
In this episode of the Digital Health Heavyweights podcast, Norm Volsky interviews Pramod John, CEO of VIVIO, who discusses his journey from technology to healthcare, the inefficiencies of the current healthcare system, and the mission of VIVIO to provide data-driven solutions that improve patient outcomes while reducing costs. Pramod emphasizes the need to rethink the role of pharmacy benefit managers (PBMs) and advocates for a healthcare model that prioritizes transparency and efficiency. He shares insights on the importance of data in healthcare decision-making and the responsibility of leaders to act in the best interests of patients and the healthcare system.
Takeaways
💡 Pramod John transitioned from tech to healthcare to address large-scale problems.
💰 The U.S. spends almost as much on healthcare as the rest of the world combined.
🕵️♂️ Healthcare inefficiencies are likened to a 'mobbed up' industry.
🚫💊 VIVIO aims to eliminate the need for PBMs in healthcare.
📊 Data is crucial for determining the right drug for the right patient.
🏥 Healthcare should be treated as a public trust, not a public trust fund.
🎯 The right drug for the right person at the right price is VIVIO's mission.
⚠️ Incentives in healthcare often lead to poor decision-making.
❌📦 The PBM model is unnecessary and should be replaced.
🧑⚕️💬 Healthcare leaders have a social responsibility to act in the best interests of patients.
Chapters
00:00 Introduction to Pramod John and VIVIO
02:05 The Shift from Tech to Healthcare
04:13 Understanding Healthcare Expenditures
07:03 Founding Oration and Lessons Learned
15:07 Building Teams and Managing People
18:02 The Mission of VIVIO
23:01 Data-Driven Healthcare Solutions
26:56 Challenging the PBM Model
31:00 The Case Against PBMs
36:10 Incentives and Accountability in Healthcare
39:34 The PBM Tax and Its Impact
39:44 Using Data for Effective Drug Management
45:17 Personal Health Practices and Insights
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