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From Editor’s Desk
Thehealthcareindustryhasundergonesignificantchangesovertheyears,drivenbyadvancementsinmedical science,technology,andchangingsocietalneeds.Inthepast,healthcarewasfocusedprimarilyontreating illnessesandinjuriesaftertheyoccurred,butwiththeadventofmodernmedicine,healthcarehasshifted towardspreventativecareandearlydetection.
Oneofthemostsignificantchangesinhealthcarehasbeenthedevelopmentofmedicaltechnologiesthathave improveddiagnosis,treatment,andpatientoutcomes.Theseadvancementsincludethedevelopmentofvaccines, antibiotics,imagingtechnologies,andminimallyinvasivesurgicaltechniques.
Anothermajorchangehasbeentheshifttowardsapatient-centeredapproach,withhealthcareprovidersfocusingon meetingtheneedsandpreferencesofindividualpatients.Thisapproachincludesprovidingmorepersonalizedcare, empoweringpatientstotakeanactiveroleintheirhealth,andfocusingonholisticcarethataddressesthephysical, emotional,andsocialaspectsofhealth.
FeaturingforTheEnterpriseWorld’sthisissueofMostPromisingHealthcareCompaniesToWatchOutFor2023are thestoriesofsuchrevolutionarycompanies.
Forthecoverstoryread-
USHealthCenter(USHealthCenter),aplatformprovidinganalyticsandartificialintelligence(AI),isbreaking barriersinthehealthcareindustrywithlowerhealthcarecosts.Itismakinggreatstridestowardsbetterhealthcare delivery.TheEnterpriseWorldisproudtointroduceittotheMostPromisingHealthcareCompaniesToWatchOut Forin2023.Traditionalmedicineisnolongeradequatetomeetthedemandsofapopulation,andhealthcaremust broadenitsrangeofofferings.Dr.RaymondGavery,MD,andGavinQuinniesrecognizedtheneed,andUS HealthCenterwasfoundedin2003.ThefocusofUSHealthCenterisonparticipationandadherencetohealth managementprograms,whichresultsinsignificantsavingsforthecustomers.USHealthCenterisoneofthefew vendorsthatofferservicesinthepre-disease,disease,andpost-diseaseperiods.
StatumSystemsisahealthcaretechnologystart-upfoundedbyhealthcareprofessionalsintheBostonmedical community.Concernedaboutthefragmentedstateofmedicalcommunicationsystemsinhospitalsandmedical centres,andespeciallywiththecontinueduseoftraditionalpagersandothersinglepurposeapplicationsanddevices thatrequirecareteammemberstoconstantlyjugglefromonesystemtoanother
InaninterviewwithTheEnterpriseWorld-
HypreventionwasfoundedinFrancein2010,todevelopinnovativeimplantablemedicaldevicesfortheorthopaedic surgeryinordertoaddressbonefragility.TheideaofbonereinforcementcamefromOrthopaedicSurgeons.Seeing moreandmoreelderlypeoplecomingtotheirhospitalsforhipfracturetreatmentsandanyosteoporoticfracturesdue toagingandgrowingpopulation,theythinkondevelopinguniquesolutions.Afterstudyingthemarketopportunity andprojectfeasibility,thesurgeonsandIhavecreatedthecompanytogether
This list is NOT a ranking. The companies on listed in magazine serve different aspects of the market, making ranking them in any order except revenue impossible and unfair. We try to bring a perfect platform for business organization to showcase their valued products/ services.
Leaders in Spotlight
Forthecoverstoryread-
USHealthCenter(US HealthCenter),aplatform providinganalyticsandartificial intelligence(AI),isbreaking barriersinthehealthcareindustry withlowerhealthcarecosts.Itis makinggreatstridestowardsbetter healthcaredelivery TheEnterprise Worldisproudtointroduceitto theMostPromisingHealthcare CompaniesToWatchOutForin 2023.
Traditionalmedicineisnolonger adequatetomeetthedemandsofa population,andhealthcaremust broadenitsrangeofofferings.Dr RaymondGavery,MD,andGavin Quinniesrecognizedtheneed,and USHealthCenterwasfoundedin 2003.
ThefocusofUSHealthCenteris onparticipationandadherenceto healthmanagementprograms, whichresultsinsignificantsavings forthecustomers.US HealthCenterisoneofthefew vendorsthatofferservicesinthe pre-disease,disease,andpostdiseaseperiods.
