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We speak with Dr. Arlen Meyers, founder of Society of Physician Entrepreneurs (SoPE) about his entrepreneurial journey and why he started SoPE. SoPE accelerates innovations to improve healthcare. SoPE seeks to empower doctors, other healthcare providers and entrepreneurs with the information, resources, connections, and experience they need to commercialize their ideas, inventions and discoveries. To learn more, select the following link: https://sopenet.org/ #physician #entrepreneur #doctrepreneur #SoPE
I'm Dr. Myrdalis Diaz-Ramirez. Welcome to Episode #87!Today we have a very special guest, Dr. Arlen Meyers from the Society of Physician Entrepreneurs! We are going to be discussing physician entrepreneurship, why it's not for every physician, developing the entrepreneurial mindset, and much more. Are you ready? Let's go!Engage with Dr. Draelos' resources here:LinkedIn: https://www.linkedin.com/in/ameyers/ Society of Physician Entrepreneurs: https://sopenet.org/Follow Dr. Myrdalis Diaz at these links: Website: drmyrdalisdiaz.com Podcast: Design Your Physician Life Linkedin: drmyrdalis Facebook: myrdalisdiaz Instagram: drmyrdalisdiaz
In this episode, Arlen Meyers and Duane Mancini discuss Sick Care vs. Healthcare, digital therapeutics, value based care vs. fee for service care, clinical advisor boards, and so much more. Arlen Meyers LinkedIn SOPE Website Project Medtech Website Project Medtech LinkedIn Duane Mancini LinkedIn
Everyone in business serves an audience. Some call them customers, others might call them clients, or guests, or associates, or constituents. In health care, we call them patients, of course. But we are all one of those consumers on the buying side of the equation. Well, my guest today is here to talk about the ways that we access health care today and how a new generation of physician entrepreneurs is redefining patient engagement in the patient experience. I'm talking with Dr. Arlen Myers, President and CEO, of the Society of Physician entrepreneurs. You can find Arlen Meyers at: http://www.sopenet.org/ https://www.linkedin.com/in/ameyers/ You can find David Avrin at: www.davidavrin.com www.linkedin.com/in/davidavrin www.twitter.com/DavidAvrin www.facebook.com/therealdavidavrin www.instagram.com/therealdavidavrin Learn more about your ad choices. Visit megaphone.fm/adchoices
When you're halfway around the world and you need to make a purchase, it's as easy as pulling a plastic card out of your wallet and swiping. Why can't we have the same simplicity with our healthcare data? The answer is complex, according to Arlen Meyers, President and CEO of the Society of Physician Entrepreneurs. A medical doctor and a startup consultant, Dr. Meyers, discusses all the ways we can work toward ethical data exchange and improve on what he calls our “sick care system.” Join us as we discuss: What interoperability for healthcare and clinical trial data means Barriers to interoperability Why physicians and business people must work together on data exchange How owning their data can empower patients in clinical trials Why technology is essential for data exchange between physicians, patients, and healthcare organizations
Physicians have plenty of reasons why they may want to move to a non-clinical role, but how do they make the move? Society of Physician Entrepreneurs President and CEO Dr. Arlen Meyers explains the 4 Ps of the Pivot: Product, Pipeline, Pitch, & Plan. See acast.com/privacy for privacy and opt-out information.
Physicians have plenty of reasons why they may want to move to a non-clinical role, but how do they make the move? Society of Physician Entrepreneurs President and CEO Dr. Meyers explains the 4 Ps of the Pivot: Product, Pipeline, Pitch, & Plan. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play HealthcareNOW Radio”. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
For episode 16 of Entrepreneur Rx, I had the pleasure to talk to Dr. Arlen Meyers, president, and CEO of the Society of Physician Entrepreneurs. SOPE is an impressive entrepreneurial network of physicians that provides members with education, resources, networks, mentors, and experiential learning. This episode talks about Arlen's desire to become an entrepreneur, how SOPE started, his opinion towards MBAs and the entrepreneurial mindset physicians should have.
