Opening Keynote Dr. Fitzgerald, Stanford Medical
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There has been much concern regarding physician unhappiness. Recent article by Dr Arlen Myers was excellent called “Take this coat and shove it”. Here is my contribution and concern.
The high levels of physician unhappiness are many, overworked and under-respected. Employed physicians are being driven to comply with Six Sigma lean efficiencies, no more private offices but instead cubicles, no more respect because you are just another “team member” and you must reply to emails, protocols and EMRs You are just another crew member on a ship without a captain.
You used to be the captain, what happened? If you look at the military and corporate America, there is a hierarchy of responsibility and leadership. No not any more in many hospital systems employing physicians. If you raise your voice over a patient care concern or a demand to higher excellence, a computer icon with the label “incident report” is easily alarmed. In fact, a self destructive new culture has arisen, a “disruptive physician” label could cost you your career! The word “disruptive” in Silicon Valley has been the term of innovation and futuristic change. Not in medicine, politics, oppression of respect and leadership is what this new environment is producing. The physician bears all responsibility in his or hers patient’s outcome, but no ability to press for excellence or improvement when a team member takes a lower road to delivering quality healthcare.
In private practice, I had the ability to deliver the best personalized healthcare. I created my own EMR that was optimized to enhance the team’s workflow and managed the care of my patients. I knew the past medical history of my patients whom I had cared for over 20 years. I had the captain’s role in my practice and my team respected and moved to my guidance.
I believe that there will be a disruptive development in healthcare payment methodology and in insurance contracting narrowing the gap of charges made to insurers and private pay patients. This will give patients an enhanced ability to chose quality and doctors will thrive in private practice again.
Hospitals going in the direction of integrated Healthplan models will succeed as has Kaiser has done.
My pain is from the empathy that I have for my colleagues who have lost the ability to lead this system out of the mud and into the light. The doctor-patient relationship is the light of a patient centric high quality care model. Fight to keep this true.
Steve Blank, Serial Entrepreneur; Founder, E.piphany; Professor, UC Berkeley and Stanford Engineering; Author, The Startup Owners Manual
In conversation with Dan’l Lewin, Corporate Vice President of Strategic and Emerging Business Development (SEBT), Microsoft
Join Silicon Valley serial entrepreneur-turned-educator Blank in a lively discussion with Dan’l Lewin of Microsoft. This program will introduce best practices, lessons and tips that have swept the startup world, offering a wealth of proven advice and information for entrepreneurs of all stripes. Hear about a tested and proven Customer Development Process, helping get it right –and how to “get, keep, and grow” customers.
You may read my review of the live event that happened on Sept 9, 2014 on Innov8Med.com
Another historic moment in Apple’s history.
- The iPhone 6 and 6 plus
- Apple Pay
- Apple Watch
10 Reasons Doctors Make Great Entrepreneurs
Article by Arlen Meyers, MD, MBA
My response to his article.
I really enjoyed reading your article. Very well stated and I agree that physicians have the genetics and training to be great guides in healthcare innovation. The unfortunate reality is that currently doctors are working triple time and can’t do both; clinician and startup CEO. They can find great intellectual stimulation from ideation and invention. This is not enough!
Physicians with great ideas need a pathway to protecting the IP, building a team, forming a company, self funding the early phases. They must have financial skin In the game. They should be advised to team up with an experienced team. Great corporate attorneys are a must as is a part time CFO. Determining proper regulatory guidance with FDA, CE mark and reimbursement pathways.
Then consultants to help refine executive summaries, business plans and investor pitches. Raising funding is a full time job! Presenting to Angel investors, VCs or strategic partners.
Exciting but a difficult ride. A doctor can not both be a clinician and a startup CEO. I know because I tried and failed. I sold my clinical practice 6 years ago and have devoted my full time to healthcare innovation and guiding startup CEOs. I am the managing director of http://Venture-Med.com