Adam E Block (The Charming Economist)

Charm Economics is #hiring Charm Economics is a health economics practice based in NY, focused on providing ROI analytics for growing digital health startups. Charm Economics is 4 years old, with revenue and staff size doubling every 2 years. charmeconomics.com/consultant-des…

Congratulations to the School of Medicine Class of 2023! #NYMCgrad

@YFeyman What do you mean “turns out”?

@ericbkennedy Super condescending tweet! It implies that all of us 99% plus of the world that do not mask indoors do not care about others. There are tradeoffs to masking and implying otherwise is completely disingenuous.

@AribaPay please help, I am AN11172091093 and I need to enroll in AribaPay but hit a dead end. I called four different numbers and nobody can help. I hope Twitter can help!

@StuartBlitz @lexbyanyname Got the same one two years ago for my then six year old. Two years into piano lessons later we are both very happy.

@lexbyanyname We got this for our 8 year olds? My wife did a bunch of research and concluded this one. I had no idea. amazon.com/gp/product/B07…

looking for a portable electronic keyboard for the kid who wants to learn piano. i don't know anything whatsoever about music. any suggestions? ideally want something he can use for awhile.

@DrJBhattacharya @joshrauh In March 2020 nobody knew the path this was going to take. It could have been 100x more virulent. We know the impact now but policy was dealing with uncertainty. That was the correct driver for spring 2020 closures. Uncertainty arguments dissipated by summer/fall 2020. Sorta.

@joshrauh Thanks for this post, Josh. It was frustrating to see economists fail to do the one job we're really qualified for -- call out costs, even when it's unpopular to do so. collateralglobal.org/article/lockdo…

Fauci in NYT deflecting blame: "I'm not an economist... we looked at it from a purely public-health standpoint." So where were the economists in 2020? Most were agreeing with lockdowns. This is a spectacular failure. igmchicago.org/surveys/policy…

@StuartBlitz Three letters. R.O.I.

Every startup should be able to clearly explain their business in 3 words - every single one. If you can’t, try harder.

@NWischoff @paramendra Happy for @charmeconomics to help with diligence. That is what we do!

@paramendra doing it right now and we will see - would be nice to have a little wischoff ventures army to spice things up

Has never been easier to build a successful venture firm with a single full time employee. Few have done this. More will.

@StuartBlitz I would like to see some proof that it works. Meaning a receipt with a corporate discount code on it. Sounds like something that works in theory.

My travel hack is to call the front desk at a hotel 1 day before arrival and say you’re meeting whatever the biggest company is in the area. They’ll give you their corporate discount 70% of the time.

@YFeyman Again spoken like an economist not a policy maker. I challenge you to run a Congressional campaign in a blue state and oppose the SALT deduction. Even my Congressman, Republican George Santos supports SALT. It was his first introduced bill.

@StuartBlitz Airtrain from JFK does that. If you count Jamaica Queens as “the city”, which it is. If you don’t, you transfer to the LIRR which comes every five minutes and takes 20 min to either Penn Station or Grand Central, 13 miles. Newark is similarly easy. La Guardia is the outlier.

Pretty cool: * Landed in NYC, arrived early too * Walked right out of baggage claim to a dedicated train to city * Comes every 10 minutes, trip takes 15-20 mins Oh wait - no this was only a dream.

@YFeyman Spoken like an economist. Except SALT helps blue states.

@drmanejwala @healthcareandy Disagree there. There are higher cost providers who do not provide higher quality of care. If they can be excluded, the plan can price cheaper and provide the same quality. So I think network differentiation is an area where plans and optimizers can shine.

@healthcareandy the idea of “we have a better network, we have better providers, better access.” All kinds of ways to game that, but differentiating network is something everyone wants and almost nobody can do. Vendors convince customers they can do it, then lose contracts when they can’t.

What areas of digital health / health tech are over-hyped? Genuinely interested in your responses.

Grateful to spend some time this afternoon talking w/ reporters from across the country about @POTUS proposal to keep Medicare alive for future generations and health care affordable for the millions of Americans who spent their whole lives paying in to Medicare every working day

@physiciansguide @DrJenGunter The Covid vaccine would lead to herd immunity.

Can my medical folks think of a therapy or disease model that seemed really biologically plausible, but when studied well, turned out to be wrong?

@ntepper90 @modrnhealthcr Let me get my checkbook.

Bright Health is on the hunt for new financing after overdrawing its credit limit by $200M 👀👀👀 bit.ly/3xYCiuB via @modrnhealthcr #healthcare $BHG

@KrutikaAmin @JaredOrtaliza @cynthiaccox @jeanniebin @tricia_neuman @RRudowitz Thank you! For those of us who do ROI work, understanding margins by line of business is super helpful. You can look forward to many citations in my team’s proprietary work in the future.

@PaulNWilliamz Obviously you did not see Idiocracy and the success of AI as a complete replacement for physician judgment.

@dvasishtha True, contingent on that person having infinite hours per day.

The funny thing about digital health companies is how they can be replaced more effectively by the right person. You could pay the same amount for a credentialing vendor as someone who has done credentialing for a payer, and that person is more sophisticated than the software.

@physiciansguide @jonathanstea I like to think I’m cause.

If you’re not made of Cool Ranch then you’re making yourself wrong.