Revolution 2.0

Introduction First, stop the bleeding, then get the patient back to living on their own. This advice applies equally in medical and financial situations. That is the subject of today’s 10-minute episode. Continuing When someone has experienced a medical emergency and is taken to a hospital, the first thing medical professionals do is assess and stabilize–halt the damage. The next steps include determining the need for any long-term treatments needed to get that person back on track for an independent, healthy and happy life. That’s how medical needs are met. Why isn’t that how we handle financial needs as well? The hospital does not assume that the correct thing to do is to keep the patient in the facility, dependent upon the staff and equipment in place there. Hospitals are expensive and are designed for effective short-term care–not long-term–care. If necessary, the patient is referred out to less expensive, longer-term care facilities. The ultimate goal is to have the patient be able