via aap.org
Great Site from American Academy of Pediatrics on Immunization Safety, with some specifics on the recent pertussis outbreak in California. Must read!
To Your Best Health,
The Personal Medicine Team
Friday, July 30, 2010
Wednesday, July 28, 2010
Let the Little Guys Get in on Pre-IPO | Magazine
Illustration: Markus Hofko
Here’s a hot stock tip: Buy Facebook. Sure, the company’s valuation has bounced around over the past six years, but now it’s believed to be around $20 billion and likely to keep climbing. If you buy a chunk of Facebook and flip your shares in a few years, you could make millions.
Oh, but wait: You can’t. Facebook isn’t a public company. The only people who can invest in it already are millionaires.
The hot IPO market of the 1990s, which allowed Regular Joes to buy stock in new companies, has been replaced by a rich insider’s club that trades in pre-IPO equity sales. The middle-class folks who daytraded their way through the dotcom boom are now locked out. And that’s a problem. The current government regulations just make the rich richer, and they block alternative avenues of investment at a moment when funding is hard to find. It’s time to change the rules.
Here’s how the current system works: Even though no IPO is in sight, a company can still give contractors, advisers, and employees equity to keep them fat, happy, and working. But SEC rules limit the number of shareholders to 500. To get around this, talent can be granted something called restricted stock units, which they can get without being official shareholders. Then the contractors, consultants, and employees who leave the company can sell their vested stakes privately in what’s called a secondary market. “We have seen explosive growth in the private market across dozens of different companies,” says Barry Silbert, CEO of SecondMarket. “We are on track to do $500 million in private-company transactions this year.”
But the Securities and Exchange Commission doesn’t let just anyone buy shares in a corporation that hasn’t gone public. Pre-IPO sales are limited to “accredited investors,” people with a demonstrated net worth of $1 million or a yearly income of $200,000. It’s been that way since 1982, when Rule 501 of Regulation D of the Securities Act went into effect. The measure was intended to protect less-informed investors—widows and orphans, in Wall Street parlance—from gambling away their savings. So who has bought pre-IPO Facebook stock? A reported 10 percent of the company went to the Russian investment group Digital Sky Technologies, whose backers include one of that country’s richest oligarchs. In other words, the extremely wealthy.
Today, Rule 501 does less to protect widows and orphans than it does to prevent risk-savvy investors from playing the secondary market. Sharp, up-to-the-minute financial advice is no longer beyond the reach of the middle class. We’ve got the Motley Fool to keep us abreast of stocks. TheFunded.com spills the dirt on startup investors. And trading sites SharesPost and SecondMarket have automated, aggregated, and simplified the process of buying pre-IPO stock, reducing lawyer and broker fees from secondary market trades.
With that kind of access, you’d think today’s small-time stock traders would be allowed to get in on the pre-IPO action, effectively making them micro angel investors at a time when startup capital from established fund managers is hard to find. But no. As part of the financial reform bill introduced by senator Chris Dodd of Connecticut, Congress even tried to raise the bar to $2.3 million in the bank or $450,000 of income. The plan was dropped only after the Angel Capital Association, a trade group of US startup investors, screamed that it would drive two-thirds of them out of business.
It’s time to lower the bar: The pre-IPO market should let everyone in. Today’s Internet stock rockets are social networks built by the active participation of their members. Preventing Facebook users from buying a stake in the company they helped create is an injustice. These millions of people should be able to take part in the financial ups and downs of Facebook, Zynga, and whatever comes next. I’m not saying it will reverse the recession. But at least the masses could once again play a role in America’s thrillingly adventurous startup economy without having to land a job at Twitter.
Paul Boutin (paul@venturebeat.com) wrote about the virtues of getting laid off in issue 17.08.
via wired.com
OK, we usually promote health content but as innovator's we can't resist this one...
Financial Health is good too!
Personal Medicine Team
Health Innovation Week - Calendar
Very Cool Week of CUTTING edge health Innovation Going on here... Don't miss it.
