The Brutal Reality of Healthcare Budgets | Dr David Montgomery Part 4

This podcast honours the NHS: its people, its purpose, its power.The Visionary Podcast is Sponsored by Dietapplements – Your Pure, Clean-label Supplements: https://www.dietapplements.com/Guest - Dr David Montgomery | Co-Founder & Director at PM Life Sciences ConsultingDr David Montgomery is a medical doctor with experience across the pharmaceutical industry, the NHS, and the charity sector, with a strong interest in healthcare policy and market access. Passionate about improving how the healthcare system works and bringing people together to drive positive change, he co-founded PM Life Sciences with Dr Sheuli Porkess to support small healthcare companies, startups, and biotech organisations to commercialise innovation and overcome policy barriers to better health outcomes.Host/Podcaster: Hala AliChapters:00:00:00 - Introduction00:00:49 - Science, Economics, and Healthcare00:02:06 - Role of the Pharmaceutical Industry00:03:14 - Cost of Medicine and Profit00:05:26 - Challenge of Rare Diseases00:07:01 - Impact of Government Decisions on Healthcare00:08:33 - Importance of Subscribing00:08:50 - Dilemma of UK's Research and Development00:10:05 - Challenge of New Drugs and Treatments00:10:22 - Issue of Slow Uptake and Patchy Uptake00:11:44 - Challenge of Optimal Utilisation00:13:39 - Issue of Rare Diseases in the UK00:15:28 - Challenge of Innovation in Healthcare00:15:45 - Issue of Complex Therapies for Rare Diseases00:16:19 - Hope for Future Healthcare Innovation00:16:57 - Dilemma of Dementia Treatment00:17:45 - Importance of Prevention in Healthcare00:18:43 - Sad Reality of Medical Progress00:19:19 - Aspiration for Better Future Health Outcomes00:19:54 - Challenge of Equity in Access to Medicines00:20:03 - Ethical Dilemma of Free Drug Programs00:21:28 - Importance of Following Regulatory Process00:21:55 - Moral Dilemma of Early Access to Medicines00:22:24 - Risks of Not Following the Regulatory ProcessFollow David:Website - https://www.pmlifesciences.com/LinkedIn - https://www.linkedin.com/in/david-montgomery-ba374025/Explore the podcast: https://www.youtube.com/playlist?list=PLeFXRuOQ6z8r12D9L8f0lyOYAxdOZRWzYMusic: Chopin - Piano Concerto no. 1 in E minor, Op. 11 - III. Rondo – Vivace (String Quintet arr.)Disclaimer: The Visionary Podcast features conversations with health professionals purely for educational and informational purposes. There is no financial exchange between the podcast and its guests. All views expressed are those of the health professionals and do not constitute medical advice.