Life of Flow

Lucas Ferrer and Miguel Montero-Baker

Life of Flow is a podcast hosted by two experts in the field of vascular surgery, Miguel-Montero Baker and Lucas Ferrer Cardona. They share their thoughts, insights, and expertise with their listeners each week, discussing a wide range of topics that are both related to and beyond vascular surgery. In addition to talking about the latest research and developments in the field, the hosts also share anecdotes and personal stories that provide a unique perspective on the world of vascular surgery. They delve into the challenges that they have faced, the lessons that they have learned, and the unique life of a vascular surgeon.

  1. 3d ago

    Busy or Chosen? Owning Patient Demand with Seth Turnoff | LOF #141

    Most specialty practices are paying to win the same 3% of patients who are searching right now - and Seth Turnoff argues that auction turns a clinical specialist into a commodity. "Go ahead and try to pay your overhead with clicks," he says. "It doesn't work." Seth Turnoff is Co-Founder and Managing Partner of Custom Medical Marketing (CMM), which helps independent specialty practices move away from relying on rented demand toward owning their own patient-acquisition channels. Through SEARCHLESS, CMM's hypertargeted patient acquisition program, and the Branded Signal Methodology, a category-building framework for clinicians, he helps physicians differentiate and build lasting demand. He started in healthcare revenue cycle on a denials management team, fighting payers to get claims paid. He is a former touring drummer, a daily LinkedIn writer, and describes himself as contrarian by design. He is not a physician - he calls himself a "clinical tourist." Seth's playbook is to skip the search auction and condition the 97% of future patients before they need care. Miguel's limb-salvage practice went the other way: it dropped Google, Facebook and Instagram ads as noise and puts its money into liaisons who work referring providers, with self-referrals under 5%. Seth agrees that is the right call for limb salvage, yet warns that a referral-driven practice doesn't control its own volume. Lucas keeps pressing the question every physician-owner asks: if nobody searched, how do you know the money worked? In this episode: • Why "board certified, fellowship trained" is table stakes, not a brand - and what actually differentiates a specialist • What happens to a specialist who wins the search auction for the 3% who are actively looking • How a vascular practice decided ad leads were "absolute trash" for what they do - and what replaced them • Why referral-dependent practices are exposed when a referring doc goes on vacation • How Searchless puts a practice in front of an ideal future patient before they ever search - and how an EMR matchback tries to prove it • Why taking two days to call back a survey lead burns every marketing dollar on the front end • How Seth decides a marketing budget by practice mode: startup, maintenance, growth or expansion Chapters: 00:00 Cold open 01:11 Why most physicians still don't get marketing 02:23 From fighting payers to calling out medical marketing 05:44 Busy isn't the same as chosen 08:18 "Board certified is not a brand" 12:09 Why a vascular practice walked away from Google and Facebook ads 18:03 The funnel and the 3% everyone is bidding on 26:47 When the referring doctor is your real customer 31:46 Marketing fails without a sales back end 36:13 "Time is tissue" and healthcare's beige problem 37:48 Searchless: conditioning the other 97% 40:42 How do you prove it's working? 47:21 How much should a practice spend on marketing? Mentioned in this episode: • Custom Medical Marketing (CMM) • SEARCHLESS - CMM's hypertargeted patient acquisition program • Branded Signal Methodology • Seth Turnoff on LinkedIn: linkedin.com/in/sethturnoff Hosted by Lucas Ferrer, MD and Miguel Montero, MD. Follow Life of Flow — Instagram: @lifeofflowpodcast · X: @vascularpodcast Music: "Honor Or Death" (Riverside music library). This episode is for education and discussion, not individual medical, legal or financial advice.

