By Lena Canon Why are physicians getting into entrepreneurship? There are generally multiple factors that influence why physicians start a business. Wesley Greenblatt, a physician and part-time instructor at Harvard Medical School, states that culture, professional values, peer influence, and market opportunities are the main factors that affect physicians’ interest in entrepreneurship. And of all these motivators, Greenblatt emphasizes that cultural mindsets and peer influence play crucial roles in fostering an entrepreneurial spirit among physicians. It seems that many physicians also go into business to establish their private practice. This entrepreneurial culture is essential among private practitioners who are currently using telemedicine platforms. Your entrepreneurial skills will help onboard patients and maintain a… もっと読む »
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How to mitigate telebubble risk in private practice
According to a recent article, there might be trouble in TeleRiver City There are three scenarios-the good, the bad and the ugly. Whether the expediteded rules changes concerning licensing and reimbursement persist will have a large effect on the continuing dissemination and implementation of telemedicine and to what degree. So, if you are in private practice deciding how to create a telemedicine strategy moving forward, what should you do? Create a telemedicine infrastructure is you have not done so already Use data to decide who, what, where,when and how you should use telemedicine for the least cost Since fee for service pricing and reimbursement might evaporate, consider using telemedicine as… もっと読む »
What you should learn from the Google Health failure
There used to be a time when almost everyone was asking, “What would Google do with sickcare?” Google health has pulled the plug on their sickcare venture. So did Haven. So did Microsoft. Maybe if the folks in the corner offices (remember those) or at their beach villas working from home talked to some doctors sooner, things might have been better. You remember who doctors are, right? They are those people in the white coats who actually take care of the patients you are trying to convince to use your products. Here are some ideas on how to find them. However, Google, by no means, is getting out of the sickcare business. Google says it… もっと読む »
So, You Have an Idea, But Do You Have a Clue?
By Eric Kirsch, Leader of SoPE Charlotte, North Carolina Chapter So the surgeon turns to me and says “I would love to tell you my idea, but first I need you to sign this NDA”. I chuckle for a few seconds. But my answer is “no”. These days I get approached by a lot of colleagues who want to share with me their brilliant ideas for a world-changing healthcare innovation. These closet entrepreneurs have gone through intense medical training and society has convinced them that they are very smart people. Most of them are. However, that same training often ignores, nay suppresses, an entrepreneurial mindset. Our discussions are like an… もっと読む »
SoPE & The Japan Ministry of Health
In the last decade, entrepreneurial spirit within the United States has grown rapidly across various industries, but especially in the medical and healthcare fields. Many practicing physicians have entered the entrepreneurial world, creating new inventions themselves, launching companies or acting as consultants or advisors for medical device companies. We often we take for granted the entrepreneurial spirit in the United States. Jeffery Hausfeld, MD, MBA, FACS and Rania Nasis, MD, MBA had the pleasure of speaking with individuals from Chiyo, the Japanese Ministry of Health about the success of medical and healthcare entrepreneurial ventures in the United States and how physicians and their roles have evolved over the last decade,… もっと読む »
What doctor shortage?
The conventional wisdom seems to be that we will be facing a doctor shortage due to the 10,000 boomers turning 65 each day, disparities in geographic distribution and inappropriate specialist/generalist ratios. Add that to the bottle neck in graduate medical education funding and the pundits would have you believe you’ll need to go the black market to find a doctor in the future. A report from the Association of American Medical Colleges further underscores the projected physician shortage in the U.S. There could be anywhere from 54,000-139,000 fewer doctors in the U.S. by 2033, according to the report, which also predicts a primary care physician shortage of up to 55,200. Medical specialties, including surgical specialties,… もっと読む »
The courage to innovate
Being an innovator takes courage, confidence and conviction. You are a guerrilla fighter waging war against the status quo, vested interests and corporate bureaucracy that have sophisticated defenses against intruders that seek to threaten their cash flow, culture and business models. You are fighting for the hearts and minds of patient customers ,payers, providers and non-users alike and will need to overcome your fears, willing to sacrifice and do the hard work. But, would you push someone who is afraid of flying into an airplane? Here are some tips on how to overcome your fear of failure. You can also try these tips to overcome your other fears. What will you do today that… もっと読む »
The problem with “list and leave”inventors
The real estate industry has a term for a certain type of realtor behavior-list and leave. Maybe you have experienced it the last time you hired a realtor to sell your property. What happens is after signing a listing agreement, the realtor puts a big, attractive sign in your front lawn and lists your property on the multilist service. Then, they drop out of sight. Ghosted. Dark side of the moon. After waiting for potential buyers to do most of the work on the internet, the next time you see your realtor is at the closing table where your friendly agent collect their commission check. Maybe that’s why some realtors will… もっと読む »
The entrepreneurial v the clinical mindset
Innovation starts with the right mindset. For that reason, doctors with a clinical mindset have some characteristics that are entrepreneurial keys. However, there are many more entrepreneurial mindset traits they lack. So, if you are a sick care professional, like a doctor, nurse, pharmacist, dentist or allied health professional interested in entrepreneurship or a non-clinical career pivot, then you not only have to change your mind about things, you will have to change your mindset as well. The 14 scales measured by the second (and final) version of the Entrepreneurial Mindset Profile (EMP). Personality Scales Independence: The desire to work with a high degree of independence (e.g., I’m uncomfortable when expected to follow… もっと読む »
How to find your innerpreneur
There are entrepreneurs and there are intrapreneurs, employees acting like entrepreneurs with in their organizations.. But few recognize that there are many innerpreneurs. The entomology of the entrepreneurial life cycle resembles an insect that goes from the egg to the larval to the pupal to the adult phase. If just takes fertilization for the process to begin. Innerpreneurs are latent entrepreneurs but just need a push to get going. Many physicians, scientists and engineers, more than we admit, have it in them, but they need some help to realize it. Many doctors associate overachievement with love. Consequently, they are masters at doing what they are told to get to the next level of achievement…. もっと読む »
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