Healthcare System Comparison: The U.S. vs. the World

Healthcare System Comparison: The U.S. vs. the World

How does the American healthcare system compare to other developed countries? Why is healthcare so expensive in America? Generally, healthcare systems in other countries show better quality for a lower cost compared to the United States. Despite the high amounts Americans spend on healthcare, it’s never quite clear what they are paying for—the medical outcomes are mediocre at best. This article takes a look at healthcare system comparison between the United States and several other developed countries, ranging in the degree of government intervention.

The Three Key Traits of a Top Wealth Accumulator

The Three Key Traits of a Wealth Accumulator

What are the traits of the best wealth accumulators? How can you adopt the habits of a prodigious wealth accumulator? A prodigious wealth accumulator prioritizes wealth-building investments, minimizes taxable income, and controls household spending to accumulate wealth. You can become an excellent wealth accumulator by changing the way you spend and manage your money. Discover the three major traits of wealth accumulators below.

Healthcare Conglomerates and the Pricing Effect

Healthcare Conglomerates and the Pricing Effect

How do healthcare conglomerates work in America? What effect do they exert on the pricing of drugs in the United States? In the United States, healthcare systems in local regions have consolidated to provide negotiating power against employers and insurers—this has resulted in the pricing effect. Studies show that healthcare conglomerates in concentrated markets cause prices to increase by over 20%. Keep reading to learn about the rise of healthcare conglomerates and their implications for the United States healthcare market.

The U.S. Medical Device Industry: Behind the Scenes

The U.S. Medical Device Industry: Behind the Scenes

How does the medical device industry work in the United States? Who are its main players? How much market share do they have? The United States medical device industry is dominated by a few major players: Medtronic, St. Jude Medical, Boston Scientific, Stryker, and Zimmer Biomet. Like other segments of healthcare, they have consolidated over time. Here is a brief overview of the United States medical device industry.

Is It Possible to Build an Antifragile Business?

How to Develop Your Success Consciousness

Is it possible to build an antifragile business? Why are the stock market and big corporations so naturally fragile? Building an antifragile business is possible, but our economy is currently built on an extremely fragile system—the stock market. Big corporations have no stakes to find better systems when they can just get bailed out by taxpayers. Read more about what it would take to build an antifragile business.

Grow an Online Business: Choosing a Growth Model

Grow an Online Business: Choosing a Growth Model

What’s more profitable— to open a physical store or grow an online business venture? What are the most common features of successful online businesses? According to Reid Hoffman, the author of Blitzscaling, it’s much more profitable to grow an online business than to run a physical store. There are many reasons for this but the biggest is that there are virtually no overhead or advertisement costs when you’re selling software. Keep reading for more reasons on why you should grow an online business rather than a physical one.

Scaling a Company: The 4 Growth Factors

How to Build the Next Trillion Dollar Business

What are the four growth factors that are incorporated into most great business models? What business models are more suitable for scaling a company? The four growth factors that affect scaling a company are market size, distribution, high gross margins, and network effects. There isn’t one business model that will work for every company but incorporating these growth factors will help you scale. Continue reading for more information on scaling a company.

Education and the Economy: The Real Connection

Education and the Economy: The Real Connection

What do education and the economy have to do with each other? Is it true that widespread formal education increases wealth and opportunity? In Antifragile, Taleb argues that our belief that education leads to economic prosperity is false. Instead, he says that wealthy countries invest in education, and we confused this for the cause of the economic wealth. Keep reading to find out why the relationship between education and the economy are not what you think.