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We all know the saying, "Necessity is the mother of invention". However, necessity is at most a distant relative when it comes to innovation, since there is a big difference between an idea, an invention and an innovation.   An idea is a thought , like the Hotel California, that checks in but never leaves. An invention is an idea reduced to practice. An innovation, however, is something tha...
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Digital health entrepreneurship continues to explode. Both medical professionals and technologists are eagerly creating information and communications techologies to improve human health and investors seem to like what they see, ouitpacing investments in medtech and biotech http://www.healthcareitnews.com/news/digital-health-investment-rise While the industry continues to evolve, some trends are...
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A portfolio career means participating in multiple jobs or roles either simultaneously or sequentially, instead of just one. In other words, instead of planning to identify one job ladder and climbing it, portfolio careerists or "slashers" build  multiple ladders and move from one the other depending on their talents, time and inclination. Physicians taditionally do not have a portfolio caree...
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Tagged in: career planning
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Posted by on in Innovation
Innovation is not just about new drugs or devices. It also includes processes and systems. In the case of biomedicine and health, biomedical innovation is exemplified by new drugs, devices, diagnostics, vaccines , biologics and combined products. The term "health innovation", on the other hand, usually is used to describe digital health products and services, care delivery channel innovations, bus...
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The concept of a portfolio career, significant involvement in one or more areas (portfolios) of activity outside of a primary job role, either concurrently or sequentially, is nothing new in business. In fact, several companies have developed infrastructure and processes to encourage workers and management teams to expand their interests and skills. Sabbaticals, knowledge exchange programs, volunt...
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Here's a common scenario. A physician entrepreneur develops an innovative technology and wants to work with a university or hospital organization or industry participant to be a strategic partner.   Early stage companies, particularly those in digital health, frequently are looking for strategic partners to validate and co-develop their products or services. There are significant barriers, ...
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I recently had the opporunity to discuss digital health entrepreneurship in front of a group of graduate level students and faculty at a local university. Most were interested in entrepreneurship, but, like a lot of people, they didn't know what they didn't know when it came to eHealth innovation and what it takes to get an idea to a patient. They seemed genuinely interested, not just as students,...
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Posted by on in Uncategorized
We are witnessing the transformation of patients from patient-customers  to patient-self providers. Do it yourself (DIY) medicine and behavioral health is becoming commonplace with the availability of online diagnostics and blood tests, more sophisticated consumer health products, digital health mobile medical apps, and community based support and education groups. Crowd funding platforms and...
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Posted by on in Uncategorized
My brother in law was a partner in a very well know, reputable and long standing pulmonology group, until they were acquired by a large local hospital network.   This scenario is becoming all too familiar across the country as large hospital networks acquire local private practices, groups and facilities.  Recently, this topic has been addressed ad nauseam, but running a private pra...
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Posted by on in Uncategorized
In his now famous graduation speech to a Stanford Business School class, Steve Jobs advised, "Stay hungry and be playful". I'm sometimes asked what motivated me to make the turn from pure academic clinical medicine to a interest in biomedical and health innovation and entrepreneurship. My answer: Anger and revenge. As an academic interested in bioengineering solutions to oral cancer, I was in...
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Sometime,  I get an inquiry like this:   "Hi Dr. Meyers. I was reading some of your post on the SoPE website and social media and was wondering it you wouldn't mind taking some time to read the enclosed business plan for an idea I have and was wondering if you could give me some advice on where to find investors"   Here's what I've observed: 1. People describe ideas that have n...
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Dotors are grumpy for lots of reasons. One is their frustration with elecronic medical records and how users have been mandated to use them. No one seems to disagree that the digitization of healthcare data must happen to revolutionaize how we practice, but most docs now feel like high priced data entry clerks inputting data so they will get paid for their services. What do doctors want from tec...
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The rise in employed physicians continues unabated. While the number of doctors in independent practice in the US is still above %50, most medical students say they have little or no interest in private practice, residents are increasingly seeking employed situations, and private practitioners are jumping ship in increasing numbers to the perceived safe harbor of academic or non-academic employmen...
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The Health Information Management Systems Society (HIMSS) is a SoPE PAL (partners and allies) at www.sopenet.org  Together, we are advocating for the creation, development and deployment of digital health technologies in an effort to reduce costs, improve population health, improve access and enhance the patient experience.   In December, 2013, HIMSS released their roadmap for mHealth ...
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http://www.vidoyen.com/questions/how-do-we-improve-physician-entrepreneur-digital-health-industry-integration/answers/arlen-meyers-md-mba...
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http://www.vidoyen.com/questions/can-healthcare-usa-inc-be-fixed-from-inside/answers/arlen-meyers-md-mba...
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Posted by on in Uncategorized
Electronic Medical Records (EMRs) are troublesome. While all agree that the digitization of healthcare data and its conversion to actionable information is an inevitable requirement if we are to achieve reduced costs, better outcomes and an improved patient experience, pratitioners particularly, are pushing back. Among the complaints are the cost, lack of interoperability, poor user interfaces r...
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Digital health clusters are popping up around the country reminiscent of the biotech boom several years ago. Whether in Colorado, NY, San Franscisco or Austin, each is laying claim to the being the "digital health capitol of the US" and enticing enterprising entrepreneurs to join the show.    However, there is are no defined metrics with it comes to measuring the effectiveness of digit...
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Posted by on in Uncategorized
I was recently invited to be a guest presenter at www.vodoyen.com to talk about education, physician entrepreneurship and healthcare. The format allows me to give brief presentations on a specific topic of interest to those who susbscribe to the site and to others linked on social media like Linkedin, Facebook and Twitter @ArlenMD and @SoPEOfficial.     Physician entrepreneurs nee...
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The inevitable result of connected care wil be the production of infinite data points. They'll come from mobile devices, monitors in hospitals, wearables and consumer items like cars, watches and refrigerators. The result will be a cacophony of electrons and pixels demanding attention from someone who can make sense out of all this and do something about the result. Unfortunately, doctors are woef...
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