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To learn 13 00:00:30,649 --> 00:00:32,929 more, visit carecredit.com 14 00:00:32,929 --> 00:00:34,309 forward slash beckerspodcast. 15 00:00:35,649 --> 00:00:37,729 This is Gracelyn Keller with the Becker's Healthcare 16 00:00:37,729 --> 00:00:39,649 Podcast, and we are live at the twenty 17 00:00:39,649 --> 00:00:42,869 second annual Spine Orthopedic and Pain Management Conference. 18 00:00:43,164 --> 00:00:45,885 I'm currently joined by doctor Earl Kilbride, who 19 00:00:45,885 --> 00:00:48,865 is an orthopedic surgeon at the Austin Orthopedic 20 00:00:48,925 --> 00:00:51,565 Institute. So, doctor Kilbride, thanks for being here. 21 00:00:51,885 --> 00:00:53,565 Let's start off by having you share a 22 00:00:53,565 --> 00:00:55,245 little bit about yourself, your role in your 23 00:00:55,245 --> 00:00:57,984 organization. Sure. My name is Earl Kilbride, MD. 24 00:00:58,160 --> 00:01:00,560 I've been an orthopedic surgeon in Austin, Texas 25 00:01:00,560 --> 00:01:02,100 since 02/2002. 26 00:01:02,320 --> 00:01:04,340 I'm fellowship trained in sports medicine. 27 00:01:04,719 --> 00:01:07,380 My practice consists of about a third trauma, 28 00:01:07,439 --> 00:01:09,200 which I do in a hospital, a third 29 00:01:09,200 --> 00:01:11,520 total joints, and a third sports medicine. The 30 00:01:11,520 --> 00:01:12,020 latter, 31 00:01:12,545 --> 00:01:14,465 two, I do mainly at a ASC or 32 00:01:14,465 --> 00:01:15,525 a surgical hospital. 33 00:01:16,384 --> 00:01:18,064 Wonderful. Well, thanks for taking the time to 34 00:01:18,064 --> 00:01:20,465 be here. And let's start our conversation with 35 00:01:20,465 --> 00:01:22,384 what trends or shifts you're currently seeing in 36 00:01:22,384 --> 00:01:24,305 the industry that you think are most important 37 00:01:24,305 --> 00:01:26,405 for industry leaders to pay attention to. 38 00:01:26,819 --> 00:01:29,240 So one trend that's been in particular, 39 00:01:29,700 --> 00:01:31,540 that I've watched over the past twenty years 40 00:01:31,540 --> 00:01:34,020 or so is the employed model, whether it's 41 00:01:34,020 --> 00:01:37,140 private equity or hospital employment. I'm still in 42 00:01:37,140 --> 00:01:38,579 a small group. I was in a big 43 00:01:38,579 --> 00:01:41,165 group, and, we peeled off to form a 44 00:01:41,165 --> 00:01:43,265 small group. We currently are five. 45 00:01:44,045 --> 00:01:46,064 And in that sense, I think, 46 00:01:46,444 --> 00:01:48,444 we have to really watch to maintain our 47 00:01:48,444 --> 00:01:50,284 volume. We have to watch to maintain our 48 00:01:50,284 --> 00:01:50,784 contracts. 49 00:01:52,000 --> 00:01:53,299 The hospitals tend 50 00:01:53,599 --> 00:01:55,920 to be able to, put more money to 51 00:01:55,920 --> 00:01:58,239 marketing, put more money to primary care physicians. 52 00:01:58,239 --> 00:02:00,560 And so that's been something that really, we 53 00:02:00,560 --> 00:02:01,619 keep in the radar. 54 00:02:02,239 --> 00:02:04,959 And staffing and workforce challenges also continue to 55 00:02:04,959 --> 00:02:07,274 be a concern across health care sectors. So 56 00:02:07,274 --> 00:02:09,754 how is your organization navigating these pressures, and 57 00:02:09,754 --> 00:02:11,614 what strategies have you seen work well? 58 00:02:11,995 --> 00:02:14,574 Yeah. So it's a difficult scenario, right, because 59 00:02:14,794 --> 00:02:16,875 our reimbursements are going down, so we just 60 00:02:16,875 --> 00:02:18,894 can't keep throwing money at staffing, 61 00:02:19,514 --> 00:02:20,014 because 62 00:02:20,389 --> 00:02:22,330 that makes them even sort of 63 00:02:22,709 --> 00:02:24,469 more fluid in the sense that they'll leave 64 00:02:24,469 --> 00:02:25,750 you for a dollar more an hour. And 65 00:02:25,750 --> 00:02:26,949 so I think what you have to do 66 00:02:26,949 --> 00:02:29,509 is create culture and create stickiness in your 67 00:02:29,509 --> 00:02:31,669 organization. You have to treat people right. You 68 00:02:31,669 --> 00:02:33,349 have to make sure that they have adequate 69 00:02:33,349 --> 00:02:34,569 time to do their job. 70 00:02:35,270 --> 00:02:37,185 You let them off. Our employees don't work 71 00:02:37,485 --> 00:02:39,564 Friday afternoons. And so it's things like that 72 00:02:39,564 --> 00:02:41,405 that we hope to keep them around as 73 00:02:41,405 --> 00:02:43,245 opposed to just continuing to throw money at 74 00:02:43,245 --> 00:02:43,745 them. 75 00:02:44,205 --> 00:02:45,025 100%. 