WEBVTT

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Welcome to the MedTech Talent Lab, the number

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one catalyst for advancing careers and building

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high -performance teams. Sponsored by the Anthony

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Michael Group, helping companies secure in -demand

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talent in regulatory affairs, quality, clinical,

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engineering, R &D, and other areas for medical

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device, digital health, diagnostics, and other

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organizations across the US life sciences sector.

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Here's your host, Mitch Robbins. Hey, welcome

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back to another episode here on the MedTech Talent

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Lab podcast. I'm your host, Mitch Robbins. Foundary

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managing director at the Anthony Michael Group

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building teams and careers across the industry

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and today I have the pleasure of sitting down

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with Mr. Mickey Brown who is the vice president

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of and reimbursement at Serapetix. Mickey comes

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to the show today with over 30 years experience

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in the industry serving across lines on both

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the payer side and the manufacturing side. He's

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worked for companies like Blue Cross, Medtronic,

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and Cochlear to name a few. And today, he leads

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all of market access and reimbursement efforts

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for Serapetix. And if you aren't familiar with

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Serapetix, the company is a global commercial

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stage orthobiologics organization that aspires

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to transform the standard of care for bone repair,

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helping bones heal faster and at higher rates

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without compromising safety. So without further

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ado, Mickey, welcome to the show. Thanks for

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having me. Yeah, man, I am thrilled that you're

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here. We've had some offline conversations and

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you're just an overall good guy. We both live

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here in Colorado. We're both dealing with the

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viruses that are going on around town for our

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families. But we made it. We're here together

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to talk about all things career pertaining to

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you specifically. And Mickey, how I like to start

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off these shows is to recognize that the only

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reason you're standing where you are today is

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because of the history that's helped kind of

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shape your experience and shape your life. And

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prior to the professional piece, I think it's

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really vital and intriguing to kind of go back

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to your formative years and understand. your

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foundation. So, if you would, tell us about your

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formative years, home life, where you grew up,

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family, things like that. Sure. Yeah, so I grew

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up in Jackson, Mississippi area, a small town

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called Madison, which is just north of Jackson,

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suburb community. Pretty normal childhood. Went

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to local schools there. Played soccer was my

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sport of choice. Soccer and cross -country were

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the two things that I really enjoyed. Mostly

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soccer with cross country as a training tool

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to be able to do all the running and soccer.

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Played through throughout high school and through

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college. Met my wife my freshman year of college

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and we've been married for thirty. Four years

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hope she doesn't watch this because then she's

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gonna say get it get it right Mickey. Thirty

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plus years we'll just go with that yeah. And

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my parents still live in Mississippi, so go back

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occasionally to visit. I have four daughters,

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all adults and two grandchildren. And so, you

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know, it's sort of enjoying that grandparent

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lifestyle now, which is far superior to the parenting

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lifestyle, let me tell you. That is awesome.

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And I see it through my through my own parents

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with with my kids. And yes, it is a different

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thing. It's a different thing when you've got

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all the joy and none of the responsibility, so

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to speak. That's right. So after high school,

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I went to a small college in Jackson, Mississippi

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called Millsaps College. Millsaps is a liberal

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arts college, Methodist school, played soccer

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there. And as I said, I met my wife. My major

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was history. I really wasn't sure what I wanted

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to do with my life. I thought for a while that

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I wanted to get a soccer coach. And then I realized

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you could do that without actually doing it for

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a living. I chose that route so I did some travel

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team coaching for a few years after college until

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we started having our own family. I was fortunate

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when I was leaving school to get a job with Blue

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Cross of Mississippi. 1991 was the year and the

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job market was tight, particularly for a guy

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who had no particular specialty or skill set.

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So I went to work for Blue Cross, worked my way

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up there, found I had interest in managed care

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and sort of managed care in Mississippi. And

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a lot of parts of the country was sort of a fledgling

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idea, more mature in certain markets, but certainly

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in the South, it was not a big offering from

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health plans. We still had the traditional, many

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of the folks that will view this or listen to

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this podcast won't remember the good old days,

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but it was. deductible and co -insurance, there

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were no networks, life was good, and we moved

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into managed care. So I was involved in sort

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of that trend there at Blue Cross. I worked there

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for five or six years left, went to United Healthcare

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and to a small hospital owned HMO, which was

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a really good experience sort of to get a different

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sort of view of healthcare, how large publicly

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traded company works, how a small company that's

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a fledgling company works. So that was a really

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good experience. But ultimately, Blue Cross called

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me back to do a special project for them, which

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was a great opportunity. It was to build a network

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for state and school employees. And in doing

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that, I got to meet with state legislators, state

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regulators, all of the big specialty societies

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in the state, the biggest hospitals. And I had

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six months to build a network. Ultimately, we

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were successful, not without a lot of angst and

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sleepless nights, but we got it done. But that

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was a really good experience for me, I think,

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sort of entrepreneurial spirit inside the protection

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of a larger organization. Let me stop you there.

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I want to leave a teaser. Before we go on, you

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mentioned your home life, cross -country, soccer.

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You went to woman Mississippi. You cut your teeth

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at Blue Cross. Do you have siblings or are you

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an only child? I have siblings. I have a split

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family. My parents divorced when I was very young.

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And so I have a number of brothers and sisters.

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My mother has two boys and a stepson. My father

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has a son and daughter. And then I have one sister

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from my parent's original marriage. So lots of

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siblings. So I wasn't the long ranger. I wasn't

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a single parent and a single child. And I was

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quite typically the middle child. I wasn't the

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adventurous one. That was my sister, the older.

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And then I wasn't a troublemaker, not that really

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any of my siblings fit in the troublemaker category.

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We didn't really have that sort of traditional

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troublemaker child that I can remember. Maybe

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I blocked all that after all these years. Maybe

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it was me and I just don't know it, but yeah.

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The point is you were surrounded, it sounds like

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you were surrounded by a pretty big family. Yeah,

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big family, big family. You know, with the challenges

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of parents that are divorced and having to shuttle

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back and forth for holidays and sort of re -engage

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with family members that you haven't seen for

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a while. But my parents worked really hard at

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it to make it as comfortable as possible, although

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that's always challenging, right? I'm not gonna

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suggest that my life as a child was hard in any

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way, but there were parts of it that were a little

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tougher than others and that was certainly part

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of it. And my heart goes out to you as a child

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like that. My kids, I'm divorced, and my kids

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are experiencing it right now, and I understand

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it kind of breaks my heart every couple days

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when they go back and forth. Yeah, it's tough,

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right? The gear shift is different, right? You

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got to reacclimate to a new family structure,

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a new family dynamic, and you just left one,

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right? So you're constantly moving back and forth.

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But again, my parents worked hard to try to do

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that as best as they could. You know and we never

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treated any of the siblings have never treated

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each other as sort of half or step or whatever

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the prefix is for that. So everybody worked hard

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to just understand that this is a little different

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than maybe some other people. But also I mean

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I'm 55 years old so I was growing up in a period

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of time where there were. where divorce was happening

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to a lot of families. That was sort of the wave

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of divorce being sort of a more common thing.

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It was a little more rare before I came along.

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So I knew lots of kids that were like me, right?

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That one holiday here, one holiday there. And

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so that helped, right? Because you knew people

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who were in the same situation. And there were

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similar challenges for them. So I didn't feel

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any different than anybody else, I guess, was

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a good thing. Yeah, no, that's awesome. And then

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as your career kind of progressed, you're at

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Blue Cross. How did you end up on the industry

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side, working for manufacturing? I was on the

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health side for about 15 years. And, you know,

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it was one of those days where I was just having

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a tough day. I mean, I was, I was pretty happy

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at Blue Cross. I felt like I was doing good work.

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Um, you know, I felt like I worked for Blue Cross

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and Blue Shield of Mississippi and our tagline

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was, you know, essentially a healthy, healthier

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Mississippi. And we were instituting a lot of

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programs to try to drive that. And I really felt

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invested in that work. But I was having a bad

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day. I don't even remember what the issue was.

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And I was pretty unhappy that particular day.

