Episode 3

full
Published on:

23rd May 2023

MedChat Episode 3 - Dr. Jared Foran

In this episode, Dr. Foran and I discuss dwindling reimbursement rates and how that ties to physician burnout. It's not a "woe is me" complaint session on how surgeons are not making enough money; it's a larger systemic issue and what it means to the quality of care for patients and little things to "fix" the system.

Dr. Foran is an orthopedic surgeon with Pure Orthopedics, a Panarama Company. He has a resume almost a mile long It's 14 pages. He attended medical school at Berkeley, his internship at Johns Hopkins, a Residency at the University of California San Diego, and a Fellowship at Rush in Chicago. See his full write-up after the show timeline below for his background and education.

0:00 - 0:38 - Intro

0:38 - 1:36 - Opening comments

1:36 - 3:58 Opting out of Medicare

3:38 - 6:26 - Inflation and its effects on the practice

6:26 - 8:58 - What does opting out mean

8:58 - 9:50 - A day in the life

9:50 - 11:48 - PE purchase

11:48 - 15:38 - Challenges to Growth

15:38 - 18:34 - Thoughts on fee for service moving to value-based care

18:34 - 20:56 - Burnout

20:56 - 23:46 - Show me the $$ - Is opting out of Medicare the new new thing

23:46 - 27:34 - Why doesn't Medicare pay a fair wage? What can make it better

27:34 - 32:16 - What would you do to "fix" healthcare

32:16 - 35:50 - Insurance companies

35:50 - Closing remarks

Jared Foran Resume

License and Certifications                                                                                                    

Board Certified, American Board of Orthopaedic Surgery                                          2012-Present

Medical Licensees: California, Colorado, Illinois, Texas                                              2003-Present

 Education

Rush University Medical Center, Chicago, IL

Joint Reconstruction Fellowship                                                                               2009-2010

UC San Diego Department of Orthopaedic Surgery, San Diego, CA                          2004 2009

Resident Physician in Orthopaedic Surgery

 University of California San Diego, San Diego, CA                                                    2003 -2004

Internship in General Surgery

Johns Hopkins University School of Medicine, Baltimore, MD                                 1999-2003

Doctor of Medicine

UC Berkeley, Berkeley, CA                                                                                        1996 -1998

Bachelor of Arts in Molecular and Cell Biology

 

Professional Experience

 

Co-Founder Pure Orthopedics                                                                                   2023- Present

 Founder, Chief Medical Officer                                                                                  2017-Present

ForCast Orthopedics, Inc

forcastortho.com

                                                                       Orthopaedic Surgeon                                                                                                  2010-Present

Panorama Orthopedics and Spine Center, Denver CO

 UC San Diego Department of Orthopaedic Surgery, San Diego, CA                       2004 -2005

Research Fellow, Muscle Physiology Laboratory

Preceptor: Richard Lieber, Ph.D.

 Johns Hopkins University Department of Orthopaedics, Baltimore, MD                   2000-2003

Clinical Research Clerkship

Preceptors: Michael Mont, M.D and David Hungerford, M.D.

 Johns Hopkins University, Department of Orthopaedics, Baltimore, MD                  2002-2003

Clinical Research Assistant

Preceptor: Paul Sponseller, M.D.

 

Current Research Interests

 

Principal Investigator, “My Mobility Study with Apple Watch,”                     2019-Present

A prospective randomized controlled trial for the use of

the “My Mobility” application for rehabilitation following primary

hip and knee arthroplasty. Sponsor: Zimmer Biomet, Warsaw, IN.

  • Principal Investigator, F14 randomized controlled drug trial. A                      2017-Presentprospective, randomized single-blinded controlled drug trial on
  • an investigational long-acting, injectable novel celecoxib formulation. Sponsor: AIC, Toronto, Ontario

 

  • Principal Investigator, Zimmer Persona Partial Knee. A prospective              2016-Present

multicenter study on the performance of a novel unicompartmental knee arthroplasty. Sponsor: Zimmer Biomet, Warsaw, IN.

