Becker Group: Recent Episodes

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Becker Private Equity & Business Podcast

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Register for the upcoming “The Venture Capital Outlook For Health Care 2023” webinar on Feb 8th at 1pm CST here.

Listen to the podcast updates on business and the markets at Becker Business Minute Podcast & the Becker Private Equity and Business Podcast .

  1. The markets rose again yesterday with the Nasdaq up 2%, the S&P 500 up 1.19%, and the Dow up .76%.

  2. Futures point down this AM.

  3. Treasury yields rose yesterday with the 1 year at 4.74%, the 2 year at 4.221%, and the 10 year at 3.52%.

  4. Join us on Feb 8th at 1pm CST for the webinar “The Venture Capital Outlook For Health Care 2023” featuring:

  5. Sai Balasubramanian, M.D., J.D., Healthcare Strategy & Management at McKinsey & Company

  6. Matt Wolf, Health Care Senior Analyst and National Health Care Business Valuation Leader at RSM US LLP
  7. Dave Davies, Principal at EY-Parthenon
  8. Trishul Kapoor, MD, Serial Founder | Investor | Advisor & Deep Expertise in Anesthesiology, General Surgery, Digital Health & AI Innovation, Medical Device Development, & Mixed Reality Integration
  9. Robert Groves, Executive Vice President & Chief Medical Officer at Banner

Register here!

  1. We are seeking panelists for the 19th Annual McGuireWoods LLP Health Care Private Equity Conference March 1st and 2nd in Chicago. Contact Scott Becker, Georgia Allin, or Lesley Terminella for more information.

  2. Excited to see record attendance expected for the Becker’s Healthcare Annual Meeting April 3rd to 6th in Chicago. Hear Mark Cuban, Magic Johnson, Martha Stewart, and Larry Bird. For more information contact Jessica Cole.

  3. Bitcoin continues to rise. It opens today at $23,000. It is up 36% over the last month.

  4. Oil is right around $81 a barrel.

  5. Wayfair jumped 27% yesterday.

  6. On the Elon Musk watch, Tesla jumped nearly 8% yesterday. See “Buy Tesla Stock Ahead of Earnings, Analysts says” – Yahoo Finance.

  7. Spotify announced layoffs yesterday.

  8. Great to visit with Robbie Allen of One GI on a combined episode of Becker’s Healthcare and the Becker Business Minute Podcast & Becker Private Equity Podcast yesterday. A brilliant guest.

  9. Great to talk yesterday with Anna Casu of AdventHealth about new treatments for Type 1 Diabetes and her role and AdventHealth’s role in drug discovery. Thank you Kristi Powers.

  10. It was great to interview brilliant CEO Patricia Donley of the WellSpan Health Good Samaritan Hospital in PA.

  11. A couple positive signs for the housing market, which impacts so many families, brokers, and everyone else. See “A Real Estate Bottom? More Homebuyers Jump Back In as the Year Kicks Off” – Yahoo Finance.

  12. See “Amazon is a Value Stock in the Topsy Turvy World of Investing” – Bloomberg.

  13. Microchip stocks jumped yesterday with Nvidia rising by 7.6% and AMD rising 9.22%. Also see article on Intel by brilliant leader and writer Brian Sozzi at Yahoo Finance.

  14. Hospitals are highly focused on reducing traveling nurse and temp staffing costs. Further, many health systems are very focused on figuring out ways to soften staffing needs through technology implementations.

  15. Great to visit yesterday with two brilliant people. Manav Sevak, CEO of Memora Health and Saul Marquez, incredible leader. I always learn a lot from both.

  16. Understand the difference between hobbies and core pursuits. Commit to greatness in core pursuits. Listen at the Becker Business Minute Podcast & Becker Private Equity Podcast.

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Register for the upcoming “The Venture Capital Outlook For Health Care 2023” webinar on Feb 8th at 1pm CST here.

Listen to the podcast updates on business and the markets at Becker Business Minute Podcast & the Becker Private Equity and Business Podcast .

  1. The markets fell again yesterday with the Dow and S&P 500 each down around .8% and the Nasdaq down almost 1%.

  2. Futures are flat this AM.

  3. New jobless claims came in low at 190,000. This signals the labor market remains tight and will give the Fed the ability to keep raising rates albeit at a slower pace.