  2. Oct 21

    Launching a Practice Under a Non-Compete: Brand, Phones and Reviews | LOF #140

    The day you leave your job, your employer can shut down the name, reputation and patient reviews you spent years building, unless you set things up so they're yours first. Ashley Gay is the founder of Digital Ash Agency, a boutique branding firm for physician-owned private practices, and a member of the National Society of Certified Healthcare Business Consultants. Married 21 years to an oculofacial plastic surgeon (they met when he had just taken the MCAT), she carried the family through his training, then built his Austin private practice from scratch under a strict non-compete. She now runs the same playbook for independent physicians across the country. Ashley isn't a physician, yet she argues that doctors' empathy leads them into business decisions that work against their practices, and she turns down clients who want ads before their phones work. Miguel brings his own scars (300 unheard voicemails) and pushes a different referral playbook: for him the liaison-to-physician relationship matters more than physician-to-physician contact, while Ashley's husband insists on knowing his referrers personally. "What are they saying about you behind closed doors? That is your brand." — Ashley Gay Why this matters: most physicians leave training with a reputation that lives on their employer's website, their employer's Google listing and their employer's review pages. When they leave, all of it can disappear overnight. Ashley's answer is to treat your name as an asset from residency on, so that a non-compete limits where you can solicit, not whether patients and referring doctors can still find you. It is the same approach she used to open her husband's practice in Austin. In this episode: • How a non-compete can't touch an organic Instagram feed, and what you're still allowed to say at a society meeting • Why every resident should open a Google Business Profile in their own name before signing a first job • What a secret-shopper 'practice diagnostic' shows about your phones, and why Ashley refused a client who wanted ads • How a waiting room furnished from Memorial Day sales, Facebook Marketplace and a Lowe's tabletop still draws comments two years later • Why you shouldn't hold a grand opening until you've been open six weeks (their first office manager quit on day two) • Why nine months is the shortest realistic launch timeline, and why your website's first customer is a search engine • The 20% marketing line item she puts in pro formas for the bank, and the pain clinic that grew without paid ads Chapters: 00:00 Cold open 01:12 Welcome: 21 years married to medicine, 25 years in branding 04:23 Opening under a non-compete: you can't solicit, but you can exist 08:15 The Google profile every resident should own before their first job 10:37 Brand first, ads last: the order she builds a practice in 15:09 What isn't worth it, and the waiting room patients still talk about 20:18 Cosmetic vs. medical patients: two funnels, two business cards 25:30 300 unheard voicemails: why your phone is your brand 29:59 How to fix it: liaisons, answering services and quarterly metrics 35:31 Giving notice: credentialing risk and the six-week grand-opening rule 40:37 Nine months minimum, and why your website's first customer is Google 43:02 How much to budget for marketing, and why doctors should knock on doors Mentioned in this episode: • Digital Ash Agency: digitalashagency.com • Ashley on Instagram and TikTok: @md.brand.pro (logo roasts and practice-branding tips) • Google Business Profile (and Google Maps ranking) • Ashley's 12-month practice-launch checklist and timeline (she says she provides it) • Ashley's practice diagnostic (secret-shopper audit for existing practices) Hosted by Lucas Ferrer, MD and Miguel Montero, MD. Follow Life of Flow — Instagram: @lifeofflowpodcast · X: @vascularpodcast Music: "Honor Or Death" (Riverside music library). This episode is for education and discussion, not individual medical, legal or financial advice.

