121. How Physicians Get Paid & The Economics of Medicine | Christopher Standaert, MD

Christopher Standaert, MD, is a physiatrist and is board-certified in physical medicine and rehabilitation, and electrodiagnostic medicine. He is an associate professor at the University of Pittsburgh School of Medicine and is the vice chair of outpatient services. He received his medical degree from Harvard Medical School and completed his residency at the University of Washington, followed by his fellowship at Pioneer Spine and Sports Physicians. Dr. Standaert’s clinical focus is on the non-operative management of spine and neuromusculoskeletal conditions. He takes a very patient-centered approach to care, trying hard to identify the issues behind an individual's pain or injury and helping them understand this. He believes that knowledge is empowering, and he works with a wide range of providers to help his patients regain or optimize their ability to pursue meaningful activities in their lives. Throughout his career, Dr. Standaert has worked extensively on health policy issues at state and national governmental levels as well as for multiple professional medical associations and hospital systems. In this episode, we discuss: Dr. Standaert's background Current reimbursement model in healthcare Fee for Service vs. Value-based care Using data to leverage patient selection and treatment selection with the help of technology Resources mentioned in the show: Michael Porter's Value-Based Deliver Course Curriculum Study Evaluating Subspecialty Interest In PM&R - Yang et al.