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And a recruiter called me. And I had not taken

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recruiter calls for years because I enjoyed what

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I was doing. And I took a call one day. And the

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recruiter was working for Medtronic. I said,

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well, I'm only interested in roles in the Southeast

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because that's where my family is. And that's

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what I want to do. And she said, well, good news.

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This one's in Memphis, Tennessee, which is three

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and a half hour drive from Jackson, Mississippi.

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I was like, well, this sounds good. So I took

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the call. I got an interview. Metronik was looking

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for someone that understood how payers think

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they were going to launch some new technologies

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that they thought might encounter some challenges.

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and wanted somebody who better understood the

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intricacies and the ins and outs of health plans

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and how they work. I was like, well, I can do

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that. I've done that for 15 years. And so I made

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the jump, moved the family to the Memphis area.

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So not too far, but far enough. We had lived

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in the Jackson area, our whole married life,

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and I had never lived anywhere else. And so that

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was, while it wasn't a long way, it was a difference.

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And I think a good difference for me, because

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you've You sort of, you know, you got to make

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new friends. You've got to find new things to

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do and organizations to be part of and things

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like that. And I think it was good for my kids

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because they were in small schools, went to bigger

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schools, had to interact with new people and

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different people. And so that was good for them.

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And so what was interesting is Hurricane Katrina

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hit the weekend before I was supposed to start

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work. In Memphis and so we didn't have power.

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We didn't have gasoline I spent the Sunday before

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I left driving around trying to find gasoline

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because there wasn't any in town I finally found

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it filled up tanks and cars and and You know

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told my wife goodbye, and I drove up and she

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stayed Fortunately our house wasn't damaged.

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We're far enough from the from the from the the

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center of it all That the things got pretty back

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to normal pretty quickly in in the Jackson area,

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but you know sort of you know, a nervous time

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for me, and I went up there, and I would come

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back on weekends until my kids finished their

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first semester of school, and then we transferred

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them the second semester up. So that was, but

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I think that was a good thing for me, right?

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You're leaving your support network, you're leaving,

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you know, help plans, sighted things, that's

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all you've known in your professional career.

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That was all good for me, from a growth and development

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standpoint, I think. That's awesome. And, you

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know, as a leader now, fast forward your leading

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the whole program. Do you see it as a benefit

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for people who want to get into market access

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or reimbursement, you know, working for the manufacturer?

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Do you see it as a benefit coming from the health

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plan the same way they did way back when or not

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necessarily? I mean, I think it's, you know,

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having that background is good, right? I mean,

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you in fact, probably being newer to, you know,

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a newer Convert from health plans would be more

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helpful than my experience my experience is not

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fifteen years old. And we got a bunch of health

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plan consolidations without a bunch of changes

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in health care. I'm not in the way people had

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hoped i think we've had a lot of changes in health

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care so being closer to it. Might be helpful

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to somebody sort of hearing the side of things

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and the things that manufacturers need are the

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things that they needed when i joined right understanding.

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How is this technology going to be viewed by

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payers? So I can have my best foot forward when

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I bring this product to market. Um, and you know,

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interestingly, in my opinion, many manufacturers

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wait too long to start thinking about it. Right.

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So they've got a great idea. They should almost

00:14:06.980 --> 00:14:09.200
think about it in that before you start your

00:14:09.200 --> 00:14:12.639
clinical study, before you start, um, things

00:14:12.639 --> 00:14:14.840
like that, you should, you should have a viewpoint

00:14:14.840 --> 00:14:18.480
on when it gets to market. What's the challenge

00:14:18.480 --> 00:14:20.379
gonna be and some of that's leading the target

00:14:20.379 --> 00:14:22.340
right this because the world changes right it

00:14:22.340 --> 00:14:24.559
doesn't sit stagnant in the payers evaluating

00:14:24.559 --> 00:14:27.039
new technologies differently over time so you

00:14:27.039 --> 00:14:28.820
do have to have somebody who can sort of think

00:14:28.820 --> 00:14:32.379
ahead and leave the target as best you can but

00:14:32.379 --> 00:14:34.759
but to your question yeah i think i think there's

00:14:34.759 --> 00:14:36.559
value in having somebody who could make that

00:14:36.559 --> 00:14:39.340
shift now not every role right i mean you wouldn't

00:14:39.340 --> 00:14:41.740
want somebody to manage the claims operation

00:14:41.740 --> 00:14:44.559
to take a role that's probably not so beneficial

00:14:44.559 --> 00:14:46.779
but somebody who led a medical policy team somebody

00:14:46.779 --> 00:14:52.389
that dealt with those sorts of things. And even

00:14:52.389 --> 00:14:55.009
on the reimbursement side, some of the new and

00:14:55.009 --> 00:14:57.629
evolving reimbursement models that are out there,

00:14:57.649 --> 00:15:00.190
that would be helpful to manufacturers as well.

00:15:01.070 --> 00:15:03.549
Do you think that not starting early enough with

00:15:03.549 --> 00:15:06.269
your reimbursement strategy and market access

00:15:06.269 --> 00:15:09.230
strategy, do you think that is the number one

00:15:09.230 --> 00:15:11.509
mistake that organizations make when it comes

00:15:11.509 --> 00:15:13.830
to your world of expertise or do you think it's

00:15:13.830 --> 00:15:17.379
something different? I think that is probably

00:15:17.379 --> 00:15:22.500
one, number one mistake that's made. It's not

00:15:22.500 --> 00:15:24.940
a tragic mistake. I mean, you can come back from

00:15:24.940 --> 00:15:28.740
it, but it takes, you know, it makes things much

00:15:28.740 --> 00:15:32.120
longer. You know, I think the commitment to continued

00:15:32.120 --> 00:15:36.419
clinical data development, right? I did one clinical

00:15:36.419 --> 00:15:40.379
study. That should be adequate for payers. It

00:15:40.379 --> 00:15:43.409
generally is not. And so sort of Okay, I'm going

00:15:43.409 --> 00:15:45.730
to finish this study. What's the next study?

00:15:45.870 --> 00:15:49.149
And sort of building out how am I going to continue

00:15:49.149 --> 00:15:53.389
to prove to payers that this product is one that

00:15:53.389 --> 00:15:57.289
they should cover. And I think a lot of times

00:15:57.289 --> 00:16:00.370
people think, oh, one clinical study, I'm done.

00:16:01.210 --> 00:16:05.230
And generally speaking, that's not true. And

00:16:05.230 --> 00:16:07.330
couple closely with that is sort of unrealistic

00:16:07.330 --> 00:16:09.610
expectation of how quickly payers are going to

00:16:09.610 --> 00:16:13.610
cover your technology. It's typically five to

00:16:13.610 --> 00:16:16.009
seven years depending on what it is you know

00:16:16.009 --> 00:16:18.730
if you if you care cancer it would be immediate

00:16:18.730 --> 00:16:22.210
but nobody's caring cancer you know there's a

00:16:22.210 --> 00:16:24.409
few products that come out in the last couple

00:16:24.409 --> 00:16:29.129
years that were really really game changers and.

00:16:30.169 --> 00:16:32.250
Pairs can quickly see the value and they get

00:16:32.250 --> 00:16:36.450
approved quickly things that are harder to tease

00:16:36.450 --> 00:16:39.279
out from a pair's view. what's the value of technology

00:16:39.279 --> 00:16:41.179
those are the ones that need to continue investing

00:16:41.179 --> 00:16:43.940
in studies and things so i think i think yeah

00:16:43.940 --> 00:16:46.539
i think having it early so you can at least voice

00:16:46.539 --> 00:16:48.539
that input of okay we got one clinical study

00:16:48.539 --> 00:16:50.340
we've we've laid out the end points we think

00:16:50.340 --> 00:16:53.159
we're going to need but what's after that what

00:16:53.159 --> 00:16:55.559
are how are we going to continue to prove that

00:16:55.559 --> 00:16:58.440
out as we go down this path and having a having

00:16:58.440 --> 00:17:03.559
a plan of a realistic plan are the are the critical

00:17:03.559 --> 00:17:06.369
components i think It's got to be a lot of guts

00:17:06.369 --> 00:17:09.589
on behalf of the manufacturer and the investors

00:17:09.589 --> 00:17:12.109
to not get the coverage that they're looking

00:17:12.109 --> 00:17:15.009
for yet. They've got good clinical data. They

00:17:15.009 --> 00:17:17.390
need more clinical data. And to keep investing,

00:17:17.589 --> 00:17:20.789
keep putting forth time and effort, you've got

00:17:20.789 --> 00:17:23.670
to have a ton of confidence, I would think. Yeah.