  3. Oct 15

    Complex Aortic Surgery Beyond the Academic Center with Elias Kfoury | LOF #139

    Some patients cannot easily travel for complex aortic care. Bringing that care closer to home asks a harder question: which cases should stay, and which should go to a center with more experience? Vascular surgeon Elias Kfoury joins Lucas Ferrer Cardona and Miguel Montero for a Life of Flow CaseCast from Cheyenne, Wyoming. He describes building a vascular surgery program after his training at Baylor, then expanding the work as patients faced the practical barriers of traveling for treatment. His point is about judgment as much as technical ambition. Elias walks through aortic arch, abdominal and thoracoabdominal cases using the actual imaging and operative material. The discussion moves between open repair, hybrid approaches and endovascular options, with anatomy, patient risk and available support shaping each choice. He is also direct about referring an operation he performs rarely to a surgeon who does it routinely. The hosts ask what it takes to do this work outside a large academic center. Elias returns to planning, collaboration and a backup strategy when the first approach does not work. The conversation examines the choices behind the image: where to obtain a seal, how to maintain branch-vessel flow, what access is available, and when a different operation may be the more appropriate choice. YOU'LL HEAR • How patient travel shaped the development of a local aortic program. • Why knowing what to refer is part of building a strong service. • How an arch aneurysm becomes a discussion about debranching and access. • What changes when a prior endovascular repair presents with rupture. • Why graft modification starts with centerline measurements and planning. • How a plan B changes the way a surgeon prepares for difficult cannulation. • What the team considers when protecting spinal cord perfusion. The case discussion includes physician-modified endografts, branched devices and the limits imposed by anatomy. These are examples of the team's reasoning in specific cases, rather than a universal procedural sequence. Training, institutional resources, device instructions and patient selection remain part of the discussion. The clinical choices stay connected to the patient's circumstances: travel, follow-up, operative risk and local support. The hosts keep asking why each option fits the case, so the walkthrough also shows how a community program defines its limits. Cases range from Kommerell diverticulum with dysphagia to blunt thoracic trauma, connecting the patient's symptoms to CT imaging. CHAPTERS 00:00 Cold open 00:55 Life of Flow intro 01:09 Welcome to CaseCast and Elias Kfoury 03:45 Training, mentorship and building a program 06:41 Complex aortic care close to home 08:22 Knowing which cases to refer 10:32 Arch aneurysm: anatomy and the hybrid plan 22:16 Kommerell diverticulum and dysphagia 24:52 Rupture and open aortic repair 25:24 Prior EVAR and a difficult rupture 31:10 Four-vessel physician-modified repair 32:43 Graft design and cannulation 35:37 Branched devices and anatomic constraints 37:35 Training and centerline planning 39:37 Preparing a plan B 43:03 Spinal drainage and perfusion 46:25 Thoracic trauma and branched repair 49:44 Cheyenne, life outside surgery and closing GUEST & RESOURCES Elias Kfoury's Cheyenne Regional profile: https://www.cheyenneregional.org/provider/kfoury-elias-md-rpvi/ LinkedIn: https://www.linkedin.com/in/eli-kfoury-md-fsvs-facs-99b68717a JOIN LIFE OF FLOW Hosted by Lucas Ferrer Cardona and Miguel Montero. YouTube: https://www.youtube.com/@LifeofFlowPodcast Instagram: https://www.instagram.com/lifeofflowpodcast/ X: https://x.com/vascularpodcast LinkedIn: https://www.linkedin.com/company/65882426/ Cold-open music: Honor Or Death, from the Riverside library. Music licensed through Soundstripe. Code: ZIRCS2DSQY56CNTN This conversation offers education and personal perspectives. Examples and figures reflect the recording, rather than individual medical, legal, or financial advice.

    Complex Aortic Surgery Beyond the Academic Center with Elias Kfoury | LOF #139
  4. Oct 7