StatumSystemsisahealthcare technologystart-upfoundedby healthcareprofessionalsinthe Bostonmedicalcommunity. Concernedaboutthefragmented stateofmedicalcommunication systemsinhospitalsandmedical centres,andespeciallywiththe continueduseoftraditionalpagers andothersinglepurpose applicationsanddevicesthat requirecareteammembersto constantlyjugglefromonesystem toanother.
InaninterviewwithTheEnterprise World-
Hypreventionwasfoundedin Francein2010,todevelop innovativeimplantablemedical devicesfortheorthopaedicsurgery inordertoaddressbonefragility Theideaofbonereinforcement camefromOrthopaedicSurgeons. Seeingmoreandmoreelderly peoplecomingtotheirhospitals forhipfracturetreatmentsandany osteoporoticfracturesduetoaging andgrowingpopulation,theythink ondevelopinguniquesolutions. Afterstudyingthemarket opportunityandprojectfeasibility, thesurgeonsandIhavecreatedthe companytogether
C O N T U S H E A L T H
WHY NURSES ARE SO IMPORTANT IN HEALTHCARE
USHealthCenter(USHC),a platformprovidinganalytics andartificialintelligence(AI), isbreakingbarriersinthehealthcare industrywithlowerhealthcarecosts.It ismakinggreatstridestowardsbetter healthcaredelivery TheEnterprise Worldisproudtointroduceittothe MostPromisingHealthcareCompanies ToWatchOutForin2023.
Traditionalmedicineisnolonger adequatetomeetthedemandsofa population,andhealthcaremust broadenitsrangeofofferings.Dr. RaymondGavery,MD,andGavin Quinniesrecognizedtheneed,and USHCwasfoundedin2003.
ThefocusofUSHealthCenterison participationandadherencetohealth managementprograms,whichresults insignificantsavingsforthe customers.USHealthCenterisoneof thefewvendorsthatofferservicesin thepre-disease,disease,andpostdiseaseperiods.
Duetothespecialcombinationofboth foundersapproachingthesame conceptsfromoppositeperspectives,a highlyeffectivestrategywascreated. ThePersonalHealthDashboardTM (PHD),oneoftheearliestonlinehealth portals,wasreleasedbythecompany in2003withinashortperiodoftime.
ThePersonalHealthDashboardTM, combinestheonlineHealthRisk Assessment,DNA,biometrics,medical andRxclaims,demographic,wearable, lifestyle,andpayrolldata.This becomestheuniversalpredictive modelwhencombinedwithlifestyle data.
USHC'sevidenced-basedscienceand PredictiMed™AItechnologysuite, combinedwiththeWholeistic™Care navigationactivates,educates,guides, andincentivizesmemberstomanage andimprovehealth.In2019,USHC
wasthird-partyvalidatedatthehighest levelforCareNavigation,andin2020 forPopulationHealthManagement, alsoattheGoldLevel.
Inspringof2022, USHCwasproudto have athird-partyvalidationofits financialriskburdenforecastingmode. WithclientsinnearlyallUSstatesand servingover100,000activemembers, 19yearsofexpertise,andahighstaff retentionrate,USHChasdeveloped oneofthebroadestandmost comprehensivePHMplatforms available.
Throughtheprovisionofmarketleadinghealthmanagementscience, technology,andadvocacyforthe preventionandmanagementofdisease, thegoalwiththecompanyisto enhancepeople'shealthandlower healthcarecosts.
TheManBehindTheCurtain
GavinQuinnies President&CEOThefactisthatrunningabusinessis challengingduetoitscomplexities.It canbechallengingtochooseoneor twoofthemanyobligationsthat entrepreneursmustdoastheyhaveso many.
GavinQuinniesisatruereflectionof staunchentrepreneurship.Trainedin engineeringandmanagementsystems, Mr.Quinniesstartedhiscareer developingartificialintelligence, automatedprocessplanning,and intelligentnetworksintheaerospace industry
Afterthat,heworkedasCOOfora companythatmanufacturedand distributedmetals,successfully growingitfroma$20millioncompany toa$100millioncompanywithmultistateoperations.Duringthistime,Mr. Quinniescreatedmanagementsystems
forquality,sales,IT,andproductivity thatledtheindustry.
In1992,helaunchedhisfirst incentive-basedwellnessprogram, whichhada4:1returnoninvestment. HestayedonasChiefQuality,Safety, andHealthOfficerforthe$2.0billion parentbusinessafterasuccessfulexit thatinvolvedamulti-competitorrollupandIPO.