To Your Best Health,
The Personal Medicine Team
Medical Fusion Conference Features Personal Medicine on Disruptive Innovation
Here is a great conference for Physicians coming up in the Fall! We are excited to speak here among this great group of physician Innovator's. This team has really put together infrastructure for physicians planning to leave clinical practice to assist them to transition into nonpractice careers. Did everyone know the latest stat on primary care doctors planning to leave practice or reduce hours as noted in a large study by physician's Foundation is 49%? That's ALMOST half! We hope to discuss some of the latest disruptive technologies and innovations that will enable doc's to STAY in practice and continue to do what we do best! Hope to meet you soon In November at the Wynn in Vegas!
To Your Best Health,
The Personal Medicine Team
Tuesday, July 27, 2010
Sunday, July 25, 2010
Futurity.org – Melting needles make vaccines painless
via futurity.org
OK This will be something to watch parents!! We will keep you posted on this progress!!
To Your Best Health,
The Personal Medicine Team
Classic Andalusian Gazpacho Photo at Epicurious.com
via epicurious.com
Clickthrough for a great Summer Gazpacho Recipe, Get in your beta carotene and lycopene today!!
To Your Best Health,
The Personal Medicine Team
Saturday, July 24, 2010
Dengue Fever? What About It, Key West Says
via nytimes.com
Nothing to worry about folks, small case numbers here... But if you are taking your family to the Carribean, then be sure and DEET up. 7% or so is fine and for the little ones, put them in a long loose outfit and cover the clothes with spray, then wash it off in the bath before bedtime...
To Your Best Health,
The Personal Medicine Team
Friday, July 23, 2010
India unveils prototype of $35 tablet computer - Yahoo! News
via news.yahoo.com
Wow, with ubiquitous Broadband and the 35$ tablet... healthcare costs in india just dropped substantially...
To Your Best Health,
The Personal Medicine Team
Thursday, July 22, 2010
2-year-old Concord boy killed in dog attack
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CONCORD, CA (KGO) -- A 2-year-old Concord boy died Thursday morning after being attacked by his family's three pit bulls.
The boy was inside his family's home on the 1700 block of Trail Creek Court with two adults when he walked into the garage where the three dogs were located, police said.
Police received the call around 8:45 am.
Authorities said the dogs attacked the boy and caused severe injuries. He was transported to a local hospital where he was pronounced dead.
Contra Costa County Animal Services is also investigating.
(Copyright ©2010 KGO-TV/DT. All Rights Reserved.)ABC7 Poll
Tags:animal, child death, concord, east bay news, cecilia vega
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via abclocal.go.com
Parents remember when you are considering pets for your family, there are three rules...
1. NO PITBULLS!
2. NO German Shepherds!
3. NO Rotweillers!
These in my experience are the three most commonly noted child mauling dogs...
To Your Best Health,
Natalie Hodge MD FAAP and
The Personal Medicine team
Pediatrics / Children's Health News
Here is Today's Pediatric Health News!
I hate to see the article on State Budget Shortfalls triggering Further Medicaid Program Cuts...
To Your Best Health,
The Personal Medicine Team
Monday, July 19, 2010
Medical Students, Specialty Practice, And More Money - Better Health
Medical Students, Specialty Practice, And More Money
July 19th, 2010 by KevinMD in Better Health Network, Health Policy, Opinion, Video
With medical students graduating, on average, with almost $160,000 of debt, it’s a major reason why they’re choosing more lucrative specialty practice, which can offer salaries multiple times more than those of primary care fields.
In this clip from The Vanishing Oath, medical economist Amitabh Chandra, Professor of Public Policy at the Harvard Kennedy School of Government, discusses that influence, which contributes to a drastic decline of primary care residency slots being filled by American medical graduates.
Of course, it’s not only money. Primary care practice has a litany of obstacles that can contribute to rapid physician burnout, compounded by the fact that good primary care role models are largely absent from academic settings.
But there’s no denying that the salary disparity is an influential factor, and for many students, often a deciding one.
A video excerpt from The Vanishing Oath, a film directed by Ryan Flesher, M.D.:
*This blog post was originally published at KevinMD.com*
Tags: Amitabh Chandra, Dr. Ryan Flesher, Harvard Kennedy School of Government, Medical Graduates, Medical Residents, Medical Specialists, Medical Speciality, Medical Students, Physician Burnout, Physician Salaries, Primary Care Crisis, Primary Care Economics, Primary Care Residency, Primary Care Residency Program, Primary Care Role Models, Primary Care Shortage, Salary Disparity, Specialty Medical Practice, The Vanishing Oath
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Nice Article from Kevin MD on vanishing primary care specialty.
