OUT AMAZON PLANS TO TAKE ITS
A.I. ASSISTANTS EVERYWHERE YOU
GO AND TRAVEL.
THE LARGEST PRIVATELY OWNED
HOSPITAL OPERATOR IN THE
COUNTRY.
THE FOUNDER, CHAIRMAN AND CEO
STUART HEALTH CARE SYSTEMS.
DR. ROB DILATORY, GOOD TO SEE
YOU AGAIN.
COMPANY HAS TRIPLED IN SIZE JUST
SINCE THE LAST TIME YOU JOINED
US ON THE SHOW.
>> WELL, THANK YOU I THINK.
IT'S GOING WELL.
I THINK WE'VE SET SOME VERY,
VERY IMPORTANT TARGETS FOR US TO
WOULD TAKE THE REST OF THE TEAM
TO DO THE REST OF OUR
ACROSS THE U.S.
THE LOW-HANGING FRUIT HAS BEEN
DONE.
ARE THERE OTHER HOSPITALS THAT
NEED TO SCALE TO BEST COMPETE?
>> IN THE HORIZONTAL THERE'S
MORE CONSOLIDATION, ESPECIALLY
VERTICAL.
THEY REALLY TAKE CARE THE
PATIENT ACROSS THE ENTIRE HEALTH
CARE VERTICAL.
MARIA: WHAT DOES THAT GIVE YOU,
BEING A BETTER HOSPITAL GROUP?
YOU'VE GOT THE SCALE AND I GUESS
YOU CAN HAVE MUCH BETTER
EFFICIENCY, BUT WHAT ARE THE
BETTER POSITIVES FROM A
PATIENT'S STANDPOINT?
>> THE REAL POSITIVES COMING
VERTICAL INTEGRATION.
WE IN BUSINESS THINK OF
HORIZONTALS.
THERE'S POSITIONED COMPANIES,
INSURANCE COMPANIES.
PATIENTS DON'T CONSUME HEALTH
CARE THAT WAY.
I'VE BEEN ON THE VERTICAL SPIT
THE PATIENT DOESN'T LIVE IN A
HOSTILE WORLD OR IN THE PAPER
WORLD.
WHAT YOU ARE STARTING TO SEE NOW
IS ACKNOWLEDGMENT FOR US TO BE A
SERVICE INDUSTRY THE WAY THEY
SHOULD BE FOR PATIENTS, WERE TO
CONSOLIDATE VERTICALLY.
ADMINISTRATION.
OBAMA CARRIES NOW PROPOSING TO
REDUCE REGULATIONS ON SMALL
BUSINESSES THAT TEAM UP TO BUY
INSURANCE THROUGH ASSOCIATION
HEALTH PLANS.
YOU ALSO HAVE THE INDIVIDUAL
MANDATE BEING ELIMINATED IN THE
LATEST TAX PLAN, WHICH OF COURSE
IS SIGNED INTO LAW.
UNDERSTAND IS WE NEED TO REFORM
HEALTH CARE.
WE DON'T NEED TO CHANGE THE WAY
WE PAY FOR.
WE FUNDAMENTALLY AGREE IF WE
HAVE THE PROBLEMS WE WOULD HAVE
HEALTH CARE.
I SAID SHE NEEDED TREATED AS A
BUSINESS VENTURE.
FOR EXAMPLE, THE WAY IT NEEDS TO
WITH THE BENEFIT TO PATIENTS AND
CUTS DOWN AND EFFICIENCIES OF
ONE SECTOR TO ANOTHER.
AFTER THAT WE NEED A SOCIETY TO
FIGURE OUT THE RIGHT AMOUNT OF
HEALTH CARE.
NOW WE KNOW THE COST ABOUT THE
RIGHT AMOUNT OF HEALTH CARE.
AFTER WE'VE GONE THROUGH THE
EXERCISE TO FIGURE OUT WHO PAYS
FOR IT AND HOW.
WE JUMP TO THE LAST STEP AND SET
OURSELVES UP FOR A FINANCIAL
DISASTER.
TRAIN TO THE INDIVIDUAL MANDATE
SEEMS TO BE A GOOD THING FOR
PEOPLE.
THEY DON'T HAVE THAT ALLEVIATION
ANYMORE.
IS THAT WRONG?
>> IT DEPENDS FROM THE SHORT
TIME YES IT DOES AFFECT YOU FOR
PATIENTS AND SMALL BUSINESSES.
AT THE END OF THE DAY, ANY
HEALTH CARE PATIENTS DON'T GET,
ANY CARE THAT ISN'T GIVEN TO
THEM, WE END UP PAYING FOR IT
LATER.