00:17:23.670 --> 00:17:25.430
I mean, I get this question a lot at all the

00:17:25.430 --> 00:17:28.490
places I've ever been. What do payers want? And

00:17:28.490 --> 00:17:33.500
my comedic comeback is what you don't have. So

00:17:33.500 --> 00:17:35.920
you got it they want an rct we got an rct well

00:17:35.920 --> 00:17:38.640
now we want to well if you did to now we want

00:17:38.640 --> 00:17:41.059
real world evidence will you get that we want.

00:17:41.539 --> 00:17:44.099
You know something else right it's it's it's

00:17:44.099 --> 00:17:47.039
a lot of times a moving bar. And each pair can

00:17:47.039 --> 00:17:48.880
have a sort of a different viewpoint right there's

00:17:48.880 --> 00:17:52.359
not one central. Clearing house repair coverage

00:17:52.359 --> 00:17:57.420
right each pair individually and so you do kind

00:17:57.420 --> 00:18:01.440
of have to think through that like. My favorite

00:18:01.440 --> 00:18:04.839
phrase is, so what? So I'm meeting with teams

00:18:04.839 --> 00:18:06.240
of people and they're saying, well, our product

00:18:06.240 --> 00:18:09.240
does this. And I say, so what? And I'm not saying

00:18:09.240 --> 00:18:11.079
it to be mean. I'm saying that's what the pair's

00:18:11.079 --> 00:18:12.900
gonna ask. Like you need to translate it into

00:18:12.900 --> 00:18:16.880
what, into the value to them, right? So superior

00:18:16.880 --> 00:18:19.200
patient outcomes is a clear, easy one, right?

00:18:19.940 --> 00:18:22.000
But when you started getting into that sort of

00:18:22.000 --> 00:18:27.819
the sub, you know, shorter OR time, shorter earlier

00:18:27.819 --> 00:18:30.910
return to work, you know, But you know, it's

00:18:30.910 --> 00:18:33.470
it's prove it to me, you know Everybody turns

00:18:33.470 --> 00:18:35.750
into Missouri to show me state. Hey, they all

00:18:35.750 --> 00:18:38.789
want to you know I'm not gonna believe this because

00:18:38.789 --> 00:18:40.109
you told me you're gonna have to prove it to

00:18:40.109 --> 00:18:42.930
me. So I think I think you have to be really

00:18:42.930 --> 00:18:47.369
critical internally and You know, you need to

00:18:47.369 --> 00:18:49.589
be your own your own biggest critic as you're

00:18:49.589 --> 00:18:52.470
sort of rolling out to introduce the product

00:18:52.470 --> 00:18:56.190
to the market right don't assume that you know

00:18:56.680 --> 00:18:59.420
because the engineer says it's amazing that everybody's

00:18:59.420 --> 00:19:01.220
going to view it that way, particularly from

00:19:01.220 --> 00:19:04.920
the purchasing perspective. That makes a lot

00:19:04.920 --> 00:19:08.039
of sense. What about, you know, here we are in

00:19:08.039 --> 00:19:10.180
2025, and I think about the course of your career,

00:19:10.279 --> 00:19:13.819
you've seen so much evolve over the last 30 plus

00:19:13.819 --> 00:19:17.220
years or so. What's the biggest challenge for

00:19:17.220 --> 00:19:18.960
market access and reimbursement leaders here

00:19:18.960 --> 00:19:23.680
in 2025? Wow. So when I started in this side

00:19:23.680 --> 00:19:27.839
of the industry in 2005, I won't say it was easy

00:19:27.839 --> 00:19:29.559
to get a meeting with a payer, but you could

00:19:29.559 --> 00:19:31.220
get meetings with payers. You could sit down

00:19:31.220 --> 00:19:33.720
with them. You could present data. You could

00:19:33.720 --> 00:19:35.920
bring a physician with you and then talk about

00:19:35.920 --> 00:19:39.119
what they see from a patient needs standpoint.

00:19:39.700 --> 00:19:44.059
You could have those engagements. It's gotten

00:19:44.059 --> 00:19:47.440
really hard to get a meeting. Everybody wants

00:19:47.440 --> 00:19:49.880
you to just send your data so you don't have

00:19:49.880 --> 00:19:53.599
any discussion. You don't get any feedback in

00:19:53.599 --> 00:19:56.809
terms of If they if they're not going to cover

00:19:56.809 --> 00:19:58.809
your product what are the gaps that they see

00:19:58.809 --> 00:20:03.769
it's really hard to get that feedback. I actually

00:20:03.769 --> 00:20:05.910
did one of these meetings last week which was

00:20:05.910 --> 00:20:09.109
surprising but we did it through a pretty circuitous

00:20:09.109 --> 00:20:12.890
route we actually went through. Our employee

00:20:12.890 --> 00:20:15.589
health plan broker to get the meeting with the

00:20:15.589 --> 00:20:20.069
pair. It was not where manufacturer we want to

00:20:20.069 --> 00:20:23.430
talk to a pair was as the as the. As the you

00:20:23.430 --> 00:20:25.849
know the insured group we went through a broker

00:20:25.849 --> 00:20:28.710
and we got a meeting and it was a good meeting

00:20:28.710 --> 00:20:34.509
But it was it was not easy And and I'm right

00:20:34.509 --> 00:20:36.869
in the middle right now of engaging three or

00:20:36.869 --> 00:20:38.650
four different payers trying to get meetings

00:20:38.650 --> 00:20:41.730
and the answer so far has been schedules are

00:20:41.730 --> 00:20:44.829
too full and I think one of the things that's

00:20:44.829 --> 00:20:48.150
happened is in 2005 people like me were pretty

00:20:48.150 --> 00:20:50.549
rare the big companies had a little companies

00:20:50.549 --> 00:20:55.309
didn't Now everybody, I say everybody, most companies

00:20:55.309 --> 00:20:59.710
have somebody like me reaching out to payers.

00:21:00.849 --> 00:21:04.089
And so if I were a payer, I would be pushing,

00:21:04.210 --> 00:21:05.789
like, I don't have time in the day to meet with

00:21:05.789 --> 00:21:08.230
every manufacturer that's out there. Right. So

00:21:08.230 --> 00:21:10.750
that's gotten, that's gotten problematic. And

00:21:10.750 --> 00:21:13.230
then COVID, I mean, COVID, you know, is the great

00:21:13.230 --> 00:21:17.250
excuse for a lot of things. But it has made getting

00:21:17.250 --> 00:21:19.269
in -person meetings really hard. It got easy

00:21:19.269 --> 00:21:22.660
for them to say no to that. And, you know, video

00:21:22.660 --> 00:21:24.740
conference. So the ones that we have now, the

00:21:24.740 --> 00:21:26.400
ones, the few that we've been able to engage

00:21:26.400 --> 00:21:29.339
are all video conference and nobody turns their

00:21:29.339 --> 00:21:31.220
camera on. So you don't know whether they're

00:21:31.220 --> 00:21:35.279
engaged or not engaged. Um, so it's, it's gotten

00:21:35.279 --> 00:21:37.140
really tough. That's not to say you shouldn't

00:21:37.140 --> 00:21:39.480
do it and you shouldn't try, uh, and that there

00:21:39.480 --> 00:21:41.900
aren't ways like going through your broker to

00:21:41.900 --> 00:21:44.779
get meetings. Um, but the good old days of just

00:21:44.779 --> 00:21:47.839
calling and them saying, yes, come on. Or the

00:21:47.839 --> 00:21:51.599
other strategy that we employed a lot was. Really

00:21:51.599 --> 00:21:53.720
just wind up a doctor a doctor really believes

00:21:53.720 --> 00:21:55.720
in the technology and thinks it's best for patients

00:21:55.720 --> 00:21:58.839
wind them up prepare them and have them contact

00:21:58.839 --> 00:22:02.740
their local pair. They could get a meeting that's

00:22:02.740 --> 00:22:06.200
gotten hard. Nobody wants to meet anymore so

00:22:06.200 --> 00:22:09.839
that's made it difficult i think. So a lot to

00:22:09.839 --> 00:22:13.859
unpack there in the first place i go is since

00:22:13.859 --> 00:22:15.960
this united healthcare thing happened with the

00:22:15.960 --> 00:22:19.779
shooting. Have you seen an immediate change with

00:22:19.779 --> 00:22:23.839
response from payers as far as trying to hide

00:22:23.839 --> 00:22:26.819
maybe some of their medical directors or executives

00:22:26.819 --> 00:22:28.839
internally? Have they made it harder since then?

