Cain Brothers, a division of KeyBanc Capital Markets
84 episodes listed below
Healthcare markets without the gloss.
House Calls is a healthcare business show built around banker conversations, conference panels, and sharp questions about why the system resists simple fixes. Its center of gravity is market structure: reimbursement, M&A, capital allocation, regulation, and the uncomfortable gap between innovation promises and operational reality.
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House Calls is healthcare business analysis from inside the room where policy, capital, and operating reality meet. Its conversations move slowly on purpose. A topic such as alternative revenue for health systems starts as a provider strategy question, then widens into fee-for-service dependence, rural access, urban strain, price controls, and the limits of ordinary supply-and-demand thinking in healthcare. A discussion of longevity clinics becomes less about lifestyle buzz and more about whether preventive health optimization can form a credible investable category. The recurring method is practical skepticism. New technology is not dismissed, but neither is it allowed to float above reimbursement, workflow, incentives, and scale. That makes the AI episodes feel less like futurism and more like market due diligence. The same habit shows up in conversations about M&A, where optimism around capital raising is weighed against administrative uncertainty, transaction timing, and investor selectivity. House Calls also has a policy spine. MedPAC, Medicare Advantage, PBMs, employer cost pressure, benefit design, network tightening, and capital redeployment are treated as linked parts of the same system rather than separate headlines. The show is comfortable with finance jargon, but it keeps returning to practical consequences: who pays, who consolidates, which markets get served, and where costs simply get moved around. Dave Johnson gives the series a conversational frame, while Cain Brothers bankers and conference panelists supply the sector detail. The tone is serious without becoming sterile. It can be blunt about failed transformation narratives, especially the long habit of waiting for a new technology, regulation, or business model to save healthcare. The best moments come when the conversation concedes complexity and then sharpens the point anyway. House Calls is for listeners who already know healthcare is hard and want better tools for thinking about why.
Made for: Built for healthcare executives, investors, policy watchers, strategists, and operators who want system-level analysis grounded in capital markets and delivery realities. It assumes comfort with reimbursement, M&A, payers, providers, and regulation.
What sets it apart: The show pairs banker-level market fluency with a persistent concern for how healthcare actually functions for providers, employers, patients, and plans. It is less trend-chasing than pressure-testing: every big idea has to survive incentives, economics, and execution.
Welcome to House Calls, where we talk to investment bankers from Cain Brothers, a division of KeyBank Capital Markets Inc. These bankers are working in some of the most interesting segments of healthcare, with organizations and business models that are helping to change the US healthcare industry. Host David Johnson is a recovering investment banker who discovered he’s actually a journalist and started 4sight Health, a thought leadership and advisory company. Johnson leads the conversation as he and a Cain Brothers banker examine many fascinating corners of healthcare undergoing market-driven change. The opinions expressed by the guest speaker in th...
Healthcare's shell game meets Dave Johnson's follow-ups, if you like reform talk with balance-sheet consequences.
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Short reviews from the PlayNext desk, based on the episodes we processed.
A measured panel on how capital, consolidation, and network pressure could shape the next phase of U.S. healthcare.
House Calls draws a clean line between economic policy and the market pressures reshaping U.S. healthcare, with Wyatt Ritchie leading Mike Elizondo, David Morlock, and Dave Johnson through payer consolidation, network design, provider choice, and where capital gets redeployed.
A Kane Brothers panel on how healthcare investors are thinking about PBMs, specialty pharmacy, and Medicare Advantage.
This Kane Brothers panel moves between PBMs, independent pharmacies, specialty pharmacy, hospice, and home infusion before widening to Medicare Advantage and member retention.
A practical look at how self-insured employers could rethink primary-care purchasing.
Healthcare purchasing by self-insured employers sits at the center of this episode: how does primary care move from a nice benefit to a redesigned care strategy with financial accountability?
A blunt, system-level case for why healthcare innovation keeps running into the same constraints.
House Calls treats a conference-stage conversation as a compact argument for why healthcare innovation keeps colliding with economics, politics, and policy limits. Dave Johnson and Dr.
Digital health, measured against real operations.
Healthcare value, stripped of polite fiction.
Women changing healthcare, one conversation at a time.
Healthcare strategy, translated into operational consequence.
Business fluency for anesthesia careers.
Healthcare reform from the operating room floor.
House Calls host Dave Johnson speaks with Cain Brothers bankers Stacey Gufanti and Alex Clemens about why menopause care remains an underdeveloped U.S.
This episode discusses the financial pressures on health systems, with a focus on why many hospitals are losing money and strategies for developing alternative revenue streams beyond traditional fee-for-service models.
This episode explores whether longevity clinics represent a wellness trend or an investable asset class through an interview with an investment banking expert.
Dave Johnson interviews Todd Rosinski about why waiting for new innovations to save healthcare is futile, discussing past failures and the need to stop relying on disruptive technologies or models.
Dave Johnson interviews Wyatt Ritchie, head of Kane Brothers, about the investment banking landscape in 2025 and predictions for 2026, focusing on capital raising, strategic transactions, and M&A activity amid market uncertainty.
This episode features a panel discussion from a healthcare conference where investors speculate on how AI will transform healthcare over the next five years.
This episode features a fireside chat with Michael Chernew, chair of MedPAC, discussing why prevention and transparency alone won't fix U.S.
Can payer consolidation actually lower costs?
Matt Margulies moderates a panel replay from Kane Brothers' 11th annual private company healthcare conference.
House Calls host Dave Johnson moderates a panel with Don Trigg of Apri and Glenn Tolman of Transparent on self-insured employers changing healthcare purchasing.
Dave Johnson hosts a fireside chat with Dr.
This episode discusses the growing mental health crisis among children and teenagers in the U.S.
This episode features an interview with Paul Kusserow, CEO of Amedisys, discussing leadership, employee burnout, and optimism in healthcare during the pandemic.
This episode introduces a four-part series exploring what health systems are supposed to be, using the metaphor of Roman roads leading to value in healthcare.