Category: Media Mentions

Investor’s Business Daily quotes David Williams about Amazon in healthcare

published date
November 20th, 2020 by

Investor’s Business Daily is out with a comprehensive and timely piece on Amazon’s bold moves in healthcare (Amazon’s Health Care Push Could Be Its Next Big Market Disruption). Even though Amazon has been weighing on the fortunes of traditional healthcare players for some time, the recent Amazon pharmacy announcement still shook up the market, driving down the shares of CVS, Rite Aid, etc.

David Williams is quoted

Amazon probably has the best shot at moving the needle. That’s because of its global, personalized connection to consumers, its high-speed delivery of packages, its powerful cloud computing unit and the wide variety of medical equipment on its e-commerce platform.

“Everyone in health care is scared of Amazon, and rightly so,” said David Williams, president at Health Business Group, a health care consultant. “Amazon is coming at it from all directions and they have the technology, scale and consumer focus needed to succeed.”

“All these companies will have to figure out how they stay alive,” Williams said.

 

Boston Globe quotes David Williams on BI Lahey purchase of Joslin Diabetes

published date
November 13th, 2020 by
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Goodbye independent Joslin

Diabetes is a costly illness that affects tens of millions of Americans. Joslin Diabetes Center is a world renowned specialist located in the heart of Boston’s Longwood Medical Center. It seems like it should be booming, but in fact diabetes treatment is not a great business and Joslin has not had strong financial performance.

Cancer, cardiology and orthopedics –with their invasive procedures– are much better for making money. But good diabetes care means coordinating lots of people to examine and guide the patient. That’s expensive to provide but not well reimbursed.

And standalone specialty hospitals, even prestigious ones, need strong connections to integrated health systems if they want patients.

So it’s no surprise that Beth Israel Lahey plans to acquire Joslin. As David Williams told the Boston Globe (Beth Israel Lahey Health plans to acquire Joslin Diabetes Center), the deal makes clinical and financial sense and is unlikely to attract regulatory scrutiny.

 

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.”