Health/Healthcare

The New ‘Golden Age’ of Medicine

There’s No Better Time to Be a Doctor Victor Fuchs and Mark Cullen published an article in JAMA questioning the impact changes in health care systems have on doctors. The authors argue that the medical education establishment should respond to such changes with curriculum reform that includes, among other things, health economics and population health. They further provide a short history of health ...

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The Genomics Revolution Is Now Moving At Full Steam. Here’s What It’s All About:

We tend to think of innovation as a single event, but the truth is that it’s an extended process of discovery, engineering and transformation. First, a scientist discovers a new phenomenon, then others figure out to use that knowledge to create a viable solution to an existing problem and finally a particular industry or field is transformed. This process usually ...

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Using Blockchain Innovation to Rebuild Trust in the Food Industry

Using Blockchain Innovation to Rebuild Trust in the Food Industry

Consumer trust is one of the biggest hurdles that the food industry is up against today. A recent Food and Health Survey uncovered a serious trust deficit between consumers and food manufacturers and suppliers, and we don’t have to look far to see why. In October 2018, J&J Snack Foods recalled its Fit & Active sandwiches from Aldi stores due to potential contamination with ...

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Best Practices in Bioentrepreneurship Education

Entrepreneurship education programs are expanding rapidly and recent polls indicate that 20-25% of B school applicants are interested in starting their own business. Many applicants, including medical school and graduate school applicants already have, but feel they lack the business skills to start and scale their companies. Consequently, there are more Masters in Entrepreneurship programs sprouting up around the world. In addition, bioentrepreneurship ...

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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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We Need a Cyber Czar to Run CARPA

Doctors and their patients are joining forces in a pitched battle. There are six technologies that are colliding in sick care. They represent the front lines of the 4th Industrial Revolution. Which side wins will have significant impact on the future of medicine and society. The 4th Industrial Revolution is a mental model created by the leaders of the Joint Economic Forum and ...

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