Come learn with Dr. Arlen Meyers, president and CEO of the Society of Physician Entrepreneurs, as he shares how today's healthcare professionals can bring their ideas to life. Physician entrepreneurs are vital to medical innovation, yet the road is filled with obstacles ranging from internal culture to a lack of business training in medical school. Learn how Dr. Meyers directs healthcare professionals to overcome these challenges, and why he believes that entrepreneurship is a tool to restore the joy in medicine. This conversation is brought to you by P3 Practice Marketing, online marketing for orthopedic, spine, and neuro practices. Take this short quiz to think through your practice's approach to word of mouth and what next steps might look like. See acast.com/privacy for privacy and opt-out information.
Come learn with Dr. Arlen Meyers, president and CEO of the Society of Physician Entrepreneurs, as he shares how today's healthcare professionals can bring their ideas to life. Physician entrepreneurs are vital to medical innovation, yet the road is filled with obstacles ranging from internal culture to a lack of business training in medical school. Learn how Dr. Meyers directs healthcare professionals to overcome these challenges, and why he believes that entrepreneurship is a tool to restore the joy in medicine. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play HealthcareNOW Radio”. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
In a changing world with new challenges brought about by pandemics and dramatically changing customer expectations, there's no shortage of problems to solve and certainly no shortage of creative ideas. Dr. Arlen Meyers makes a compelling case for a lack of effective strategies to solve them. Dr. Meyers is president and co-founder of the Society of Physician Entrepreneurs and in this episode of Customer Experience Advantage Podcast, we're talking about the elusive entrepreneurial mindset and what they don't teach you in school. It's a fascinating conversation from a very unique perspective. You can find David Avrin on, www.davidavrin.com www.linkedin.com/in/davidavrin www.twitter.com/DavidAvrin www.facebook.com/therealdavidavrin www.instagram.com/therealdavidavrin You can find Dr. Arlen Meyers https://sopenet.org https://www.linkedin.com/in/ameyers Learn more about your ad choices. Visit megaphone.fm/adchoices
Dr. Arlen Meyers is an Emeritus Professor at the University of Colorado School of Medicine and the president and CEO of the Society of Physician Entrepreneurs. If you’re a physician looking to start your own business but don’t know how and where to start, then you’re in the right place. In this episode, we talk about Physician Entrepreneurship. We also discuss all things related to becoming a physician entrepreneur, talking and sharing tips that will help you build and start your dream business. [00:01 – 03:38] Opening Segment We introduce the guest and topic for today Arlen talks about his background His career path to being a physician [03:39 – 21:54] Physician Entrepreneurship Physician Entrepreneurship 101 Arlen’s advice for physicians pursuing entrepreneurship Arlen gives an analogy between fishing and starting a business The most common issues physicians face in the entrepreneurial world Arlen talks about their mission at the Society of Physician Entrepreneurs (SOPE) The 3 Myths Physicians have to Address Intellectual properties and being an employee [21:55 – 40:18] The Transition Interested in transitioning careers? Listen as Arlen talks about the fundamentals of starting your own brand! Questions to ask yourself Telling your story Building your personal brand Skills you should practice The mindset The difference between a Mentor, Coach, and a Sponsor [40:19 – 43:30] Closing Segment Final words of wisdom Get in touch with Dr. Arlen. Links below. Tweetable Quotes: “Examine the why first, the what, and then the how in that order.” – Arlen Meyers “You got to put the right fly on the hook, and you got to keep throwing the hook in the water. If you don’t, you’re not gonna catch a fish.” – Arlen Meyers “The skills you should practice are listen, learn, lead.” – Arlen Meyers Learn more about becoming a Physician Entrepreneur at www.sopenet.org Subscribed Yet? Now you can! Subscribe to the Patient Convert Podcast and never miss a new episode! Subscribe for emails or using your favorite podcast app via Email, Apple Podcasts, Google Play, Spotify, Stitcher, or visit my website https://kelleyknott.com/ Feel free to connect with me on LinkedIn, Twitter, Facebook, Instagram What We Do Check out our Healthcare Marketing Agency – Intrepy Healthcare Marketing Check out our physician liaison training platform – Physician Liaison University Leave a Rating & Review for Other Listeners! I hope that you have found this episode and any others you have listened to to be helpful in your growth as a healthcare marketer or practice owner. Please consider leaving a review on one of the channels above. The best way to do that is to rate the podcast on Apple Podcasts and leave us a brief review! You can do the same on Stitcher as well. Your ratings and reviews help get the podcast in front of new listeners. Your feedback also lets me know how I can better serve you. Thanks for listening. Kelley Knott
