1 00:00:02,240 --> 00:00:02,899 At athenahealth, 2 00:00:03,279 --> 00:00:06,480 we know your ambulatory practice wants healthier, a 3 00:00:06,480 --> 00:00:09,779 healthier business, healthier care teams, and healthier patients. 4 00:00:10,160 --> 00:00:12,480 But the complexities of modern health care tech 5 00:00:12,480 --> 00:00:14,240 make it hard for you and your care 6 00:00:14,240 --> 00:00:15,855 teams to focus on what matters 7 00:00:16,414 --> 00:00:19,295 most? That's where athenahealth can help. Our AI 8 00:00:19,295 --> 00:00:22,594 native all in one solutions reduce administrative burdens, 9 00:00:22,894 --> 00:00:25,875 streamline billing and payments, and deliver critical insights 10 00:00:25,934 --> 00:00:28,734 when clinicians need it most. That means fewer 11 00:00:28,734 --> 00:00:31,614 clicks, more time for patients, and stronger bottom 12 00:00:31,614 --> 00:00:31,829 lines. 13 00:00:32,710 --> 00:00:35,989 Practicing medicine is complex, but running a practice 14 00:00:35,989 --> 00:00:37,850 can be that much simpler with athenahealth. 15 00:00:38,549 --> 00:00:42,250 See how simpler is healthier@athenahealth.com. 16 00:00:43,925 --> 00:00:46,325 Hello. This is Francesca Matthews with the Becker's 17 00:00:46,325 --> 00:00:47,625 ASC review podcast. 18 00:00:48,005 --> 00:00:49,685 I'm thrilled to be joined today by doctor 19 00:00:49,685 --> 00:00:52,664 Earl Kilbride, an orthopedic surgeon at Austin Orthopedic 20 00:00:52,804 --> 00:00:54,645 Institute. Earl, thank you so much for being 21 00:00:54,645 --> 00:00:56,984 here today. You're welcome. Thank you. 22 00:00:57,600 --> 00:00:59,760 Yeah. Just to start us off, could you 23 00:00:59,760 --> 00:01:01,679 please introduce yourself and tell us a little 24 00:01:01,679 --> 00:01:02,740 bit about your background? 25 00:01:03,359 --> 00:01:05,120 Sure. My name is Earl Kilbride. I'm an 26 00:01:05,120 --> 00:01:07,219 orthopedic surgeon here in Austin, Texas. 27 00:01:08,000 --> 00:01:10,079 Did my training in Dallas way back when. 28 00:01:10,079 --> 00:01:12,375 I did a fellowship out in Los Angeles 29 00:01:12,435 --> 00:01:16,215 with, Steve Snyder at SCOE in shoulder arthroscopy 30 00:01:16,515 --> 00:01:17,254 and reconstruction. 31 00:01:17,715 --> 00:01:19,635 I've been here in Austin now as a 32 00:01:19,635 --> 00:01:20,614 practice in orthopedics 33 00:01:20,915 --> 00:01:22,855 for about twenty three years. 34 00:01:24,129 --> 00:01:25,670 K. Excellent. And 35 00:01:26,129 --> 00:01:27,890 what are the top three trends that you're 36 00:01:27,890 --> 00:01:30,629 following in health care and ASCs today? 37 00:01:31,409 --> 00:01:33,729 Yeah. So I think, the biggest thing that 38 00:01:33,729 --> 00:01:35,189 I'm following is consolidation. 39 00:01:35,650 --> 00:01:37,349 I'm in a six man, 40 00:01:37,810 --> 00:01:38,310 small, 41 00:01:38,655 --> 00:01:41,534 independently owned private practice group. And so the 42 00:01:41,534 --> 00:01:43,614 bigger one of the biggest threats to our 43 00:01:43,614 --> 00:01:44,114 survival 44 00:01:44,415 --> 00:01:47,234 is consolidation, whether that be with private equity 45 00:01:47,454 --> 00:01:49,155 or under the employed model. 46 00:01:49,614 --> 00:01:52,355 So that's certainly a trend we're following. Obviously, 47 00:01:53,250 --> 00:01:55,909 reimbursement is another trend that we're following. 48 00:01:56,689 --> 00:01:59,009 Whenever Medicare goes down, a lot of the 49 00:01:59,009 --> 00:02:01,569 commercial contracts are tied to some sort of 50 00:02:01,569 --> 00:02:02,549 Medicare factor. 51 00:02:02,849 --> 00:02:05,750 And so, certainly, that threatens the livelihood 52 00:02:06,129 --> 00:02:08,985 long term of any physician, much less a 53 00:02:08,985 --> 00:02:11,004 small private practice group. 54 00:02:11,305 --> 00:02:12,205 And then lastly, 55 00:02:12,985 --> 00:02:14,504 it's exciting, but, 56 00:02:14,905 --> 00:02:15,405 is 57 00:02:15,705 --> 00:02:17,805 AI. How do we use AI in medicine? 58 00:02:19,144 --> 00:02:20,745 Is there a way that can make us 59 00:02:20,745 --> 00:02:23,129 more efficient and work smarter, not harder? 