  4. Google announced job cuts of 12,000 people, 6% of its workforce. The overall feeling is the tech sector had become bloated and is sizing down one bit. Sundar Pichai is the highly regarded CEO of Google.

  5. Progressive lawmakers in blue states are pushing in a coordinated way to raises taxes on the wealthy. See Yahoo Finance. This may cause more movement of people to lower tax states like Florida and Texas.

  6. Jamie Dimon the well-regarded CEO of JP Morgan made $34 million last year.

  7. Reid Hastings the noted founder of Netflix is moving to the role of Executive Chairman from Co-Ceo.

  8. Crypto lender Genesis files for bankruptcy.

  9. Bank profits were largely up year over year this past quarter, but investment bank profits were way down. Fifth Third and Truist each reported great results. Truist stock was up 4.3% yesterday. Fifth Third also handily beat estimates.

  10. Consumer products firms like Proctor and Gamble are starting to see inflation cut into profits and sales. P&G saw revenues fall 1% and profits fall 4% year over year for the 2nd quarter. See “P&G relies on price hikes to prop up sales as volumes shrink” – Bloomberg.

  11. Bitcoin is at around $21,000 today.

  12. Oil opens around $81 a barrel.

  13. Join us on Feb 8th at 1pm CST for the webinar “The Venture Capital Outlook For Health Care 2023” featuring:

  14. Sai Balasubramanian, M.D., J.D., Healthcare Strategy & Management at McKinsey & Company

  15. Matt Wolf, Health Care Senior Analyst and National Health Care Business Valuation Leader at RSM US LLP
  16. Dave Davies, Principal at EY-Parthenon
  17. Trishul Kapoor, MD, Serial Founder | Investor | Advisor & Deep Expertise in Anesthesiology, General Surgery, Digital Health & AI Innovation, Medical Device Development, & Mixed Reality Integration
  18. Robert Groves, Executive Vice President & Chief Medical Officer at Banner

Register here!

Listen in at Becker Business Minute Podcast & Becker Private Equity Podcast.

  1. Excited to see the Becker’s Healthcare podcast ranked 16 out of all Apple Business News Podcasts this morning.

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In this episode, Scott shouts out Jerome Powell, Chair of the Federal Reserve of the United States.

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In this episode, Scott shouts out Nelson Peltz, American Billionaire, Businessman, and Investor.

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In this episode, Scott shares 12 rules to live by in golf, skiing, & racquet sports.

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In this episode, Scott Becker shares a market update.

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Register for the upcoming “The Private Equity Deal Outlook for 2023” webinar on January 12th at 12pm CST here.

  1. The markets surged Friday.

  2. Futures point up this AM.

  3. The 10 year treasury yield has dropped nearly 30 basis points since the start of the year. It opens near 3.56%.

  4. The 1 year treasury is fairly flat at around 4.72%.

  5. Bitcoin has risen above $17,250.

  6. Oil is steady at around $76 a barrel. It’s expected to rise on the prospect of a rebound in demand from China.

  7. Lululemon is seeing their margins become slimmer despite raising prices very aggressively. It’s stock is down more than 10% in pre-market pricing. They have been so arrogant in how they discuss price increases that some will welcome them facing some challenges.

  8. Rolls-Royce hit sales records in 2022. See Reuters. The average price is $534,000. It sold 6,021 cars in 2022. Around 2,100 cars were sold in the United States.

  9. Excited to see the Becker’s Healthcare podcast approach 9 million downloads and rank 17th today among all Business News Podcasts on Apple.

  10. 4 stories at Becker’s Healthcare that signify larger issues. The first 2 stories are by Nick Thomas on systems trying to fight back from financial challenges.

  11. “Pioneer Memorial Pinpoints Recommendations to Cut Costs, Improve Operations”

  12. “Colorado Hospital will Emerge from Difficult Financial Situation, CEO Says” – John Gardner.
  13. “IU names Chief Mission and Values Officer Leah Gunning Francis, Ph.D. Named” – Kelly Gooch.

  14. “Northern Light Health Transfers 1,400 Employees to Optum”. Here the system is transferring largely revenue cycle and others to Optum to outsource some services. The health system expects to save $1 billion over 10 years, CEO Timothy Dentry notes. Story by Alexis Kayser.

  15. 5 great guests on the Becker’s Healthcare podcast.

