Follow up on Healthcare entrepreneurial learning:
"Equity dilution and control of your venture": https://lnkd.in/gkF_cMrp
Control of your business is everything. Watch this video, which emphasizes the ultimate negative of equity dilution, and then read the exposition above.
Video: https://lnkd.in/gshsjbvN
Important for any #healthcareentrepreneur #PhysicianEntrepreneur
Weekend #healthcareentrepreneur Learning:
"Decision by Monty Hall strategy"
The Monty Hall strategy works when only one party is making a random selection. Let's look at how the probabilities change when the counterparty is making non-random selections.
https://sites.google.com/view/medfinventures/labor-decisions/decision-by-monty-hall
#physicianleader #physicianentrepreneur #PhysicianLeadership #healthcareleaders #healthcareleadership
Weekend Healthcare Entrepreneur Learning
"The pluripotency of cash: a deconstruction of a U.S. hospital's financial state"
Our case and data pertain to a community hospital in the United States. The hospital is threatened with a full corporate takeover Let's look at the numbers reported and understand what could be the source(s) of ire.
https://sites.google.com/view/medfinventures/assets-liabilities/pluripotency-of-cash?authuser=0
#physicianleader #physicianentrepreneur #healthcare #healthcareentrepreneur #healthcareleaders #PhysicianLeadership
Our case and data pertain to a community hospital in the United States. Data comes from an article in the local newspaper. The hospital is threatened with a full corporate takeover because of poor operating margins, "financial free fall", and hospital admin not having "a plan or strategy to stem
Weekend #healthcareentrepreneur learning:
"Documenting the transaction cycle"
Delayed payments are a part of every business & investors need to know how & when you they are made/received. Let's look at how best to document common payment-related events to best inform your investors of the health of your #healthcare business.
#MedMastodon #physicianentrepreneur #PhysicianLeadership #healthcareleaders
Healthcare professionals are, unfortunately, very accustomed to delayed payments. You provide quality and timely healthcare service to your patients, and then you wait....and wait....and wait...to be remunerated. It doesn't change when you evolve into a healthcare entrepreneur. Delayed payments
Mid-week #healthcareentrepreneur Learning:
"The power of compounding"
Not all interest rates tell you how fast your capital will grow. Let's deconstruct a common investment instrument, offered by a local bank, to learn how capital grows over time.
https://sites.google.com/view/medfinventures/finance-accounting/compounding?authuser=0
#physicianentrepreneur #physicianleader #healthcare #PhysicianLeadership #healthcareleadership #healthcareleaders
Mid-week #entrepreneurial reading
"Interest rate soup: APY, APR, Coupon, Yields, SAIR, EAR"
Let's deconstruct interest rates & learn what each means to your venture.
https://sites.google.com/view/medfinventures/finance-accounting/interest-rates-types?authuser=0
#physicianentrepreneur #healthcareentrepreneur #healthcareleadership #physicianleadership
Weekend #Entrepreneurship
"Decision-making by NPV: a deconstruction of the Flextronics case"
Patients don't pay at t = 0. #Healthcareentrepreneurs need to know what & when they'll collect & how much value has eroded over time.
https://sites.google.com/view/medfinventures/labor-decisions/decisions-by-npv?authuser=0
#physicianentrepreneur #PhysicianLeadership #physicianleaders #healthcareleadership #healthcareentrepreneur #healthcareentrepreneurship
Unlike ventures outside of healthcare, healthcare entrepreneurs often must predict future cash flows to their business. Because patient-customers don't pay at t = 0, entrepreneurs need to determine what amount they'll receive, when they'll receive it, and how much value has eroded over time. The
Weekend learning:
Strategies to make entrepreneurial decisions.
MedFinVentures.org explores strategies to help #healthcareentrepreneurs make decisions by:
- Influence
- NPV
- Judo strategy
- Monty Hall strategy (live soon)
Find them under the *Labor & Decisions section 🔓
#physicianburnout #physicianentrepreneur #PhysicianLeadership #healthcareentrepreneurship #healthcareentrepreneur #healthcareleadership
“Decisions by Judo strategy”
What happens when you're presented with an unexpected term for what seems to be a routine deal? Let's use the Judo strategy to determine how (sub)optimal the term is.
https://sites.google.com/view/medfinventures/labor-decisions/decision-by-judo
#physicianburnout #PhysicianLeadership #physicianentrepreneur #HealthcareProfessionals #healthcareleadership #healthcareentrepreneur #healthcareentrepreneurship
Tejas Desai, MD ☑️