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Albert Katz

Co-Founder/CEO at Flagler Health

Insights & ideas

Albert Katz argues that healthcare's core problem is unstructured data, not algorithm design, saying "the hardest part isn't building an algorithm that can recommend procedures and acting like a doctor, the hardest part is making sense out of a patient note" [1]. His approach began with a triage tool that routed high-risk patients to physicians and lower-risk cases to advanced practitioners, which he found could be extended with additional filters into a procedure recommendation system trained on physician practice patterns, learning and adjusting whenever practitioners deviated from its suggestions [1].

Katz contends that musculoskeletal clinics are overwhelmed by declining reimbursements, rising churn, and inefficiency, often selling to private equity just to survive, and that automating back and front office work can meaningfully improve margins [1]. He positions Flagler Health as a way for clinics to offer comprehensive services, such as physical therapy or orthopedics, without bearing hiring risk, since Flagler employs the providers, handles triaging, and lets clinics keep the revenue for a smaller fee, effectively functioning as a "business in the box" for MSK practices [1].

Experience

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