• The Intersection of Healthcare and Business: Why Doctors Need an MBA
    Dec 23 2024

    Why did Dr. Patton start his podcast?

    His desire to educate people about the complex healthcare system and the vital patient-physician relationship sparked the creation of Your Health, Your Wealth. Realizing that both patients and doctors often get lost within this intricate system, he saw podcasting as an ideal platform to share his insights.

    Dr. Patton's journey also highlights the importance of entrepreneurial thinking in medicine, driving him to pursue an MBA and advocate for better healthcare policies.

    Key Takeaways

    1. Dr. Eddie Patton started the podcast to educate listeners about the healthcare system, particularly the relationship between health and wealth. The podcast aims to answer common questions and assist both patients and physicians in navigating the complex healthcare landscape.

    2. The healthcare system is highly complex for both physicians and patients, with many moving parts that can often detract from the primary goal of treating patients. A better understanding and simplification of the system could benefit both parties.

    3. The relationship between patients and physicians is the cornerstone of effective healthcare. All other elements of the system should support this core relationship, yet it often gets sidelined in current healthcare practices.

    4. The rising administrative and operational costs of healthcare delivery have pushed many physicians away from private practice to more stable, employed positions. There is a need for physicians to gain business acumen to navigate these challenges better.

    5. There should be a shift toward preventative healthcare to reduce the costs of catastrophic care and improve overall health outcomes. Proper reimbursement and support for physicians to provide preventative care are essential for this shift.

    Timestamped Overview

    00:00 Re-focus on patient-physician relationship in healthcare.

    05:01 Healthcare is adaptable to patient preferences.

    08:50 Focus on doctor-patient relationship for personalized care.

    13:55 Chose MBA to integrate business insights into healthcare.

    16:04 Using data to improve healthcare and industries.

    22:04 Advocate for healthcare policy and impact change.

    23:39 Discussed healthcare frustrations with store manager.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    27 mins
  • Transforming MS Challenges into Advocacy
    Dec 9 2024

    Why do some individuals take adversity and turn it into advocacy?

    Jenesha Barnett's struggle with multiple sclerosis propelled her to become a powerful voice for healthcare reform and MS awareness. Faced with high medical costs and insurance battles, she channels her experience into legislative advocacy and community support. Through her efforts, Barnett demonstrates the profound impact one person can make.

    Key Takeaways

    1. The Ms. Foundation’s support, including providing a laptop, facilitated Jenesha Barnett's ability to work from home and conduct crucial research, enhancing her capacity to manage her MS treatment and life circumstances.

    2. Thorough education and research are fundamental for managing multiple sclerosis effectively. Finding a knowledgeable doctor who listens and collaborates on treatment plans is crucial to well-informed and personalized care.

    3. Advocacy efforts, including voting and direct communication with legislators, are pivotal in influencing healthcare policies and costs. Barnett emphasizes the importance of voting in all elections to drive systemic changes in healthcare.

    4. Positive and proactive support groups, especially online communities, provide essential emotional and psychological support. These communities offer shared experiences and hope, helping individuals cope with the challenges of living with MS.

    5. The complexities of insurance policies, including high costs and bureaucratic hurdles like prior authorizations, pose significant challenges to accessing necessary medications. Effective advocacy and proactive communication with insurers are necessary to navigating these obstacles.

    Timestamped Overview

    00:00 Multiple sclerosis: chronic, inflammatory central nervous disease.

    03:43 Over 20 treatments available for MS now.

    08:04 Trust in experts; your faith guides you.

    11:37 Needed work for insurance, avoided financial strain.

    15:16 Insurance hurdles and advocacy crucial for medication.

    16:26 Medicaid, Medicare, elections matter for healthcare policies.

    21:15 Supporting and encouraging in the battle against disease.

    24:30 Supportive group offering hope and shared experiences.

    27:45 Education and support vital for treatment journey.

    28:41 Honesty and faith sustain me through pain.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    31 mins
  • 5 Pillars to Improve Gut Health and Prevent Brain Diseases
    Nov 25 2024

    How does improving your gut health affect brain function?

    Dr. Partha Nandi, a distinguished gastroenterologist, explores this connection in his work and book, Heal Your Gut, Save Your Brain.