Mr.Quinnieshadaconsultancy businessforQuality,Safety,Health, andLifeSciencespriortoco-founding USHealthCenter.IBM,whichwas aidingintheautomationofthe pharmaceuticalindustry'snew medicationapprovalprocedure,was hisbiggestclient.
Helivesbyfivebusinesstenets:know yourmarket,manageyourresources effectively,avoidearlyexpansion, maintainconcentration,payattention toadvisors,andbepatientbutwork quickly.
Whentalkingabouthisentrepreneurial journey'strueaccomplishmentsMr. Quinniessays,“Applyingthesame principlesofintegrity,tenacity,and utilitytoawidevarietyofbusinesses; printing,aerospace,metaldistribution, consulting,andnowhealthrisk managementhavehelpedgroweach organization.”
GettingToKnowGavinQuinnies
“I've lived some of them and learned from others.”
Mr.Quinnieshasmanypreferred booksonhisbookshelf.TheGoal, authoredbyEliyahuM.Goldratt, however,standsoutforhim.
Theconstrainttheoryfundamentalsin thatbookoutlinethebuildingblocksof hisapproachtoallproblems,finding thestraightlinebetweenallpoints,the quickestpathtosuccessby
continuouslyremovingroadblocks.He feelsthatitishisjobasaleaderto identifythebottlenecksandalwaystry toremovethemfromhisTEAMates' processes.
Thestorywhichhefindsmost inspiringisofSteveJobs.Itisa fascinatingtaleofgenius,intrigue,
hubris,andfailuresandsuccesses trailblazersmake.Hesays,“Dounto othersasyouwouldhavethemdounto you,isthemostinspirational,andoneI trytolivebyeveryday.Lifeand businesscanbeboileddowntoone simplepractice:KeepingPromises. Sometimesthehardestpartisknowing whichpromisestomake.
Milestones
AlongTheWay
Withinthebusinessworld,eachsector hasitsownrequirementsand challenges.Someoftheissues drasticallyaffectbusinessesand organisationsacrossarangeof industriesandsectors.
Everybusinessstrivestomaintainthe
qualityofitscustomerrelationships,the vibrancyofitsbrands,andthe satisfactionofitsworkforce.Acompany thatissuccessfulovercomesobstaclesto setitselfapartfromitscompetitors.
Similarly,initialchallengeswerefaced byUSHealthCenter.Theconceptof diseasepreventionwasnewin2003. Therewerepocketsofitinareassuchas fitness,nutrition,andsoforth,butithas beenanupstreambattle.
NowUSHChasover20yearsof experienceinthegame,yetitisstill tryingtochangetheparadigm.
SuccessSpeaks
Firstandforemost,thecompany's resilienceiswhathascontributedtoits
CompanyInsights
long-termsuccess.Withanemphasis onillnessprevention,USHChasbeen inthesectorforabout20years.During thattime,ithasobservedmanyvarious strategiesanddevelopedafewofits own.
Second,theachievementsthathave gainedworthinthemarket.The companyhasreceivedasmuch validationandhonorasanyinthe industry,anditsclienteleistheleaders intheirrespectiveindustries.
Thebreadthanddepthofthe company'sserviceandtechnology offeringsarealsoimportant.The technologywascreatedwiththe expresspurposeofenablingillness prevention,anditisusedinservices
likeWholeistic™Coaching,testing, andscreening.
Similartothemedicalhomeideaofa PCP,Wholeistic™Coachingenables theRNAdvocatetomanagethe member'sfullcontinuumofcare.This necessitateshavingalltheinformation inonelocationandthenecessary instructionandtraining.
Inaddition,thebusinessbegan utilisingitspredictivemodelingand engagementintheinsurancesector, constructingself-fundedandvoluntary benefitsproductswithpartners.Asa result,itwaspossibletomerge engagementsystemsandbetterutilize theriskmanagementtoolkit.
Inordertoaidinbettercomprehension,USHCchartsenableitsstakeholderstocomparevariousdatasetsvisually.
ThischartshowcasesthePredictiMed™AIpredictivemodelanditsabilitytoidentifyandlowerthepre-diseasehighrisklevels.
MotivatingFactor
Thesimplefactthatcompetition confirmsthemarketmakesita motivatingforce.Whenitcomesto numerousinstances,USHChasbeen theonlyonedoingwhatitisnow doingforalongtime.Butthemarket hashigherexpectations,andthere wouldn'tbeanycompetitionifthere weren'tany
Thecompetitionalsoprovidesameans bywhichtodifferentiate.
