Every week, MedCity News highlights the best of its MedCitizens: syndication partners and MedCity News readers who discuss life science current events on MedCityNews.com.
Now here’s the best of what YOU had to say:
Hiring young, impressionable talent a must for healthcare startup’s success. The trick is to hire future business leaders while they’re still young and impressionable enough to absorb the lessons of commerce, and don’t mind a mentor (meaning you) who provides the kind of no-nonsense career and management guidance needed to turn today’s 25-year-old salesperson into your future director of sales or even future CEO.
The Hidden Administrative Tasks Draining Small Practices
Small practices play a critical role in healthcare delivery, but they cannot continue to absorb ever-increasing administrative demands without consequences.
Health care reform: Minnesota style. For various reasons, Minnesota is further along on the road to health care reform than the rest of the country. This is due in large part to self-funded employers’ sophisticated approach to buying health care in this market, the presence of large integrated care systems, the passage of significant state health care reform legislation in 2008, and the advanced capabilities of the major health plans.
What would a doctor’s version of Occupy Wall Street look like? Must doctors accept the pervasiveness and intrusiveness of the inside game in health care? If they didn’t, I wonder what doctors’ placards might say?
An innovation dilemma: Surgeons becoming investors and customers. No physician inventor should apologize for making money off an innovation that improves medicine. Certain orthopedic surgeons, however, have pushed a tenuous ethical line in how they distribute their own devices.
How much will slumping VC investment hurt the life sciences? For the next 10 to 20 years the name of the game is constraining the growth of health care costs while increasing quality and improving the patient experience. There is a (small) role for drugs and devices, but much larger opportunities in health care service innovation and health information technology. Some of these emerging opportunities are appropriate for venture funding, but others don’t require much capital or lack the potential for venture-style returns.