    Inspired by a personal tragedy, Dr. Nandi and Dr. Patton dive into the gut-brain relationship, and they discuss the ways that gut health significantly impacts cognitive function. His approach to prevention and treatment includes five pillars aimed at fostering overall health.

    Key Takeaways

    1. The gut and brain are closely interconnected through pathways like the vagus nerve and the production of neurotransmitters. Personal experiences and scientific study reveal that gut health significantly impacts brain health and may play a role in neurological diseases like Alzheimer's and Parkinson's.

    2. Chronic inflammation, often exacerbated by poor diet, stress, and lifestyle, leads to conditions like leaky gut syndrome. This allows harmful micro-particles to pass into the bloodstream, triggering systemic inflammation that can affect the brain and contribute to neurodegenerative diseases.

    3. Preventative measures and holistic lifestyle changes are crucial in reducing the risk of cognitive diseases. Adopting a plant-based diet, incorporating regular physical activity, reducing stress through community and spirituality, and having a clear purpose in life can greatly improve gut and brain health.

    4. Strong social connections and spiritual practices help mitigate chronic stress and inflammation. Historical studies and modern evidence indicate communities with close social ties and shared activities have better health outcomes, including reduced instances of cardiovascular and cognitive diseases.

    Timestamped Overview

    00:00 Nutrition's impact on brain health and diseases.

    04:09 Gut-brain connection: constant communication via vagus nerve.

    06:42 Purpose and nutrition sustain life and health.

    09:57 Movement with purpose improves overall health.

    14:40 Inflammation, stress, leaky gut impact brain health.

    17:38 Inflammation breaks barriers, harming your body.

    20:28 Simple recipes protect gut, benefit brain health.

    Learn more about Dr. Nandi HERE.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    22 mins
  • Cash vs. Insurance: The Shifting Landscape of Medical Payments
    Nov 11 2024

    What happens when the very system designed to protect our health becomes a source of confusion and frustration?

    In this episode of Your Health, Your Wealth, Dr. Eddie Patton Jr. sits down with Dr. Angela Sturm, a facial plastic surgeon in private practice in Bellaire, Texas. Dr. Sturm shares her insights on the challenges of insurance coverage in healthcare, highlighting how insurance often fails to cover the full extent of medical costs. This has led some patients to prefer cash payments for procedures. Dr. Sturm emphasizes the importance of clear communication and understanding of insurance plans to navigate coverage complexities effectively.

    Dr. Sturm also delves into her experience with entrepreneurship in medicine. She explains how an entrepreneurial approach has allowed her to innovate and grow her practice independently. This flexibility, she notes, enables better decision-making and potentially leads to less stress and more sustainable practice management. Dr. Sturm's journey provides valuable insights for medical professionals considering a more independent path in their careers.

    Key Takeaways

    1. While medical tourism offers financial and community benefits, it poses significant risks for patients. It's crucial to thoroughly verify the qualifications and reputation of foreign surgeons to avoid complications and ensure safe procedures.
    2. The pandemic highlighted the resilience required for medical practices to survive and grow. Dr. Angela Sturm's practice adapted through organic growth and diversification, emphasizing the importance of flexibility and team support during crises.
    3. Insurance often fails to cover the full extent of medical costs, leading some patients to prefer cash payments for procedures. Clear communication and understanding of insurance plans are necessary to navigate coverage complexities effectively.
    4. The emotional toll of practicing medicine, especially during challenging times like the COVID-19 pandemic, underscores the need for strong support systems among healthcare professionals. Combating burnout is essential for maintaining high-quality patient care.
    5. An entrepreneurial approach allows physicians like Dr. Angela Sturm to innovate and grow their practices independently. This flexibility enables better decision-making, potentially leading to less stress and more sustainable practice management.

    Timestamped Overview

    00:00 Realized preference for comprehensive, long-term patient care.
    05:16 Some medical procedures get insurance coverage; functional ones.
    09:59 Insurance often doesn't cover expected medical procedures.
    10:53 Physicians need fair compensation to practice medicine.
    15:42 Timing worked well; four specialists now collaborate.
    18:30 Emotional toll of working within an unsupportive system.
    22:59 Plans disrupted by COVID; intended to help abroad.
    26:37 Surgeon may not perform surgery; stories heard.
    29:35 Complicated procedure saved her life and spirit.
    31:55 Beauty, life, parenting: podcast & social media.

