It's Not Burnout, It's Moral Injury - Dr. Aric Coffman, CEO of P3 Health Partners

Most people think healthcare gets better by adding more doctors, more technology, or more hospitals. Dr. Aric Coffman thinks the real problem is the business model behind it. He spent 17 years as a surgeon before walking away from the operating room. His reason: he kept watching patients fall through the cracks of a system that, in his words, was "sicker than a lot of my patients were." Now he is CEO of P3 Health Partners, a physician-led population health company, and he is fixing a value-based-care business in public, in the middle of a real turnaround. In this conversation with host Rakesh Reddy, Coffman makes the case that physician burnout is not a personal-resilience problem. It is structural. He calls it moral injury: the slow damage of asking doctors to optimize for volume when everything that pulled them into medicine is about the patient in front of them. What you'll learn: ➡️ Why he refuses to call it "burnout" and what "moral injury" actually means ➡️ "No one went to medical school to be a winner at RVUs" and why volume-based feedback breaks good doctors ➡️ Why resilience, work-life balance, and meditation are not the fix, and what values congruence is ➡️ The questions a practice owner should actually ask a physician (past the EMR and prior-auth complaints) ➡️ What value-based care means, translated for the doctor listening and not the investor ➡️ The first move a small independent practice can make toward getting paid for outcomes ➡️ Why roughly a quarter of visits, by his gestalt, don't need to happen, and the demand-capacity fix ➡️ How a tiny share of patients drives most of the cost, and how to manage a panel around that ➡️ What P3's comeback taught him, and the hardest call he had to make ➡️ Where AI in primary care is real and where it is still a demo ("augmented intelligence," not artificial) Whether you own a practice, employ physicians, or are a doctor wondering whether the exhaustion is you or the system, this is the honest version of the value-based-care conversation. Connect with Dr. Aric Coffman: ✅ Company: P3 Health Partners (NYSE: PIII) ✅ Website: https://p3hp.org/ ✅ LinkedIn:   / aric-coffman-md-mba-b23b32b   ✅ Host: Rakesh Reddy ✅ Podcast: Healthcare Business Growth Conversations