I recently read an article on how two Best Buy power players, the Founder and the new CEO, went from enemies to a unified front. The three main points on how the new CEO diffused the situation are as follows. Show humility This is the most common error I see. People think “respect” is earned through
I have spent hours thinking about and challenging this idea in my mind, but it keeps reproving itself to me over and over. Consider who you spend the most time with, and most likely you are the average of those five friends in all areas of life: Belief System Philosophy Politics Hobbies Intelligence Income
A growing trend in our industry is “Physician Dispensing.” This is when a medical provider sells the drugs from their office instead of writing a prescription and sending them to the pharmacy. Some companies will go to physician offices and set up “vending machines” with the most common drugs to be sold. Then physicians get
I am sure all of you heard about the “ban” on large sugary drinks in New York City. I was very happy to see that a judge overruled it (Comrade Bloomberg will appeal that ruling). It was nice to see the judicial system play its proper role in controlling the expansion of government. This to
There is a trend towards consolidation in the healthcare industry. We’re seeing hospitals buying up medical provider offices (or forming them). The main financial advantage is that they can then bill at hospital rates or bill for things like room charges without the actual hospital overhead. This article documents one example of this practice in Boston.
I’ve been looking at schools for my two-and-a-half-year-old daughter and I was floored by the quality of education available today. One school, Near North Montessori, really stood out from the rest. It’s fostering a science and culture of learning that is unbelievable. The days I remember of mindless memorization and hours of sitting bored and
Medical inflation in workers’ compensation is back. This article in Managed Care Matters documents the trends that we have seen in our own data. Studies in IN, VA and NJ show significant increases. Facility and hospital costs are driving a lot of this increase. For those of you who do not know the trends in the industry,
