Josh Umbehr, MD is the founder of AtlasMD, Wichita-based direct primary care (DPC) clinics with over 3,000 patients, and a software business with over 500 clients and 10 years of operating history. DPC is an insurance-free monthly cash membership model for delivering unlimited primary care services. I first met Josh in person in the fall of 2019 in Wichita and had a chance to tour an Atlas office, and get a peek at data and impact of DPC to patients. I also heard from employer groups, small bu ...

In 2006 Countrywide Financial financed 20% of mortgages in the US--loan volume equal to 3.5% of GDP. Two years later, early in the financial crisis of 2008-09, Bank of America swooped in and bought them the stock had dropped over 75% from its 2007 levels for over $4B in stock. Leading up to the deal close, they paid a few banks millions of dollars to advise them on the proposal. What was Countrywide worth? Prior to such an acquisition, investment banks look at peer group market comparisons, rec ...