How Advanced Bifurcation Systems is Taking on Heart Disease

Charles Laverty is CEO of Advanced Bifurcation Systems

Tackling a Global Pandemic

ABS was founded because there’s a real need for improvements in the way we approach the global heart disease problem. Current methods for treating heart disease aren’t always successful. 7.4 million people die from a heart attack every year. Several new technologies could change that and our innovative new stenting platform is one of them. We hope that human clinical trials and FDA review will show that it could reduce the need for open-heart surgery and improve the quality of life for patients suffering from heart disease.

How the ABS System Works

One of the most difficult procedures for heart surgeons is trying to place stents in branched arteries. The ABS system is designed to simplify the process and replace most open-heart surgeries with a less invasive procedure that can be performed as a day surgery.

Open-heart surgery is a stressful experience for the patient and many suffer depression after their operation. A simple day procedure would reduce their anxiety and allow them to return to their daily lives without a significant recovery period.

The method works by using a dual catheter system to place stents in both the mother and daughter vessels of a branched artery at the same time. The technology is self-aligning as well, to reduce the risk of errors and it’s simple to perform. Most cardiac surgeons will be able to perform the procedure without much training.

A Major Part of the Puzzle

The ABS system isn’t the only breakthrough we hope could aid in reducing deaths from heart disease. New technologies in the areas of Artificial Intelligence, apps, and wearable devices are also part of the solution. It’s not difficult to imagine the risk of death from a heart attack being cut in half in the next decade. Technology is allowing people to live longer and healthier lives. I think that Advanced Bifurcation Systems is a major piece of the puzzle along with these other technologies.

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America – Time For Us To Work Together

Winning Is Trumping Progress At the Moment

Politics has always been a contact sport. But I argue that we have been able to come together to find common ground to fight an enemy. We did it with World War II (at least after Pearl Harbor), we did it after September 11th. We did it (mostly) during the height of the Cold War. We can do it today if we Row The Boat together.

Different Challenges – Huge Stakes

The culture wars and our leaders have divided us just when we need to come together. Let's learn from coach Fleck on how to Row The Boat
The culture wars and our leaders have divided us just when we need to come together. Let’s learn from coach Fleck on how to Row The Boat

The issues we face are extremely serious. Changing technology and demographics mean huge challenges for jobs and resource contention around the world. As the old order falls apart and we look to the future, we need to understand that gridlock means failure. We have risks to jobs at the same time as a huge shift in aging. Healthcare across the world suffers from spiraling costs that no current system solves. Supporting larger numbers of retirees on programs including Social Security is unsustainable.

Time to Row Together

As Minnesota Golden Gophers head coach PJ Fleck says, we need to row the boat together. What does Fleck say this requires?

  1. You need an Oar – this is the energy that you bring to your cause, relationships, work and life. This is what will move our boat. We need the right energy, and we need to share the same type of energy to move forward together.
  2. Then you need the Boat – this is the sacrifice we must make to move forward. We have to sacrifice to get what we have never had as a country, even if it means sacrificing our opinion.
  3. Finally, we must have a Compass – we need to travel in the right direction as one, and surround ourselves with positivity, rather than negativity.

If we focus on the present and rowing our boat as a country, together, we will ultimately achieve great goals and a better quality of life for all Americans. But how do we do that?

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Medical Innovation Is Not A Blue or Red State Issue

The Next Instagram May Change the Way You Take Pictures

But The Next Big Medical Innovation Could Save Your Life

Charles Laverty on the critical impact of medical innovatio
Charles Laverty on the critical impact of medical innovation in US competitiveness and public health.

Last week at the European Bifurcation Club meeting in Porto Portugal, ABS co-founder and chief medical officer Dr. Mehran Khorsand presented the ABS bifurcation stenting platform. We met many other dedicated doctor and professionals who are devoting their energy, time and money to creating life-saving and enhancing innovations that will benefit us all. This is why medical innovation is different and deserves to be treated differently.

