What is the prognosis of physician entrepreneurship?

1. PHYSICIAN
ENTREPRENEURSHIP:WHAT’S
THE PROGNOSIS ?
Arlen Meyers, MD, MBA
University of Colorado
Society of Physician Entrepreneurs

2. DISCLOSURES
Cliexa, Circuit Clinical, Cybx, MI10, Cerescan,
Neosoma, WebMD/Medscape, C2E, IHS, Ryte Health

3. PROGNOSIS:
GUARDED
What do you
think?

4. ECOSYSTEMS STRENGTH/BARRIERS =EI
THE U.S. HEALTH SYSTEM RANKS LAST IN A NEW STUDY
ON QUALITY AND ACCESSIBLE CARE AMONG 11 HIGH-
INCOME COUNTRIES
SURVEYED. HTTPS://WWW.FIERCEHEALTHCARE.COM/PRACTICES/U-S-RANKS-LAST-
AMONG-10-OTHER-COUNTRIES-NEW-STUDY-HEALTHCARE-
SYSTEMS?UTM_MEDIUM=NL&UTM_SOURCE=INTERNAL&MRKID=112043845&MKT_TOK=MJK0LU1
RRI0WNTYAAAF-TUEDOJUL2RQHRXEKFGUVXUEILULBWO-TGCOO4WHMX0XFBUPJTAZX_KE6F-
Rules drive ecosystems
Ecosystems create products and
business models
Business models enable or disable
delivery of value (entrepreneurship)
Money, talent and technology go where
they are treated best

7. VITAL SIGNS
 Education and training
 Seed stage money
 Networks
 Mentoring
 Peer support
 Access to pilot partners
 EMR integration barriers
 Organization innovation culture
 P/T credit for entrepreneurship
 Non-clinical career opportunities
 Rules and regulations
 Medical student selection policies
 Medical education reform
 Ecosystem integration
 Accelerators/incubators/scalerators
 Emphasis on creating companies

8. GLOBAL ENTREPRENEURSHIP INDEX
HTTPS://THEGEDI.ORG/GLOBAL-ENTREPRENEURSHIP-AND-DEVELOPMENT-INDEX/
 #1 United States
 #2 Switzerland
 #3 Canada
 #4 United Kingdom
 #5 Australia
 This process creates 14 ‘pillars’ which GEDI uses to measure the health of
the regional ecosystem.

9. DOES SOCIAL SPENDING (COUNTRY
LEVEL) IMPACT ENTREPRENEURIAL
ATTITUDES AND ACTIVITY (COUNTRY
LEVEL)?

There is a negative link between
social spending and
entrepreneurship.
https://link.springer.com/article/10.1007/s11187-
021-00458-9

10. WHY IS THE US
SICKCARE SYSTEM
LAST IF THE US
ENTREPRENEURIAL
ECOSYSTEM IS
FIRST?

11. PROGNOSIS:
GUARDED
What do you think?
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