  16. Sanjeev Agrawal, President COO of LeanTaaS

  17. Stephen Klasko & Marc Harrison now with General Catalyst, the top flight VC firm.
  18. Kate Sommerfeld, President at SDOH ProMedica
  19. Carol Lovin, EVP & Chief Integration Officer at Atrium Health

  20. Warner Thomas, CEO at Sutter Health

  21. 5 most listened to guests last year on the Becker’s Healthcare podcast

  22. Dina Velocci, Former President of AANA.

  23. Don Sinko, Chief Integrity Officer at Cleveland Clinic
  24. Justin Oppenheimer, COO & CSO at Hospital for Special Surgery
  25. Malinka Walaliyadde & Benjamin Beadle-Ryby, Co-Founders of AKASA

  26. Scott Powder, President of Advocate Aurora Health Enterprises

  27. Join us Thursday at 12pm CST for the webinar “The Private Equity Deal Outlook for 2023”. 3 great panelists. Register here.

  28. Join celebrity keynotes and thousands of healthcare system leaders at the Becker’s Healthcare Annual Meeting April 3 to 6. Mark Cuban, Magic Johnson, Larry Bird, and Martha Stewart are speaking. Contact Jessica Cole, CEO Becker’s Healthcare for more information.

  29. Listen to the Becker Business Minute and Becker Private Equity & Business Podcast wherever you listen to podcasts.

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Register for the upcoming “The Private Equity Deal Outlook for 2023” webinar on January 12th at 12pm CST here.

  1. After a horrendous 2022, the markets are pointing down on the first trading day of 2023.

  2. Oil is at $80 a barrel, the 10 year treasury yield is near 3.76%, Bitcoin is back to $16,750 and the 1 year treasury is right around 4.735%.

  3. Tesla dropped nearly 10% in early trading as deliveries missed expectations in the fourth quarter. See “Tesla Missed Delivery Target as Growth Slows” – WSJ.

  4. Becker’s Healthcare is thrilled to welcome the following keynotes to its 2023 April Annual Meeting. Mark Cuban, Magic Johnson, Larry Bird, and Martha Stewart. Contact Jessica Cole for speaking, sponsorship and exhibiting opportunities.

  5. Just read the inspirational book by David Goggins titled “Never Finished”.

  6. The Private Equity Deal Outlook for 2023. We are moderating a webinar on January 12th at 12pm CST featuring Rick Kes, Trishul Kapoor, and Hector Torres. Register here for free.

  7. City of Hope, one of the great oncology and cancer focused health systems in the nation, saw its debt downgrading following increased debt and leverage and operating margin issues. Nick Thomas reports on this for Becker’s Healthcare. City of Hope acquired Cancer Treatment Centers of American this past year. Its credit went from A+ to A. City of Hope is overall a magnificent organization known for both research and taking care of patients.

  8. See “More Bosses Order Workers Back to the Office” – WSJ.

  9. The 8 most listened to guests on the Becker Private Equity & Business Podcast and Becker Business Minute Podcast.

  10. Julie Yoo, Andreessen Horowitz

  11. Justin Norden, MD, MBA, MPhil GSR Ventures
  12. Robbie Allen, One GI
  13. Amber Walsh, McGuireWoods LLP
  14. Kristen McDermott Woodrum, McGuireWoods LLP
  15. Elizabeth Hutson, EGH
  16. Matt Wolf, RSM US LLP

  17. Holly Buckley, McGuireWoods LLP

  18. The 5 most listened to episodes on the Becker Private Equity & Business Podcast and Becker Business Minute Podcast.

  19. Using your time correctly

  20. How much debt to hold
  21. Musk and Inflation
  22. Asset allocation for amateurs
  23. Allocating your investments

P.S. today’s business minute shout out of the day goes to J.P. Gallagher President and CEO of NorthShore University HealthSystem. JP has done a remarkable job leading the health system throughout his tenure. A tremendous mix of personal skills, deep intelligence, and great ethics. The health system has both nearly doubled in size and more importantly consistently grown into an extremely high quality and high reliability health system. Improving every year. Outstanding work.

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Register for the upcoming “The Private Equity Deal Outlook for 2023” webinar on January 12th at 12pm CST here.

  1. The markets had a great day yesterday based on the perception that rising jobless claims would help slow the Fed’s rate hikes in 2023.

