Healthcare Book Recommendations ?
I'll start:
The Pharmagellan Guide. Very practical and useful
Pick an introductory book to Molecular Biology. I'm serious
Bottle of Lies (cliche-ish?)
Bad Blood (cliche)
Anything that can boost your knowledge, but a light read?
Don't recommend:
The billion dollar molecule. The book was a bit verbose IMO
The Cure. It was a good story, but don't really help me understand the industry whatsoever
Comments (14)
Interested
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(1) Healthcare handbook. It's written by a Wash U professor and provides an overview of US healthcare system in ~200 pgs. I haven't read it yet but it's on my nightstand.
(2) Emperor of all maladies. It's a book on the history of cancer treatment (sounds dry but it's pretty interesting)
"The Price We Pay" - Dr. Marty Makary. He does have one part of the book talk about air ambulance pricing (especially those who arePEbacked) and it's pretty horrifying to read as a consumer of our healthcare system.
EDIT: I worked at aMFPEbacked portco in healthcare pre-MBAand absolutelyloved my experience and thought our business model was great for most consumers... healthcarePEjust has a few bad actors that are hard to ignore (air ambulances is one of them).
Any recommendations on the investment/business side of healthcare?
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Learn moreThe ones I've met are incredibly intelligent. Seen doctors with topMBAsbe incredibly effective in doing very in-depthdue diligence for investment机会(生物技术特别是P也一样hDs). For HC service investing, doctors can actually make unique operational improvements with their experiences that very few other investors would know how to do efficiently. Know a few docs inPEand their funds are definitely returning more to investors than the average HC fund (smaller up and coming funds).
Know a HC banker who has a coworker who actually is a trained physician and he made it sound like his coworker could run circles around him when it comes to understanding the healthcare investing ecosystem (for their clients). This HC banker I spoke to was no slouch either - super intelligent guy with some unique HC experience pre-banking.
Could you provide an example of this? Sounds pretty interesting, I would've expected them to be able to provide a unique (science) angle on spec pharma deals where the targetco also has an R&D engine but not on HC services deals where a medical background (supposedly) doesn't add too much value.
For blood and money - reading now
^ this book was sick. Couldn't put it down once I started and normally I have a hard time finishing books at all lol
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"Empire of Pain" which is about the Sacklers and the building of Purdue Pharma is a must read
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