August 2011
2 posts
Dang. What is that in farenheit? RT @gruntdoc: Okay, who left the oven on? http://yfrog.com/kev01fnj
How I missed a large tumor and how you will too: http://bit.ly/nEwrJP
July 2011
13 posts
This drug will cure anything: http://bit.ly/pm8a2X
I like his play on the word retrospectroscope at the end. @gruntdoc: To Admit or Not to Admit? http://bit.ly/nUyKfW
The key to fighting the price-oriented private labels is not making a knee jerk reaction to compete on price, but instead exploring other options.
Increase the perceived value of the product
develop new market segments that are less price-sensitive
build stronger relationships with the distribution channels
get rid of product lines of sizes or flavors that are not generating profits for the...
Drucker:
Customers do not see it as their job to ensure manufacturers a profit.
Using cost increase to justify raising price generates little sympathy from customers, particularly industrial customers, because the price increase has just raised their costs, which they may not be able to pass along to customers.
There is an alternative to cutting price: you can attempt to increase the perceived value of the product. Value enhancing activities are not free, but they are usually fixed costs that can be spread over a large volume, as opposed to per unit reductions in margins.
Market Share = ƒ (Perceived Value / Price)
If there is no legal way to keep competitors out of the market, these costs must be viewed as sunk costs that do not affect decision making after the product is introduced into the market.
When costs are used as the basis for setting price, you should ask, “Which costs?” Are they costs related to marketing the product or product line, or are they costs over which you have no control? Using price as a cost-recovery mechanism can lead to a mismatch between price and customers’ perceptions of value for your product or service.
Close eyes & shoot sheep RT @davidrwinters I have to be at the range at 430am tomorrow to shoot the pistol and I can’t get to sleep.
This is what a concussion looks like. So glad to hear that Chris Horner (@hornerakg) is doing well today. http://bit.ly/pnygcb
RT @TheOnion: Paul McCartney’s Mix-CD For New Girlfriend A Little Self-Indulgent #OnionMusic http://onion.com/aXIWit
Is today Tuesday? http://bit.ly/oEYyNy
RT @TheOnion: Cyclist Friend Explains Necessity Of $35 Socks http://onion.com/cduYjO #InFocus
June 2011
2 posts
RT @PhilosophersSay: If you do not change direction, you may end up where you are heading. - Lao-tzu
Weezer does an amazing cover of Radiohead’s Paranoid Android http://bit.ly/iBDEMf
May 2011
8 posts
Starting to read The Leadership Challenge http://amzn.to/l2IIof at the suggestion of @drbret
RT @gruntdoc: RT @Mtnmd The life of an ED doctor, in the face of a Cat 5 tornado! http://www.mercy.net/joplin/stories-of-mercy/45-secon …
a google map of Doctors Behaving Badly (via NPR) http://bit.ly/if5qav
RT @movinmeat: Human factors and patient safety: Every doctor should watch this video. http://bit.ly/lyYEYS
It’s bittersweet that the pothole filled road on my cycling route that I named Fresno-Roubaix has been repaved.
Google Health is closing. http://bit.ly/md7Lch I wish they’d create HIEs. And then extract value.
watching TR Reid’s Frontline “Sick Around the World”. Compares healthcare in 5 capitalist democracies http://to.pbs.org/iAIOJ1
Ian Morrison (@seccurve) gave a great talk today about his 10 Laws of Accountable Care at the CAPG conference http://bit.ly/lJj10g
April 2011
2 posts
“It’s illegal now to have a front lawn in any new home in Las Vegas. The...”
– The Big Thirst: Nothing’s Quite So Thirsty As A Las Vegas Golf Course | Fast Company
“These days, my biggest pet peeve in the mainstream financial media is the blind...”
– Joe Weisenthal: What I Read - Business - The Atlantic Wire
March 2011
1 post
my 7yo daughter wants me to play her some Justin Beaver.
January 2011
1 post
Two inventions I really like for crash resuscitations. 1)EZ-IO for rapid vascular access 2)Gum elastic bougie for difficult airway
August 2010
9 posts
Do you ever feel like the evidence for some of our more expensive medical therapies approaches homeopathic levels?
RT @timoreilly via @gnat Swine flu is hitting our little NZ school hard. Kids out for weeks, parents laid out for days. It’s not over.
Such a beautiful morning.
RT @pdenlinger: Denial is the largest river system in the US, and flows into the Gulf of Mexico, affecting lives of millions. It’s about …
Ordered from Amazon: “Thriving in Capitation: Guide for the Medical Leader”, was sent “Thinking Critically About Ethical Issues”. Hmm.
“We’re not trying to restore old habitats. We’re trying to invent new ones.” Reading about Restoration Ecology: http://bit.ly/b1W3rv
The fact that nobody pointed out the spider web in my hair leads me to thoughts of age & tidiness. And to check that my fly is up.
Emergently delivered a baby while wearing a white shirt. And not enough time for gloves.
GroupOn http://bit.ly/amBvSN is a great way to introduce locals to local businesses. Can the businesses handle the traffic?
July 2010
24 posts
RT @sjdmd: Terri Gross @nprfreshair talks w/Atul Gawande http://is.gd/dTmwd on New Yorker article “Letting Go” http://is.gd/dTmFe Listen …
RT @gruntdoc: Working shifts RT @drrwinters: Lots of changes in healthcare. Some are running away from fears, others to opportunities. W …
Lots of changes in healthcare. Some are running away from fears, others are running towards opportunities. What are you doing?
Personalities of SF comic book store owners. In graphic novelty form. By my common law brother-in-law. http://bit.ly/cThFeE
RT @sacca: Never, ever give up. Even if you have to ride a yellow kids’ bike with old school toe clips: http://nyti.ms/amOOFk (via @chester)
If Apple billed like US healthcare: http://www.richardwinters.com/weblog/2010/07/weird-dream.html
Great TED video with Kiran Bir Sethi about the contagiousness of positive thoughts. http://bit.ly/6zzUOE
Jay Parkinson owes $210,000 for medical school. $5K each month. Not unusual. http://bit.ly/afWj45 (via @Jayparkinson)
Hurt my neck this week trying to pop a patient’s hip back into place. The Captain Morgan didn’t work.
http://bit.ly/bz0Jmo
I had a weird dream. iPhones. Healthcare. China. Billing. Details are here: http://bit.ly/bbHBAX
Got haircut. 5yo daughter says: “Dad, you look funny.” [pause] “You look like grandpa.” Pow. Two generations, one insult. Impressive.
If certain, chances are that i’ve missed something. RT @intueri The further I go in my career, the less certain of things I become.