FurtherMr.Quinniessays,“Westrive toideate,create,andcurateourown solutionsbasedonmarketdemand. Ironically,Ihavelearned,itisboth easierandlessexpensivetobuild ratherthanbuy Weareveryproudof thedistinctionswehaveinthe marketplace,asitrelatestocompeting againstthoseinoursharedpopulation healthspace.Especially,theindustry-
leadingvalidationsaswellasthetwo industry-leadingHealthValueAwards forCareNavigationandPopulation HealthManagement.”
TeamForTheWin
USHCkeepsitsteamsmotivatedby continuallychallengingthemand allowingthemtogrowtheirexpertise. Itbelievesinastrongwork-life balance,realizingthattheyhave aspirationsoutsideofwork,andthe companyworkstofacilitatethat.
Mr.Quinniessays,“Weareproudof thefactthatsincefoundingthe organizationwith2employeesnearly 20yearsago,wehavehadaveryhigh retentionrateandhaveaveryseasoned TEAM.Wehaveverylittle managementoversight,everyone worksineitherfunctional,client-based orproject-basedTEAMs,whichadds toflexibilityanddiversityofwork.”
“I've lived some of them and learned from others.”
SettingItApart
ThePredictiMed™AIhealth managementsystemiscomprisedofa PersonalHealthDashboard™(PHD), healthcoachtracker,corporatehealth profile,healthcounts,Sweeper™ medicalandpharmacyclaimsanalytics tool,andcontentmanagementsystem.
PersonalHealthDashboardTM (PHD)
ThePHDisaresponsiveuserportal thatisdynamicandcompleteandoffers aseamless,individualizeduser experience.Itincludesacomprehensive healthprofileandmedicalhistory recordaswellasperiodicandepisodic medicalinformationthatisaccessible wheneverandwhereverneeded.
ThePHDisasecure,encrypted medicalsitethatalsohasafullhealth andwellnessmanagementwebsiteand amedicalpassportwithpersonal, medical,andinsuranceinformation.
HealthCoachTracker
TheHealthCoachTrackersupports practitionersinmanaginginteractions withparticipants,includinggoalsetting,appointmentscheduling,data collectionongoalsreachedandnot attained,andchargingthepayorfor visits.
Thetrackerisalsoadataminingtool thatemploysfilterstorunsearchesona varietyofcategories,including participation,lifestylecategories,prediseaserisklevels,valuesfrom biometrictests,WellcentiveScore,and manymorefactors.
Thismakesitpossibletousefocused interventionaltechniquesthataren't supportedbyanyotherplatform.Based ontheanalysisofhealthrisksand habits,theadministrativereporting dashboardoffersaprivateexecutive summaryreport.
Wholeistic™Coaching
Inadditiontoofferingtechnology, USHCalsooffershealthcareadvocacy services.Comparingthisservicelineof Wholeistic™Coachingtothe traditionalmulti-specialistand compartmentalizedmethodcommonin theindustrytoday,itisclearthatthe formerismuchsuperior
TheWholeistic™Coachingtechnique wasdevelopedbyUSHCin2004asa resultoftheirrecognitionthatthis leadstodissatisfiedusersandlow engagementexperiences.Atophealth scienceinstitutionrequestedthe
Companytodevelopacoaching certificateprogramforsenior-level studentsusingthisnovelstrategy Then,in2010,weproduceda5-credit coursethatiscurrentlyaccessible online.
CareNavigation
Duetotheuseofscience,technology, andadvocacyapproach,USHCisthe onlyorganizationtobevalidatedfor CareNavigation.
Itisasub-disciplineofcare coordinationthataspirestosteer patientstothemostappropriateand effectiveclinicalprovider.According totheValidationInstitute,whatput PredictiMed™AIovertheedgewas validatedanalyticsleadingtopreemptiveinterventionsthatcanreduce theincidenceofERvisitsand hospitalizationsbetween80and93%.
HealthCounts
HealthCountsisaneffectiveincentive toolofthePredictiMed™AI ecosystem,actingasthekeyagentfor managingengagementandtracking healthbehaviors.Itenablesclientsto createcampaignsandactivitiesto motivateparticipants,ultimately ensuringthetrackingofgroup participationprogress.