    Who Decides What Healthcare Is Worth? with Andrew Tsang | LOF #138

    A healthcare claim is more than a bill. It is an assertion someone else can contest. If technology makes that exchange faster, who decides what the care is worth? Andrew Tsang joins Lucas Ferrer Cardona and Miguel Montero to follow the money through American healthcare, from the front desk to the insurance appeal and from employer premiums to clinical care. His diagrams turn an abstract system into something you can see. The harder question is what those lines reveal about the choices we have made together. Andrew describes roughly 15 years of consulting across providers, payers, and pharma, along with work in Medicaid policy. At the time of this conversation, he had stepped away from that career to write about healthcare economics and was working on a book. He publishes Health is Other People, combining analysis of healthcare institutions with questions about what we owe one another. For physicians, this conversation reaches beyond billing. Andrew traces the administrative work around a patient encounter: eligibility checks, prior authorization, coding, claims, denials, and payment. Lucas connects that burden to the freedom to build an independent practice. Miguel asks what Andrew would change if he could rewrite the system. The answer pushes past a quick political fix toward incentives, shared values, and the people caught between institutions. YOU'LL HEAR • Why revenue cycle may shape more of the patient experience than its name suggests. • How administrative scale can change the playing field for independent practices. • What AI agents can accelerate, and which disagreements remain unresolved. • Why a healthcare claim is different from a settled transaction. • What the UK and Germany reveal about the values behind financial flows. • How a confusing chart becomes a story about patients, families, and hospitals. • Why Andrew keeps returning to education, agency, and collective change. Innovation has a real place in healthcare. CHAPTERS 00:00 Who decides what care is worth? 00:53 Life of Flow intro 01:07 Welcome to Andrew Tsang 02:14 From consulting to writing about healthcare 03:35 Revenue cycle: where care meets commerce 06:33 The work before and after the patient visit 10:43 Can words change the healthcare conversation? 16:56 What do other systems say about shared values? 20:13 Independent practice and room to innovate 23:44 Why scale changes the administrative burden 25:37 AI agents, claims, and unresolved disagreement 28:14 The magic-wand reform question 32:24 The human cost of fighting over payment 35:32 Education and us against the problem 37:35 Seeing change and making systems legible 40:20 Mapping the healthcare financing flows 42:13 Taxes, premiums, and the choices inside the chart 45:29 Every line represents a human life 47:23 Costa Rica and reasons for optimism 48:35 Where to follow Andrew and closing thoughts GUEST & RESOURCES Andrew's writing, Health is Other People: https://blog.healthisotherpeople.com/ The financing-chart essay discussed, An Abominable Creature: https://blog.healthisotherpeople.com/p/an-abominable-creature JOIN LIFE OF FLOW YouTube: https://www.youtube.com/@LifeofFlowPodcast Instagram: https://www.instagram.com/lifeofflowpodcast/ X: https://x.com/vascularpodcast LinkedIn: https://www.linkedin.com/company/65882426/ Subscribe for candid conversations about independent practice, clinical judgment, and building a life in medicine. Share this episode with someone who has tried to make sense of a denial, a reimbursement rule, or a healthcare financing chart. Music: Life of Flow house theme; the cold open uses the existing instrumental production asset. This conversation offers education and personal perspectives. Examples, policy references, and figures reflect the recording; they are not individual medical, legal, or financial advice. Andrew’s answer separates speed from resolution: AI may accelerate the claims workflow, while people still disagree about coverage and the value of care.

    Who Decides What Healthcare Is Worth? with Andrew Tsang | LOF #138
  5. Sep 30

    Beyond Paid Ads: Building a Physician Reputation with Matthew Ray Scott | LOF #137

    What happens when the marketing generates leads—but the patients you want still aren’t finding you?Miguel brings the experience of building a vascular practice. Matthew Ray Scott challenges the assumption that another ad campaign is the answer. The conversation moves from paid attention to a harder question: can a patient explain why they should choose you?Matthew, a physician reputation strategist at FEED, joins Lucas Ferrer, Miguel Montero-Baker, and Courtney Johnson to explore how trust travels beyond the consultation room. He connects his background in military psychological operations and medical technology with the way he now thinks about physician positioning, communication, and reputation.This is not a blanket argument against advertising. Matthew explains where paid campaigns can fit—and why a practice first needs a clear answer to whom it serves and which problem it solves. Miguel pushes back with the practical realities of referral relationships and vascular care. Courtney adds the marketing perspective: a patient journey is rarely as simple as “see, click, book.”In this episode:• Why being good at your work does not automatically make your difference clear to a patient.• How physicians can mistake communicating with colleagues for communicating with patients.• What a flood of leads can conceal about patient fit and referral quality.• Why a personal story can connect with the patients a practice hopes to serve.• How the patient becomes the hero and the physician becomes a trusted guide.• What perspective, problem, patient, process, and place reveal about a practice’s positioning.• Why a simple explanation of the care journey can matter more than a clever slogan.Matthew’s examples are experiences and perspectives discussed in the conversation, not promises of practice growth or guaranteed outcomes. The episode keeps the disagreement, the qualifications, and the practical questions together.CHAPTERS00:00 The cost of buying attention00:56 Life of Flow01:11 Meet Matthew Ray Scott and Courtney Johnson01:46 From military psychology to physician reputation06:23 Persuasion, truth, and decision-making08:09 Reputation is not self-promotion11:01 Practical steps beyond the mirror-marketing test12:35 Finding a difference patients understand15:26 Who owns your professional narrative?19:34 Physician Brand RX and thought leadership21:57 When paid advertising has a place25:01 How do patients choose a specialist?30:30 More leads, but are they the right patients?33:50 Can referral relationships scale?37:13 Why see, click, book is not enough38:23 Bought followers and empty numbers39:56 Ideal patients and the MMA physician example43:43 Why a personal connection can matter45:13 The patient is the hero; the physician is the guide47:40 Translate the promise into everyday language50:38 Perspective, problem, patient, process, and place54:50 Making the practice easier to recognize56:19 Can patients explain their own care journey?58:11 Physician Brand RX and closing thoughtsGUEST & RESOURCESMatthew Ray Scott / FEED: https://feedtheagency.com/Physician Brand RX: https://feedtheagency.com/brand-rx/Matthew on LinkedIn: https://www.linkedin.com/in/matthewrayscott/The recording discusses the book Physician Brand RX; release timing mentioned in the conversation reflects when it was recorded.JOIN LIFE OF FLOWYouTube: https://www.youtube.com/@LifeofFlowPodcastInstagram: https://www.instagram.com/lifeofflowpodcast/X: https://x.com/vascularpodcastLinkedIn: https://www.linkedin.com/company/65882426/If this conversation changes how you explain your practice, share it with a colleague. Subscribe to Life of Flow for candid conversations about independent practice, clinical judgment, and the work of building a life in medicine.One practical test from the discussion: describe the patient, the problem, and your next step in words someone outside medicine can say. What would you change in your message?