PEOPLE FORGET THE MAJORITY OF
HEALTH CARE THROUGH MEDICARE AND
MEDICAID THAT WOULD NEED TO BE
COGNIZANT OF THAT.
IT'S ALSO VERY DESTABILIZING.
EVERYONE TALKS ABOUT WELD, THE
THE SICK.
YOU HAVE TO.
I DON'T THINK ANYBODY WANTS TO
DO.
OR IT STINGS US AS TAXPAYERS.
MARIA: WHY ARE WE SEEING A
SITUATION WHERE PEOPLE DIDN'T
WANT TO FOLLOW THE COST OF
INSURANCE.
THEY MAKE YOUR EXACTLY RIGHT.
HE COMES BACK TO STEP THREE,
WHICH IS WE AS A SOCIETY NEED TO
FIND THE RIGHT AMOUNT OF HEALTH
CARE AND TACKLE IT.
IT'S IMPORTANT WE COME TO THIS
DECISION DOES A SOCIETY.
PEOPLE OPT ON IT DESTABILIZES
MORNING.
CELGENE ACQUIRING A BLOOD
THE FUTURE OF HEALTH CARE IN THE
UNITED STATES CHANGING AS A
RESULT OF SOME OF THESE
ACQUISITIONS WE FEED.
>> THOSE ARE IMPORTANT
ACQUISITIONS IN FURTHERING
HEALTH CARE INNOVATION IS
CRUCIAL.
BUT THAT'S NOT WHERE THE
LOW-HANGING FRUIT IS PRETTY
PRENATAL CARE, MAKING SURE WE
ARE EFFICIENT TO LOW COST FOR
EVERYTHING WE DO FROM HEART
AND I THINK WE AS A SOCIETY ARE
FASCINATED WITH THE GRAMMAR
COULD LOOK AT LAST NIGHT'S RED
CARPET.
THAT IS NOT WHERE THE IMPACT IS
IN THE NEXT FIVE TO 10 YEARS.
MARIA: WHAT DO YOU SEE DRIVING
HEALTH CARE?
WE ARE LIVING LONGER.
LIVE LONGER AND LONGER.
WHAT IS DRIVING YOUR BUSINESS
RIGHT NOW?
>> WAS ACTUALLY DRIVING IN
SECTOR IS THE REALIZATION THAT
PATIENTS AT THE CENTER.
FOR A LONG TIME WE'VE BEEN
CATERING TO EMPLOYERS AND
BUSINESSES AND GOVERNMENT DID
DOCTORS AND NURSES.
NOW WE ARE ALL COMING TO THE
CONCLUSION THAT THE PATIENT IS
AT THE CENTER AND WE NEED TO
RESTRUCTURE AND REORGANIZE
HEALTH CARE FOR THE BENEFIT OF
OUR PATIENTS.
MARIA: YOU'D THINK THE PATIENT
IS AT THE CENTER IN TERMS OF
DRIVING BUSINESS, THE BOTTOM
LINE, WHAT IS THAT?
OF ENCOUNTERS.
MARIA: ARE THEY CHANGING THE WAY
THEY LIVE AS A RESULT OF THAT?
>> REMEMBER, WE ARE A SOCIETY
THAT WANTS TO BELIEVE YOU CAN DO
ANYTHING YOU WANT, PLEASE LIST
THE WAY YOU DO AND AT THE END OF
THE DAY SOMEONE WILL PUT THE
PIECES BACK TOGETHER.
THE LATER GENERATIONS ARE
STARTING TO UNDERSTAND THAT'S
NOT THE CASE.
TRAINED TO YOU PREVIOUSLY WERE
CARDIAC SURGERY AT ISRAEL
METHODIST CENTER, WHAT CAN YOU
TELL US ABOUT CARDIOLOGY.
HEART DISEASE IS STILL THE
NUMBER ONE KILLER.
>> ACTUALLY IT'S COME A LONG
WAY.
IF YOU LOOK AT PHARMACEUTICALS
TWO DECADES.
EVERYTHING FROM THE LIPITOR, IS
NOT AND I THINK WE'LL CONTINUE
TO MAKE PROGRESS.
AT THE END OF THE DAY,
CARDIOLOGY, CARDIAC CARE COMES
FROM PREVENTION, WELLNESS
COMMITTEE INCORRECTLY CAN MAKE
KEEPING YOU UP IF YOU UP AT THE
WILL CONTINUE DO MAKE DRAMATIC
STEPS.
TRAIN TO THE MAPPING OF THE
DISEASE.
THEN WE CHANGED OUR BEHAVIORS.
MARIA: WITHOUT A LOT OF THOSE
THINGS.
KNOWING THEM AND UNDERSTANDING
THEM IN DOING SOMETHING ABOUT IT
AS A SOCIETY ARE VERY DIFFERENT.