Glad you asked. I’ve been extremely interested in the medical “problem” of late- rising costs, increased government intervention, corporate interests, doctor’s interests, insurance interests, and lack of ability of the patient to select procedures, doctors, and be cost effective. With political campaigns tied to universal health care, the issues are front and center.
To me the […]
Forbes magazine’s medicare piece on how medical costs increase due to corporate lobbying for CT scanning coverage that drives equipment sales, reveals the market’s reaction:
Congress: “…tried to rope in runaway Medicare costs by dramatically cutting imaging payments in outpatient settings…”
Private Insurers: “…Companies like CareCore Radiology, American Imaging Management and National Imaging Associates cropped up to […]
Forbes magazine’s medical industry piece “Cranking Up the Volume” comments on GE’s lobbying efforts for medicare coverage for CT scans enabling sales of CT scanning equipment:
“The party has gone on too long”.
Apparently, excessive coverage for CT scans has led to over doing and “over” covering the scans, thus increasing medical costs:
“Radiologist David Gruen used to […]
Forbes magazine recently wrote about the medical industry in “Cranking Up the Volume“. Presumably, higher “volume” means more visibility into the processes behind medicare, medical equipment, and diagnosis. My contention is that our medical costs will go down if we can increase competition. Competition usually comes into play when information becomes available- information about services, […]
Innovation. Seemingly a magical, creative art where ideas pop into the mind of relaxed and receiving brain cells (the hilarious “ideation” commercials come to mind where an incredulous manager says, “What are you doing?”, and the existential group leader responds, “Ideating”). Actually, there are NOT many NEW ideas and the “innovation” comes with successful market […]
“Companies should devote R&D to new business models just as they do to new products. A new CEO today will need to preside over a changed business model three or four times in his career, but no one really knows how to do it. It’s not taught in business schools, and there is much to […]
Think of a business model where a firm provides services with a global freelance resource base: is it writing? editing? software development? CFO magazine’s article on “Gaming the System” introduces TopCoder, not only as a global freelance software development operation, but one that has participants compete on providing the best code for it’s application work. […]
Innovation and executing strategies through projects
Written by Kim Beasley [email] for b5media.
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