Master Communicator Podcast Episode #22 with Arlen Meyers. Arlen 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. Most of them failed. Some are on life support. His primary research centers around biomedical and health innovation and entrepreneurship and life science technology commercialization. He teaches, consults and runs a non-profit global biomedical innovation and entrepreneurship network at www.sopenet.org, helping people get their ideas to patients. To learn more about Arlen and the work he does visit www.sopenet.org or follow him on LinkedIn https://www.linkedin.com/in/ameyers/ And to reach him directly email at arlene.meyers@ucdenver.edu
In this episode, Arlen and I discuss what the society of physician entrepreneurs is, how they can help, problem solvers vs. problem seekers, and much more. Arlen Meyers - https://www.linkedin.com/in/ameyers/ Duane Mancini – https://www.linkedin.com/in/duanemancini
Dr. Arlen Meyers MD, Founder, President and CEO of the Society of Physician Entrepreneurs, speaks with Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy Podcast. In this episode, they discuss updating medical school curriculum, the rise of digital health, important business factors healthcare entrepreneurs should consider and more. Episode Highlights: What is Arlen’s background and how did he transition into entrepreneurship? Why did he start the Society of Physician Entrepreneurs (SoPE) and what industry problem is he trying to solve? Arlen highlights how someone can tell if he/she has an entrepreneurial mindset before trying to commercialize an idea. How does the current healthcare system discourage innovation and entrepreneurship? Arlen talks about how he’d change medical school education. What is the importance of exposing medical students to digital health? What are some of the problems the healthcare industry is facing when it comes to innovation? Arlen describes a “failure resume.” What is “fail it, nail it, scale it and sale it”? Arlen explains the meaning of “compassionate capitalism.” What is the mission of SoPE and how can you join? 3 Key Points: Medical professionals are not taught to have an entrepreneurial mindset. Entrepreneurship is not just about creating businesses. The healthcare industry is not currently set up to support entrepreneurship. Tweetable Quotes: “What got you to where you are now will not get you to where you want to go. So what you did to become an anesthesiologist or a ketamine infusion center director will not get you to where you want to go if you want to pursue entrepreneurship.” – Dr. Arlen Meyers “What entrepreneurship is about is creating user-defined value through the deployment of innovation using a viable business model.” – Dr. Arlen Meyers Resources Mentioned: Society of Physician Entrepreneurs website: https://sopenet.org/ Socials: Facebook: https://www.facebook.com/Sopenet/ Twitter: https://twitter.com/sopeofficial LinkedIn: https://www.linkedin.com/groups/917937/ YouTube: https://www.youtube.com/user/SoPEVideo/featured Dr. Arlen Meyers Socials: Twitter: https://twitter.com/arlenmd?lang=en LinkedIn: https://www.linkedin.com/in/ameyers/ #HealthcareEntrepreneurAcademy #HealthcareBoss #healthcare #entrepreneur #entrepreneurship #entrepreneurialmindset #innovation #digitalhealth
In this episode of the MGMA Insights podcast, we’re joined by Arlen Meyers, MD, MBA and professor emeritus of otolaryngology, dentistry and engineering at the University of Colorado School of Medicine and the Colorado School of Public Health. Meyers is also the president and CEO of the Society of Physician Entrepreneurs and has authored several books and articles related to healthcare entrepreneurship and innovation. Key quote: (25:53) “If you don't innovate, it's unlikely that you will be successful in the future as a physician in a medical group practice. It's that simple. Your revenue stream will dry up. You may get burned out or dissatisfied. You will not be able to deliver the mission that you signed up for, which basically was to help take care of patients at scale. And your organization will fail. … So you can either watch the train go down the tracks or you can create your own future.” Here are some links and references related to this week’s show: * Why We Need More Physician Entrepreneurs (bit.ly/2DiDQmH) * Barriers to Physician Entrepreneurship (bit.ly/2XZs0aR) * 20 Inspiring Entrepreneurs Improving Health For All (bit.ly/37Go7vL) * Innerpreneurs, entrepreneurs, wannapreneurs and intrapraneurs (bit.ly/2DiVvKX) * 5 Myths About Becoming A Physician Entrepreneur (bit.ly/2OkUsjY) * 4 Ways Entrepreneurs Can Innovate in the Healthcare Space (bit.ly/2qEzuDV) If you like the show, please rate and review it wherever you get your podcasts. Subscribe on Apple Podcasts (apple.co/368IdOB), Google Play (bit.ly/2paMqAJ), Spotify (spoti.fi/2Nwu59p), Stitcher (bit.ly/2NmAF1M) or countless other platforms to make sure you never miss an episode. We love hearing from listeners about the show. If you have topics you’d like us to cover or experts you’d like us to interview, email us at podcasts@mgma.com or reach out to MGMA Sr. Editor and podcast host Daniel Williams on Twitter at @MGMADaniel. MGMA Insights is presented by Decklan McGee, Rob Ketcham and Daniel Williams. Additional Resources: Make staffing your medical practice easier with MGMA’s Simple Guide to Hiring Series. To purchase or preview any of the seven titles in the series, search for “simple guide” at mgma.com/store. Join other healthcare professionals who always keep the bottom line in mind at MGMA20 | The Financial Conference, March 5-7 in Nashville, Tennessee. To learn more or take advantage of early-bird registration, visit mgma.com/TFC.
In this episode of The Executive Innovation Show Podcast, Carrie Chitsey speaks with Arlen Meyers, the President, and CEO of the Society of Physician Entrepreneurs.Arlen Meyers, MD. MBA is a Professor emeritus at the University of Colorado Denver School of Medicine and lecturer at the UC Denver Business School and an industry consultant. He is the President and CEO of the Society of Physician Entrepreneurs at www.sopenet.orgListen in as we talk about topics such as: Having seen both sides of the coin by being a physician and an entrepreneur, listen to Arlen Meyers talk about the top three things he believes is driving global physician entrepreneurship. Hear Arlen and Carrie discuss other drivers the are generating physician entrepreneurs. From doctor fatigue to being unhappy, doctors are looking at the gaps In healthcare and using technology to solve them. The generational differences of doctors in the field are currently being shaken up. More Millennials and Generation Z students are graduating and stepping into the role of being a clinical physician. With Millennials and Generation Z growing up with technology, how are they impacting doctors offices and the medical entrepreneur space? Arlen discusses how the new generation is creating intergenerational entrepreneurship platforms. Do we have enough doctors graduating that actually want to be doctors or does Gen Z just want to hold the credibility of having an MD while venturing in physician entrepreneurship space? Arlen speaks about how the education system needs to change to accommodate those just looking for biomedical entrepreneurship vs those looking for a traditional clinical career track. How do we not only look at patient experience when looking at new technological medical advances but also take a look at the doctor’s experience as well? Discover Dr. Meyer’s acronym, Q.W.I.L.T. He breaks down the acronym and gives his advice on what new technology needs to be able to accomplish for the physician. Keep up with Dr. Arlen Meyers on LinkedIn, he shares a plethora of knowledge on physician entrepreneurship and be sure to check out the Society of Physician Entrepreneurs. Learn more and download the "Telemedicine Pros and Cons" White Paper on digital patient engagement, use cases to acquire and retain patients.Support the show (http://www.helpinghumans.care)
Adding value to healthcare through reforming medical education
Dr. Arlen Meyers is a pretty big deal in the realm of physician entrepreneurship. As a retired practicing academic surgeon, he now throws himself (and others) into the hot seat of tackling the fruitful and challenging aspects of business. He believes that all doctors are capable of being amazing entrepreneurs. This show is an enlightening way for some in the shadows of doubt to begin their own journey of self-made entrepreneurship. Want more? Check out the show notes here: http://www.doctorsunbound.com/podcast/how-to-think-big-start-small-in-physician-entrepreneurship
A lot of people in science, engineering, and health professions have a good idea but they don’t know what to do with it. Maybe they had two or three good ideas that just went down the drain. How do you translate your idea into something that creates value for a patient? According to Arlen Meyers, the Society of Physician Entrepreneurs is a global biomedical and clinical innovation and entrepreneurship network whose mission is to help members get their ideas to patients. Arlen is the president and CEO of the said society. He’s also a radio co-host in Colorado Business Roundtable, and a professor emeritus of otolaryngology, dentistry, and engineering at the University of Colorado School of Medicine. He discusses in detail what the Society of Physician Entrepreneurs is all about, and touches on data and machine learning, physician entrepreneurship, digital health technology, and the experiences that helped him progress