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Health:Further

Health:Further

De : Marcus Whitney & Vic Gatto
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Every week, healthcare VCs and Jumpstart Health Investors co-founders Vic Gatto and Marcus Whitney review and unpack the happenings in US Healthcare, finance, technology and policy. With a firm belief that our healthcare system is doomed without entrepreneurship, they work through the mud to find the jewels, highlight headwinds and tailwinds, and bring on the smartest guests to fill in the gaps.

© 2025 Health:Further
Economie Hygiène et vie saine
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  • Jensen Out at Nvidia, Anthropic's Record IPO & the Three Ds of Competing With AI
    Nov 13 2026
    Marcus and Vic open on a week that refused to calm down. They start with the Treasury selloff, stubborn inflation, and rising jobless claims, then run through the deal flow: J&J-backed Delix's $100M raise for a non-hallucinatory psychedelic, Calley Means on Joe Rogan and why psychedelics face so little lobbying resistance, Neurosterix's schizophrenia trial and Oura's $625M purchase of Counsel Health. On policy, they cover CMS's 340B and site-neutral cuts, the 2027 physician pay cut, the FDA pausing its priority voucher pilot and the coming PBM transparency mandates, plus what Democrats might realistically roll back from HR 1. Health systems brace for Medicaid work rules, ER patients wait 24 hours in hallways and providers start suing employers over out-of-network bills. In pharma, Pfizer and Blackstone place a $1.5B GLP-1 bet as the FDA adds a vision-loss warning, alongside new prostate screening guidance for men turning 50 and a $270M bank-backed stablecoin. The back half turns to AI: Jensen Huang's resignation from Nvidia, whether tech companies are outgrowing nation-states, Anthropic's record IPO, and how founders can stay below the frontier labs' ambition threshold using Vic's three Ds of data, distribution, and downside, before closing on Google's Gemini for Healthcare. With insights into market trends, policy changes, and technological innovations shaping the future of health and money.Chapters0:00 Introduction: a week that would not calm down1:42 Treasury selloff accelerates as rate-hike pressure builds ↳https://www.wsj.com/economy/central-banking/treasury-yields-rise-as-fed-rate-hike-expectations-remain-strong-401fed892:26 Stubborn inflation and a longer Fed tightening campaign ↳https://www.axios.com/2026/11/12/inflation-rates-fed-iran-tariffs3:50 Jobless claims rise more than expected ↳https://www.wsj.com/economy/jobs/u-s-jobless-claims-rise-more-than-expected-in-the-week-c1651a1c4:22 J&J-backed Delix raises $100M for a non-hallucinatory psychedelic ↳https://www.fiercebiotech.com/biotech/delix-drums-100m-its-non-hallucinatory-psychedelic-therapy-depression4:43 Calley Means, Joe Rogan and the MAHA lobbying debate7:09 Why psychedelics face little lobbying resistance7:51 Neurosterix raises $105M for a phase 2 schizophrenia trial ↳https://www.fiercebiotech.com/biotech/addex-spinout-neurosterix-raises-105m-series-b-fund-phase-2-schizophrenia-trial8:25 Oura acquires Counsel Health for $625M ↳https://www.healthcaredive.com/news/oura-makes-bet-on-ai-in-healthcare-with-625m-counsel-health-buy/874401/9:41 Medicare cuts 340B and expands site-neutral payments ↳https://www.healthcaredive.com/news/medicare-will-cut-billions-from-340b-expand-site-neutral-payments-in-2027/873846/11:07 What Democrats could roll back: work requirements and ACA subsidies12:31 Medicare finalizes a 2.3% physician pay cut for 2027 ↳https://www.healthcaredive.com/news/medicare-finalizes-physician-pay-cut-for-2027/873862/13:32 FDA pauses its national priority voucher pilot ↳https://www.fiercebiotech.com/pharma/fda-appears-pause-controversial-speedy-review-program-complete-response-letter-disclosures14:29 PBMs face new transparency mandates ↳https://www.modernhealthcare.com/insurance/mh-pbm-transparency-rules-cvs-optum-cigna16:14 Hospitals brace for Medicaid work rules and funding cuts ↳https://www.nytimes.com/2026/11/11/business/hospitals-medicaid-cuts.html17:25 ER crowding: 24 hours in the hallway ↳https://www.wsj.com/health/healthcare/hospitals-are-so-crowded-patients-spend-24-hours-in-the-e-r-hallways-b9fe2e4d18:43 Providers start suing employers over out-of-network bills ↳https://www.statnews.com/2026/11/11/no-surprises-act-phi-health-air-ambulance-sues-employers/20:48 Pfizer and Blackstone's $1.5B GLP-1 bet ↳https://www.wsj.com/health/pharma/pfizer-signs-1-5-billion-deal-with-blackstone-to-fund-weight-loss-drug-development-b6b08b5d21:32 FDA warns of a rare vision-loss risk on GLP-1s ↳https://www.wsj.com/health/pharma/u-s-regulators-warn-glp-1-drugs-carry-possible-rare-blindness-risk-c36a456422:49 Turning 50: new prostate screening guidance ↳https://www.wsj.com/health/turning-50-prostate-screenings-arent-optional-anymore-cancer-society-says-412f5e2c23:49 Big banks commit $270M to the Project Faro stablecoin ↳https://www.coindesk.com/business/2026/11/10/goldman-sachs-citi-among-banks-said-to-commit-usd270-million-to-stablecoin-venture25:31 Jensen Huang resigns as Nvidia CEO ↳https://www.axios.com/2026/11/12/nvidia-jensen-huang-out29:30 What Nvidia looks like without its founder31:18 Are tech companies outgrowing nation states?32:36 Can you replace a founder? Nvidia vs. Apple after Jobs35:03 Anthropic seeks a record $88.5B in its IPO ↳https://news.crunchbase.com/ai/anthropic-record-ipo-ant-public-market-debut-spcx/37:06 Staying below the frontier labs' ambition threshold39:30 Unreleased models and the push into drug discovery41:09 Vic's three Ds: data, distribution and downside43:55 Google ...
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    46 min
  • 214 - The Blue Tsunami: What the Midterm Rout Means for Healthcare
    Nov 6 2026

