchanges.
This week's Electives. (Starts at 32:35.)
Rivka Friedman, Practice Manager
Rivka talked about a new workout that she spotted in the New York Times "Well" blog: The 10-20-30 training method, which the Times (and Rivka) promise is both intense and fun.
Rob Lazerow, Practice Manager
Rob talked about a video clip—from the 1950s—that tried to predict "the hospital of the future," even as hospitals are on the verge of another major evolution today.
Dan Diamond, Executive Editor
Dan shared how the music of John Williams—which is clearly inspired by other composers—made him think about the nature of genius.
The Weekly Briefing is produced by Bill Coughlan and Derrick Owusu this week.
Next in the Daily Briefing
The Weekly Briefing, Episode 11: The Profit Conundrum