Essential Rational Healthcare Economics: Past, Present and Future


K. J. Lee, MD – Founder, The Patient Is U Foundation, CT, USA; Former Associate Clinical Professor, Yale School of Medicine
Mark E. Lee, MBA – Halo Media Group, California, USA

Series: KJ Lee Essential Medicine Series
BISAC: MED000000; BUS070170

KJ Lee’s latest edition of the Essential Medicine book series aims to provide exactly what our understanding of America’s Healthcare Economics has been lacking: perspective.  

 The burden of fixing America’s Healthcare economy should not be shouldered by economists alone. Healthcare providers and their patients should have a seat at the table, or they will be the ones left to continue to finance this trillion-dollar (and growing) quandary. 

 With insightful and provocative chapters written by a diverse collection of world renown physicians and nurses, veterans of hospital administrations, business leaders of the nation’s most successful group practices, and more, Essential Rational Healthcare Economics: Past, Present, and Future takes a much-needed scientific approach to the difficulties with the current state of Healthcare Economics. This book provides primary evidence from multiple sources, introduces critical analysis from industry experts, compares findings with international standards and best practices, and culminates with a summary of discussion and a recommendation – perhaps even a warning – for the future. 

 Today is the last chance to save tomorrow. 

**Order the printed version and SAVE 50% on the e-book with Print+eBook**

Table of Contents

Mark E. Lee, MBA¹ and KJ Lee, MD²
¹Halo Media Group, California, USA
² Founder, The Patient Is U Foundation, CT, USA; Former Associate Clinical Professor, Yale School of Medicine

KJ Lee. Past Experiences
Kimberly Chan, MD
Pennsylvania State University College of Medicine, Pennsylvania, USA

Chapter 1. The Patient Experience
Patricia Carroll, RN, NPD-BC, RRT, MS
Owner, Educational Medical Consultants, LLC, Patient Advocate and Leader

Chapter 2. The Patient Experience: A Starting Point for Better Healthcare
David Melon, MD
Carolina Ear, Nose & Throat. Sinus and Allergy Center PA, Hickory, NC, USA; Adjunct Assistant Professor, Department of Otolaryngology, UNC School of Medicine, USA

Chapter 3. Towards Truly Patient-Centric Care? Forces & Trends Shaping the Future of Healthcare
Elbert J. Mets, MD, Kunal Potnis, BS, Jaime Gerber, MD, and Sandip K. Mukherjee, MD
Department of Internal Medicine (Cardiovascular Medicine), Yale School of Medicine, New Haven, CT, USA Yale School of Medicine, New Haven, CT, USA

Chapter 4. Patient Experience. Nursing Homes and Home Care
Stephanie Paulmeno, DNP, MS, RN, NHA, CPH, CCM, CDP
CEO: Global Health Systems Consultants, LLC

Chapter 5. Physician Wellness and Well-being
Annette Pham, MD
Private Practice, Rockville, MD; 2nd VP and Treasurer, The Centers for Advanced ENT Care (CAdENT); Managing Partner, Metro ENT & Facial Plastic Surgery Division of CAdENT

Chapter 6. A Symbiotic Relationship: Happy Patient, Happy Physician. Healthy Physician, Healthy Patient
Anju Patel, MD
Medical Consultant, Mytonomy

Chapter 7. A Nurse’s Perspective on the Past, Present, and Future of Nursing
Diane Nunzianto, RN, MSHA, MSN, CPHQ
Board Member, The Patient is U Foundation, Inc

Chapter 8A. Caveat on Artificial Intelligence in Medicine
Mark E. Lee, MBA
Halo Media Group, California, USA

Chapter 8B. AI and Information Technology, Pros, Cons and Opportunities
Anju Patel¹, MD, Alex Jin², Mark E. Lee³, MBA, KJ Lee⁴, MD
¹Medical Consultant, Mytonomy
²The Patient Is U Foundation, CT, USA
³Halo Media Group, California, USA
⁴ Founder, The Patient Is U Foundation, CT, USA; Former Associate Clinical Professor, Yale School of Medicine