Sweeper™
TheSweeperTManalysistoolcontrols everythingfrommedicalorpharmacy claimeventstotrendanalysis,success measurement,expenseanalysis,and populationcomparisons.Additionally, thecontentmanagementsystem moduleenablespersonalizationof specificcontentthatismadeavailable tousersontheirPHD.
Intermsoftechnology,US HealthCenterusesamulti-pronged strategytohelpthepredictionmodel detectthebeginningofdiseasebefore
symptomsappearbymerging objectiveandsubjectivedata.Then, usingin-houseanalytics,it determinesthepossibleriskload andcostavoidanceorexposurefor eachdisease,eventuallypresenting savingsoptionsperpersonatrisk.
Inaggregate,riskmanagerscansee wheretheirriskburdenisaccording tobenchmarksfinancially This analystcanhelpvisualizetrendsto furtheridentifyandimprovethe existingmedicalconditionsfor betterhealthoutcomesbyhelping healthcareorganizationsfocuson proactivecaremanagement.
SteppingAhead
“We listen to our clients and the markets.”
USHCisaheadofthepackmostof thetime,butthingsmovefast.Its ventureintotheinsuranceindustry andthecustom-builtproductsisa hugepartofitsrecentsuccess. Unlikemanyothers,italso validatesandqualifiesitsproducts andservicesthroughathirdparty.
Thecompanyistheproudrecipient oftwoindustry-leadingandone-ofa-kindvalidations.Onethatithas receivedeveryyearsince2015in Pre-diseasePredictiveModelling Accuracyanditsnewestvalidation isofthisyearinHealthRisk BurdenFinancialForecasting.
Tocreateandupgradeadiabetes caremanagementsystem,USHC is alsocollaboratingwithaleading healthsystem.USHCwillhaveone ofthemosteffectivediabetes preventionandmanagement optionsavailablethankstothe combinedefforts.Additionally,it anticipateshavingaCDC-approved onlineprogramfordiabetes prevention.
Tocreatenewpre-diseaserisk algorithmsforillnessesthatDNAcan helpforecastmoreaccurately,USHCis collaboratingwithitsDNAtesting partners.
Italsokeepscreatingnewinsurance plansthatencourageandreward customersfortakinganactiverolein controllingtheirhealth.Amongthese areindemnitycontractsthatboost incomeforpeoplewhotakecareof theirhealth.Self-fundedgrouphealth plansalsosupportmember involvementandthereductionof significantclaims.
Inaddition,USHCjoinedforceswith practitionersoffunctionaland integrativemedicinetodeveloptools forriskreduction,chronicdisease management,anddiseaseprediction.
Thefutureappearspromisingfor USHC.
“We listen to our clients and the markets.”
NewYorkCity!Justthename makeseyessparkle,dreams biggerandeverythingmuch merrier Withanoverwhelmingamount ofopportunities,toanartist,awriter,a banker,anengineer,younameitand NewYorkhassomethinginstorefor you!
Beforewediveintotheextravagant cultureofNewYork,letusfirst understand-
Whataresomegeographical featuresofNewYorkCity?
NewYorkCityislocatedononeofthe world'slargestnaturalharbors,which extendsintotheAtlanticOcean.It
What is the history of New York City?
17th Century New York
comprisesoffiveboroughs,eachof whichextendswitharespective countryofthestate.Thefiveboroughs are-
Ÿ BrooklynortheKingsCountry
Ÿ QueensortheQueensCountry
Ÿ ManhattanortheNewYork Country
Ÿ TheBronxorBronxCountryand
Ÿ StatenIslandortheRichmond Country
ThemetropolitanofNYCmakeupthe premiergatewayforanylegal immigrationtotheUnitedStates.The
vastmajorityofpeoplepouringinfrom overtheworldhavemadeNewYorka culturalcapital,withawhopping800 languagesspokeninthecity,akindof linguisticdiversitythat'shardtofind anywhereelse.
Thecityisahometomorethan3.2 millionresidentsbornoutsidethe UnitedStates.Asof2022,theNYC metropolitanareahadproducedan estimatedgrossmetropolitanproduct ofover$2.1trillion,toppingthelist worldwide.Withthisestimateinmind, thecityalsohousesthehighestnumber ofbillionairesandmillionairesofany cityintheworld.
The Dutch founded their rst permanent trading post
The rst black slaves arrived, who played a major role in forming the colonies.
