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Planning for Vacation, Planning for Health

Blog Post

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. 

 


Trulieve Tax Announcement and the ICLC Growth Spurt

On March 12, leading cannabis tax lawyer James Mann made an extremely timely virtual presentation to ICLC participants regarding the announcement by Trulieve of its receipt of more than $100 million of tax refunds in connection with a challenge to what it owes under Section 280E of the Internal Revenue Code.

Another Big Move Out of the Shadows; First Citizens Bank, the nation’s 19th largest, poised to enter the Cannabis Market

A commentary on cannabis and hemp dated January 12, 2024 posted by First Citizens Bank on its website reflects the decision by the Bank to extend its very substantial hemp/CBD platform into the cannabis space.

A Closer Look at Cannabis

At the Nov. 30 Akron Roundtable event "A Closer Look at Cannabis," moderated by Andrew Meyer, deputy editor of news Ideastream Public Media, a varied group of panelists spoke about expected and potential outcomes and efforts of marijuana legalization.

Out of the Shadows - Cannabis Going Mainstream

BMD Phoenix Office Managing Partner, Stephen Lenn, recently discussed today's cannabis industry at an Akron Roundtable as part of their "Bringing it Home" series.

Institutional Cannabis Lenders Community Holds First Meeting

BMD Attorneys Stephen Lenn and Brandon Pauley have organized the Institutional Cannabis Lenders Community (ICLC), which is a community of institutional lenders include banks, credit unions, dedicated cannabis loan funds and family office/ultra-high net worth investors and are excited to announce that the group recently held its first meeting. The more than 20 participants in the ICLC, which was organized to enhance relationships among institutional cannabis lenders and provide forums for evolving best practices, include 4 of the major cannabis loan, more than a dozen banks and credit unions, and a cross section of other organizations that are involved in institutional cannabis finance activities.