Chapter 9. Social Media in Medicine
Kathy Bach, MD
University of Wisconsin School of Medicine and Public Health, Madison, WI, USA

Chapter 10. The Next 30 Years of Your Career!
Jason Moche1, MD, Neil Prufer, MD, Sujana Chandrasekhar, MD, Hollin Calloway, MD, Amy Lazar, MD, Jason Campbell, Robert Glazer, MPA, John Catanzaro, David Zeman, MBA
ENT and Allergy Associates, LLP

Chapter 11. Private, Academic, Hospital Owned Practice
Mark Marieb, MD
Griffin Hospital, Derby, CT, USA

Chapter 12. Wellness and Leadership in Academic Medical Practice
Ashley Kita, MD, Vishad Nabili, MD, Irene Kim, MD, and Maie St. John, MD

Chapter 13. The Future Academic Practice in Otolaryngology. Senior Level
Tuleen Sawaf, BS, Bryan Renslo, BS, Celina G. Virgen, MD, MPH, Alexander G. Chiu, MD

Chapter 14. Academic Practice. Mid-Career Crisis or Opportunity
Maria Suurna, MD, Michael Holliday, MD, and Naresh Punjabi, MD

Chapter 15. Academic Practice. Junior Level
Nikita Kohli, MD and Taher Valika, MD

Chapter 16. Pros and Cons of a Solo Private Otolaryngology Practice
Raymond Soletic, MD and Michael Setzen, MD

Chapter 17. Looking Back at Private Practice
Steven Levine, MD and Fiona Wang, MBA

Chapter 18. The Future of the Independent Practice:  Considerations for Mid-Size Practices in Otolaryngology 
Gavin Setzen, MD, Drew Franklin, MBA, FACMPE, James Benson, MS and Sean A. Setzen, BA

Chapter 19. Private Practice Physician Service Agreement with Hospital
Pablo Stolovitzky¹, MD and Cassie Ponder²
¹CEO ENT of Georgia North
²COO, ENT of Georgia North

Chapter 20. Midsize Single Specialty Private Practice. Another Perspective
Mark A. D’Agostino, MD
Southern New England Ear, Nose, Throat and Facial Plastic Surgery Group, USA

Chapter 21. Large Single Specialty Private Practice
Jason Campbell, Robert Glazer, MPA, and David Zeman, MBA
ENT and Allergy Associates, LLP

Chapter 22. From Small to Large Primary Care Private Practice
Joseph Balsamo¹, ², MD
¹Partner, Pact Medical Group
²Assistant Professor of Clinical Medicine, Netter School of Medicine, Quinnipiac University

Chapter 23. Private Equity Practice…Pros and Cons
Kira Payman, David Zeman, MBA, Robert Glazer, MPA, Todd Blum, Ph.D., MHA, MBA, CMPE, Hector Torres, JD, MBA, and Michael Komendowski, MS

Chapter 24. Evolving and Precision Hospital Management
Richard D’Aquila¹ BA, MPH and Marie Helene Gratton, MBA, MPH, BCom
¹Destination Health Systems; Immediate Past President of Yale-New Haven Hospital

Chapter 25. The Economics of Hospitals and Health Systems
John Rodis, MD
Immediate Past President, Saint Francis Hospital and Medical Center, Hartford, CT, USA; Professor of Obstetrics and Gynecology, The Frank H. Netter MD School of Medicine at Quinnipiac University, USA; President, Arista Health, LLC

Chapter 26. Ambulatory Surgery Centers Deliver Safe, High-Quality, High-Value Healthcare
William Prentice, BA, MPA, JD
Chief Executive Officer of the Ambulatory Surgery Center Association and ASCA Foundation

