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 …
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 …
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 …
There are three basic ways to establish or TEE up a competitive advantage: Technological excellence, Execution/operational excellence and customer Experience excellence e.g speed, convenience, service and high touch. You must dominate on one, but be equally competitive on the others. Here is how to measure them. While policy makers are pushing value based care, convenience care is more important to …
The matchmaker business model, connecting one party interested in connecting with another party, whether it be with romantic or business intent or building a community of interest, is common. Now that doctors and startups are interested in working with each other or doctors are interested in finding clients for their side gigs, the dating docs models are expanding. Like all dating services, however, their …
There are large variations in US sickcare. Surgery rates for a given condition vary depending on where you live and the costs are all over the map too. When it comes to outcomes, the numbers are hard to come by for any given doctor, so who knows? But, with advances in data acquistion and analytics, treatment metrics …