60 00:02:23,610 --> 00:02:25,210 We have to make sure that we vet 61 00:02:25,210 --> 00:02:27,210 a lot of the information that's coming through 62 00:02:27,210 --> 00:02:28,010 in the AI, 63 00:02:28,490 --> 00:02:28,990 platforms, 64 00:02:29,450 --> 00:02:31,450 and how do you incorporate that to, say, 65 00:02:31,450 --> 00:02:33,530 your EMR? How do you incorporate that into, 66 00:02:33,530 --> 00:02:36,349 say, patient education and things of that sort? 67 00:02:37,784 --> 00:02:40,604 Mhmm. Absolutely. And that that definitely just echoes, 68 00:02:40,985 --> 00:02:43,145 the conversations that I've been having over here 69 00:02:43,145 --> 00:02:45,544 at Becker's just a lot this year, especially 70 00:02:45,544 --> 00:02:47,324 consolidation reimbursement AI. 71 00:02:48,344 --> 00:02:49,965 Major major themes there. 72 00:02:50,409 --> 00:02:52,489 You mentioned you were excited about AI, but 73 00:02:52,489 --> 00:02:54,169 what else are you most excited about right 74 00:02:54,169 --> 00:02:54,669 now? 75 00:02:55,610 --> 00:02:57,229 One of the biggest things that 76 00:02:57,769 --> 00:03:00,750 excites us, especially as a small independent group, 77 00:03:00,810 --> 00:03:03,495 is moving everything to the ASC. Right? 78 00:03:04,375 --> 00:03:06,055 Some of the payers have got on board 79 00:03:06,055 --> 00:03:08,854 with it and the professional fees for a 80 00:03:08,854 --> 00:03:11,254 single physician are higher in the ASC than 81 00:03:11,254 --> 00:03:13,014 they would be in the hospital because they 82 00:03:13,014 --> 00:03:14,955 see the long term savings. 83 00:03:15,495 --> 00:03:17,754 Just a couple of years ago, many procedures 84 00:03:17,894 --> 00:03:19,650 such as total shoulder replacements 85 00:03:20,030 --> 00:03:23,069 got taken off this inpatient only list. And 86 00:03:23,069 --> 00:03:24,289 there's even some, 87 00:03:24,909 --> 00:03:25,409 chatter, 88 00:03:26,269 --> 00:03:26,769 about 89 00:03:27,069 --> 00:03:29,870 amongst the politicians in Washington DC to get 90 00:03:29,870 --> 00:03:30,525 rid of, 91 00:03:31,164 --> 00:03:33,564 the inpatient only list, which would then push 92 00:03:33,564 --> 00:03:35,104 more patients to the AFC 93 00:03:35,405 --> 00:03:35,905 ASC. 94 00:03:36,284 --> 00:03:36,944 I think, 95 00:03:37,405 --> 00:03:39,164 the literature shows that it can be done 96 00:03:39,164 --> 00:03:41,884 safely, and the literature shows that it's definitely 97 00:03:41,884 --> 00:03:42,539 more efficient. 98 00:03:43,259 --> 00:03:44,319 There's less, 99 00:03:44,699 --> 00:03:47,099 hours in terms of patient rounding, having to 100 00:03:47,099 --> 00:03:50,079 discharge patients, pay paperwork, all those things 101 00:03:50,379 --> 00:03:51,759 associated with an ASC. 102 00:03:52,060 --> 00:03:54,379 And the bottom line is patients are doing 103 00:03:54,379 --> 00:03:55,519 at least as good. 104 00:03:55,885 --> 00:03:58,444 And quite honestly, when they're paying 20% of 105 00:03:58,444 --> 00:04:00,764 an overall bill, it's probably cheaper for them 106 00:04:00,764 --> 00:04:01,585 in their pockets. 107 00:04:02,844 --> 00:04:05,564 Mhmm. Absolutely. Definitely another trend that we've been 108 00:04:05,564 --> 00:04:06,944 following closely at Becker's. 109 00:04:07,724 --> 00:04:09,724 How are you thinking about growth over the 110 00:04:09,724 --> 00:04:10,784 next twelve months? 111 00:04:11,870 --> 00:04:14,450 As a physician, I always think if you're 112 00:04:14,510 --> 00:04:15,010 available, 113 00:04:15,310 --> 00:04:17,810 you provide good care, you provide good honest 114 00:04:17,949 --> 00:04:18,449 treatments, 115 00:04:18,910 --> 00:04:21,470 you communicate with the patients that you're gonna 116 00:04:21,470 --> 00:04:24,110 grow. And so I personally believe in organic 117 00:04:24,110 --> 00:04:26,894 growth, getting out there, shaking hands of private 118 00:04:26,894 --> 00:04:30,194 practice guys, giving talks at local community events, 119 00:04:31,294 --> 00:04:34,354 really encouraging patients to do patient reviews, etcetera. 