The Inside Scoop on the US Healthcare System with Chas Sanders of MARGIN
b'On this week\\u2019s episode I chat with the Founder and CEO of MARGIN, Chas Sanders. MARGIN is a tech-enabled procurement solution that helps Ambulatory Medical Centers purchase the equipment they need to operate. Apparently, before MARGIN supplies were purchased via phone calls and fax machines. MARGIN has not only put that process on the Internet, but they have also helped doctors to reduce their spend by 15-20%. That\\u2019s big bucks - in many cases that\\u2019s hundreds of thousands of dollars per office. \\n\\nChas is a veteran of the healthcare industry. He\\u2019s been an executive at Zimmer Biomet, DaVita and others. After that he stepped out of the industry to launch MARGIN.\\n\\nIn addition to hearing about his company and lessons learned as a founder, what\\u2019s great about this conversation is hearing a sophisticated business person provide insights into why the healthcare industry is dysfunctional. And low and behold, one of the reasons is that it\\u2019s managed in a similar way to the government of communist Russia. Enjoy.'