Arlen Meyers, MD, MBA Healthcare Guru

Arlen Meyers, MD, MBA is a professor emeritus of otolaryngology, dentistry, and engineering at the University of Colorado School of Medicine and the Colorado School of Public Health and President and CEO of the Society of Physician Entrepreneurs at www.sopenet.org. He has created several medical device and digital health companies. His primary research centers around biomedical and health innovation and entrepreneurship and life science technology commercialization. He consults for and speaks to companies, governments, colleges and universities around the world who need his expertise and contacts in the areas of bio entrepreneurship, bioscience, healthcare, healthcare IT, medical tourism -- nationally and internationally, new product development, product design, and financing new ventures. He is a former Harvard-Macy fellow and In 2010, he completed a Fulbright at Kings Business, the commercialization office of technology transfer at Kings College in London. He recently published "Building the Case for Biotechnology." "Optical Detection of Cancer", and " The Life Science Innovation Roadmap". He is also an associate editor of the Journal of Commercial Biotechnology and Technology Transfer and Entrepreneurship and Editor-in-Chief of Medscape. In addition, He is a faculty member at the University of Colorado Denver Graduate School where he teaches Biomedical Entrepreneurship and is an iCorps participant, trainer and industry mentor. He is the Chief Medical Officer at www.bridgehealth.com and www.cliexa.com and Chairman of the Board at GlobalMindED at www.globalminded.org, a non-profit at risk student success network. He is honored to be named by Modern Healthcare as one of the 50 Most Influential Physician Executives of 2011 and nominated in 2012 and Best Doctors 2013.

 

Equitable Entrepreneurship

Biomedical entrepreneurship is the pursuit of opportunity under conditions of uncertainty with scare resources with the goal of creating stakeholder defined value through the deployment of innovation using a VAST business model. Consequently, there are many ways to practice entrepreneurship without doing it full time and without necessarily creating a new company. The goals are stated to be better quality, lower costs, equitable access, a better patient and doctor experience and improved efficiencies and effectiveness of business and operational processes.

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How to Avoid Iceberg Innovation

Creating a culture of innovation takes a lot of work. Even when successful, it is typically unevenly distributed and good ideas tend to just pierce the waterline, like an iceberg, leaving most unseen.

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Innovation is an Outcome Not a Process

A business school colleague recently said that academics, frustratingly, are more about process than outcomes, and, that, occasionally, the process results in favorable outcomes. When processes are designed and portrayed as efforts to create innovative outcomes with out results, it's called innovation theater. Some cynics call it strategic planning.

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Healthcare Entrepreneurs are Pioneers, Not Navigators

I co-authored a book called The Lifescience Innovation Roadmap. I now realize that the title is misleading. You see, the entrepreneurial journey is more like finding your way from one place to the envisioned next without clear roads, exits or navigational aids. Instead, it is mostly about exploring, experimenting and pioneering in uncharted waters without clear landmarks, signs or directions.

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The Medical Student Guide to Physician Entrepreneurship

Some of you might have taken my advice to a premed, and, despite your misgivings, are now medical students.

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