    In this special election episode, Marcus and Vic set aside the usual news rundown to unpack a week that changed the political landscape. They start with CVS's plan to split Aetna and Caremark from its retail pharmacies and why the payvider model may have hit a wall as premiums outpace inflation and employers sue UnitedHealth. Then they dig into the midterm blue wave: Texas electing Democrat Gina Hinojosa as governor, the influencers mainstream media overlooks, Marcus's map of the fractured Republican coalition and the factions that formed the Democrats' big tent, and whether that tent can hold until 2028. From there, they ask what a Democratic health agenda could realistically look like: healthcare as 30% of the federal budget, the renewed case for Medicare for All, the debt spiral, AI's outsized share of GDP growth and the $2 trillion market sell-off, and why Medicaid work requirements and ACA subsidies may be the wins that matter most before closing on what the shift means for Anthropic's IPO. With insights into market trends, policy changes, and technological innovations shaping the future of health and money.


    Chapters


    0:00 Introduction: what a difference a week makes


    1:20 Rewriting Marcus's keynote overnight


    5:09 Why political shifts can't fix the debt cycle


    7:04 CVS plans to separate into two companies ↳

    https://www.sec.gov/Archives/edgar/data/0000064803/000119312526446150/d148827dex991.htm


    8:14 Family health premiums vs. inflation since 2000


    9:40 Employers sue UnitedHealth


    10:58 Has the payvider model hit a wall?


    12:42 The blue tsunami: election night reactions


    13:46 Texas flips: Governor-elect Gina Hinojosa


    14:22 What eroded Trump's base this year


    15:24 Young men swing 30% and the voices mainstream media misses


    16:34 The tech right alignment and the MAGA fracture


    20:32 The fractured factions of the Republican Party


    27:11 The factions that formed the Democrats' big tent


    28:13 Healthcare and science professionals run for office


    29:44 Red-state and suburban moderates: Talarico and Turek


    31:56 The progressive left: Sanders and El-Sayed


    33:38 The DSA's rise and AOC's renewed membership


    35:49 Zohran Mamdani's role in energizing the party


    36:33 Can the big tent hold until the 2028 primaries?


    37:35 What a Democratic health agenda could look like


    38:13 Healthcare is 30% of the federal budget


    39:40 The case for Medicare for All, and the pushback


    43:57 Medicare for All and the GENIUS Act as irreversible plays


    45:31 The debt spiral: 10-year yields vs. the CBO baseline


    46:26 AI's share of GDP growth


    47:14 The $2 trillion sell-off as a message to Democrats


    49:27 Regulate, slow or pause AI?


    52:34 Why healthcare stays a strong market under either party


    53:23 What can pass: Medicaid work requirements and ACA subsidies


    57:43 What the election means for Anthropic's IPO


    #Midterms2026 #HealthPolicy #CVSHealth #Aetna #PBM #UnitedHealth #MedicareForAll #Medicaid #ACA #FederalDebt #AI #Anthropic #Healthcare #HealthFurther