  2. It looks like the market indexes will give some of those gains back today. Futures point down this morning.

  3. See “New fed research flags rising risk of US recession” – Reuters. This essentially says economic activity is falling in more than half of US states.

  4. Goldman Sachs CEO says to expect job cuts in early 2023.

  5. The Nasdaq is down 33% YTD. The S&P 500 is down 19% and the Dow Jones is down 8.6%.

  6. One big question that will be assessed in 2023 is whether Sam Bankman Fried was a crook or just in way over his head. I.e. was he lost or crooked or both?

  7. Tesla is down 65% YTD.

  8. Apple is down 27% YTD.

  9. Amazon, which I was dumb enough to invest in not that long ago, is down 49% YTD.

  10. The one year treasury rate is now 4.753%. This looks pretty attractive now for a portion of one’s portfolio.

  11. The CNBS cannabis ETF is down 64% YTD.

  12. Bitcoin is trading at $16,500. It’s 52 week range is $15,600 to $48,500. What a debacle.

  13. The Grayscale Bitcoin ETF is down nearly 77% YTD. It may be early innings in bitcoin investing but we better have a big bullpen and they better be warming up their arms.

  14. I’m a junkie for business financial and investing information, even if I’m an overall prudish investor. If you enjoy this information listen at the Becker Business Minute Podcast or the Becker Private Equity & Business Podcast.

  15. Jeremy Corr is helping me plan our next webinar titled “The Private Equity Deal Outlook for 2023” with guests Rick Kes Trishul Kapoor, MD and Hector M. Torres, JD, MBA. This is January 12th 2023 at 12pm CST. Register here.

  16. We are working on another webinar on 15 thoughts on investing.

Register for the upcoming “The Private Equity Deal Outlook for 2023” webinar on January 12th at 12pm CST here.

Listen at Becker Private Equity & Business Podcast or at the new Becker Business Minute Podcast. 90 percent of episodes will be 90 seconds or less.

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In this episode Scott Becker discusses Jeff Seifman’s amazing perseverance in both sports and business.

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Register for the upcoming “16 Keys to Building a Business” webinar hosted by Scott Becker on December 15th at 1pm CST here.

  1. The markets. YTD the Nasdaq is down nearly 30%, the S&P 500 17.45%, and the Dow down 7.88%. Markets were down Friday. The indexes point mildly up this AM. All eyes are on the Fed which meets Tuesday and Wednesday.

  2. Stock and equity prices are influenced by two key factors. How well a company or companies are doing and how tight or loose the money supply is. The tightness or looseness of the money supply generally drives the “multiple” at which earnings are multiplied by to drive a total value. Some analysts are saying that as the Fed starts to soften their rate hike posture, multiples driven by loose or tight money will stabilize. Then the risk becomes the stability of corporate earnings. See “Morgan Stanley, Goldman Say Earnings the Biggest Risk for Stocks.” – Reuters.

  3. Lululemon dropped nearly 13% Friday. Its stock is down 21.71% over the last 52 weeks.

  4. Tesla has its first ever negative consumer survey. There’s probably a lesson in there that there is a big risk in a very visible founder surging into the political dialogue.

  5. Microsoft is buying nearly 4% of the London Stock Exchange as part of a major cloud computing deal. This highlights the value of these cloud deals to major companies. Part of Microsoft’s intended buy of Activision Blizzard is driven by the desire to gain more cloud business. Many think Oracle’s purchase of Cerner was in part driven to gain more cloud business. Amazon relies heavily on AWS for its profits.

  6. 7 healthcare headlines we are following.

  7. “CVS Wants to be America’s Healthcare Provider: All it Deeds is Doctors” – Barron’s. Operating physician practices has become expensive but note how well United Optum has grown in this area.

  8. “NJ Hospital adds remote monitoring to all its hospitals” – Giles Bruce, Becker’s Healthcare, Virtua Health.
  9. “Man Indicted in Dallas Methodist Murders” – Kelly Gooch, Becker’s Healthcare.
  10. “Adults Who Took Paxlovid 50% Less Likely to Need Hospitalization with COVID-19 – 10 CDC Findings” – Nika Schoonover, Becker’s Healthcare.
  11. “AMA President Says to Congress: I’m Not Here to Negotiate Rate Cuts” – Marcus Robertson, Becker’s Healthcare.
  12. “NY Hospital Turns Away Patients for 3rd Time in 3 Weeks” – Nick Thomas, Becker’s Healthcare.

