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    The Hidden Costs Employers Don’t See in Traditional Health Plans

    The Hidden Costs Employers Don’t See in Traditional Health Plans

    March 22, 2026
    The Impact of COVID-19 on Patient Trust

    The Impact of COVID-19 on Patient Trust

    March 3, 2026
    Debunking Myths About GLP-1 Medications

    Debunking Myths About GLP-1 Medications

    February 16, 2026
    The Future of LLMs in Healthcare

    The Future of LLMs in Healthcare

    January 26, 2026
    The Future of Healthcare Consumerism

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    March 17, 2026
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    Perceptions of Viral Wellness Practices on Social Media: A Likert-Scale Survey for Informed Readers

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    Which health policy issues matter the most to Republican voters in the primaries?

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Home Innovations & Investing

Medical Devices & Patient Advocacy

Daily Remedy by Daily Remedy
May 8, 2024
in Innovations & Investing
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Medical device manufacturers are by nature, rather aloof when it comes to the public.

There is little to be gained, and much to be lost.

Typically whenever a medical device manufacturer makes the news, it is usually for something bad – a recall, an adverse patient event, a regulatory sanction.

Less is more, particularly when it comes to direct patient engagement, a belief ubiquitous across the industry.

A belief primed to change in the post-pandemic world of healthcare. A recent study by McKinsey & Co. has found that an overwhelming percentage of both healthcare providers and patients desire a change in overall engagement with medical devices. A change we are starting to see.

Whereas before the engagement was defined by the healthcare policy, new models of engagement center on aspects of the patient journey not previously associated with medical device companies.

A supplier of in vitro diagnostics conducted ethnographic studies to address unmet needs of its diverse patient population, needs created by healthcare disparities overlooked in pre-pandemic healthcare.

The pandemic has changed the perception of healthcare, and the expectations for good clinical care. It naturally follows that the interactions change as well. Medical devices are in a prime position to capitalize on this shift by exploring novel value creating opportunities – primarily through new forms of patient engagement.

Early, successful attempts at capturing these opportunities emphasize the patient journey. Subsequent attempts should expand upon the patient journey, and transform medical devices from a product to be sold into an advocate for the patient.

A device as intimate to the patient as a smart phone, and as integral to patient care as the providers themselves.

To make such a shift, medical devices should adjust how they view themselves first and foremost. Steve Jobs revolutionized the smart phone industry by emphasizing the intimate relationship between a person and their phone, seeing technology in terms of emotions rather than of hardware. He did not invent any new technology; he simply made existing technology intimate.

Medical device manufacturers must see themselves as intimate companions in the patient journey, walking alongside the patient, as an advocate, supporting as much as treating the patient.

Instead of devices monitoring blood sugar, we need devices that encourage patients to comply with a diabetic diet while monitoring blood sugar. Instead of devices that monitor urine output, we need devices that support patients during moments of acute kidney injuries.

The perception of the treatment matters as much as the treatment itself. And the engagement with the patient matters as much as the effectiveness of the treatment.

Medical device manufacturers successfully able to transform their devices into patient advocates provide key stakeholders – whether they are hospitals, healthcare insurance companies, or care providers – a point of engagement through which they – device manufacturers and stakeholders – can improve patient compliance together.

Compliance largely directed through changes in patient perception prompting behavioral changes in the patient.

Changes that optimize the treatment provided.

Changes that have always been the most important aspect of healthcare.

Changes we were abruptly reminded of during the pandemic.

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Daily Remedy

Dr. Jay K Joshi serves as the editor-in-chief of Daily Remedy. He is a serial entrepreneur and sought after thought-leader for matters related to healthcare innovation and medical jurisprudence. He has published articles on a variety of healthcare topics in both peer-reviewed journals and trade publications. His legal writings include amicus curiae briefs prepared for prominent federal healthcare cases.

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Videos

Most employers are unknowingly steering their health plans toward higher costs and reduced control — until they understand how fiduciary missteps and anti-competitive contracts bleed their budgets dry. Katie Talento, a recognized health policy leader, reveals how shifting the network paradigm can save millions by emphasizing independent providers, direct contracting, and innovative tiering models.

Grounded in real-world case studies like Harris Rosen’s community-driven initiative, this episode dives deep into practical strategies to realign incentives—focusing on primary care, specialty care, and transparent vendor relationships. You'll discover how traditional carrier networks are often Trojan horses, locking employers into costly, opaque arrangements that undermine fiduciary duties. Katie breaks down simple yet powerful reforms: owning your data, eliminating conflicts of interest, and outlawing anti-competitive contract clauses.

We explore how a post-network framework—where patients are free to choose providers without restrictive network barriers—can massively reduce costs and improve health outcomes. You'll learn why independent, locally owned providers are vital to rebuilding trust, reducing unnecessary procedures, and reinvesting savings into the community. This conversation offers clarity on the unseen legal landmines employers face and actionable ways to craft health plans built on transparency, independence, and aligned incentives.

Perfect for HR pros, benefits advisors, physicians, and employer leaders committed to transforming healthcare from the ground up. If you’re tired of broken healthcare models draining your budget and frustrating your staff, this episode will empower you to take control by understanding and reshaping the very foundations of employer-sponsored health. Discover the blueprint for smarter, fairer, and more sustainable benefits.

Visit katytalento.com or allbetter.health to connect directly and explore how these innovations can work for your organization. Your path toward a healthier, more cost-effective future starts here.

Chapters

00:00 Introduction to Employer-Sponsored Health Plans
02:50 Understanding ERISA and Fiduciary Responsibilities
06:08 The Misalignment of Clinical and Financial Interests
08:54 Enforcement and Legal Implications for Employers
11:49 Redefining Networks: The Post-Network Framework
25:34 Navigating Healthcare Contracts and Cash Payments
27:31 Understanding Employer Health Plan Structures
28:04 The Role of Benefits Advisors in Health Plans
30:45 Governance and Data Ownership in Health Plans
37:05 Case Study: The Rosen Hotels' Health Model
41:33 Incentivizing Healthy Choices in Healthcare
47:22 Empowering Primary Care and Independent Providers
The Hidden Costs Employers Don’t See in Traditional Health Plans
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Policy Shift in Peptide Regulation

Clinical Reads

GLP-1 Drugs Have Moved Past Weight Loss. Medicine Has Not Fully Caught Up.

Glucagon-Like Peptide–Based Therapies and Longevity: Clinical Implications from Emerging Evidence

by Daily Remedy
March 1, 2026
0

Glucagon-like peptide–based therapies are increasingly used for weight management and glycemic control, but their potential impact on long-term survival remains uncertain. The clinical question addressed in this report is whether treatment with glucagon-like peptide receptor agonists is associated with reductions in all-cause mortality and age-related morbidity beyond their established metabolic effects. This question matters because these agents are now prescribed across broad patient populations, including individuals without diabetes, and long-term exposure may influence cardiovascular, oncologic, and neurodegenerative outcomes. Understanding whether...

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