00:22:28.880 --> 00:22:32.880
Have you noticed? In the last couple of weeks,

00:22:33.279 --> 00:22:35.539
I've been researching a couple of payers that

00:22:35.539 --> 00:22:38.220
we're trying to engage, and they don't have much

00:22:38.220 --> 00:22:40.220
LinkedIn presence. I don't know whether they

00:22:40.220 --> 00:22:45.470
did before or not. My suspicion is those that

00:22:45.470 --> 00:22:48.630
were on linkedin are off like are off now those

00:22:48.630 --> 00:22:53.089
that weren't you know are coming on. I don't

00:22:53.089 --> 00:22:55.109
know that it's made it harder to connect with

00:22:55.109 --> 00:22:57.450
payers i can tell you the engagement that i had

00:22:57.450 --> 00:23:01.470
the other day. They seemed much more engaged.

00:23:02.710 --> 00:23:04.630
Then the last time i spoke to this particular

00:23:04.630 --> 00:23:07.170
pair that i was able to do the same thing there

00:23:07.170 --> 00:23:10.170
my last employer use my broker to get a meeting.

00:23:11.450 --> 00:23:14.390
Not the same exact people but same organization

00:23:14.390 --> 00:23:17.569
and i can tell you they seemed more engaged more

00:23:17.569 --> 00:23:23.089
friendly. More interested now that could be totally

00:23:23.089 --> 00:23:25.670
a coincidence it could be that that is a different

00:23:25.670 --> 00:23:28.930
group of people and so maybe they were. But i

00:23:28.930 --> 00:23:32.470
didn't get the miss was a big pair this is national

00:23:32.470 --> 00:23:34.769
i don't drop names this is a national player.

00:23:35.710 --> 00:23:39.309
I didn't get the where big or small. leave us

00:23:39.309 --> 00:23:41.630
alone feeling that I got last time that I talked

00:23:41.630 --> 00:23:44.170
to him. So I'm hoping that that's a trend that

00:23:44.170 --> 00:23:46.589
we'll see. Look, I want to state for the record,

00:23:47.009 --> 00:23:49.789
that man should not have lost his life over the

00:23:49.789 --> 00:23:51.470
challenges that people are having with health

00:23:51.470 --> 00:23:53.990
insurers and dealing with claims and issues,

00:23:54.150 --> 00:23:56.309
right? I mean, that's absolutely the wrong way

00:23:56.309 --> 00:23:58.849
that we should go about trying to drive change.

00:23:59.170 --> 00:24:02.890
But it does seem to based on this one interaction,

00:24:03.089 --> 00:24:05.289
maybe I've had some change in the positive direction.

00:24:05.450 --> 00:24:08.039
And that, you know, my hope is Not the killing

00:24:08.039 --> 00:24:11.079
itself, but sort of the reaction. And if you

00:24:11.079 --> 00:24:13.660
go on any social media platform these days, you're

00:24:13.660 --> 00:24:16.920
hearing more and more horror stories. I'm sure

00:24:16.920 --> 00:24:19.299
some are made up, but I'm guessing most are real.

00:24:19.940 --> 00:24:22.680
And my hope is that the payers are hearing that

00:24:22.680 --> 00:24:24.559
too and saying, look, we've got to work on this.

00:24:25.000 --> 00:24:27.140
The other thing that was interesting, the other

00:24:27.140 --> 00:24:30.680
day, a group of shareholders filed some sort

00:24:30.680 --> 00:24:34.380
of request to UnitedHealthcare asking for a report

00:24:34.380 --> 00:24:39.529
on how denials are affecting their image and

00:24:39.529 --> 00:24:45.869
the stock itself. And so once the shareholders

00:24:45.869 --> 00:24:48.130
start asking those sorts of questions, will we

00:24:48.130 --> 00:24:49.970
see some real change and some real openness?

00:24:50.349 --> 00:24:54.069
My hope is yes. I sure hope so as well. And then

00:24:54.069 --> 00:24:56.269
I was thinking about being in your position and

00:24:56.269 --> 00:24:57.809
not being able to get these meetings and having

00:24:57.809 --> 00:25:00.789
to rely on blindly setting your data and hoping

00:25:00.789 --> 00:25:03.190
that somebody sees enough to say, yeah, okay,

00:25:03.190 --> 00:25:06.339
let's talk. And the pressure that someone like

00:25:06.339 --> 00:25:08.380
yourself must feel that you've got a job to do

00:25:08.380 --> 00:25:11.200
and your job is to move things forward and gain

00:25:11.200 --> 00:25:14.420
access, gain coverage. You've got an executive

00:25:14.420 --> 00:25:16.259
team who's counting on you saying, what is going

00:25:16.259 --> 00:25:18.920
on? Let's go, let's go. You're being faced with

00:25:18.920 --> 00:25:22.579
stonewalling. How do you handle that? Well, you

00:25:22.579 --> 00:25:25.579
know, so what I generally tell my employees is,

00:25:26.279 --> 00:25:28.720
you know, we can't guarantee an outcome. I mean,

00:25:28.720 --> 00:25:31.579
we don't own the payers. We, you know, we can,

00:25:32.200 --> 00:25:36.630
we can. Try to understand their viewpoint and

00:25:36.630 --> 00:25:39.509
provide them as much as we can we can't own what

00:25:39.509 --> 00:25:42.150
you know we the outcome is not something we can

00:25:42.150 --> 00:25:46.130
control we can control the f. Can we can control.

00:25:47.809 --> 00:25:51.210
Okay they said no what's the next approach and

00:25:51.210 --> 00:25:54.109
what's the next approach and so. You know i think

00:25:54.109 --> 00:25:56.869
you know with my leadership team at at syrupy

00:25:56.869 --> 00:26:00.329
takes what you know what we try to do is is show

00:26:00.329 --> 00:26:03.019
that look we're doing the right things. If we

00:26:03.019 --> 00:26:04.960
continue to do the right things good things will

00:26:04.960 --> 00:26:07.599
happen right i mean it because you can't i mean

00:26:07.599 --> 00:26:10.519
there's not a formula that says you know one

00:26:10.519 --> 00:26:13.559
plus one is two and if we. If we do one plus

00:26:13.559 --> 00:26:16.240
one will always get to it just doesn't work that

00:26:16.240 --> 00:26:20.140
way and so what you have to do is is rather than

00:26:20.140 --> 00:26:23.299
say. You know a pair said no i give up when you

00:26:23.299 --> 00:26:25.579
keep going you keep trying you keep saying you

00:26:25.579 --> 00:26:29.559
in for what i do is i is i. work with our clinical

00:26:29.559 --> 00:26:31.700
team and they say, look, they're telling me we

00:26:31.700 --> 00:26:33.519
don't have enough evidence. We have one RCT.