    Beyond Paid Ads: Building a Physician Reputation with Matthew Ray Scott | LOF #137
  6. Sep 23

    When Calcium Looks Like No Options: A Limb-Salvage Case with Mariano Palena | LOF #136

    A wall of calcium. A threatened foot. Is this a “no-option” limb—or have we made that decision before seeing the whole picture? Dr. Mariano Palena joins Dr. Lucas Ferrer and Dr. Miguel Montero-Baker for Case Cast 2: a detailed discussion of a 77-year-old patient's chronic limb-threatening ischemia and heavily calcified femoropopliteal disease. The value is in the decisions behind the images. How do you choose a crossing strategy? When does retrograde access help, and what could it put at risk? How much vessel preparation is enough? And when should an operator stop? This is candid physician-to-physician discussion, including disagreement, complications and the limits of individual expertise. Severe calcium does not automatically settle the question of treatment options. Neither does an attractive final angiogram settle the question of wound perfusion. In this episode: • Why an early crossing plan can change procedural efficiency. • How access, support and through-and-through techniques shape the next move. • Why the only remaining runoff vessel deserves particular care. • How preparation influences stent expansion and deployment. • What a hemostasis complication taught Miguel about wire position. • Why Lucas challenges the missing AP view and the wound's blood supply. • How clinical progress and hemodynamic assessment inform follow-up. The ending is the lesson: Lucas asks whether the images answer the wound-specific question; Miguel cautions against chasing angiographic perfection; Mariano explains what the patient's subsequent course adds. Keep the uncertainty in view. The discussion also asks a question that matters beyond this case: what can you safely rescue if the next step goes wrong? Mariano is direct about his limits and the need for help when a surgical bailout is required. That candor belongs beside the technical tips, not outside them. For physicians building an independent practice, the useful takeaway is not a specific device recipe. It is the habit of matching ambition to anatomy, assessing the consequences of each access choice, and making the next decision with a realistic backup plan. CHAPTERS 00:00 When calcium looks like no options 00:58 Life of Flow 01:13 Case Cast 2: the decisions behind the images 06:58 The patient and the limb at risk 14:42 Plan the crossing strategy early 16:13 The reasoning behind a subintimal approach 21:32 Connecting both access sites 23:19 Support, preparation and device choices 29:07 Retrograde access: when is a sheath needed? 33:12 The risk of accessing the only runoff vessel 37:08 Know your limits and your bailout options 37:57 Practical retrograde access tips 42:02 Why Supera—and why preparation matters 51:00 Managing the retrograde access site 54:40 A complication and the wire-position check 58:36 Does the final image answer the wound question? 59:43 Angiographic beauty versus hemodynamic improvement 1:01:40 Clinical follow-up and pedal acceleration times 1:04:22 A multidisciplinary decision about the toe RESOURCE SUPERSUB II (2024), a prospective multicenter observational study: https://pubmed.ncbi.nlm.nih.gov/38566517/ CONNECT Life of Flow: https://lifeofflowpodcast.com Lucas Ferrer: https://www.linkedin.com/in/lucasferrermd/ Miguel Montero-Baker: https://www.linkedin.com/in/miguel-montero-baker-a44354214/ Instagram: @lifeofflowpodcast | X: @vascularpodcast Partnerships: info@lifeofflowpodcast.com MUSIC “Funkorama” by Kevin MacLeod (incompetech.com), licensed under Creative Commons Attribution 4.0: https://creativecommons.org/licenses/by/4.0/ Cold-open excerpt edited, faded and mixed under dialogue. This educational case discussion includes off-label techniques and procedural risks. The speakers describe their experience; decisions depend on the patient, anatomy, expertise and resources. It is not individualized medical advice. Subscribe to Life of Flow for candid conversations about clinical judgment, independent practice and the decisions that shape patient care.