  13. “Med Device CEO Gets 80 Months for $50 Million Fraud Scheme. The CEO did Better than Theranos Leadership” – Nika Schoonover, Becker’s Healthcare

  14. Two upcoming webinars. 30 Minute Webinars. Join us at no charge. Becker Private Equity & Business Podcast and Becker Business Minute Podcast.

  15. 16 keys to building a business. Presented by Scott Becker. December 15 at 1pm CST. Register here.

  16. The PE Market and Deal Outlook for 2023. January 12. Featuring Hector M. Torres, JD, MBA Rick Kes, and Trishul Kapoor, MD. Will finalize details shortly. Seeking one more speaker for the event.

  17. Seeking nominations for great leaders for the Becker Business Minute shout out of the day.

Register for the upcoming “16 Keys to Building a Business” webinar hosted by Scott Becker on December 15th at 1pm CST here.

Listen at Becker Private Equity & Business Podcast or at the new Becker Business Minute Podcast coming soon. 90 percent of episodes will be 90 seconds or less.

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In this episode, Scott shares 15 key thoughts on building and developing a successful business.

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  1. The markets ended essentially flat on Friday, but the S&P 500 was up for the week. The S&P 500 was barely down Friday. The Dow was up .45% and the Nasdaq was down .52%. 2. Futures point down this morning. See “Stock futures slide as Covid protests erupt across China” – Yahoo Finance, Alexandra […]

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In this episode, Scott talks to Rick Kes, a Partner at RSM.  Here, he discusses this week’s private equity trends.

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In this episode, Scott talks to Justin Breen, bestselling author and Founder of BrEpic.  Here, they discuss gratefulness and what Justin is most thankful for this year ahead of Thanksgiving.

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  1. The markets – 5 notes. 1) The Nasdaq is down 28.75% YTD, the S&P 500 is down 16.8%, and the Dow is down 7.13%. 2) Futures point down this AM after the markets also fell on Friday. 3) Oil has dropped below $80 a barrel on concerns of a worldwide economic slowdown. 4) Bitcoin […]

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10 stories we are following this am. 1. The markets fell yesterday and look poised to fall today. The S&P 500 dropped .8%, the Nasdaq 1.5% and the Dow .1%. Futures point down today. See “US futures slip as Fedspeak dashes rate pause hope”. Bloomberg. 2. “More Americans tap home equity for financial safety net”. […]

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In this episode, Scott discusses the recent major layoffs at Amazon and what that means for profitability.

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In this episode, Scott discusses whether the recent rally in the market will persist, or if it will dip again.

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  1. Futures point down on the major indexes to start the week after a great rally last Thursday and Friday. See “US futures wilt against Fed caution, rising yields” – Bloomberg. Also see “Goldman Sacks expects significant decline in US inflation in 2023” – Reuters. 2. Bitcoin opens right around $16,800 after a frightening week […]

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  1. Thrilled to see the markets surge higher yesterday. The Nasdaq jumped 7.4%, the S&P 500 rose 5.5%, and the Dow rose 3.7%. 2. The markets responded to inflation coming in less than expected and to perceptions the Fed will be able to slow their raising of rates sooner rather than later. 3. Treasury yields […]

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  1. Carvana, the hot used car dealer over the last few years, is down 95% year to date and dropped nearly 40% Friday. 2. The markets rose Friday after what had been a horrible week in the markets. The Nasdaq, Dow and S&P 500 each rose on Friday 1.26 to 1.36%. 3. The Nasdaq is […]

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In this episode, Scott discusses how the big insurance companies equate to the big casinos.

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1. The Fed meets today and tomorrow and is widely expected to raise the Fed funds rate by 75 basis points. 2. More importantly will be the Fed’s discussion of how they will approach interest rate raises going forward and how hawkish they intend to be. 3. The market indexes fell Monday with the Nasdaq down 1.03%, the […]

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Amazon’s stock fell nearly 5% yesterday and then more than 20% in overnight trading, before recovering some. The big driver of the stock falling was it projected lower 4th quarter revenues than earlier projected. It now predicts $140 to $145 billion in the 4th quarter versus the originally projected $155 billion. It’s 3rd quarter growth […]