Author Archives: Arlen Meyers

Fail it. Nail it. Scale it. Sale it

Q: What are the three most common questions doctors, scientists and engineers ask about their new ideas, inventions and discoveries? A: What do I do next ? How to I find money? How do I scale my business? The answers are to 1)set up and fail at conducting the right business model and experiment to find a profitable and scalable business ...

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Creativity comes from an open mind, not an open space

The newly elected members of Congress don’t have to worry about working in an open space office environment. Instead, they cross their fingers and hope they get an office with a view. Those who are not running for reelection or lame ducks sit in cubes until the new sesion starts. Likewise, most employed physicians, including academic physicians, savor their private offices and ...

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Why You Need to Hire Physician Intrapreneurs

… and what to do with them once you have them. Surthriving in the brave new world of sickcare requires not just a new playbook, but players with new skill sets to execute the plans. Knowledge technicians are as obsolete as an NFL team with a running game but without a passing and special teams plan. Unfortunately, HR managers are getting it wrong. ...

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Attacking the Problem of Doctor Burnout

The IHI Triple Aim is to lower per capita costs, improve the quality of outcomes and improve the patient experience.Add the doctor experience and you have the quadruple ain. Some patient engagement and experience experts say there are 5 steps to making it happen: 1. Establish vision 2.Create a culture of engagement 3. Employ the right technology 4.Empower patients 5. Be ...

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We need MD/MBEs not MD/MBAs

In my view, we are training too many MD/MBAs that don’t add value to the system and that many programs should be terminated or restructured. Also, more medical students are jumping ship to pursue non-clinical careers. While the numbers may a small portion of the roughly 20,000 first year US medical students, the trend is evident. Instead, we should consider re-shuffling the ...

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What They Won’t Teach You in HA school, Medical School or Residency

I think “health administration” is an anachronism, since we have a sick care system masquerading as a health care system and the last thing we need is more administrators, rather than leaderpreneurs. Consequently, those offering programs to students interested in being health systems administrators offer courses and measure competencies designed to fight a phony war. Instead, they should be requiring graduates to demonstrate the ...

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The Sickcare Innovation Bubble Problem

A bubble is an economic cycle characterized by the rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive sell-off occurs, causing the bubble to deflate. The pattern of a ...

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Sickcare Intrapreneur Innovation Roadmap

Sickcare professional entrepreneurs come in several flavors: private practitioners, technopreneurs, social entrepreneurs, edupreneurs, academic entrepreneurs, service providers and physician investors. Some are intrapreneurs i.e. employed physicians trying or expected to add value to their employers by acting like entrepreneurs. In other words, they are trying to create employer defined value through the deployment of innovation by deploying a product, service ...

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Problem Seeking 101

The 12 steps to biomedical innovation starts with being a problem seeker, not a problem solver. Eventually, to be successful, customer problems and solutions need to meld around a VAST business model i.e. one that is not just profitable, but that demonstrates: 1. Validity Regardless or which elements of your model you choose, they have to be valid. In other words, the dogs have to ...

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How to Create Your Startup Lineup

Every entrepreneur who has succeeded or failed (is there a difference?) has advice about how to get the right people on the bus. What questions should you ask at the interview? What character traits should you seek and how do you do that? How much is science and how much is just going with your gut and whether you click? What Google ...

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