To Your Best Health,
The Personal Medicine Team
Federal Telemedicine News: FCC Broadband Funding
Jonathan D. Linkous, CEO of ATA
Very exciting to see the FCC is pledging funding of ubiquitous broadband in both for profit and nonprofit provider communities for the purposes of providing telemedicine services.
To Your Best Health,
The Personal Medicine team
Sunday, July 18, 2010
Here is the vehicle for delivery of " On Demand Healthcare"
How would you feel if one of these showed up on your doorstep for a healthcare visit?? Relieved? Intimidated? Feeling like you should tidy up before the doctor comes in?? As always looking forward to feedback...
To Your Best Health,
The Personal Medicine Team
BodyShock The Future - Prizes
OK now this is cool, check out the Bodyshock the Future prize with Institute of the Future!! We're excited to Panel with T Goetz from Wired, and Others! What will the future of Healthcare be like?
To Your Best Health,
The Personal Medicine Team
Running a hospital: Unboxing e-Patient Dave's book
Here is the unboxing of e-patient dave's new book, " Laugh, Sing and Eat like a Pig". I had the fortune to meet and have dinner with Dave up in Minnesota at ICSI.org's Innovation Meeting in May while on a panel up there and heard him speak for the first time. Very nice discussion of the uselessness in utilizing icd9 from hospitals and clinics for data mashup for patient viewing and use. I highly recommend EVERYONE in healthcare listen to Dave Speak at a conference in 2010. If you are running one, then invite him to speak.
To Your Best Health,
The Personal Medicine Team
Sunday, July 11, 2010
If you’ve run out of ideas, buy gold - Venture Hacks
Angel investor Thomas McInerney:
“Take a look at all the innovation happening today — Tesla has produced a beautiful 100% electric car. The cost of mapping the human genome has gone from $3 billion ten years ago to thousands today. Moore’s Law continues unabated and the rate of innovation in smart phones is staggering. The computer has moved from the desktop to the pocket, this trend alone reminds me of the World Wide Web in 1994. Social networking is in its infancy, and Twitter and Facebook are growing explosively. IP traffic is growing so fast that it has stunned the pioneering people who helped create it.
“Ray Kurzweil maps out an optimistic view of the future with a tremendous amount of data supporting his main thesis — that the rate of innovation is increasing on a geometric scale. This means that innovation is happening faster every day. So yes, there are macro-level concerns about the economy, but there is also a staggering amount of data that supports the case for being an optimist. The data supports the fact that we’ll see more innovation in the next ten years than we’ve seen in the last one hundred years.
“If you are an investor or entrepreneur, this is the best time in history to make a fortune and create a better world… So if you’ve run out of ideas, buy gold. But I argue this is the best time to find innovators and invest in the future. Fortune favors the bold.”
[Emphasis added.]
via venturehacks.com
Here is a nice post regarding Innovation from Angel Investor Thomas Mc Inerney... "There are data to support we'll be seeing more innovation in the next ten years than the last 100" Here is how this relates to the Personal Medicine Platform... The Computer has moved to the Pocket, Web and Social Networking are growing explosively... The opportunity for a true disruptive cost curve for primary care physicians is upon us now, with the Patient Health Record, Telemedicine, and Mobile Computing technologies at the center of patient care, rather than as an add on to a broken existing practice model. We are thrilled to have our physicians testing and tinkering our platform now on the ipad/iphone now as they deliver on demand healthcare at the bedside and through modern communications. What do you think?
To Your Best Health,
The Personal Medicine Team
Saturday, July 10, 2010
Natalie Hodge MD FAAP Innovation in Primary Care - Personal Medicine
Check out this Slideshare Presentation on Disruptive Innovation. Pediatricians make Plans to meet with us and learn more at AAP National Conference in San Francisco from October 2 to 5th!!
To Your Best Health,
The Personal Medicine Team
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