120 00:04:34,735 --> 00:04:37,294 But a lot of times, especially with big 121 00:04:37,294 --> 00:04:39,580 business coming in, whether it's private equity or 122 00:04:39,580 --> 00:04:41,740 hospital employed models, it gets harder and harder 123 00:04:41,740 --> 00:04:44,060 to do that. And so I think some 124 00:04:44,060 --> 00:04:46,699 of the growth that we'll we'll see will 125 00:04:46,699 --> 00:04:48,720 be directed growth. For instance, 126 00:04:49,980 --> 00:04:52,694 maybe advertising that we do minimally invasive surgery 127 00:04:52,694 --> 00:04:54,855 in an ASC, for instance, like we just 128 00:04:54,855 --> 00:04:57,334 spoke about. The other thing is figuring out 129 00:04:57,334 --> 00:05:00,694 some different procedures that, is just not common. 130 00:05:00,694 --> 00:05:02,694 One of the things I personally do, and 131 00:05:02,694 --> 00:05:04,689 I was the first orthopedist in Texas to 132 00:05:04,689 --> 00:05:06,870 do it, is I do peripheral nerve stimulation. 133 00:05:07,649 --> 00:05:10,949 I've really incorporate incorporated this into my practice. 134 00:05:11,250 --> 00:05:13,089 I give many talks throughout the year to 135 00:05:13,089 --> 00:05:15,490 different orthopedic groups that are trying to incorporate 136 00:05:15,490 --> 00:05:17,569 this. And so I think we just have 137 00:05:17,569 --> 00:05:19,029 to be really open, 138 00:05:19,475 --> 00:05:21,334 to different avenues of growth. 139 00:05:22,834 --> 00:05:25,954 Mhmm. Absolutely. That that kind of marketing component 140 00:05:25,954 --> 00:05:28,435 I know is something that's challenging for physicians, 141 00:05:28,435 --> 00:05:30,834 but also I think having those strong, community 142 00:05:30,834 --> 00:05:32,834 connections is something that kind of seem to 143 00:05:32,834 --> 00:05:34,470 put people on the the other end of 144 00:05:34,470 --> 00:05:36,069 the bell curve. You know? That kind of 145 00:05:36,069 --> 00:05:38,250 that human element that can't really be replaced. 146 00:05:39,750 --> 00:05:41,189 So, yeah, again, just kind of lots of 147 00:05:41,189 --> 00:05:42,470 the themes that we talk about here at 148 00:05:42,470 --> 00:05:44,790 Becker's. Is there anything else that you wanted 149 00:05:44,790 --> 00:05:45,930 to touch on today? 150 00:05:46,894 --> 00:05:48,735 I think, I think we've covered it all, 151 00:05:48,735 --> 00:05:51,235 and I I appreciate you guys having me. 152 00:05:51,375 --> 00:05:52,975 Yeah. Of course. And we'll be in touch 153 00:05:52,975 --> 00:05:53,475 soon. 154 00:05:53,854 --> 00:05:55,294 That's all I have for you today, Earl. 155 00:05:55,294 --> 00:05:56,974 But thank you so much for joining us. 156 00:05:56,974 --> 00:05:58,735 It's been a pleasure speaking with you, and 157 00:05:58,735 --> 00:06:00,254 I look forward to connecting with you again 158 00:06:00,254 --> 00:06:02,800 in the future. Perfect. Thank you, guys. Uh-huh. 159 00:06:02,800 --> 00:06:04,020 Yep. Thank you. 160 00:06:07,199 --> 00:06:10,080 At athena Health, we know your ambulatory practice 161 00:06:10,080 --> 00:06:10,980 wants healthier, 162 00:06:11,439 --> 00:06:14,240 a healthier business, healthier care teams, and healthier 163 00:06:14,240 --> 00:06:14,740 patients. 164 00:06:15,235 --> 00:06:17,634 But the complexities of modern healthcare tech make 165 00:06:17,634 --> 00:06:19,634 it hard for you and your care teams 166 00:06:19,634 --> 00:06:21,254 to focus on what matters most. 167 00:06:21,714 --> 00:06:23,414 That's where athenahealth can help. 168 00:06:23,714 --> 00:06:26,454 Our AI native all in one solutions reduce 169 00:06:26,514 --> 00:06:27,654 administrative burdens, 170 00:06:27,979 --> 00:06:30,939 streamline billing and payments, and deliver critical insights 171 00:06:30,939 --> 00:06:33,740 when clinicians need it most. That means fewer 172 00:06:33,740 --> 00:06:36,539 clicks, more time for patients, and stronger bottom 173 00:06:36,539 --> 00:06:37,039 lines. 174 00:06:37,819 --> 00:06:41,019 Practicing medicine is complex, but running a practice 175 00:06:41,019 --> 00:06:42,800 can be that much simpler with athenahealth. 176 00:06:43,518 --> 00:06:47,218 See how simpler is healthier at athenahealth.com.