76 00:02:45,724 --> 00:02:47,965 And as outpatient care continues to grow, how 77 00:02:47,965 --> 00:02:49,504 do you see the role of orthopedics 78 00:02:49,805 --> 00:02:51,824 evolving within the broader health care ecosystem? 79 00:02:52,659 --> 00:02:54,500 Yeah. I think ASCs are not gonna go 80 00:02:54,500 --> 00:02:56,019 anywhere. I think a lot of the hospital 81 00:02:56,019 --> 00:02:58,579 systems initially thought they would just hopefully go 82 00:02:58,579 --> 00:03:00,819 away, but you can see Ascension is in 83 00:03:00,819 --> 00:03:03,299 the process of buying AMSURGE. And so that's 84 00:03:03,299 --> 00:03:05,885 just evidence that a big health care system 85 00:03:05,944 --> 00:03:08,104 needs an ASC system to go along with 86 00:03:08,104 --> 00:03:10,665 it. And so from our standpoint, I think 87 00:03:10,665 --> 00:03:13,385 it's gonna complement the inpatient care very well, 88 00:03:13,385 --> 00:03:15,064 and probably more and more of it's gonna 89 00:03:15,064 --> 00:03:17,805 move to the outpatient setting just as Medicare 90 00:03:17,944 --> 00:03:18,444 has 91 00:03:18,770 --> 00:03:21,250 allowed for some of the inpatient only coasts 92 00:03:21,250 --> 00:03:23,250 and now become outpatient as well, such as 93 00:03:23,250 --> 00:03:24,469 total shoulder replacements. 94 00:03:25,409 --> 00:03:28,709 And finally, many organizations are exploring new technologies, 95 00:03:29,009 --> 00:03:31,729 partnerships, and care models to improve efficiency and 96 00:03:31,729 --> 00:03:34,294 outcomes. So are there any innovations or initiatives 97 00:03:34,354 --> 00:03:35,895 you found particularly promising? 98 00:03:36,514 --> 00:03:38,675 Well, I think unlike most orthopedists, I actually 99 00:03:38,675 --> 00:03:41,155 think there's an initiative that we have to 100 00:03:41,155 --> 00:03:42,854 report patient reported outcomes, 101 00:03:43,314 --> 00:03:45,314 in total knee replacements. I actually think it's 102 00:03:45,314 --> 00:03:47,175 a good thing. I think it's gonna objectify 103 00:03:47,314 --> 00:03:48,294 some of the data. 104 00:03:49,180 --> 00:03:50,939 Some of the partnerships that we do is 105 00:03:50,939 --> 00:03:52,540 we try to go one on one with 106 00:03:52,540 --> 00:03:54,479 certain businesses like Whole Foods 107 00:03:54,860 --> 00:03:57,580 or Concentra, the work comp system, and we 108 00:03:57,580 --> 00:04:00,240 avoid the middleman such as the insurance companies 109 00:04:00,395 --> 00:04:01,675 to really try to work to get a 110 00:04:01,675 --> 00:04:02,814 partnership with them, 111 00:04:03,194 --> 00:04:04,495 and keep things streamlined. 112 00:04:05,594 --> 00:04:06,094 Absolutely. 113 00:04:06,474 --> 00:04:07,995 Was there anything else you'd like to share 114 00:04:07,995 --> 00:04:09,835 that we didn't touch on today? Yeah. The 115 00:04:09,835 --> 00:04:11,034 only other thing I would say in the 116 00:04:11,034 --> 00:04:13,830 ASC setting is I in addition to moving 117 00:04:13,830 --> 00:04:15,670 more volume over, I think the case mix 118 00:04:15,670 --> 00:04:18,149 is changing. The acuity levels are getting higher, 119 00:04:18,149 --> 00:04:20,149 but there's also some other procedures that we 120 00:04:20,149 --> 00:04:22,089 are pretty much limited to the ASC. 121 00:04:22,389 --> 00:04:24,250 I do a lot of peripheral neuromodulation, 122 00:04:24,709 --> 00:04:25,990 which is a little bit odd for an 123 00:04:25,990 --> 00:04:28,795 orthopedist to do. There's plenty of back surgeons, 124 00:04:28,795 --> 00:04:31,754 whether it's neurosurgery or orthopedic surgery, that do 125 00:04:31,754 --> 00:04:34,235 spinal cord stimulation. And so some of these 126 00:04:34,235 --> 00:04:35,535 procedures aren't really, 127 00:04:36,475 --> 00:04:36,975 reimbursed 128 00:04:37,355 --> 00:04:39,514 even above cost in a hospital setting, and 129 00:04:39,514 --> 00:04:41,134 so they have to come to the ASC. 130 00:04:42,129 --> 00:04:44,129 Well, doctor Kilbride, thanks so much for joining 131 00:04:44,129 --> 00:04:46,210 me today on the Becker's healthcare podcast to 132 00:04:46,210 --> 00:04:48,449 share these insights. Again, we are recording live 133 00:04:48,449 --> 00:04:50,930 at the twenty second annual Spine Orthopedic and 134 00:04:50,930 --> 00:04:52,069 Pain Management Conference. 135 00:04:52,770 --> 00:04:53,509 Thank you.