    When Calcium Looks Like No Options: A Limb-Salvage Case with Mariano Palena | LOF #136
  7. Sep 16

    Vascular Hunger Games: What Makes a Medical Meeting Worth Your Time? | LOF #135

    What makes a medical meeting worth leaving your practice for? Another flight. Another familiar slide deck. Your staff and overhead keep running while you are away. If information is already in your pocket, what should a conference offer that you cannot get from your phone? Rich Dubin, founder and publisher of Lower Extremity Review and the organizer behind lerEXPO, joins Dr. Lucas Ferrer and Dr. Miguel Montero-Baker to examine that question. This conversation moves from the economics of the exhibit hall to the kind of learning that changes a physician's thinking. The details behind a difficult case. A question you would not ask from the back of an auditorium. A colleague who has done the work but never gets the microphone. And the relationships that a screen cannot entirely replace. Together, they explore: • Why access to information does not settle the question of a meeting's value.• What time away really costs a physician whose practice still has to run.• How faculty access can turn a presentation into a useful conversation.• Why Miguel would rather learn in a circle than speak from a stage.• How online education could lead into focused, hands-on learning.• What an independent-practice mastermind might offer beyond clinical lectures.• Why an audience-voted case tournament inspires the name “Vascular Hunger Games.” Rich is not arguing that relationships have become obsolete. He values the handshake, the hug, and the unexpected introduction. The challenge is to give each format a purpose: online access, real discussion, and practical sessions for people who want to go deeper. For independent physicians, the discussion becomes especially practical. Lucas imagines learning from people who have built successful practices. Miguel names the problems that deserve attention: cash flow, revenue-cycle management, a failing phone tree, and the business systems behind patient care. Their proposed gatherings remain ideas discussed in the episode, not announced courses or events. TIMESTAMPS00:00 The cold open00:58 Life of Flow intro01:13 Welcome, Rich Dubin02:16 From publishing to medical education06:56 What being in the room still offers11:27 What physicians and sponsors each need16:52 What makes a conference worth attending?21:23 Access to faculty and the cost of hierarchy23:06 Why Miguel stepped back from conference travel29:39 Practical judgment that does not fit on a slide33:03 Case tournaments and hands-on learning34:51 What it takes to build an event40:34 A meeting designed around limb preservation43:33 Cases, mentorship, and independent practice48:14 Imagining a vascular case tournament49:12 Closing reflections MEET THE GUESTRich Dubin and the lerEXPO team: About RichMedical education and current events: lerEXPOThe discussion references Lower Extremity Review and lerEXPO. Attendance, budget and business examples are the speakers' reported experiences, not independently audited benchmarks. Check event details with the organizer. LIFE OF FLOWTwo vascular surgeons. Medicine, entrepreneurship, and the choices that shape a physician's life.Hosts: Dr. Lucas Ferrer and Dr. Miguel Montero-Baker.Episodes and listening options: Life of Flow episodesInstagram: @lifeofflowpodcast | X: @vascularpodcast Educational conversation and personal perspectives; discussion of a learning format does not establish better clinical outcomes. Music: “Funkorama” — Kevin MacLeod (incompetech.com). CC BY 4.0: License . Excerpted and carefully mixed under dialogue. What was the last meeting that changed how you work—and what made it useful?

