Digital health and artificial intelligence are finding their way into sick-care.
Worse case, some products are snake oil. Best case, the technologies help to create significant stakeholder value and care transformation.
So what is the job hospital executives want your AI solution to do? What problems do they want you to solve?
According to a recent roundtable discussion, here's what execs would like to see under their tree this season:
The first step in entrepreneurship is to understand the customer's problem.
At first, be a problem seeker, not a problem solver. Once you have set the foundation and vision, then you can move through design, development, deployment and dissemination and from a startup to a scale-up to a grown up. Once that happens, then it's time to start over reinventing your company and model before someone else does.
Digital Health Entrepreneurship is available on Amazon and Springer.
Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs and advisor at MI10.
Execs are profit driven
They make too many big decisions too quickly.
Good post
To increase your chance of success, create a support team or surround yourself with non executive directors.
It really takes a humble doctor to admit that they've messed up. Excellent thoughts Arlen.
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.
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