Brave Care Has Closed
bravecare.com
Brave Care Has Closed
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Re: Brave Care Has Closed
#2Kudos to their founders and team for trying to disrupt this space.
https://www.ycombinator.com/companies/brave-care
https://www.bizjournals.com/portland/news/2021/10/07/brave-c... | https://archive.today/Qd8fQ
https://techcrunch.com/2019/09/09/yc-backed-brave-care-raise...
Re: Brave Care Has Closed
#3Given the highly escalating price of medical care, it's astounding that a provider that isn't required by federal law to provide no-cost indigent care can go bankrupt.
[1] makes it sound like they were assuming a never-ending stream of venture funding and didn't make a sustainable business. It'd be interesting to see where the money went.
[1] https://www.oregonlive.com/business/2022/09/portland-pediatr...
Re: Brave Care Has Closed
#4Kudos to their founders and team for trying to disrupt this space. https://www.ycombinator.com/companies/brave-care https://www.bizjournals.com/portland/news/2021/10/07/brave-c... | https://archive.today/Qd8fQ https://techcrunch.com/2019/09/09/yc-backed-brave-care-raise...
Very difficult to disrupt American healthcare when health insurance companies determine your rates, direct pay patients often the most vulnerable, and instead of focusing on patient care you have to focus on stupid administrative tasks to deal with different types of health insurance plans/pharmacy benefit managers/vendors.
Thanks to decades of neo-liberalism (the idea of deregulation and "free market" economy). Americans have allowed corporations to form massive entities (in health insurance, UHC + optum bank + optima rx comes to mind) to the point of manipulating the price to their advantage. Then you have to deal with some companies that deny a majority of your claims in hopes that you (the patient and/or healthcare provider) give up (delay, deny, defend policies) or pay out of pocket for treatment.
American healthcare industry is a fucking mess.
Re: Brave Care Has Closed
#5I never used this service but based on their site. It's aimed at pediatric care?
With the decline in birth rates in the US, didn't seem like a sustainable model from the get go.
Re: Brave Care Has Closed
#6Given the highly escalating price of medical care, it's astounding that a provider that isn't required by federal law to provide no-cost indigent care can go bankrupt. [1] makes it sound like they were assuming a never-ending stream of venture funding and didn't make a sustainable business. It'd be interesting to see where the money went. [1] https://www.oregonlive.com/business/2022/09/portland-pediatr...
"federal law to provide no-cost indigent care"
Could you explain "indigent" here, please. It looks like a typo.
Re: Brave Care Has Closed
#7Given the highly escalating price of medical care, it's astounding that a provider that isn't required by federal law to provide no-cost indigent care can go bankrupt. [1] makes it sound like they were assuming a never-ending stream of venture funding and didn't make a sustainable business. It'd be interesting to see where the money went. [1] https://www.oregonlive.com/business/2022/09/portland-pediatr...
"federal law to provide no-cost indigent care" Could you explain "indigent" here, please. It looks like a typo.
They mean providing care to poor people.
Re: Brave Care Has Closed
#8Given the highly escalating price of medical care, it's astounding that a provider that isn't required by federal law to provide no-cost indigent care can go bankrupt. [1] makes it sound like they were assuming a never-ending stream of venture funding and didn't make a sustainable business. It'd be interesting to see where the money went. [1] https://www.oregonlive.com/business/2022/09/portland-pediatr...
"federal law to provide no-cost indigent care" Could you explain "indigent" here, please. It looks like a typo.
Any homeless person can walk into an ER and get care. What will happen to the bills?
Effectively it is no cost care for those who are sufficiently poor.
Re: Brave Care Has Closed
#9Kudos to their founders and team for trying to disrupt this space. https://www.ycombinator.com/companies/brave-care https://www.bizjournals.com/portland/news/2021/10/07/brave-c... | https://archive.today/Qd8fQ https://techcrunch.com/2019/09/09/yc-backed-brave-care-raise...
Very difficult to disrupt American healthcare when health insurance companies determine your rates, direct pay patients often the most vulnerable, and instead of focusing on patient care you have to focus on stupid administrative tasks to deal with different types of health insurance plans/pharmacy benefit managers/vendors. Thanks to decades of neo-liberalism (the idea of deregulation and "free market" economy). Amer…
Re: Brave Care Has Closed
#10Kudos to their founders and team for trying to disrupt this space. https://www.ycombinator.com/companies/brave-care https://www.bizjournals.com/portland/news/2021/10/07/brave-c... | https://archive.today/Qd8fQ https://techcrunch.com/2019/09/09/yc-backed-brave-care-raise...
Very difficult to disrupt American healthcare when health insurance companies determine your rates, direct pay patients often the most vulnerable, and instead of focusing on patient care you have to focus on stupid administrative tasks to deal with different types of health insurance plans/pharmacy benefit managers/vendors. Thanks to decades of neo-liberalism (the idea of deregulation and "free market" economy). Amer…
... are you joking?
Healthcare is one of the most regulated industries in the United States.
Want to be a doctor? You've got the aptitude, the knowledge, the mindset, and the will, but a government-guaranteed cartel of medical schools won't let you in, so too damn bad. Learn to code.
Want to open a clinic? You really only need about a half-million in hardware to operate at the level of a 1980s hospital, but regulatory compliance will push your annual opex into the millions as a baseline, not to mention having to deal with the nightmare that is health insurance.
Those "massive entities" you mentioned are entirely protected from competition by force of law.
You know why healthcare used to be cheap? Nobody had insurance.
Anyone that had the aptitude and wanted to be a doctor basically could.
You went to the hospital, paid your bill, and that was that.
I'm not saying "zero regulation, caveat emptor!", but over the past hundred years, the precise opposite of "deregulation" has happened across every aspect of American life.