 

Distinctions

§ 5280 Top Doc Orthopaedic Surgery 2017                                                      2017

§ Chair Knee Arthroplasty Program, ICJR Resident Course (ORTI)

Philadelphia, PA, May 2016                                                                            2016

§ Chair Knee Arthroplasty Program, ICJR Resident Course (ORTI)

Philadelphia, PA, April 2015                                                                           2015

§ Fellow American Academy of Orthopaedic Surgeons (AAOS)                                  2014-Present

§ Director Total Joint Service St. Anthony Hospital, Lakewood CO                 2013-Present

§ Co-Surgeon, Operation Walk, Panama                                                           2019

§ Director Total Joint Service OrthoColorado Hospital Lakewood CO            2012-Present

§ Editorial Board/Elite Reviewer the Journal of Arthroplasty                         2012-Present

§ Reviewer for Orthopedics (Journal)                                                                2012-2015

§ Co-Surgeon, Operation Walk, Tanzania                                                          2012

§ Co-Surgeon Nigeria Medical Mission, GEANCO Foundation                       2011

§ Member Colorado Medical Society                                                                 2012-Present

§ Section Editor of AAOS: “OrthoInfo” Hip and Knee Arthroplasty               2010-2022

§ President, Rush Adult Reconstruction Fellowship Alumni Association          2010-2012

§ Member American Association of Hip and Knee Surgeons (AAHKS)           2010-Present

§ Course Physician, BMW PGA Championship, Cog Hill, IL                            2010

§ UCSD Department of Orthopaedics Executive Committee                           2008-2009

§ WOA, San Diego Chapter, UCSD Resident Representative                            2008-2009

§ Participant, Operation Walk, Vietnam                                                            2008

§ Physician at “Camp LT” Ladanian Tomlinson’s charity football camp            2008

§ Elected UCSD Administrative Chief Resident                                                2008-2009

§ Selected AOA-OREF-Zimmer Resident Leadership Forum,                          2008

Quebec, Canada                                                                                           

§ Fellow 3rd Annual Joint Arthroplasty Young Investigators’ Conference,         2007

San Diego, California                    

  • Member Orthopaedic Research Society                                                          2004-Present
  • Member American Academy of Orthopaedic Surgeons                                  2004-Present
  • Resident Physician Council, UC San Diego                                                    2005-2006
  • Joint Health Coordinator, Community Care Initiative, Baltimore                   2002
  • Curriculum Committee, Johns Hopkins University, School of Medicine         1999-2000
  • Founder of Women's Suitcase Clinic (homeless women's healthcare clinic)    1997-1998
  • President, UC Berkeley Pre-Medical Honor Society                                        1998
  • Senior Class President, Yuba City High School...

Listen for free

Show artwork for MedChat - With Michael Bennett

About the Podcast

MedChat - With Michael Bennett
Breaking down the business of healthcare from industry insiders
Welcome to our podcast, where we delve into the business side of healthcare. This informal "fireside chat" will provide insider views and opinions on healthcare trends, issues, real estate, finance, tech, and the challenges and opportunities in the sector. Our expert guests bring a wealth of knowledge and experience to the table, sharing their insights and perspectives on the issues that matter most.

We will explore a broad range of topics, including emerging technologies, healthcare policy and regulation, patient care, and the impact of COVID-19 on the industry. Our guests include healthcare professionals, policymakers, CEO's, private equity groups, researchers, and entrepreneurs, who offer a variety of perspectives on these critical issues.

In the world of real estate, we take a deep dive into the latest trends and challenges facing the industry. Our guests provide unique insights into this dynamic and ever-changing field from the impact of private equity, rising costs, competition, and financing of real estate projects.

We engage in "spirited" discussions throughout each episode, often over an adult beverage or cup 'o' tea. We offer thoughtful analysis and practical advice for listeners looking to stay on top of the latest trends and developments in healthcare and real estate. Join us for an insightful and informative look at this essential industry.

About your host

Profile picture for Michael Bennett

Michael Bennett