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Managing uncertainty in healthcare: Lessons from outer space

Uncertainty is often considered the bane of economic success. With uncertainty comes paralyses as economic players hold their cards tight, waiting for the chips to fall. Healthcare is no different. The paralysis prevents innovation, R&D, investment in capital—all of which hurt the patient.

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The Value of Cost Accounting in Healthcare

Dan Michelson, CEO of Strata Decision Technology, demonstrates the value of cost accounting in managing healthcare costs.

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The secret sauce of the Cubs…ANALYTICS!!!

As a die hard Chicago White Sox fan, what I am about to share with you is painful. But as a lifelong (over the top) baseball fan and CEO of an analytics company, this is simply too amazing not to share.
A few months ago, Jed Hoyer, the General Manager of the Chicago Cubs, gave a brilliant presentation on the unique strategy the Cubs have deployed over the past five years to create a world-class organization and a World Series level team.

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What Spongebob Can Teach Us About The Cost of Healthcare

My 14-year old daughter made a huge mistake, which would horrify any teenager: She gave her father access to her Instagram account. As a tech geek, my real goal wasn’t to check up on her (I swear), but rather to see whether the hype of Instagram matched the utility. Instead what I found was the answer to a different and much more important question — why healthcare costs are such a mystery.

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