00:26:34.140 --> 00:26:36.420
It's like, well, what else can we do? Can we

00:26:36.420 --> 00:26:38.660
collect real -world evidence? Can we do a retrospective

00:26:38.660 --> 00:26:41.480
study and start thinking strategically there

00:26:41.480 --> 00:26:44.339
to say, okay, I mean, no is not no forever. How

00:26:44.339 --> 00:26:46.220
do we change that no to a yes? Probably a lot

00:26:46.220 --> 00:26:48.819
like the sales cycle, right? You know, just because

00:26:48.819 --> 00:26:50.500
the doctor says no doesn't mean you don't go

00:26:50.500 --> 00:26:55.299
see them again. 100%. And I think that what you're

00:26:55.299 --> 00:26:58.390
saying too is, yeah, it's much... much harder,

00:26:58.549 --> 00:27:02.769
but people buy based on the value that they see,

00:27:02.890 --> 00:27:04.569
right? And people like to buy, they don't like

00:27:04.569 --> 00:27:07.410
to be sold. That's how sales works. And so in

00:27:07.410 --> 00:27:09.069
the sales world with the doctor, you've got to

00:27:09.069 --> 00:27:10.950
demonstrate enough value it has how it's going

00:27:10.950 --> 00:27:13.789
to help them help their patients. Same thing

00:27:13.789 --> 00:27:15.890
here. It's like, if you make the payer's life

00:27:15.890 --> 00:27:18.049
a little bit easier somehow by giving them the

00:27:18.049 --> 00:27:19.930
evidence that they need to make the justification

00:27:19.930 --> 00:27:22.640
on their end. Everybody's lives become easier,

00:27:22.640 --> 00:27:24.839
but I can imagine it's got to be very very frustrating

00:27:24.839 --> 00:27:27.039
More often than not bang your head against the

00:27:27.039 --> 00:27:28.700
wall or try and at least get the communication

00:27:28.700 --> 00:27:31.759
going Yeah, it can be frustrating and sort of

00:27:31.759 --> 00:27:34.440
the other frustration is a lot of times you need

00:27:34.440 --> 00:27:37.099
surgeon demand like I mentioned winding the doctor

00:27:37.099 --> 00:27:39.220
up and sitting him in the room I'm not talking

00:27:39.220 --> 00:27:41.579
about that I'm talking about a lot of pay a lot

00:27:41.579 --> 00:27:44.099
of physicians saying I need access to this for

00:27:44.099 --> 00:27:47.420
this patient for this reason and You know if

00:27:47.420 --> 00:27:50.319
you go to a pair you're lucky enough to get a

00:27:50.319 --> 00:27:52.559
meeting and they tell you we don't get any appeals.

00:27:53.119 --> 00:27:55.279
So our policy must be correct that's the worst

00:27:55.279 --> 00:27:57.400
feeling in the world because that means that.

00:27:58.000 --> 00:28:01.059
Your your customer base is either not sold or

00:28:01.059 --> 00:28:02.700
willing to put the effort and to try to help

00:28:02.700 --> 00:28:05.480
you drive to a coverage decision so there's a

00:28:05.480 --> 00:28:09.980
bit of a there's a bit of. You know about a top

00:28:09.980 --> 00:28:12.799
down bottom up strategy where you attack the

00:28:12.799 --> 00:28:15.380
pair from. Attach one other word but you approach

00:28:15.380 --> 00:28:17.700
the pair from the industry perspective within

00:28:17.700 --> 00:28:20.160
unique unique grassroots demand for the product.

00:28:20.440 --> 00:28:22.440
You need physicians calling the priest or if

00:28:22.440 --> 00:28:25.660
they get tonight. Doing appeals saying this is

00:28:25.660 --> 00:28:28.160
why this patient needs the technology and so

00:28:28.160 --> 00:28:29.779
that you're sort of pushing the pair from two

00:28:29.779 --> 00:28:32.660
directions and so so you do have to work collaborative

00:28:32.660 --> 00:28:34.359
with your sales team right if the sales team

00:28:34.359 --> 00:28:36.559
is telling you look i can't sell it because we're

00:28:36.559 --> 00:28:38.960
not getting approvals. Do you need to be back

00:28:38.960 --> 00:28:40.460
in with the sales were saying what can we get

00:28:40.460 --> 00:28:42.890
some people to submit appeals. Cause appeals

00:28:42.890 --> 00:28:45.930
cost payers money. Right. And if you can get

00:28:45.930 --> 00:28:47.990
them spending enough money on appeals and if

00:28:47.990 --> 00:28:50.750
they're losing those appeals at external review

00:28:50.750 --> 00:28:52.970
or other places, then they're more likely to

00:28:52.970 --> 00:28:54.750
change their policy. But if they're never hearing

00:28:54.750 --> 00:28:57.089
about your technology from anybody, why change

00:28:57.089 --> 00:28:58.869
the policy? I mean, it's, you know, it's a tree

00:28:58.869 --> 00:29:01.569
that falls in the woods with no one around. Right.

00:29:01.589 --> 00:29:04.390
It makes no sound. I mean, you need that noise

00:29:04.390 --> 00:29:06.410
from, from the market. So you have to do a bit

00:29:06.410 --> 00:29:12.869
of driving for both ends. a double -edged question

00:29:12.869 --> 00:29:15.269
for you. One is about your own career and your

00:29:15.269 --> 00:29:17.670
leadership. The other one is about leading people,

00:29:17.730 --> 00:29:19.130
and we're going to start with your own career.

00:29:20.049 --> 00:29:22.390
You know, you've held some pretty significant

00:29:22.390 --> 00:29:26.329
roles over the years. I mentioned you had some

00:29:26.329 --> 00:29:28.549
great exposure at Medtronic. You were leading

00:29:28.549 --> 00:29:30.970
the program for Cochlear, or at least a huge

00:29:30.970 --> 00:29:33.410
part of it, from what I know. You've done it,

00:29:33.410 --> 00:29:35.789
you know, kind of in the startup small organization

00:29:35.789 --> 00:29:38.539
world. Can you point out pivotal moments in your

00:29:38.539 --> 00:29:40.180
career that you think help catalyze your career

00:29:40.180 --> 00:29:44.900
and kind of help you get to the next level? So

00:29:44.900 --> 00:29:48.200
I think, you know, the first thing that I did

00:29:48.200 --> 00:29:52.319
is when I was at Blue Cross, my first job there,

00:29:52.319 --> 00:29:55.460
I was a medical underwriter. So they had me reviewing

00:29:55.460 --> 00:29:57.839
people's medical history to decide whether they

00:29:57.839 --> 00:30:00.579
got insurance or not. This is before HIPAA. So

00:30:00.579 --> 00:30:02.500
we could review individual medical history and

00:30:02.500 --> 00:30:04.420
we could say yes or no to whether we cover you

00:30:04.420 --> 00:30:07.250
or not. Why i was qualified that for that i have

00:30:07.250 --> 00:30:09.509
no idea i mean i was a history major medical

00:30:09.509 --> 00:30:11.750
history maybe they somebody got confused but

00:30:11.750 --> 00:30:13.589
they stuck me in that job no medical training

00:30:13.589 --> 00:30:18.230
and it was most miserable job i've ever had cuz

00:30:18.230 --> 00:30:20.130
you had to actually tell people i couldn't have

00:30:20.130 --> 00:30:22.890
health insurance and people were very upset people

00:30:22.890 --> 00:30:26.089
would cry you could understand right that's i

00:30:26.089 --> 00:30:27.910
would have nightmares about the phone ringing

00:30:28.200 --> 00:30:31.339
and having to talk to people about that as a

00:30:31.339 --> 00:30:35.519
as a twenty two year old i'm pretty tough job.

00:30:36.660 --> 00:30:40.640
But blue cross posted a position for their manager

00:30:40.640 --> 00:30:44.920
coordinator. And i applied for it so here's the

00:30:44.920 --> 00:30:48.160
pivotal point they told me that i had to do a

00:30:48.160 --> 00:30:51.099
presentation to a group of executives as part

00:30:51.099 --> 00:30:56.839
of the application process. And. I was petrified.

00:30:57.220 --> 00:31:00.259
I did not want, I wanted to pull my application

00:31:00.259 --> 00:31:05.579
from the job and my better half, my wife, coached

00:31:05.579 --> 00:31:08.400
me up and convinced me to keep my hat in the

00:31:08.400 --> 00:31:12.579
ring. Um, I put together a presentation. She

00:31:12.579 --> 00:31:15.180
helped me. This is back before PowerPoint was

00:31:15.180 --> 00:31:17.980
a big thing. She was the PowerPoint guru. She

00:31:17.980 --> 00:31:19.740
helped me put together a presentation and we

00:31:19.740 --> 00:31:22.539
really, as a team, she helped prepare me for

00:31:22.539 --> 00:31:25.819
this, for this interview. did the interview,

00:31:26.279 --> 00:31:31.160
did the presentation, got the job. So now I've

00:31:31.160 --> 00:31:34.200
presented to an executive team successfully.

