Tag Archives: healthcare

How to Create Cluster Clutter

Digital health ecosystems have spread around the world. Like all clusters, they have a life cycle that starts with koombaya and the enthusiasm of creating something new and exciting but, unfortunately, at some point , devolve into conflicting interests who seem more interested in WIIFM with consequent confusion or blurring of the original vision, mission, values, value proposition, business model ...

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The Medical Matriarchy?

The highest paying jobs in the US are in tech, medicine and law. For the first time, there are more women in medical school than men, but only 30% of the physician workforce are women. 60% of pharmacists are women. However, women hold only 20% of tech jobs. Over one in three lawyers are women. Several social cross currents are destroying patriarchies in the ...

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7 Fields and Professions That Are Beginning to Rely on Virtual Reality

Innovations in technology are evolving so rapidly that the sci-fi depictions we dreamed of as children are becoming reality. Cars that drive themselves, mini personal computers with touch screens populate our pockets, and now, virtual reality is becoming increasingly more common — so common, in fact, that professionals of all types are beginning to rely on VR in particular. Here ...

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Barriers to Physician Entrepreneurship

Physician entrepreneurship describes physicians, or other health professionals, pursuing opportunity under conditions of uncertainty with the goal of creating user defined value through the deployment of biomedical and clinical innovation. One way to do that is to create a product, a service or a company, but there are many other ways as well. Fortunately, students, trainees and clinicians at all ...

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Business People Are Lousy Doctors

So doctors are lousy business people, huh? Well, imagine if your doctor prescribed something based only on your chief complaint. They did not take a history. They did no physical exam and they did no lab tests or imaging if it were necessary . Yet, business people, particularly digipreneurs, do it all the time. If you think about it, entrepreneurs are continual ...

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MIT Shows How To Run Hackathons

I’ve always had mixed feelings towards hackathons, as whilst they undoubtedly bring a lot of focused energy, they often lack any real follow-up, rendering the progress made during the weekend rather isolated. A recent paper in Cell Systems highlights how the MIT Hacking Medicine events do better.  The events, which are open to all, but are especially popular with younger ...

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Innovation vs. Ethics: The road to hell is paved with good intentions

  Mary Shelley’s 1818 depiction of Victor Frankenstein and his abomination has become synonymous with the creation of monsters since, both literally and figuratively. Innovations often take on lives of their own, independent of their innovators’ wishes and intentions, and though perhaps created with the best of intentions, the old adage is that “the road to hell is paved with ...

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Turning the Innovation Tables

Innovation Excellence

Recently, I attended an interesting program co-sponsored by the University of North Carolina's health care innovation program and AARP. This got me thinking. We're doing corporate innovation all wrong, and the innovation sprint that UNC and AARP were conducting have got it right. Let's imagine for a second what this would look like in a corporate setting.

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