Chapter 27. Understanding Commercial and Government Insurance
John Colebaugh, MHA
Consultant, Healthcare Executives

Chapter 28. Developing a Real Estate Strategy to Enhance a Health System’s Financial Position
Jeffrey H. Cooper, JD, AB
Former Executive Managing Director, Savills Studley’s Healthcare Capital Markets Group

Chapter 29. Value Based Healthcare
Willard C. Harrill, MD, Charles R. Woodard, MD, and Jim Gera, MBA

Chapter 30. Impact of Practice Guidelines on Healthcare Economics
Josephine Nguyen, MD, Mark E. Lee, MBA, and KJ Lee, MD

Chapter 31. Current Healthcare Environment and Payment Systems in United States
Margaret I. Chustecki, M.D., MBA, Caroline Chustecki, and Kimberly Chan, MD

Chapter 32. Australia Health Care System
Thomas E. Havas, MD
Chairman Department of Otolaryngology Head and Neck Surgery, Prince of Wales and Sydney Hospitals, Professor Otolaryngology Head and Neck Surgery University of New South Wales, Sydney Australia

Chapter 33. Canadian Healthcare System
Yvonne Chan, MD
Pennsylvania State University College of Medicine, PA, USA

Chapter 34. The Chinese Healthcare System
Derek Jin, Michael Crain, MD, and Stephanie Paulmeno, DNP

Chapter 35. Finnish Healthcare System
Riitta Saarinen, MD, PhD and Dennis Poe, MD

Chapter 36. The German Healthcare System
Karl Hoermann, MD
Professor of Otolaryngology-Head & Neck Surgery, University Hospital Mannheim, Germany; President EASM & DGD

Chapter 37. Malaysia Healthcare System
Saim Lokman, MD
KPJ Healthcare University College, Malaysia

Chapter 38. Design & Economics for Singapore’s Health System: Past, Present & Future
Clive Tan, MBBS, MPH, FAMS, Yik Ying Teo, DPhil, MSC, BSc, and Eugene Fidelis Soh, MBBS, MPH

Chapter 39. Taiwan Healthcare System
Sheng Po Hao, MD and Rong-Dar Wu

Chapter 40. United Kingdom Healthcare System
Vyas Prasad, MD and Rebecca Heywood, MD

Chapter 41. EMBRACE: Comprehensive Transformation of the American Health Care System
Gilead I Lancaster, MD and Joseph P. Drozda, Jr, MD

Chapter 42. Healthcare Ethics from a Private Practice Viewpoint
Puxiao Cen, MD
Assistant Professor, University of Central Florida College of Medicine, USA

Chapter 43. Medical Ethics from an Academic Viewpoint
Richard Holt, MD
Professor Emeritus, Department of Otolaryngology-Head and Neck Surgery, The Center for Medical Humanities and Ethics, The University of Texas Health Science Center at San Antonio, USA

Chapter 44. Definition of Value in Healthcare
Joseph Balsamo, MD, Pat Carroll, RN, NPD-BC, RRT, MS, Joseph P. Drozda, Jr, MD, Jaime Gerber, MD, Willard C. Harrill, MD, Ashley E. Kita, MD, Gilead I. Lancaster, MD, Steven Levine, MD, John Rodis, MD, Raymond Soletic, MD, and Taher Valika, MD

Chapter 45. Analysis of the Above Chapters
Joseph Balsamo, MD, Margaret I. Chustecki, MD, MB, John Colebaugh, MHA, Ellis “Mac” Knight MD, MBA, KJ Lee, MD, Fiona Wang, MBA
Mark E. Lee, MBA

Chapter 46. The Future:  Essential Physician Hybrid Payment System
KJ Lee, MD¹ and Mark E. Lee, MBA²
¹ Founder, The Patient Is U Foundation, CT, USA; Former Associate Clinical Professor, Yale School of Medicine
²Halo Media Group, California, USA


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