August 2, 2021: Dr. Sanaz Cordes, Chief Healthcare Advisor at World Wide Technology joins Bill for the news today. In their 2021 Work Trend Index, Microsoft predicts over 40% of people may quit their jobs this year. Leaders are out of touch and need a reality check. And high productivity is an illusion because the workforce behind it is very tired. CMS proposed permanent Medicare coverage of audio-only mental health telehealth services. What are the requirements? And how promising are digital therapeutics? What’s the value proposition? Why would pharma companies adopt these? Why would physicians prescribe them? Will insurers ever cover them? And what’s the acquisition exit plan for these startups?

Key Points:

• Productivity has been overdone in this work from home environment [00:07:35]
• The move to remote work made teams more siloed [00:19:00] 
• Physician burnout numbers have always hovered around 50% [00:24:30] 
• Mental health providers are one of the lowest paid professions in healthcare [00:31:35]
• World Wide Technology

Stories:

• Microsoft Predicts over 40% of People may Quit their Jobs this Year - Windows Central
• CMS to Permanently Cover Audio-Only Telemedicine for Mental Health - Foley
• Apps and Video Games are Changing the Way we Treat Diseases. Experts say they're Prime M&A targets for Telehealth Firms - Business Insider