For all the things that divide us as a nation, medical innovation should stand as a beacon for cooperation. We agree on the problems facing aging population and medical issues that affect too many people like obesity, cancer and heart disease. We agree that Social Security and Medicare and Medicaid are in trouble and that health care costs need to be addressed. Yet from financing to regulatory approval to employment law to tax policy, we miss opportunities to work together.

As mentioned in this article about an earlier post, we need to stop viewing medical innovation and medical innovators as something to be exploited and instead treat them as a critical national asset that benefits each and every one of us, our family and our nation. This is a great place for the Trump Administration and Democratic leaders to work together on an issue that benefits everyone.

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Tax cuts will help saves lives

Who’s Killing Who?

Charles Laverty on tax cuts to save lives
Charles Laverty on tax cuts to save lives

The new government at hand is starting to take a role in lowering taxes.  In particular, for both large and small businesses.  They might see a tax cuts at about 15 percent.  This is just a bare bones project that is needed to help with research and development funds that are required to keep companies doors to remain open.

Tax cuts can help with innovation

If we do not have pharmaceutical companies implementing new avenues to help with illnesses and without the companies who manufacture medical devices continuing to invent new technology, we as a society will loose out in this benefit.  So in saying, this will in turn cost lives not save them.

I go more in depth on this subject.  Please read more about this topic here. 

 

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Fix Climate Change Without Breaking The Country

Fear is The Wrong Strategy to Address Climate Change

Climate change is a hotly debated issue, no pun intended. Having many live in fear.  No matter which side of the fence you’re on, it’s something that can’t be ignored both physically and on a political level. We’re forced to deal with a slew of information.  Some of which borders on apocalyptic. With regards to the world’s changing climate and how it will affect humanity, the economy, and future generations, daily.

But is all the fear warranted? Or is it blown out of proportion to suit an agenda? Look at the most prevalent political icon known for his strong opinion on climate change and global warming.

Living in Fear. Politicizing Climate Change Isnt Good For The Environment or The Country
Politicizing Climate Change Isn’t Good For The Environment or The Country.

In 2006 ex-vice president Al Gore starred in a badly disguised political campaign of a movie, An Inconvenient Truth, which followed him on a journey to ‘educate’ the masses on the threat of global warming and climate change. As of October 2006, An Inconvenient Truth has grossed more than $23 million at the Box Office, and Al Gore himself continues to profit off his views on climate change.

This isn’t to say that we shouldn’t focus on reducing energy consumption and our carbon footprint. However, we must do so without the fanaticism purported by global warming ‘enthusiasts.’

Factors to consider

We need to consider certain factors when talking about climate change and what we can do about it.

  1. The United States shouldn’t be responsible for paying for the rest of the world to reduce their energy consumption
  2. We need to work with facts that aren’t politically slanted – agenda equals lie in the long run.
  3. We need to take personal responsibility for our environment but not through government edicts

The bottom line with climate change is this: do what you can to prevent it and stay clean, but don’t introduce limitations which affect the economics of the United States based on thinly veiled apocalyptic posturing and alarm-ism.

The doomsday mentality has been around for years. Allowing it to seep into the economy will be disastrous for the U.S.

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Term Limits in the US House of Reps and why necessary

On Term Limits in the US House of Representatives and US Senate – Why They Are Necessary

House Speaker Paul Ryan has promised to bring term limits to a vote. In 1994 Republicans pledged to limit the terms of all committee chairs in their ‘Contract with America.’ The President of the Unites States, Donald Trump, has vowed to implement term limits during his tenure in the White House.

In October 2016, a Rasmussen Poll found that 74% of American voters favored the concept of term limits. All of these promises have yet come to be, but they indicate an underlying need for said limitation in the US Senate.

Members of the Senate and the House of Representatives haven’t entered into their positions and kept them with the best interests of the American people at heart. They are more focused on a career in politics, maintaining a modicum of power in their seats, and money in their pockets.

