Thriving in medical practice means practicing Othercare. One element is to be sensitive to rapid change in the environment and adapt. Price Waterhouse has saved you trouble and outline the future. Here are some ways to respond:
Read MoreIBM Watson is getting closer to helping your doctor read your X-rays and aims to make sense of a growing pool of health care-related data to help patients and providers make better decisions. Deborah DiSanzo, former CEO of Philips Healthcare, was named its head and general manager in September. Since April, Watson Health has added 100 companies to what IBM calls Ecosystem, allowing them to access Watson data to develop analytics and insights.
Read MoreMedical education is changing. One criticism is that medical students are not getting the business of medicine tools they need to succeed. The present void gets filled by everything from MBA programs to weekend practice management courses. Other note that even business schools should not promote entrepreneurship, so why should medical schools? Here's why:
Read MoreThe Association of American Medical Colleges predicts that by 2025 there will be an estimated shortage of 12,000 to 31,000 primary care physicians. One of the main issues fueling this shortage is the aging physician workforce from the baby boom generation that is preparing to retire, meanwhile an estimated 30 million Americans have purchased insurance since 2010 through the Affordable Care Act. The following are six alternatives to help address care shortages and to lower costs:
Read MoreThe USDA's Rural Development's Distance Learning and Telemedicine Program will add $23.4 million in additional funding for 75 new projects in 31 states. These grants are used to purchase telemedicine educational tools, equipment and services in rural areas because those areas often lack access to specialized medical care or advanced educational opportunities.
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