Weekend #healthcareentrepreneur Learning:
"Decision by Monty Hall strategy"

The Monty Hall strategy works when only one party is making a random selection. Let's look at how the probabilities change when the counterparty is making non-random selections.

https://sites.google.com/view/medfinventures/labor-decisions/decision-by-monty-hall

#physicianleader #physicianentrepreneur #PhysicianLeadership #healthcareleaders #healthcareleadership

Embracing entrepreneurship in medicine

Andrea Wadley is a pediatrician.

https://youtube.com/shorts/1IJfiooJKNs?feature=share

Listen here: https://kevinmd.com/podcast

#MedicineMavericks #PhysicianEntrepreneurs #InnovateHealthcare #EmpowerDoctors #MedicineRevolution #DoctorDrivenChange #HealthcareTrailblazers #PhysicianLeadership

Weekend Healthcare Entrepreneur Learning

"The pluripotency of cash: a deconstruction of a U.S. hospital's financial state"

Our case and data pertain to a community hospital in the United States. The hospital is threatened with a full corporate takeover Let's look at the numbers reported and understand what could be the source(s) of ire.

https://sites.google.com/view/medfinventures/assets-liabilities/pluripotency-of-cash?authuser=0

#physicianleader #physicianentrepreneur #healthcare #healthcareentrepreneur #healthcareleaders #PhysicianLeadership

Weekend learning:
Strategies to make entrepreneurial decisions.

MedFinVentures.org explores strategies to help #healthcareentrepreneurs make decisions by:
- Influence
- NPV
- Judo strategy
- Monty Hall strategy (live soon)

Find them under the *Labor & Decisions section 🔓

#physicianburnout #physicianentrepreneur #PhysicianLeadership #healthcareentrepreneurship #healthcareentrepreneur #healthcareleadership

“Decisions by Judo strategy”

What happens when you're presented with an unexpected term for what seems to be a routine deal? Let's use the Judo strategy to determine how (sub)optimal the term is.

https://sites.google.com/view/medfinventures/labor-decisions/decision-by-judo

#physicianburnout #PhysicianLeadership #physicianentrepreneur #HealthcareProfessionals #healthcareleadership #healthcareentrepreneur #healthcareentrepreneurship

#Healthcare professionals pay a high cost for pursuing a single dream.

In this exposition, “Opportunity cost: reduce your debt or follow your heart?”, we go through the financial mathematics to help you achieve a dream @ a lower cost. 🔓

https://sites.google.com/view/medfinventures/assets-liabilities/opportunity-cost-vs-debt

#meded #FOAMed #physicianwellness #PhysicianLeadership #physicianleaders #healthcareentrepreneur #healthcareentrepreneurship

“Value erosion through intent and inflation”

An exposition about the proposed CMS physician fee schedule. Physician practices will need to aggressively adjust.

5 min read @ https://sites.google.com/view/medfinventures/valuation-equity/erosion-by-inflation 🔓

#healthcare #physicianleadership #physicianentrepreneur #healthcareleadership #medicine #medmastodon #science #meded #FOAMed

#tipsfornewdocs

Provider finances: The pros of self-publishing scientific work

Journals charge authors to publish their work, limiting their ability to share research. Self-publishing is a novel way to circumvent this obstacle. Here are my tips.

https://nephondemand.substack.com/p/the-pros-of-self-publishing-scientific #meded #physicianentrepreneur #healthcarefinance #physicianleadership

Building strong relationships in healthcare: the art of giving feedback

As healthcare professionals, it's important to maintain strong relationships with our colleagues, patients, and staff. One key aspect of this is providing feedback in a gentle and effective manner.

Susan MacLellan-Tobert is a pediatric cardiologist.

https://youtube.com/shorts/aGDztdERc9U

Listen here: https://kevinmd.com/podcast

#GivingFeedback #HealthcareRelationships #EffectiveCommunication #PhysicianLeadership #CollaborativeCare