Giovanni da Verrazano discovered New York Harbor Henry Hudson sailed up the Hudson River Peter Minuit bought Manhattan from the Native Americans. A Wall was built to protect New Amsterdam, across Manhattan Island. The street next to it was call The Wall Street.18th Century New York
Bythistime,NewYorkhadalmostdoubleditspopulation,andthemainindustryinthecitywasthatofmilling.
The New York Gazette, the rst newspaper began its publication.
1725
1732
The rst theatre in New York was opened
19th Century New York
1754
1784
Kings College (Now Columbia University) was founded. The Bank of New York was founded.
1789
1792
George Washington took his presidential oath at Federal Hall. Trading in stocks and shares took place in and around Wall Street.
1820
The rst line of New York Subway was opened.
1904
1826
New York became the largest city in the USA with a population of 123,000. Washington Square Park was created.
New York University was founded.
1831
1845
New York City Police Force was founded.
Madison Square was opened.
1847
1851
The New York Times began publication.
1886
The Statue of Liberty was dedicated by President Grover Cleveland
First telephones were installed in NYC
1878
1872
Bloomingda le's was founded.
Frederick Law Olmsted and Calvert Vaux created Central Park.
1858
1858
Macy's was opened
WhatisthestorybehindTheStatue ofLiberty?
“We will not forget that Liberty has here made her home; nor shall her chosen altar be neglected."
—PresidentGroverCleveland, acceptingtheStatueofLibertyon behalfoftheU.S.,October28th,1886
TheStatueofLibertystandstallinthe UpperNewYorkBay,representingthe universalsymboloffreedom.The StatueofLibertywasoriginallygifted
byFrancetotheUSAasanemblemof strengtheningfriendship,andalsoasa staunchsignoftheirmutualwishfor liberty
Overthemanyyears,ithasevolved intosomuchmore.Itisalsoregarded astheMotherofExiles,whostands strong,welcomingthemillionsof immigrants,asanepitomeand embodimentofempathy,hopeand opportunityforeveryonewhoisin searchofabetterlifeintheUSA.
RepresentingthespiritofAmerica itself,thestatueexcitesthedesirefor freedominpeopleallovertheworld.
Hereareafewinterestingfactsabout TheStatueofLibertyyoudon'twantto missouton-
Ÿ TheStatueisinspiredbyaRoman Goddess,Libertas-goddessofliberty.
Ÿ LadyLibertyoriginallywasbrownin color,beingmadeoutofpurecopper However,after1900itbeganto developagreenpatinaduetothe oxidation.
Ÿ TheStatueofLibertyusedtobea lighthouseandguidedshipsinNew York'sharbor
Ÿ LadyLibertyhasbeenstruck600 timesbyalightningbolt,butnoneof theboltshavecausedanykindof severedamagetoit.
Ÿ ThecrownofLadyLibertybears7 spikeseachrepresentingtheseven oceansandcontinentsoftheworld.
TheWallStreet-What'stheStory behindtheChargingBull?
TheChargingBullortheBigBullon theWallStreethastodaybecomethe universalsymboloftheAmerican stockmarketanditsbigbusiness.Itis alsooneofthemostvisitedand popularsightsinthecity.Touristspour infromaroundtheworldtoseethis bronzebeast.
TheChargingBullsculpturewas createdbyanItalian-Americanartist, ArturoDiModica.DiMonicacameto NYCinthe70s,andbeinginspiredby thecity'senergyheopenedastudioon
DiMonicastartedworkingonthebull afterthestockmarketcrashof1987, wherehefeltheowedsomethingtothe Americansforsograciouslyaccepting himandsupportinghiscareerasa sculptor.
GrandStreetinthemoderndaySoHo. Hepaidawhoppingsumof$360,000 ofhisownmoneytobuildthe ChargingBull.WiththeChargingBull, hewantedtoinspirepeopletocarry throughhardtimesandcelebratethe consistencyandperseveranceofan Americanbusinessprofessional.He chosethebulltorepresenttherising marketandathrivingeconomy,which everybodywasfightingforafterthe bigcrash.
WhatistheBestTimetoVisitthe Bull?
Unliketheothermonumentsofthecity, forexampletheStatueofLiberty, ChargingBulldoesnothaveanytickets andhasano-costadmission.TheBull standsinthemiddleofthestreet,soyou canveryeasilyvisititanytimeofthe day
Bymid-day,youcanfinddozensof peoplelinedupinfrontforasnap.So,if youwanttogazeattheBullwithout anyonepesteringtomovealong,you willhavetoshowupearlyinthe morning.