    Vascular Hunger Games: What Makes a Medical Meeting Worth Your Time? | LOF #135
  8. Sep 10

    Before You Buy Into an ASC: Ownership, Partners, and Control | LOF #134

    Before you buy into an ASC, ask what you actually own—and who controls the decisions. Dan Lieberman, MD joins Dr. Lucas Ferrer and Dr. Miguel Montero-Baker to unpack ambulatory surgery center ownership, the partners you choose and the agreements that shape your independence. Dan trained in neurosurgery at UCSF, spent nearly two decades in solo practice and chaired the governing board of a physician-owned hospital. After essential tremor ended his operating career, his experience building ASCs became a new way to help physicians shape where and how they work. Miguel brings the question many independent physicians hesitate to ask: after building a practice you control, why put your future in other people's hands? Dan's answer moves from the cost of taking a vacation to the financial model, exit arrangements and decisions physicians need to understand before signing. In this conversation, Dan reveals: ⬛ Why owning a hospital made him rethink the environment in which he wanted to practice ⬛ How OBLs, ASCs and hospitals can serve different needs—and why patient selection comes first ⬛ Why owning your practice does not necessarily mean owning your time ⬛ What to ask about leaving a partnership before you agree to enter it ⬛ How to challenge a pro forma instead of treating its assumptions as promises ⬛ Why your ownership percentage does not tell the whole story about control ⬛ How the wrong partner can undermine an otherwise attractive business The conversation ends with a practical checklist: understand the entity you would own, question the model, assess management, read the operating agreement and know your partners. Which question would you insist on answering before buying into an ASC? Tell us in the comments. TIMESTAMPS 00:00 Ownership, partners and control 00:57 Life of Flow intro 01:12 Welcome Dan Lieberman 02:10 From neurosurgery to ASC development 05:59 The microhospital question 21:00 OBLs, ASCs and choosing the setting 24:49 Medical necessity comes first 33:58 The trust question 37:02 Independence and the cost of time away 40:53 Ask how the partnership ends 45:56 Challenging the financial model 52:20 Governance and physician control 53:38 Pitfalls and choosing partners 55:58 Choosing an operator: the next conversation 1:00:16 Closing thoughts and farewell FOLLOW DAN LIEBERMAN LinkedIn: https://www.linkedin.com/in/dan-lieberman-md/ BestPracticeHealth / Phoenix Spine & Joint: https://bestpracticehealth.tv/about-us/ RESOURCES DISCUSSED • Ambulatory surgery centers (ASCs), office-based labs (OBLs) and physician-owned hospitals • Medicare reimbursement, ASC safe-harbor considerations and physician participation • Project financial models, operating agreements, exit provisions and supermajority voting • Essential tremor and the transition away from an operating career LIFE OF FLOW Hosted by Dr. Lucas Ferrer & Dr. Miguel Montero-Baker. Website: https://lifeofflowpodcast.com YouTube: https://www.youtube.com/@LifeofFlowPodcast Spotify: https://open.spotify.com/show/5GMv47SJ0ePxbjtIb1GZ5U Apple: https://podcasts.apple.com/us/podcast/life-of-flow/id1705596604 Partner with the show: info@lifeofflowpodcast.com Connect with the hosts: Lucas: https://www.linkedin.com/in/lucasferrermd/ Miguel: https://www.linkedin.com/in/miguel-montero-baker-a44354214/ Follow the show: Instagram: https://www.instagram.com/lifeofflowpodcast/ X: https://x.com/vascularpodcast LinkedIn: https://www.linkedin.com/company/lifeofflow Cold-open music: “Funkorama” by Kevin MacLeod (incompetech.com), licensed under CC BY 4.0: https://creativecommons.org/licenses/by/4.0/ Source: https://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100474 Excerpt edited, faded and mixed beneath dialogue. Educational discussion, not individualized medical, legal or financial advice. The speakers describe their experiences and views; consult appropriate professionals about your own circumstances.

4.9
out of 5
16 Ratings

About

Life of Flow is a podcast hosted by two experts in the field of vascular surgery, Miguel-Montero Baker and Lucas Ferrer Cardona. They share their thoughts, insights, and expertise with their listeners each week, discussing a wide range of topics that are both related to and beyond vascular surgery. In addition to talking about the latest research and developments in the field, the hosts also share anecdotes and personal stories that provide a unique perspective on the world of vascular surgery. They delve into the challenges that they have faced, the lessons that they have learned, and the unique life of a vascular surgeon.

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