Transcript
A (0:00)
This is Scott Becker with the Becker Business podcast and the Becker Private Equity Podcast. Today's discussion is is the healthcare apocalypse here? So here's the issue is I try and schedule appointments both for my colonoscopy and my primary care physical as I work to do so. What I find fascinating is when calling the office to schedule my colonoscopy, the next available one was June of next year. When calling primary care physician I've been with for 30 years, I think literally, again, the next available primary care appointment to see that doctor, who I often see, I've seen for 30 years, is next August. Now, the reality is I know both doctors well, the gastroenterologist and the primary care doctor, so I won't wait that long. I was able to message them directly and get into one of the gifts in their schedules. But the point being that if the reality of the wait time for a primary care physical is six to eight to 10 months, if the wait time for a colonoscopy is also the same or longer, this is a great sign that we're on the verge of serious, serious trouble. And I'll tell you why. On top of everything else, during COVID a lot of colonoscopies weren't done. A lot of screening was done. And what people found was that when they were discovered to have cancer, they were far worse shape than they had anticipated. So that was a disaster for, for a lot of people. Similar with physicals, physicals are just a great check in. Am I eating okay? Is my cholesterol bad? Is the heart the blood pressure okay? Is the oxygen okay? All those things that we let get away from us, we don't check in regularly and deal with regularly. Again, I was to an extent able to deal with this even though I'd already been delayed on these a great deal by finally, you know, giving up and messaging the doctors to get in earlier and was able to do that. But that's not a larger answer to a systemic problem of how short we are on supply and demand of physicians and health care providers. I see this. The supply demand thing is getting way more out of whack. People think prevention technology may solve it. I don't think so. At least not near term. I do think we're in for a rude awakening over the next several years. As you already see the pot start to boil. Thank you for listening to this special edition of the Becker Business and the Becker Private Equity Podcast. The thank you very much for joining us.