down the road. Watch the episode: Listen to the podcast: The Society of Physician Entrepreneurs with Arlen Meyers We’re extremely fortunate to have Arlen Meyers. He’s the President and CEO of the (https://www.cobrt.com/radio-podcast/) . He’s a professor emeritus of Otolaryngology, Dentistry and Engineering at the University of Colorado School of Medicine. Arlen, thank you for taking your time to be here. Thanks for having me. Tell me a little bit about what you’re doing with the Society of Physicians and who you serve. The Society of Physicians Entrepreneurs is a global biomedical and clinical innovation and entrepreneurship network. Our mission is to help our members, which are fairly eclectic, to get their ideas to patients. Everyone I know in science, engineering, and health professions have a good idea but they don’t know what to do with it. Typically, it goes down the drain in the shower. Maybe you had two or three good ideas and they went down the drain. How do you translate the idea into something that creates value for a patient? That process, which we refer to in sick care have a $3.2 trillion healthcare spending, which is masquerading as a sick care system. 90% of the budget goes toward taking care of sick people. I’m a recovery Ear, Nose and Throat surgeon. I spent my career at the Anschutz Medical Campus in the University of Colorado School of Medicine teaching people how to do surgery on that stuff. I’ve had a fairly complicated medical career. I didn’t like the idea of how this was playing out in terms of innovation. I felt that for a very long time and to a certain extent now, the two most important components of the innovation supply chain, the doctor and the patient, were ignored. It was the biomedical industrial complex that came up with bright shiny objects and said, “These are great. Why don’t you buy them for this ridiculous cost?” Now, we wind up with high-cost, low-value stuff. Why? Because of a number of reasons, but one of them is because we didn’t engage end users early enough in what is described as design thinking, lean startup methodology, consumer engagement and customer discovery. I didn’t like that, I thought that was stupid. I decided with some other folks to do something about it. When did you decide? This is something that I had been involved with for a long time. I graduated from business school in 1984. In those days, having someone with a white coat sitting next to pinstripes was rare. I’ve always had this bug about the business of science and medicine. Part of it comes from my background. My dad was a pharmacist, he was a son of an immigrant. It was a great generation, depression to immigration, the whole drill. He worked like a dog and was the embodiment of the American dream. We lived in a nice house. I took a look at that and said, “Maybe that’s where this entrepreneurial thing came from.” My first job was working in his corner store. He...
The Augmented City is at AI Med in Laguna Niguel, CA. We sat down with Dr. Arlen Meyers to talk how medicine is being changed by the growing adoption and deployment of AI and Machine Learning.
Have you ever known a physician or a pharmacist that started their own business? Did you wonder about their motivations? Or think something like … they already make so much money, why would they leave? Well, today we’ll talk with Dr. Arlen Meyers who has done not only that, but has studied the motivations of Physician Entrepreneurs as a whole and put together a support network! Dr. Arlen Meyers has had quite a career and shows no signs of stopping anytime soon - his accomplishments include: 26 active positions on linkedin - and these are not inaccurate! Acting as Chief Medical Officer for several start-ups and businesses Advising another handful of blossoming companies Created the bioentreprenuership education program and is still an active faculty for several programs through university of colorado business school Board president of GlobalMind ED a program for at risk youth to have the tools and skills they need to be successful in college All while being CEO and co-founder of Society of Physician Entrepreneurs an international entrepreneur network. SOPE is active all over the US with 20 chapters Internationally growing outside the US in China, UAE, Turkey and Brazil In today’s episode Arlen will talk with Jessie about just a few of his passions… He’ll share what kind of DNA he thinks it takes to be a successful business person and how clinical experience is only mildly useful in entrepreneurship. How you can get started fostering your own side hustle and join a community of like-minded friends. And how to become a social media master. Arlen has over 25K followers on linkedin with more than 1200 posts - it’s incredible. Show Notes Some of the articles Dr. Meyers discussed on the podcast are included below! The entrepreneurial v the clinical mindset How to build a 27,000 member Linkedin group Thanks for listening and enjoy the show!
