All work done should create value – value for individuals involved, value for organizations served, and value for the world. We use the Intellectual Capital (IC) ‘whole brain’ framework (engaging both Left- and Right-brain thinking) to focus our thinking about things and the world.
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Keeping Score Drives Better Healthcare [vc_row][vc_column][vc_column_text]Every successful enterprise keeps score through measurable business metrics. Without a means to measure what you are doing, there cannot be any rational means to improve. Sometimes finding the right thing to measure takes some thought. Not everything needs to be measured. Funds are always limiting, hence the underlying question…Read More >>>
Recently I was asked: “Why do we spend the most for healthcare and get less than similar nations?” [vc_row][vc_column][vc_column_text] Lots of reasons, but the main culprit is uncontrolled Fee-for-Service (FFS) payment. Except for some kinds of managed care, American healthcare gets paid for by the piece. Every visit, procedure, test and medication is assigned a…Read More >>>
It takes patience and perseverance to succeed, and 2017 is our year! It’s a new year, 2017! I’ve also been told that 2017 is going to be a great year for our business. OK. I accept that prediction! Yet, I am aware that it won’t happen without effort. A Chinese bamboo plant that grows nearly…Read More >>>
In the past series of blogs (Oct. 24, Nov. 7, 21), we have been suggesting a better way to characterize capital investments that will lead to maximizing value generation in a business enterprise. We identified 7 capital investments, named the Magnificent-7 (M-7), that cover both the tangible and intangible investments one can make to build…Read More >>>
MIS Founded 75 Years Ago This is the 75th anniversary of the Japanese attack on Pearl Harbor (Dec. 7, 1941). More importantly, it is the 75th anniversary of the founding of the Military Intelligence Service (MIS; Nov. 1, 1941). My wife, Chaplain Madeline Reiko Nobori Tom [photo], was asked to serve as the Chaplain giving…Read More >>>
Integration of 7 Capital Investments We characterize the seven capital investments, we named Magnificent-7 (M-7), into three categories: Those investments that have to do with people (who get work done), those around tasks (or how we get work done), and those that facilitate (link) people working on tasks. On the people side, there are Human…Read More >>>
Magnificent-7: Pairing Capital Investments Running a business is about providing a service or product to make a profit. Without profit, a business fails to survive. Profit is made by earning more than spending. In our view, there are 7 places in a business where value is enhanced or lost. We have dubbed these places the…Read More >>>
Investments IN yields Returns OUT? The healthcare playing field has changed greatly and has placed new demands on healthcare providers such as Accountable Care Organizations (ACOs). The new demands in turn shift the value of the organization as change disrupts all aspects of running a business. Getting paid for patient work is no longer as…Read More >>>
Accountable Care Organizations Are Ready To Know More But Can They Afford It? This past week at the NAACOS Fall 2016 Conference in Washington D.C. we debuted our first Population Health Management infrastructure to very positive reviews. During the many demonstrations we ran of our instant, affordable, subscription-based PHM solution VBPMaster™ we constantly heard how…Read More >>>