ATraveler'sTip-
Wintercanbeagoodtimetovisitthe Bull.Owingtothesnowy,chillydays youcanfindfewerpeoplearound.And ifyouarelucky,youcanalsofindthe Bullcoveredinablanketofsnow!
Theanswerisincompletewithoutatour tothelocalculinaryculture.
NYSisafoodie'sparadise,mostly becauseofitsgloballyinspiredcuisine andalsoaheavyinfluencebymany culturesofthecity.
WonderingwhatfoodNYCisfamous for?SomeofNewYork'smostfamous foodsincludetheclassicslikethatof NewYorkbagels,NewYorkpizza,and theNewYorkcheesecake.
Becauseofitsmulticulturalnature,it alsohousesauthenticcuisinesacross theglobe.Tonameasingleplacetotry amazingdisheswouldbehard,butyou canvisittheQueensNightMarketin Queens.Inthisopen-airweekend market,youcantryfoodfrommore than100localvendors.
HereiswhyNewYorkCityisalways onthe'TopCitiestoLiveIn'lists-
It'sDiversity
NewYorkisregardedasoneofthemost diversecitiesintheworld.Thecityis alsosometimesreferredtoasThe MeltingPotbecauseofthenumberof immigrantsmovingherefromaround theworld.
Itsdiversityiseasilyreflectedinits food,art,music,cultureandthe neighborhoods.
HereisafunthingtodoinNYC-
YoucanvisittheTenementMuseumand exploreNYC'simmigrationhistory.You willbeabletovisitthe19thcentury tenementbuildingandlistentothe storiesoffamiliesthatlivedthere.
AlwaysToppingtheListsTheDeliciousFood Youask'WhyisNewYorksofamous?'
Smorgasburgisanotherweekend marketgenerallyfoundinBrooklyn, Manhattanandafewotherplaces.If youareinthemoodtocruisearound, enjoybeautifulsceneryoftheNew YorkCity,whileenjoyingPhilly cheesesteaks,Chinesebaobuns, Filipinostreetfood,Indonesianrice bowlsandsomuchmore,The Williamsburglocationwouldsuityou thebest.
NewYorkisalsofamousforsomeof thebestandthemostuniquerestaurants intheworld.LikeCaféSerai,where youcantastetheReubenMomos,the traditionalTibetandumplingswitha NewYorktwisttotopitoff.
Therealsoareanumberoffoodtoursin NYCwhereyoucanbeanaudienceto thestoriesofdifferentneighborhoods throughfood.Someoftheminclude-
Ÿ NYCGreenwichVillageItalian FoodTour
Ÿ NewYorkCityLowerEastSide Culture&FoodTastingsTour
Ÿ Chinatown&LittleItalyFoodFest
TheMuseumsofNewYork
NewYorkhostssomeamazingand world-classmuseumsandmanyof themhaveafreeentry.
Ÿ MetropolitanMuseumofArt
Ÿ AmericanMuseumofNatural History
Ÿ MuseumofModernArt
Ÿ WhitneyMuseumofAmerican Artand
Ÿ GuggenheimMuseum
Thesemuseumshavethemost impressiveandawesomecollections ofartandotherhistoricalartifacts.
Broadway-ACelebrationofArt
OneofthemainreasonswhyNew Yorkissofamousistheincredible showsonBroadway!
NewYork,withtheculturallyrich anddiversevisualandperforming artsscene,isthemostcelebrated destinationsfortheatreglobally. Broadway'sstageshaveheld countlessplaysandmusicalsand someofthebestperformershave gracedthestage.
Here'satipifyoulovetoursdearlyYoucanbookaBroadwayTheaters &TimesSquarewithaTheater Professionalexcursionanddivedeep intothehistoryandcultureof Broadway.
TheExtravagantHolidays
Therearejustafewothercitiesin theUnitedStatesthatgoalloutto celebratetheholidaysasNewYork.
ThanksgivinginNewYorkCityisa bigfestival.Macy'sThanksgiving DayParadeservesasanunofficial starttotheholidayseason,andthe tinkerlightscomeoutdecoratingthe
citywithwidesmilesandahappy spirit.
Andthencomesthebiggestfestivalof thecity-Christmas.Wehaveall watchedHomeAlone-LostinNew Yorkamilliontimesduringthe holidays,andhavebeenmesmerizedby thebeautyofthecity.Itissomething yousimplycan'tmiss.Thebeautiful windowdisplays,eventsinthecity, decorations,everylittlethingtakesthe atmospheretoanotherlevel.Watchthe cityturnintoatruewinterwonderland aroundChristmas.