No limitations on how many term limits

This blatant careerism has fostered an underlying sense of frustration and anger toward politicians in general. The American people need representatives interested in the future of their country and their children.  No in the future of their position in Congress.

Currently, the House Representatives are limited to two year terms and Senators to six year terms.  However, there is no limitation on how many terms they can serve.

Elections are often a foregone conclusion, with newcomers discouraged from running against seasoned opponents. This election system should work, in theory, yet it doesn’t. Often, many of these positions remain uncontested.  Meaning the same politicians are elected to the same positions repeatedly.

Voting fairly

term limits
term limits

The belief that representatives and senators are interested in serving the public is a total farce. As is true of any working man or woman in the United States, they’re interested in their careers and their own prosperity. Which begs the question – can they be trusted to vote fairly and without political agenda on important legislature?

Can they be trusted to perform in their position to the highest degree of efficacy? Most likely not. Holding power for an extended length of time ultimately leads to corruption and unethical activity. The special interests become the order of the day.

In 1951, the 22nd Amendment to our Constitution was ratified.  Effectively limiting the president and his vice to two terms in office of four years each.

Subjected to the same standard

Term limits have worked admirably on the State level in California, Arizona, and Arkansas to name a few. If the person who holds the highest office in the land is subject to term limitation, why then have our senators and house representatives not been subjected to the same standard?

In truth, it seems highly unlikely that House Representatives will vote in favor of term limitation.  This in itself is an indicator of the draw of power and the prevalence of hidden agendas.

The hard truth is these politicians may start out with the voters’ best interests at heart. Then they’re changed by power before those best interests ever see the light of day. Our country is stuck in a rut created by the people entrusted with its future.

Being Shut Out

The middle class worker has been shut out.  We have a federal debt of $20 trillion dollars. Veterans do not get the care they deserve. And we are held back by a lack of affordable health care for the common man and woman.

All the problems which plague our country can be laid at the feet of those sworn to change things, to make things better for all Americans. The only conclusion to be drawn is that it is indeed time to change.

To drain the swamp. To create a better future for all Americans.  Rather than a select few who hold power, stall bills, and slowly destroy what should be the greatest country in the world.

 

written by Charles Laverty

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Stop Taxing Medical Innovation

Medical Innovation Saves Lives – Stop Penalizing It

Where would we be without innovation in healthcare? The impact on mankind is immeasurable. We need to stop taxing medical innovations.

We would we still have cases of polio, AIDS would still be a death sentence. People would still be walking about with Hepaticas C and no knowledge of the disease.

We would not have advances in heart, liver, or kidney disease. We have gotten so used to everything from infant mortality to life expectancy being good and improving all the time that we simply take it all for granted.

Stop Demonizing People Who Are Trying to Make Us Healthy

Charles Laverty Opposes Taxing Medical Innovation
Taxing Medical Innovation Costs Lives. The Medical Innovation Ecosystem Requires Freedom to Innovate

Legislators get the nerve to penalize medical innovation from the voters. We need to out politicians that added tax for medical companies to The Affordable Care Act. What are these people thinking? People who are hostile to free markets use them as a way to advance their ideology. Business hostility isn’t just costing us money it is costing us lives.

Yes, many medicines are very expensive when they are launched. But we are making that worse by raising the cost and complexity of bringing new drugs and medical technologies to market. better expensive than never developed in the first place. They have to make their money back. Business is a risky proposition and medical and drug research has special concerns. Drug companies and manufacturers need to spend money on a lot of research before they find something that is safe and effective and which people will pay for. If you want costs to go down then stop rising their costs.

Stop Taxing. Protect The Cycle of Innovation

We keep beating up drug companies and medical manufacturing companies but where would we, our country and the world be without the R&D? Nobody in the US benefits if we encourage them to leave the country to get better tax treatment. We have been talking about tax reform for years and yet where is the leadership in Washington?

