Category: Media Mentions

Reader’s Digest quotes David Williams about the urban future

published date
June 30th, 2020 by

Reader’s Digest (20 Ways City Life Could Change Forever After Coronavirus) featured David Williams in an article speculating about how city life will change after COVID-19.

After the September 11th attacks, physical security became an immediate priority in the United States. There was a visible increase in security measures and personnel in office buildings, throughout urban spaces, and in airports, along with new physical and digital surveillance technologies. According to David E. Williams, president of the Health Business Group, a consulting firm that specializes in technology-enabled health-care and medical devices, we could see health security post-COVID-19 elevated like physical security was after 9/11. “It will become a pervasive part of our urban economy and society,” he tells Reader’s Digest. “Expect temperature, face-mask, and handwashing checks at office buildings, city restaurants, and crowded public spaces. City sewer systems will be monitored for viruses. Counter-terrorism sensors on the streets and in subways that currently sniff for radiation and chemical weapons will be retrofitted to sense airborne virus particles, too.”

US News quotes David Williams on impact of pandemic on meat business

published date
May 26th, 2020 by

The COVID-19 pandemic is causing meat shortages as processing factory workers get sick and supply chains reveal their fragility. US News & World Report quoted David Williams in One Clear Winner of the Processed Meat Shortage:

David Williams, president of Health Business Group, expects the bottleneck at beef packing facilities to last for some time because social distancing means they’ll have to operate at reduced capacity. That will be the norm until there is an effective treatment or vaccine, he says, and the reduced capacity could last for two years.

While processors can switch to less labor-intensive cuts of meat to simplify the process and increase their operating hours, demand for beef will drop along with people’s income because of the health crisis’ impact on the wider economy, he says…

Fast-food restaurants will struggle to increase prices, as people with diminished incomes will be looking for value, Williams says. But some customers who have been frequenting more expensive fast-casual restaurants, such as Panera, may begin to go to lower-end fast-food chains where they don’t have to enter the restaurant, potentially giving companies like McDonald’s Corp. (MCD) a bigger customer base.

Wendy’s (WEN) has been particularly affected because of its reliance on fresh beef compared with other chains that use frozen patties, Williams says.

Observer quotes David Williams on Tesla’s prospects during pandemic

published date
April 22nd, 2020 by

Car sales are plummeting around the globe, yet Tesla sales –and its stock– are holding up for now.  It’s not exactly a healthcare story, but the Observer cited David Williams as a source anyway, in Tesla Seems Immune to Coronavirus’ Blow to Automobile Sales –But Is It?

“Although Tesla is not completely insulated from the downturn, I do believe that their situation is unique and they will be able to sell everything they make,” David Williams, president of Health Business Group, a management consulting firm, told Observer. Last week, Williams placed an order for a Tesla Model Y, “even though I don’t know when it will arrive or what the economy will be like at that time,” he said. “It’s a combination of wanting something fun and innovative and wanting to reduce my carbon footprint. I think my situation is typical of Tesla customers.”

Lifespan blames Medicare for its troubles. David Williams is quoted in the Boston Globe

published date
December 9th, 2019 by

Rhode Island’s hospital industry is troubled. The largest system, Lifespan is losing a key executive and just announced a major financial loss. When the company, which is also the state’s largest private employer, blamed its losses on Medicare cuts, the Boston Globe (R.I. Hospital president to leave as Lifespan announces losses, offers early retirements) called on David Williams for insight.

David E. Williams, president of Health Business Group, a Boston consulting firm, said he was struck by Lifespan’s remarks that its operating losses were due, in part, to “a dramatic and unexpected reduction in Medicare rates.”

Last month, about 600 hospitals filed lawsuits against the US Department of Health and Human Services, claiming they’ve been shortchanged on Medicare payments. Inpatient hospital reimbursements were reduced 0.7 percent, an adjustment that’s been in place since 2011 and is extended by Congress to recover overpayments.

The hospitals are suing over reductions in 2018 and 2019, which is estimated at about $200,000 per hospital, per year.

“If that’s what [Lifespan] is referring to, it was certainly unwelcome by providers, but whether you can say it was unexpected or dramatic, I wouldn’t agree with it,” Williams said.

 

Boston Globe quotes David Williams re:Partners name change

published date
December 9th, 2019 by

Partners HealthCare is changing its name to Mass General Brigham, saying goodbye to a name loved by exactly no one. The Boston Globe quoted David Williams about the change in In major rebranding, Partners HealthCare changes name to Mass General Brigham

David E. Williams, president of the consulting firm Health Business Group, said Partners’ hospitals might be able to rally around a new common name.

“It won’t change anything by itself, changing the names,” he said. “But if it’s part of trying to do an integration, it might have meaning.”

But he also questioned whether the initiative will be worth the costs.

“If it gets to the point where a nonprofit is contemplating $100 million to change its name, it tells you something is wrong. That’s a fairly wasteful exercise,” he said.

David also explored the topic in more detail on the Health Business Blog.