Adding value to healthcare through reforming medical education
The Dr. Entrepreneur podcast is an on-demand talk radio show from Healthcare Compliance Solutions, Inc. It’s designed to help busy doctors and business associates discover what works with healthcare services. Today’s show features an interview with Arlen Meyers, the president and co-founder of the Society of Physician Entrepreneurs, or SoPE. Lance King, of Healthcare Compliance Solutions Inc. conducted the interview.
Ever come up with an idea for a new medical device or a way to improve a problem area, but you have no idea how or where to go with it? Medical innovation is a massive, multi-billion dollar business. Think you have to start a company yourself or work for the Mayo or Cleveland Clinic? Wrong. Medical innovation is happening in ways and in places you may not have even realized. Our guest today is Dr. Arlen Meyers. He's an ENT surgeon and professor emeritus at the University of Colorado School of Medicine. He is an inventor, a former Harvard-Macy fellow, and a Fulbright scholar. Dr. Meyers was named by Modern Health-care as one of the 50 Most Influential Physician Executives in the US. He has experienced both success... and failures with several medical devices and digital health start-ups. Today Dr. Meyers is CEO of the Society of Physician Entrepreneurs (SoPE). This an international medical innovation network with thousands of members worldwide. Soap, as it's called provides education, resources and a powerful peer network accessed through local innovation chapters. It's a pretty cool organization and we're going to learn all about it. With that said, let's get started... Show Notes: -Medicine and innovation. Dr. Meyer's path. -”Entrepreneurial Attending.” Why Dr. Meyers wants to help physician entrepreneurs today. -The many ways of being a physician entrepreneur. It isn't just about starting a company. -Do I really want to start a company myself? -Having the entrepreneurial mindset. -Does medical training, and medical school admissions selection, encourage or discourage the entrepreneurial mindset. "Sending fighters to the front with blanks in their rifles." -Can entrepreneurship/creativity be taught? Entrepreneurial DNA? -”You can't teach someone how to be a surgeon, only how to do surgery.” -Do innovative ideas always come from the front lines? What does Dr. Meyers think? -"The confluence of a problem solver and a problem seeker." --"Innovation polarized lenses." Mindset let's you see the opportunities. -Are doctors better able to identify medical problems and solutions? What about innovators outside of medicine? -Selling hospital administration. Dr. Meyer's advice for dealing effectively with hospital administration and advancing your ideas. -Does your institution have an "innovation learning system?" How is this different from an "innovation center." -"Patient defined value." What is the most important value? -I'm at a smaller community hospital. I'm not in Silicon Valley or the Cleveland Clinic. Do I stand a chance? -Why Dr. Meyers believes ANYONE can innovate, not matter who you are. -How can I start a SOPE chapter? If you are willing to, "show up," SOPE is ready to help you. -PALs "Partners and alliances." Benefits of joining SOPE. Membership directory gives you a huge network connect with. This includes 1300 members and over 26 thousand linked-in followers -How do I protect my idea? Patent law, intellectual property and legal resources. -Business education. Is the MD/MBA a good idea? Dr. Meyers has an MD/MBA and helped create one of the first programs in the US, but that doesn't mean he thinks you should. -Involvement in K-12. STEM+Arts= STEAM. How the arts can contribute to creativity and innovation. -Dr. Meyer's mentor: Dr. Ben Eiseman: http://www.ucdenver.edu/academics/colleges/medicalschool/departments/surgery/News/Pages/Ben-Eiseman-tribute.aspx -Dr. Meyer's daily habits and routines. "Habitology." -How practice and repetition relate to neuroscience. -Write every day.
