Dr. Josh Luke Ph.D. | Health – Wealth 9 Steps to Financial Recovery

Topics:

• Misaligned Incentives
• Engaged Healthcare Consumer
• Price Transparency
• Center of Excellence
• Local Healthcare Tourism
• Integrative Medicine
• Cost Savings

In this episode, Michael introduces you to Dr. Josh Luke, a veteran hospital CEO and award-winning healthcare futurist, public speaker, and author. Join us as we discuss Dr. Luke’s newest book, Health – Wealth 9 Steps to Financial Recovery where he outlines specific steps employers can take to proactively control their healthcare costs.

Here’s a glance at what we discuss in this episode:

• Dr. Luke’s unique professional experience and what lead him to a career in healthcare
• Why Dr. Luke was motivated to author Health – Wealth 9 Steps to Financial Recovery
• Why the healthcare delivery system is broken and as a result costs continue to rise
• A high-level overview of the content in Health – Wealth 9 Steps to Financial Recovery
• Dr. Luke provides examples of how capitalism plays a key role in the bankrupting of our healthcare delivery system
• How the 1986 Emergency Medical Treatment and Active Labor Act (EMTALA), has impacted utilization in hospitals
• Examples of how the healthcare delivery system is designed to provide care that may not be necessary or beneficial to the patient
• How the saying “don’t worry your insurance will pay for it” has lead to employee lack of ownership of healthcare decisions and spending
• The disconnect between consumers and understanding how healthcare is purchased and why employers and employees need to become engaged healthcare consumers
• Dr. Luke’s 9 Steps to Financial Recovery for an employer
• Why American businesses are complacent with the status quo
• How innovative strategies such as Centers of Excellence align incentives to drive employees to a higher quality of care while lowering healthcare costs
• Examples of corporate health-wealth approaches ranging from rewarding long-term employees with full genome testing to promoting integrative medicine
• Additional resources on Linkedin at Health – Wealth: Employer Forum on Reducing Healthcare Spending, or visit: https://www.health-wealth.com/, or Text JOSH to 72000 to receive updates via text

About the Host, Michael Menerey

Michael Menerey is a Senior Vice President and Benefits Consultant with one of the largest Employee Benefits Brokerage & Consulting firms in the country. He is a partner in the Employee Benefits Practice and works in the Los Angeles office.