Think of everything that is involved with successfully making a profit on medical research. There are research and public health concerns, IP protections, regulatory hurdles and trade concerns. Every place where we raise cost and complexity is bad for people and bad for the US.

 

Another disgrace in our country.

 

written by Charles Laverty

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Gridlock Has Gone Too Far

Time for Term Limits

Friday JP Morgan released their earnings. On the analyst call, Jamie Dimon, chairman, president and CEO of JPMorgan Chase, clearly stated his displeasure with the gridlock in Washington. Jamie is right.
Gridlock and Time for Term Limits on the US House and Senate by Charles Laverty
Gridlock and Time for Term Limits on the US House and Senate by Charles Laverty

This gridlock is having a very negative effect on the growth of the country and goes beyond partisan bickering and posturing. The people who we have elected don’t care about the country, our people, education,  jobs, etc. If companies were run like
Washington there would be no companies in business. This is a disgrace.

 Taking Gridlock to far

We created a system that incentivizes officials to care only about votes in their district and getting reelected. We have to impose term limits in both the House and the Senate.
Term limits will change the types of people the job attracts and the value they have to special interests. It will bring the position back to what it is intended to be – legislators first and politicians second.

Advantages of Term Limits for US Congress

There are several other advantages to term limits. First and foremost it dramatically reduces the advantage of incumbents. The politicians holding those roles hostage are powered by dollars which mean their fuel is money from special interests and lobbying.
Once the stranglehold on the job has been broken other things improve too. Our legislators’ judgement will be free from the influence that causes us so many problems. More people will pass through the halls of congress, so we will get people from more diverse fields and fewer lawyers.
Finally and most critically we turn the role into one of citizen legislators. In 2012 then Republican Senator Jim DeMint of South Carolina said of term limits…
“We need true citizen legislators who spend their time defending the Constitution, not currying favor with lobbyists,”

 

written by Charles Laverty

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Healthcare and Personal Responsibility

Negotiating the Relationship Between Healthcare and Personal Responsibility in America 

The laws of supply and demand present us with a painful truth when it comes to certain resources: there aren’t always enough to go around. When we treat healthcare as a commodity instead of an inalienable human right, we must subject it to the same principle. In countries where a combination of taxes and other public sources of revenue guarantee universal care for all residents, this problem is often less prevalent. However, the United States faces political obstacles that make the possibility of such a system remote at best, states Laverty. As such, it is important to review the resources we do have and consider the most efficient ways to spend them so that people who need care most can access it.

 

At a certain point, it may be necessary to examine the paradox that exists between certain American freedoms and greater social responsibilities. Some argue that the desire for freedom from higher medical premiums is irreconcilable with the desire for comprehensive health coverage, but it may be interesting to look at the inverse of such an argument. Could it be that the desire for comprehensive and affordable care is irreconcilable with the freedom to engage in high-risk or self-destructive behaviors? Perhaps it is the desire for social liberty instead of economic liberty that makes providing accessible healthcare difficult.

Laverty says having vices brings up questions

Laverty on the healthcare system
Laverty on the healthcare system

Here is an example: if a person chain-smokes cigarettes, subsists on an exclusive diet of Big Macs, and refuses exercise, are they not putting themselves at a higher risk of serious health problems? Moreover, since those problems are likely to result from lifestyle choices made of their own volition, should the person in question not be responsible for the resultant costs? Under the current system, such a person might end up using more resources than their healthcare premiums cover. The difference might have to be made up by other members of society, even if they do not engage in such irresponsible behavior. Then again, what would be more oppressive: requiring some members of society to pay for the mistakes of others, or requiring all members to make lifestyle choices deemed “responsible” by the system? It is an interesting question.

 

Making changes to our nation’s healthcare system is always going to be a controversial subject, but it is worth considering the extent to which personal responsibility and freedom should factor into the way we pay for it. Until we can move towards a system that provides greater benefits for all Americans, we will have to grapple with such questions.

Read more on the personal responsibility of healthcare from Laverty.

 

written by Charles Laverty

 

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