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    1 h et 1 min
  • 213 - Debt Hits 100% of GDP, HCA Bleeds on ACA Losses & Is Anthropic the Next Meta?
    Oct 30 2026
    In this episode, Marcus celebrates Nashville SC’s Supporters’ Shield and he and Vic dig into federal debt hitting 100% of GDP, accelerating inflation and a Fed holding steady before the midterms, new raises for ClarityCare and Midstream Health, the PBM transparency rule, Medicaid work requirements, RFK Jr. greenlighting unapproved peptides, Centene’s layoffs, big tech’s prior auth pledge, HCA’s ACA losses versus Tenet’s beat, UHS’s soft volumes, Bon Secours’ $5.7B bid for Surgery Partners, Risant’s Integris deal, Lilly’s retatrutide win and 39% revenue growth, the ChatGPT seizure medication lawsuit, DTCC’s tokenization launch, Anthropic’s IPO prospectus, Doximity’s dosing study, and how AI quietly shapes expert judgment with insights into market trends, policy changes, and technological innovations shaping the future of health and money.Chapters0:00 Introduction3:17 Federal debt hits 100% of GDP for the first time since 1946 ↳https://www.wsj.com/economy/federal-debt-hits-100-of-gdp-585d3cb06:05 PCE inflation accelerates in September ↳https://www.wsj.com/economy/central-banking/pce-inflation-accelerated-last-month-5f72a43f6:37 Fed holds rates as Cook and Hammack dissent in favor of a hike ↳https://www.wsj.com/economy/central-banking/federal-reserve-interest-rate-decision-df1206677:57 ClarityCare raises $16.5M to speed up prior authorizations ↳https://medcitynews.com/2026/10/claritycare-raises-16-5m-to-speed-up-prior-authorizations/8:58 Midstream Health secures $20M for its health system financial operations AI platform ↳https://www.modernhealthcare.com/health-tech/ai/mh-tracking-ai-healthcare-live-updates9:48 PBMs face new transparency mandates under Labor Department rule ↳https://www.modernhealthcare.com/politics-regulation/mh-labor-department-pbm-transparency-rule10:51 Court voids CMS's Medicaid medical frailty work requirement policy ↳https://www.modernhealthcare.com/politics-regulation/mh-court-cms-medicaid-medical-frailty12:06 RFK Jr. allows unapproved peptides on the market ↳https://www.wsj.com/health/healthcare/rfk-jr-allows-unapproved-peptides-on-the-market-9cf4a6d315:44 Centene progresses on profit recovery, cuts 6,000 jobs ↳https://www.healthcaredive.com/news/centene-progresses-profit-recovery-cuts-workforce-by-6k/872816/16:46 Five major companies pledge faster electronic prior authorizations ↳https://www.healthcaredive.com/news/five-major-companies-pledge-faster-electronic-prior-authorizations/833848/18:40 HCA's bottom line suffers as ACA coverage losses mount ↳https://www.healthcaredive.com/news/hcas-bottom-line-suffers-aca-coverage-losses-mount/873032/20:52 Tenet sails past Q3 earnings estimates, boosts 2026 guidance ↳https://www.fiercehealthcare.com/providers/tenet-healthcare-sails-past-q3-earnings-estimates-boosts-2026-guidance22:28 Softer surgery volumes dampen UHS's Q3 earnings ↳https://www.healthcaredive.com/news/softer-surgery-volumes-hospital-woes-dampened-uhs-q3-earnings/873190/23:58 Bon Secours affiliate makes $5.7B bid for Surgery Partners ↳https://www.healthcaredive.com/news/bon-secours-affiliate-5-7-billion-bid-surgery-partners/872887/25:49 Risant Health to acquire Integris Health ↳https://www.modernhealthcare.com/mergers-acquisitions/mh-risant-health-integris-kaiser-permanente29:19 Lilly's triple-G drug retatrutide tops Ozempic in head-to-head trial ↳https://medcitynews.com/2026/10/eli-lilly-retatrutide-type-2-diabetes-glp-1-gip-glucagon-metabolic-ozempic-lly/30:51 Eli Lilly's revenue climbs on demand for obesity drugs ↳https://www.wsj.com/health/pharma/eli-lilly-revenue-climbs-on-demand-for-mounjaro-zepbound-a6d810a531:53 Family blames ChatGPT after woman stops her seizure medication ↳https://gizmodo.com/a-woman-asked-chatgpt-how-to-get-off-her-seizure-meds-her-family-says-it-killed-her-200083259136:41 DTCC brings $30 trillion in securities closer to blockchain with major banks ↳https://www.coindesk.com/business/2026/10/28/wall-street-backbone-dtcc-brings-usd30-trillion-securities-closer-to-blockchain-with-major-banks38:00 The biggest takeaways from Anthropic's IPO prospectus ↳https://www.wsj.com/risk-compliance-journal/the-morning-risk-report-the-biggest-takeaways-from-anthropics-ipo-prospectus-f786ea5e49:01 Popular AI models get medication doses wrong, some dangerously ↳https://www.healthcaredive.com/news/popular-ai-models-get-medication-doses-wrong-some-dangerously-doximity/873207/51:14 Anthropic study finds expert judgment can be easily hacked by AI ↳https://gizmodo.com/expert-judgement-can-be-easily-hacked-by-ai-anthropic-study-finds-2000832143#HealthPolicy #FederalReserve #PBMTransparency #Medicaid #Peptides #PriorAuthorization #MedicareAdvantage #ACA #ProviderConsolidation #EliLilly #GLP1 #Pharma #Tokenization #HealthTech #AI #Anthropic #Healthcare #HealthFurther
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    1 h et 2 min
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