In a typical market, supply and demand work together to determine price and quantity. More supply brings prices down. More demand raises prices. Consumers weigh costs against utility and make rational choices accordingly. In healthcare, these normal rules break down. The textbook model of perfect competition — the kind students see in Economics 101 — […]
In the previous article, we discussed how to balance the dynamics between a young founder with a vision and a senior stakeholder. Now that we understand how to establish our vision, the next question becomes: who should you talk to first? Every university has a range of internal funding mechanisms across real estate, operations, and […]
The U.S. healthcare system is a complex mix of public and private financing, with government programs playing a crucial role in funding care, regulating markets, and shaping health policy. While the private sector delivers a significant portion of medical services, nearly half of all healthcare spending comes from government sources. Programs like Medicare, Medicaid, and […]