00:31:34.779 --> 00:31:36.420
So you get a little bit of confidence, right?

00:31:36.880 --> 00:31:39.720
Taking those small opportunities, at the time

00:31:39.720 --> 00:31:43.440
it seemed big, but in hindsight, small opportunities

00:31:43.440 --> 00:31:48.240
to present yourself in a good light to organizational

00:31:48.240 --> 00:31:50.609
leadership. But also to sort of stretch your

00:31:50.609 --> 00:31:53.529
comfort in your and your and in your and your

00:31:53.529 --> 00:31:56.029
self -imposed boundaries right to say no you

00:31:56.029 --> 00:31:59.049
can do this so once i did that i was like okay

00:31:59.049 --> 00:32:02.210
you know i don't feel like i do a lot of things

00:32:02.210 --> 00:32:04.609
now all of a sudden that i wasn't maybe so sure

00:32:04.609 --> 00:32:10.450
that i could do um so that was one um i left

00:32:10.450 --> 00:32:13.529
blue cross and went to the mississippi hospital

00:32:13.529 --> 00:32:16.950
association and they had created an hmo I had

00:32:16.950 --> 00:32:19.089
15 hospital members and they were going to build

00:32:19.089 --> 00:32:21.829
out an HMO and I was going to be one of the first

00:32:21.829 --> 00:32:25.509
employees. And my first day on the job, I had

00:32:25.509 --> 00:32:27.650
just completed my onboarding paperwork. They

00:32:27.650 --> 00:32:31.150
took me to a meeting, sat me in front of a hospital

00:32:31.150 --> 00:32:34.009
administrator who had a bunch of questions about

00:32:34.009 --> 00:32:35.490
what we were going to do and how we were going

00:32:35.490 --> 00:32:38.769
to do it. And they basically said, this is Mickey.

00:32:38.829 --> 00:32:41.970
He can answer all your questions day one. So

00:32:41.970 --> 00:32:44.150
again, you're just sort of shoved into, you know,

00:32:44.150 --> 00:32:48.740
into it. thinker swam and fortunately I swam,

00:32:48.960 --> 00:32:53.119
swam, swam. That's the right word. But again,

00:32:53.319 --> 00:32:57.339
you're sort of a person who runs a big hospital

00:32:57.339 --> 00:32:59.819
in Mississippi. You sit down with them and you

00:32:59.819 --> 00:33:04.819
have a good conversation. They're very happy

00:33:04.819 --> 00:33:07.880
with what you've shared with them. It gives you

00:33:07.880 --> 00:33:10.000
confidence. So again, you're, okay, I can do

00:33:10.000 --> 00:33:14.789
that. Then in that company, I met with the board

00:33:14.789 --> 00:33:16.730
every quarter and had to present to the board

00:33:16.730 --> 00:33:20.029
every quarter. So again, not, you know, not United

00:33:20.029 --> 00:33:22.069
Healthcare's board, but, you know, in a smaller

00:33:22.069 --> 00:33:25.190
scale, it's pretty important people. And you

00:33:25.190 --> 00:33:27.490
have that conversation. And so, you know, throughout

00:33:27.490 --> 00:33:30.450
my career, I've sort of reflected on those things

00:33:30.450 --> 00:33:33.109
and said, okay, you took another step. So you

00:33:33.109 --> 00:33:34.589
don't have to go back down, right? You don't

00:33:34.589 --> 00:33:36.569
have to go back down a step. Like you can, you

00:33:36.569 --> 00:33:38.890
can hold a conversation with a board of directors

00:33:38.890 --> 00:33:41.069
of a company. These are smart people, right?

00:33:41.329 --> 00:33:43.720
And you can hold your own. Okay. I don't have

00:33:43.720 --> 00:33:45.500
to worry about that anymore. So what's the next

00:33:45.500 --> 00:33:48.519
one? So I've sort of used those as building blocks.

00:33:49.579 --> 00:33:51.859
Went back to Blue Cross, had to build this network.

00:33:51.900 --> 00:33:54.359
So I had to meet with state regulators, state

00:33:54.359 --> 00:33:56.359
legislators. I presented to the Mississippi State

00:33:56.359 --> 00:34:01.700
Legislature. Again, another like petrified. Do

00:34:01.700 --> 00:34:04.420
the presentation. And you're like, I mean, it

00:34:04.420 --> 00:34:06.440
can't get any harder than that. I mean, these

00:34:06.440 --> 00:34:08.559
are all politicians and they all have they all

00:34:08.559 --> 00:34:10.780
had opinions. And, you know, they were all doing

00:34:10.780 --> 00:34:13.670
their political thing to make points. But you

00:34:13.670 --> 00:34:18.409
did a good job. So, okay, I can do that. And

00:34:18.409 --> 00:34:21.130
so I've tried to be conscious of those things,

00:34:21.150 --> 00:34:23.289
right? And I've looked for opportunities to stick

00:34:23.289 --> 00:34:26.449
myself in uncomfortable positions, right? After

00:34:26.449 --> 00:34:28.469
that very first one where my wife made me do

00:34:28.469 --> 00:34:30.469
it, I've looked for those opportunities, because

00:34:30.469 --> 00:34:35.130
you can see the development and the growth. I

00:34:35.130 --> 00:34:38.690
want to jump in here, Mickey, because, so a couple

00:34:38.690 --> 00:34:40.349
things. Hopefully you've thanked your wife up

00:34:40.349 --> 00:34:45.449
and down over the years for because in essence

00:34:45.449 --> 00:34:47.289
that shaped the trajectory of your career. And

00:34:47.289 --> 00:34:48.670
who knows where you would have been if you didn't

00:34:48.670 --> 00:34:51.829
take that interview. I'd still be sitting in

00:34:51.829 --> 00:34:54.389
that cubicle. No, I don't think that would have

00:34:54.389 --> 00:34:55.469
been the case. They probably would have gotten

00:34:55.469 --> 00:34:58.409
rid of me after a while. But no, I thank her

00:34:58.409 --> 00:35:00.429
every day. I mean, you know, and I think that's

00:35:00.429 --> 00:35:03.130
important, right? Even if you're not married,

00:35:03.130 --> 00:35:06.909
you need to have people in your life that are

00:35:06.909 --> 00:35:09.869
your hype man or your hype woman, right? People

00:35:09.869 --> 00:35:12.750
that believe in you and that believe you. Maybe

00:35:12.750 --> 00:35:14.389
believe in you more than yourself. It's always

00:35:14.389 --> 00:35:17.190
good to have those people in your life. The second

00:35:17.190 --> 00:35:21.710
piece takeaway, and I can now look anybody in

00:35:21.710 --> 00:35:24.429
the eye with absolute certainty and say that

00:35:24.429 --> 00:35:27.869
this is the most common theme amongst executives,

00:35:28.389 --> 00:35:31.070
is that every single person I've ever asked that

00:35:31.070 --> 00:35:32.670
question to, hey, what are the pivotal moments

00:35:32.670 --> 00:35:34.230
or why do you think you got to where you are?

00:35:34.650 --> 00:35:37.650
where you are today, say, also, I was willing

00:35:37.650 --> 00:35:40.190
to take risk. I got outside of my comfort zone.