    Learn more about Dr. Sturm HERE.

    Subscribe to Beauty Unveiled on Apple Podcasts and Spotify.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    33 mins
  • The Keys to Avoiding Diabetes and Alzheimer's Disease
    Oct 28 2024

    Why is preventative care crucial for maintaining long-term health?

    Dr. Eddie Patton emphasizes that simple daily habits like exercise and a balanced diet can help fend off serious diseases such as diabetes and Alzheimer's. By focusing on wellness and prevention, individuals can significantly reduce healthcare costs and improve overall health. This proactive approach to health can lead to a more fulfilling and disease-free life.

    Key Takeaways

    1. Primary prevention involves taking proactive steps to prevent diseases before they occur. Simple lifestyle changes like anti-smoking initiatives, regular exercise, and a healthy diet can significantly lower the risk of developing serious conditions such as diabetes and cardiovascular disease.
    2. Early detection of pre-disease conditions like impaired glucose tolerance (prediabetes) can prevent the development of full-blown diseases. Engaging in regular physical activity and maintaining a balanced diet are practical steps that can avert the progress of these conditions.
    3. Alzheimer's disease can be influenced by metabolic syndrome factors like diabetes and cardiovascular health. Preventative strategies include improving glucose metabolism, reducing body inflammation, and adopting a Mediterranean diet, which has been shown to support better cognitive health.
    4. General health can be improved by focusing on regular exercise, mental well-being, balanced nutrition, and sufficient sleep. These strategies not only prevent chronic diseases but also promote overall health and well-being.
    5. Psychological health and adequate sleep are critical components of overall physical health. Managing stress through mindfulness, meditation, exercise, and ensuring good sleep hygiene contribute to both mental and physical rejuvenation, thereby reducing the risk of various health issues.
      These themes underscore the importance of preventative care and holistic wellness in reducing the burden of chronic diseases, ultimately leading to better long-term health outcomes.

    Timestamped Overview

    00:00 Focus on wellness and prevention to save money.
    04:56 Exercise, diet, and treatments prevent diabetes, Alzheimer's complications.
    08:06 Recommend Mediterranean diet and physical exercise for Alzheimer's.
    11:55 Address psychological health for overall physical well-being.
    14:15 Good sleep, preventative measures improve health outcomes.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    16 mins
  • Cancer Screening and Prevention Tips You Need to Know
    Oct 14 2024

    Why does a cancer diagnosis elicit such anxiety and fear?

    Dr. Eddie Patton hosts Dr. Chadi Nabhan, a board-certified hematologist and oncologist, on Your Health, Your Wealth.

    Dr. Nabhan shares insights from his book, The Cancer Journey, which explores the impact of a cancer diagnosis on patients and families. He discusses his approach to demystifying cancer and making information about the disease accessible. They delve into various aspects of cancer care, including diagnosis, treatment, and recovery.

    Key Takeaways

    1. Cancer diagnosis elicits anxiety and fear; providing clear, digestible information and storytelling helps patients and their families better understand and cope with the disease.
    2. The period between diagnosis and the first oncology visit is anxiety-filled; preparing patients with questions to ask and ensuring they have support during that first visit can significantly ease their journey.
    3. Advancements in cancer therapy have transformed treatment outcomes, with many patients recovering. Understanding treatments and addressing the aftermath, including anxiety and survivor's remorse, are crucial for holistic care.
    4. Personal experiences and deep human connections often inspire physicians to enter and continue working passionately in the field of oncology, emphasizing the importance of empathy and patient care.
    5. Effective cancer prevention and screening are essential, albeit sometimes controversial, in detecting cancer early and improving outcomes. New advancements in screening methods show promise for the future.
      These themes collectively highlight the importance of empathetic patient care, clear communication, and ongoing advancements in the medical field to improve cancer diagnosis, treatment, and recovery experiences.

    Timestamped Overview

    00:00 Simplifying cancer stories and advancements in treatment.

    03:48 A guide for the cancer journey's challenges.

    09:53 Her generosity and concern revealed human compassion.

    11:10 Compassion in medicine is more important than science.

    14:35 Guidance on managing oncology appointments and questions.

    19:08 Understanding treatments, recovery, and managing survivor's remorse.

