Search Results for: arlen meyers

10 Things to Change About Physician Behavior

Disrupting sick care is the new parlor game. Of course, even the guy who coined the term “disruptive” now feels he has to defend himself, so I guess the good news is that we are becoming the victims of our own success. Most of the talk has been about changing patient/customer/consumer/prosumer/client behavior. The assumption is that engaging patients will create better health ...

Read More »

Where are the Entrepreneurial Lawyers?

I recently found myself in a room filled with in house healthcare lawyers. I was the only doc, let alone physician entrepreneur, there. After the usual full contact schmoozing, tasty morsels and open bar, two lawyers from large hospital systems answered some questions and made comments about the issues and opportunties these folks face as sick care quickly changes. Dealing ...

Read More »

Why is it so hard to do the right thing?

We have a crisis in entrepreneurial character. and doctors are not exempt. Justifiable suspicions of physician entrepreneurs result when the halo is cast over the profession by those who commit fraud, double-deal, or don’t prioritize the patient’s interest above others. They can’t reconcile the ethics of medicine with the ethics of business. The hall of shame adds new members on an almost daily basis, ...

Read More »

What it Takes to be a Biomedical or Clinical Entrepreneur

Biomedical or clinical entrepreneurs are not just doctors, scientists and engineers who create businesses. Instead, they are those who pursue opportunity with scarce resources under conditions of uncertainty with the goal of creating user defined value through the deployment of biomedical or clinical innovation. As such they can assume many roles in the value creation pipeline such as technopreneurs, intrapreneurs ...

Read More »

Why Your Startup Will Fail

The vast majority of startups will fail and the numbers are even higher in biomedicine due to the numerous risks involved in getting a product or service to patients in a highly regulated industry that involves human subject and clinical trials. Add to that the many barriers to adoption, dissemination, diffusion and implementation and why clinical trial results don’t translate into clinical use, and ...

Read More »

Top 20 Innovation Articles of May 2019

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are May’s twenty most popular innovation posts: These Are ...

Read More »

Biomedicine as a Social Enterprise

 In his new book, Nobel Peace Prize winner Muhammad Yunus shares his vision for a kinder, gentler planet. It starts with recognizing what he describes as the inherent cruelty of capitalism, the need to value the abilities of every human being and understanding that saving the environment must be a collective effort. Now, Pope Francis has thrown his Papal tiara into ...

Read More »

The Art of Physician Entrepreneurship

Most doctors would agree that medicine, contrary to popular belief, is part science, but mostly art. Most of medical practice is not evidence based. On the other hand, there seems to be some argument whether entrepreneurship is an art, a science or both. Based on my experience of teaching and practicing both, here’s my two cents: The underlying foundation of science is a body ...

Read More »

The fine art of inNOvation

Business plan. Those two words have been used a lot to kill a lot of innovative ideas. Yet, it persists in the entrepreneurial consciousness. It’s a mainstay in the manager’s tool box. Sure, it you are going to ask for money, you will in all likelihood need to write a business plan. But, so few entrepreneurs actually get to that stage, ...

Read More »