00:35:40.289 --> 00:35:42.030
I took on challenge that I didn't know what the

00:35:42.030 --> 00:35:44.849
heck I was doing, but I figured it out. I gained

00:35:44.849 --> 00:35:47.449
some confidence. That created exposure, which

00:35:47.449 --> 00:35:50.269
then gave others more confidence to give me more

00:35:50.269 --> 00:35:52.610
responsibility. And here you are saying, hey,

00:35:52.650 --> 00:35:54.610
there's three different moments I can point to

00:35:54.610 --> 00:35:57.030
at least by the snap of a finger where I got

00:35:57.030 --> 00:35:59.150
outside my comfort zone. And then I started to

00:35:59.150 --> 00:36:00.889
do it on purpose because I knew it was good for

00:36:00.889 --> 00:36:04.809
me. Yeah, I mean, that's a great way of summarizing

00:36:04.809 --> 00:36:08.090
it. I mean, you know, the word that pops to mind

00:36:08.090 --> 00:36:10.710
is intentional. I mean, you have to be intentional,

00:36:10.969 --> 00:36:14.630
right? I want to step back and say there's nothing

00:36:14.630 --> 00:36:16.250
wrong with somebody who wants to do the same

00:36:16.250 --> 00:36:20.230
job for 30 years. I have no issue. Like, the

00:36:20.230 --> 00:36:22.489
world needs people that are completely happy

00:36:22.489 --> 00:36:25.630
doing what they're doing. But if you have goals

00:36:25.630 --> 00:36:28.309
that, you know, if you want to grow in an organization

00:36:28.309 --> 00:36:32.289
or grow in an industry, then you do have to challenge

00:36:32.289 --> 00:36:35.929
yourself, right? You do have to put yourself

00:36:35.929 --> 00:36:38.769
in uncomfortable positions. Not in positions

00:36:38.769 --> 00:36:41.309
you're not prepared for. Don't do anything rash.

00:36:41.750 --> 00:36:43.610
You don't go to the Mississippi State Legislature

00:36:43.610 --> 00:36:46.130
and you're not ready for it. You have to be honest

00:36:46.130 --> 00:36:48.929
with yourself. But if you're ready for it, then

00:36:48.929 --> 00:36:52.769
take it. Do it. Great experience. So, that's

00:36:52.769 --> 00:36:56.110
the way I think about it. So, we've got to wrap

00:36:56.110 --> 00:36:58.230
up shortly, but I've only got a couple other

00:36:58.230 --> 00:36:59.889
things that we absolutely have to ask you about.

00:36:59.909 --> 00:37:03.559
Okay. And that is, put yourself in the shoes

00:37:03.559 --> 00:37:05.940
of a director right now, who's a director of

00:37:05.940 --> 00:37:07.880
reimbursement, director of market access, whatever

00:37:07.880 --> 00:37:10.900
it may be. And they aspire to become a vice president.

00:37:11.000 --> 00:37:14.340
What do you think are the key differences in

00:37:14.340 --> 00:37:16.820
responsibility or mindset that maybe they're

00:37:16.820 --> 00:37:18.360
not necessarily prepared for, but they would

00:37:18.360 --> 00:37:21.639
like to be? Yeah, that's a great question because

00:37:21.639 --> 00:37:25.760
I've been in a lot of situations personally where

00:37:25.760 --> 00:37:27.900
you think you're ready for the next step, but

00:37:27.900 --> 00:37:33.449
the organization doesn't. Or, or you're questioning,

00:37:33.869 --> 00:37:36.909
how do I get ready for the next step? Um, you

00:37:36.909 --> 00:37:41.150
know, and I think the big difference is, um,

00:37:41.610 --> 00:37:44.670
the amount of information that you have to go

00:37:44.670 --> 00:37:46.690
through and the speed at which you have to go

00:37:46.690 --> 00:37:50.110
through it to get to a decision. Right. So, um,

00:37:50.110 --> 00:37:51.730
you know, as you, as you're, as you're down the

00:37:51.730 --> 00:37:54.829
organization, right, you have more time to assess

00:37:54.829 --> 00:37:59.150
that situation, the data, the facts. and come

00:37:59.150 --> 00:38:01.730
up with an idea by the time it gets to you as

00:38:01.730 --> 00:38:03.449
a vice president you have a general you don't

00:38:03.449 --> 00:38:06.050
have a lot of time. And you got a lot of people

00:38:06.050 --> 00:38:08.269
asking you a lot of questions you gotta be able

00:38:08.269 --> 00:38:13.329
to filter quickly and get to get to a decision

00:38:13.329 --> 00:38:16.690
and the thing that i would tell people as directors.

00:38:17.409 --> 00:38:19.429
If you're presenting to executives think about

00:38:19.429 --> 00:38:23.110
how executives want to see information. Right.

00:38:23.400 --> 00:38:25.159
If they ask you what time it is, don't build

00:38:25.159 --> 00:38:26.780
the clock for them. They trust that you know

00:38:26.780 --> 00:38:28.260
how to build it. They want to know what time

00:38:28.260 --> 00:38:30.920
it is. So give them the time. And if they have

00:38:30.920 --> 00:38:33.059
questions, be prepared to answer how you build

00:38:33.059 --> 00:38:36.219
the clock. But I think sometimes directors, when

00:38:36.219 --> 00:38:38.079
they're presenting to executives, which is how

00:38:38.079 --> 00:38:40.219
executives get an opportunity and exposure to

00:38:40.219 --> 00:38:44.019
you to see if you're ready, is they feel like

00:38:44.019 --> 00:38:47.440
they're in there justifying their opinion. They're

00:38:47.440 --> 00:38:49.619
justifying their bona fides. They're justifying,

00:38:49.679 --> 00:38:53.079
you know, Everything before they get to the recommendation

00:38:53.079 --> 00:38:55.880
and I would I would reverse it. You know, here's

00:38:55.880 --> 00:38:57.300
the problem. Here's what I think we should do.

00:38:57.300 --> 00:39:00.699
And here's why I think we should do it. And it

00:39:00.699 --> 00:39:01.980
might be the shortest meeting you ever had and

00:39:01.980 --> 00:39:04.539
be like, I guess smart or that or that that person

00:39:04.539 --> 00:39:07.800
is smart. But if you go in there and start building

00:39:07.800 --> 00:39:09.500
the clock, I mean, they're thinking about all

00:39:09.500 --> 00:39:12.239
the 10 ,000 other things they've got to do. So

00:39:12.239 --> 00:39:15.139
so cut to the chase. I think that's how people

00:39:15.139 --> 00:39:18.280
should think about preparing to be an executive,

00:39:18.280 --> 00:39:20.420
because that's what happens. I mean, you don't

00:39:20.400 --> 00:39:22.360
i don't have time to understand the clock like

00:39:22.360 --> 00:39:24.340
i heard you did i heard a bunch of really smart

00:39:24.340 --> 00:39:27.880
people to build the clock i just need the key

00:39:27.880 --> 00:39:31.119
data points that i need to make a decision um

00:39:31.119 --> 00:39:36.039
and if i have questions i shouldn't be uh you

00:39:36.039 --> 00:39:38.360
know fearful that i'm going to look bad by asking

00:39:38.360 --> 00:39:40.940
question i'm an executive i mean i i'm going

00:39:40.940 --> 00:39:43.619
to do that uh and so people should think about

00:39:43.619 --> 00:39:47.050
it that way right is think about Because in the

00:39:47.050 --> 00:39:48.409
end, I mean, the difference between somebody

00:39:48.409 --> 00:39:51.289
who is a very good director in an organization

00:39:51.289 --> 00:39:54.170
who's leading strategy to some level, who's driving

00:39:54.170 --> 00:39:57.969
people to results, that next step to vice president.

00:39:59.010 --> 00:40:01.929
I have this sort of personal view that like a

00:40:01.929 --> 00:40:04.730
vice president organization is 90 % future and

00:40:04.730 --> 00:40:09.369
10 % current, right? I'm looking ahead. I'm trying

00:40:09.369 --> 00:40:11.070
to figure out the next thing about 90 % of the

00:40:11.070 --> 00:40:16.989
time. A director's probably 60, 40. Right. They're

00:40:16.989 --> 00:40:20.329
thinking about the future a little bit and maybe

00:40:20.329 --> 00:40:23.090
40, 60 and the managers are almost day to day.

00:40:23.170 --> 00:40:25.510
Like I'm thinking about today. I drive my team.

00:40:25.929 --> 00:40:27.989
So I think about it that way. And so they need

00:40:27.989 --> 00:40:30.489
to be thinking, you know, what's, you know, a

00:40:30.489 --> 00:40:32.010
good director should be thinking about what's

00:40:32.010 --> 00:40:35.190
next and helping the vice president with that

00:40:35.190 --> 00:40:37.110
strategy. And that that's what prepares you.