    22:25 Cancer prevention and future screening blood tests.

    23:57 Book dedicated to patients past and future.

    Learn more about Dr. Chadi Nabhan's work HERE.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    25 mins
  • The Economic and Social Impact of Dementia Caregiving
    Sep 23 2024

    How can society better support dementia caregivers facing immense challenges?

    In this episode, Dr. Eddie Patton and Dr. Dona Murphy discuss the limited treatment options and cultural influences on dementia care decisions. Dr. Patton emphasizes counseling caregivers and addressing the psychological toll. Dr. Murphy highlights the lack of culturally tailored resources through the Area Agency on Aging.

    Support groups, including virtual sessions led by members of disproportionately impacted communities, serve as helpful resources. The hosts discuss the emotional and physical stress faced by caregivers, particularly women, and the impact on their health.

    Dr. Murphy shares her personal experiences with family members affected by dementia, leading her to found Prognosus, a platform providing education, support, and community. Dr. Patton stresses involving family in diagnoses and the need for counseling, endorsing Prognosus' approach.

    Key Takeaways

    1. Cultural factors significantly impact dementia diagnosis, treatment decisions, and family involvement in caregiving.
    2. Caregiving for loved ones with dementia can have a profound impact on the caregiver's own health and well-being, with gender disparities in caregiving roles.
    3. Caregivers need access to resources, support groups, and educational tools to prevent isolation and cope with the challenges of caring for someone with dementia.
    4. The financial burden of dementia care is significant, affecting both society and individual caregivers, who often have to make personal sacrifices to provide care.
    5. There is a lack of culturally specific resources for dementia caregivers, highlighting the importance of developing support systems and educational materials that consider diverse cultural backgrounds and socioeconomic factors.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    30 mins
  • How to Avoid Health Expense Landmines
    Sep 9 2024

    How should you plan for healthcare costs in light of your personal financial situation?

    Dr. Patton delves into healthcare expenses and personal finance. Important considerations include age, chronic conditions, and family size. He emphasizes the role of budgeting and forward planning to manage healthcare costs.

    Key topics Dr. Patton addresses include the impact of the Affordable Care Act, Medicaid expansion, and the prevalence of medical debt. He highlights a 2024 report showing 15 million Americans carry medical bills on their credit reports. Additionally, strategies like establishing a quick access fund and utilizing Flexible Spending Accounts (FSAs) are discussed. Dr. Patton underscores the importance of understanding your overall health to avoid financial toxicity.

    To learn more, visit Dr. Patton’s website, eddiepattonmd.com.

    Five Conceptual Takeaways

    1. Planning for healthcare expenses is crucial, and it should be an integral part of your overall financial budgeting. This includes considering factors like chronic conditions, age, family status, and future health needs.

    2. The ACA aims to reduce the uninsured rate, expand Medicaid, and make healthcare more affordable. These measures help decrease personal financial risk associated with medical expenses, especially for low-income populations.

    3. Medical debt significantly impacts personal finances, with many Americans facing outstanding medical bills. Understanding and managing this debt, along with credit reporting changes from agencies like Equifax, Experian, and TransUnion, can alleviate some financial stress.

    4. Establishing an emergency fund or quick access fund is essential for covering unexpected healthcare costs without resorting to debt. This fund should be readily accessible and kept in an interest-earning account.

    5. Utilizing HSAs and FSAs can provide tax advantages and help manage out-of-pocket medical expenses. These accounts allow you to plan ahead and save for healthcare costs in a tax-efficient manner.

    Timestamped Overview

    00:00 Plan ahead for healthcare costs in personal finance.

    05:54 Credit agencies modify medical debt reporting policies.

    11:15 Emergency fund: easily accessible money for unexpected expenses.

    14:37 Avoid locking funds in inaccessible vehicles, replenish.

    18:28 Use FSA for healthcare expenses, save on taxes.

    19:55 Financial toxicity in healthcare due to high costs.

    24:21 Understand and plan for your health expenses.

    26:18 Plan ahead to reduce healthcare financial burden.

    Learn more about Dr. Eddie Patton HERE.

    Subscribe to Your Health, Your Wealth on Apple Podcasts, Spotify, and wherever you get your favorite podcasts.

    See omnystudio.com/listener for privacy information.

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    28 mins