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Planning for Vacation, Planning for Health

Blog Post
May 22, 2019

Ahh…summer vacation, my favorite time of year.  Whether it be visiting museums, trekking across our national parks, walking the beach, or just enjoying a stay-cation, my favorite vacation memories are usually the result of a little preparation and a general road map.  When thinking about the joint replacement space, it seems logical that such an event deserves at least the same amount of preparation (if not more) as a summer vacation, particularly since it will probably be more expensive and more life changing than the typical summer vacation.  

Last week, Tenamark founder, Sheila Tonn-Knopf, and I were fortunate enough to teach two sessions at the national conference in Nashville, Tennessee for the American Alliance of Orthopedic Executives (AAOE).  While visiting with the AAOE conference attendees (mostly orthopedic practice administrators), we spent a lot of time listening to their thoughts on patient engagement in the orthopedic surgery space.  A common theme was the idea that healthcare is still incredibly siloed in the sense that the physician addresses the actual surgery, the hospital addresses the actual hospital experience, the therapist addresses the therapy, etc. 

Unfortunately, there is often a lack of “big picture” for patients when it is vital that they have a clear roadmap through the entire process of preparing for a joint replacement, having a joint replacement, and recovering from a joint replacement.  At the end of the day, the patient just wants to be back on their feet as quickly as possible and have a better quality of life than before the surgery.  However, it is harder to reach that destination as expediently as possible if there is no cohesive map providing a clear route.  

As we move into late spring and prime summer vacation season starts, it might be helpful to ask, would you take an expensive road trip without a plan?  Even the most adventurous souls should plan ahead for an extended journey (financially, physically, and psychologically).  As Tenamark prepares to release its first patient joint replacement guide this summer, it is a perfect time to think about the journey before, during, and after surgery. 

 

Jeana Singletonorthopedicjoint replacement
Blog Post

Invitation to Banks & Family Office/Ultra-high Net Worth Investors Exploring Cannabis Lending to Join Our Informal Institutional Cannabis Lenders Community

December 2, 2022An update on the latest developments in the cannabis banking/lending space by subject matter expert, BMD Scottsdale/Phoenix Office Managing Partner Stephen LennBlog Post, Client Alert

Community Banks: Collaboration, not isolation, is the key to protecting/ enhancing the cannabis business you pioneered

August 26, 2022As we prepare for the plenary session of the informal institutional cannabis lenders community announced in my previous article, I am pleased to advise that participants now include 5 of the best-known dedicated loan funds; a select group of commercial banks ranging in size from single state community banks to mid-size regionals making cannabis loans into the mid-8 figures; and, a syndicator of credit union cannabis loans.Blog Post

Non-compete Agreements are Under Fire: What Employers Need to Know

August 4, 2022Non-compete agreements are an ongoing topic of dispute. Employers and their advocates point to the efficacy of non-competes in protecting proprietary information. Employees and their advocates argue about worker mobility and that employers unduly burden workers’ ability to seek better jobs. The Biden administration has put forth its position, and state legislatures have introduced bills addressing the enforceability of non-competes. Here is what you need to know:Blog Post

BMD’s Jason Butterworth Quietly Engineers Some of Akron’s Most Impactful Projects

May 18, 2022Jason Butterworth, a team member of BMD’s Business & Corporate practice, focuses his practice on finance, real estate, and tax credit law.Client Alert, Blog Post

Explosive Growth in Pot of Gold Opportunity for Bank (and Other) Cannabis Lenders Driving Erosion of the Barriers

May 13, 2022Our original article on bank lending to the cannabis industry anticipated that the convergence of interest between banks and the cannabis industry would draw more and larger banks to the industry. Banks were awash in liquidity with limited deployment options, while bankable cannabis businesses had rapidly growing needs for more and lower cost credit. Since then, the pot of gold opportunity for banks to lend into the cannabis industry has grown exponentially due to a combination of market constraints on equity causing a dramatic shift to debt and the ever-increasing capital needs of one of the country’s fastest growing industries. At the same time, hurdles to entry of new banks are being systematically cleared as the yellow brick road to the cannabis industry’s access to the financial markets is being paved, brick by brick, by the progressively increasing number and size of banks that are now entering the market.
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