00:40:37.329 --> 00:40:40.789
I think that's Awesome, awesome insight. I love

00:40:40.789 --> 00:40:42.969
what you said about making sure that you know

00:40:42.969 --> 00:40:45.170
your audience, not bogging them down with unnecessary

00:40:45.170 --> 00:40:47.809
detail, starting with the end in mind, hey, here's

00:40:47.809 --> 00:40:50.090
the problem, here's what we recommend, and then

00:40:50.090 --> 00:40:52.469
being able to field questions, because an executive

00:40:52.469 --> 00:40:54.050
will ask the questions they need to ask until

00:40:54.050 --> 00:40:56.469
they get to a level of comfort where they feel

00:40:56.469 --> 00:41:01.989
poised to sign off or make a decision. And a

00:41:01.989 --> 00:41:03.670
lot of the feedback that I've gotten over time

00:41:03.670 --> 00:41:06.050
too with interviews and stuff is, man, we got

00:41:06.050 --> 00:41:08.750
lost in the details. or they were either too

00:41:08.750 --> 00:41:12.710
vague or we got lost in the details or they aren't

00:41:12.710 --> 00:41:14.329
necessarily recognizing the audience in front

00:41:14.329 --> 00:41:16.769
of them. And you're right. Somebody with that

00:41:16.769 --> 00:41:18.630
much responsibility has so many things on their

00:41:18.630 --> 00:41:21.170
mind and they need to think quickly and they

00:41:21.170 --> 00:41:23.829
need to react quickly. So give them the juice

00:41:23.829 --> 00:41:26.510
of what they need and kind of leave the peripheral

00:41:26.510 --> 00:41:28.250
stuff unless they ask for it. It makes a lot

00:41:28.250 --> 00:41:32.079
of sense. And if you don't... if you start building

00:41:32.079 --> 00:41:34.380
the clock, you're not going to get to your recommendation

00:41:34.380 --> 00:41:35.639
because there are going to be so many questions

00:41:35.639 --> 00:41:38.260
about how the clock's built, right? I mean, you

00:41:38.260 --> 00:41:41.840
know, so I think I tend to think do it in reverse

00:41:41.840 --> 00:41:45.639
the way that most people typically do it. What

00:41:45.639 --> 00:41:47.800
makes an outstanding reimbursement or a market

00:41:47.800 --> 00:41:50.239
access professional in your mind, like a true

00:41:50.239 --> 00:41:52.719
outlier versus kind of like the run of the mill

00:41:52.719 --> 00:41:59.940
path? I mean, somebody that's always thinking

00:41:59.940 --> 00:42:04.159
of new ways to attack the problem, right? You're

00:42:04.159 --> 00:42:06.139
going to, okay, we want to get this pair to change

00:42:06.139 --> 00:42:10.000
their policy, we're going to do this. But almost,

00:42:10.659 --> 00:42:13.079
and without fail, that's not going to work. Whatever

00:42:13.079 --> 00:42:16.199
that first strategy is not, or was, is not going

00:42:16.199 --> 00:42:18.400
to work. So you need to almost build in pivot

00:42:18.400 --> 00:42:20.059
points, like, so when that doesn't work, we're

00:42:20.059 --> 00:42:21.420
going to do this. When that doesn't work, we're

00:42:21.420 --> 00:42:23.539
going to do that. So the person that thinks that

00:42:23.539 --> 00:42:28.690
way, who has backup plans, plan B, plan C, I

00:42:28.690 --> 00:42:34.570
think is better than the average reimbursement

00:42:34.570 --> 00:42:37.889
person, market access person. And then a person

00:42:37.889 --> 00:42:43.989
who is driven, right? So the worst thing that

00:42:43.989 --> 00:42:46.090
you can have on your team is someone who's like,

00:42:46.190 --> 00:42:50.880
yep, they said no. They said, no, but here's

00:42:50.880 --> 00:42:52.599
what I'm going to do. I'm going to continue.

00:42:52.719 --> 00:42:55.219
I mean, it's probably not dissimilar to salespeople

00:42:55.219 --> 00:42:58.340
in terms of the energy, right? You're going to

00:42:58.340 --> 00:43:01.239
get a lot of nos, but you got to keep fighting

00:43:01.239 --> 00:43:04.860
for some yeses. And so having that internal drive,

00:43:06.699 --> 00:43:09.719
you know, for me personally, I don't want somebody

00:43:09.719 --> 00:43:12.659
who calls me after every failure and says, what

00:43:12.659 --> 00:43:16.070
should I do now? Call me and tell me it didn't

00:43:16.070 --> 00:43:17.630
work. And what do you think you're going to do?

00:43:17.630 --> 00:43:19.230
And I might throw in a different strategy, but

00:43:19.230 --> 00:43:21.429
don't come to me for all the answers, right?

00:43:21.909 --> 00:43:23.469
Pick up some on your own. So that's the kind

00:43:23.469 --> 00:43:25.909
of person. So it's sort of the intangibles, I

00:43:25.909 --> 00:43:28.909
guess. I mean, it's not a particular education

00:43:28.909 --> 00:43:34.889
necessarily. It's more that inner drive. I was

00:43:34.889 --> 00:43:37.010
just going to say, you can't teach that. That's

00:43:37.010 --> 00:43:40.389
innate. And that's why there's awesome salespeople

00:43:40.389 --> 00:43:43.840
too, right? continue to grind are tenacious.

00:43:43.900 --> 00:43:47.119
They see the bigger why. They've got tough, callous

00:43:47.119 --> 00:43:49.039
skin, and they understand that this is just part

00:43:49.039 --> 00:43:51.579
of the game. And I think that's probably why

00:43:51.579 --> 00:43:54.219
you see so many people go on from sales to get

00:43:54.219 --> 00:43:56.099
into market access and be successful, because

00:43:56.099 --> 00:43:58.079
that's their foundation. That's who they are.

00:43:58.340 --> 00:44:01.980
Right. This is awesome, man. I can't thank you

00:44:01.980 --> 00:44:03.860
enough for being here. You've dropped a ton of

00:44:03.860 --> 00:44:06.320
nuggets today. What are you excited about at

00:44:06.320 --> 00:44:10.719
Serapetix right now? What's going on? I think

00:44:10.719 --> 00:44:12.659
we're a company that's poised to do some really

00:44:12.659 --> 00:44:15.360
good things. We've got a product on the market.

00:44:15.440 --> 00:44:16.820
It's been on the market for a number of years.

00:44:16.820 --> 00:44:19.099
It continues to grow, which is nice in orthopedic

00:44:19.099 --> 00:44:23.019
space. And then a new product with the FDA waiting

00:44:23.019 --> 00:44:26.440
on their approval. And so launching the new product

00:44:26.440 --> 00:44:29.960
is exciting. But a product that's been on the

00:44:29.960 --> 00:44:33.420
market for six years and continues to grow is

00:44:33.420 --> 00:44:36.260
a nice place to be. So I think there's a lot

00:44:36.260 --> 00:44:38.659
of things exciting about therapeutics right now.

00:44:39.589 --> 00:44:43.849
but primarily those two factors. Great stuff,

00:44:43.969 --> 00:44:45.429
man. Well, like all the other shows, if you're

00:44:45.429 --> 00:44:47.170
okay with it, what we'll do in the show notes

00:44:47.170 --> 00:44:50.269
is put a link to your LinkedIn profile and a

00:44:50.269 --> 00:44:52.909
link to Serapetix and encourage anyone who is

00:44:52.909 --> 00:44:55.250
intrigued to reach out and learn more to do so.

00:44:55.570 --> 00:44:58.429
That would be great. Thank you, Mitch. All right.

00:44:58.829 --> 00:45:00.710
Mickey, thanks so much for being here and for

00:45:00.710 --> 00:45:02.090
all the gold that you shared today. I really

00:45:02.090 --> 00:45:04.210
do appreciate it. Well, thanks for the invitation.

00:45:04.389 --> 00:45:06.050
I really appreciate it. I've enjoyed the conversation.

00:45:07.400 --> 00:45:10.679
Thanks for listening to the MedTech Talent Lab

00:45:10.679 --> 00:45:14.719
Podcast. For more content -rich episodes, log

00:45:14.719 --> 00:45:18.760
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00:45:18.760 --> 00:45:21.960
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