Dr. Arlen Meyers 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 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, completed a Fulbright at Kings Business, the commercialization office of technology transfer at Kings College in London. Publications this year include "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 Reference: Otolaryngology-Head and Neck Surgery. In addition, he is a faculty member at the Univeristy of Colorado Denver Graduate School and Direct the Program in Biomedical Entrepreneurship at the Jabs Center for Entrepreneurship at the University of Colorado Denver Business School. Twitter @ArlenMD and @SoPEOfficial Facebook: www.facebook.com/sopenet SoPE website URL: www.sopenet.org 00:00 Arlen talks about what a Physician Entrepreneur is. 03:45 “In order to be a Physician Entrepreneur you have to have an entrepreneurial mindset - you have to be a problem solver.” 04:00 Two big reasons why most businesses fail. 05:30 “In order to identify the problem you need to have a beginner's mind.” 08:15 “Some physicians who interrupt the status quo are labeled as disruptive.” 08:30 “It's unrealistic to ask physicians to adapt to Value-Based Care when they have no idea how to do it.” 09:00 How Society of Physician Entrepreneurs is helping facilitate the transition to Value-Based Care. 14:45 Innovation without Clinical validity. 15:50 “A lot of the digital health products and services are not clinically valid.” 17:00 “From a business perspective - why would you produce a product that doesn't do what it's supposed to do?” 17:30 “It's ‘Patients Beware'”. 20:50 “How do you balance the protection of the public health without hindering innovation?” 21:20 The business model/business risk of clinical trials. 23:50 The cultural misalignment between Doctors and business developers. 26:30 “There has to be a system for walking through the process.” 28:20 What Sope is. 28:50 If you'd like to be part of the Sope community, you can by going to sopenet.org.
Dr. Meyers shares his journey and how to bridge the gap between patient care and entrepreneurship, and the secrets to an entrepreneurial mindset. The ModernMD: Dr. Arlen Meyers Dr. Arlen Meyers, MD, MBA is President and CEO of Society of Physician Entrepreneurs (SoPE). Arlen is a retired Professor of Otolaryngology, Dentistry and Engineering at the University of Colorado Denver. Dr. Meyer is a Co-founder of Medvoy, a globally integrated doctor-to-doctor referral platform. He has created several other medical device companies and is a consultant to several life science, IT and investment firms. Dr. Meyers is a former Harvard-Macy Fellow, a National Library of Medicine Fellow, a Fulbright Scholar and was named as one of the 50 most influential healthcare executives of 2011 by Modern Healthcare Magazine. Success Quote: “Spend more time on problem seeking than on problem solving” – Arlen Meyers White Coat to Business Suit: Dr. Meyers shares how to bridge the gap between patient care and entrepreneurship and how to think not just about the ‘now but on the new'. Below are some highlights: Should you get an MBA? An MBA offers Connections, Credibility, Credentials, and Content (The 4Cs). If you want to be an entrepreneur – just go do it! Should you do a residency? Dr. Meyer's believes your should get your MBA in medicine. First get your ticket punched, and then go on and purse your entrepreneurial dreams. Idea to Venture: The Idea: Created a device to optically detect cancer. Failures: Dysfunctional team and folded the company. Lesson Learned: Do you learn from failure? Some people learn from failure and other people don't. The key is taking personal responsibility for the failure. Business Rounds: What is the entrepreneurial mindset? An entrepreneurial mindset is a state of mind that is categorized by the pursuit of opportunity with scares resources with the ultimate goal of creating, deploying, and harvesting user-defined value through the deployment of biomedical and health innovation. About 1% of doctors have an entrepreneurial mindset! What is an idea that is important? Don't work on ideas that are interesting – work on ideas that are important. Dr. Meyers is excited about his work with the Society of Physician Entrepreneurs (SoPE), building a global eco-system of care, and targeted therapy. Do you use digital tools? Medscape reference and other point of care references. Links: www.sopenet.org www.medvoy.com