Architecture
Amoderncitywithbusybrokersand aspiringstudents,youwouldthinkitis hardtofindtimetositandappreciatea beautifulbuilding.Buttheglass skyscrapers,silhouettesofsomeofthe mosticonicbuildingsliketheEmpire StateBuildingandtheChrysler BuildingmakeforNewYork's impressiveandstrikingskyline.
Ifyouwanttogetmoreknowledge aboutthecity'sarchitecture,youcan considerthefollowingtours-
Ÿ NewYorkCityarchitecturetour
Ÿ NewYorkDowntownArchitecture audiotour
Ÿ FlatironFood,Architecture& HistoryTour
Youcanalsolookoutforthe ManhattanArchitectureYachtCruise. Onthisspecialtouryoucansipon wineandbeersittingina1920s-style yachtandlistentothenarrationfrom theAmericanInstituteofArchitects (AIA).Thisisoneofthebestandmost soughtafterManhattanskylinetours available.
VibrantCulture
NewYorkishometoincredible culturalinstitutions,hasmesmerizing
artmuseumsandthefamous BroadwayTheater.Butitslegacyofa vibrantculturegoesevenfurther
NYCisalsofamousforahappening musicscene.Fromthefunkyuptown jazzclubstothepopulardowntown punkmusichistory,NewYorkhas beenknowntobeamusichub.
Addingtothat,thecityisalsooneof thefashioncapitalsoftheworld,with itsfashionrootsdatingbacktothe 19thcentury Today,thefashionscene ofNewYorkhasevolved,wherethe cityisahosttotopannualFashion
Weeks,andalsoholdssomeof themostfamousfashiondesigner andretailerheadquartersthan anyotherUScity
Enabling Excellent Medical Communication
Challengesinsystemizedmedicalcommunication havebeenmountingforyears,andtherehavebeen veryfewcompaniesidentifyingtheproblemand brainstormingasolutionthatfits.FredLizza,andtheteam ofStatumSolutionshavebeenamongthefewwhohave foundtheperfectwaytoendthissignificantproblem plaguinghealthcare.
FeaturingforTheEnterpriseWorld'sthisissueofMost PromisingDigitalHealthSolutionProvidersin2022is StatumSystems,acompanythatisenablingexcellent medicalcommunication.
TheCompany-
StatumSystemsisahealthcaretechnologystart-upfounded byhealthcareprofessionalsintheBostonmedical community.Concernedaboutthefragmentedstateof medicalcommunicationsystemsinhospitalsandmedical centres,andespeciallywiththecontinueduseoftraditional pagersandothersinglepurposeapplicationsanddevices thatrequirecareteammemberstoconstantlyjugglefrom onesystemtoanother
Toaddresstheissue,Statumcreatedaunifiedmedical communications&collaboration(UCC)platform, StatumHEALTHtm,thatsimplifiesworkflowsforcareteam memberswithafocusonimprovedpatientcare.Statum alsoinventedanoptionaldeviceintheformofanIDbadge holderthatcapturespagersignalsandsendsthemvia BluetoothtoStatumHEALTHontheuser'ssmartphone.
Thisdevice,StatumCONNECTtm,eliminatestraditional pagerswithoutlosingthereachandreliabilityofpagerfrequencymessages.
StatumHEALTHalsocollectscomprehensivedata regardingmedicalcommunications,andanalysingitto identifyopportunitiesforworkflow,patientcare,and financialperformanceimprovements.Thisdata-driven componentofoursolutionwillgrowinimportanceas StatumHEALTHcollectsmoredataandappliesAI-based toolsandpredictiveanalyticstothedatainfuturereleases.
OvercomingtheChallenges-
“Statum is poised to explode in 2022 as we move from beta testing to commercial release of StatumHEALTH.”
Statum'sinitialmarketresponsehasbeenoverwhelming. Everyphysician,surgeonormedicalprofessionalwhosees theirsolutionwantsit. Thisisbecause,forthepasttwo decades,hospitalshaveaccumulatedmanyspecial-purpose andsinglepurposecommunicationssystems. Theydon't interfacewitheachother,onlyaddressoneortwoaspects ofprovidingpatientcareandrequirecareteammembersto jumpfromonesystemtoanother
Statum'sleadershipteamistheperfectblendofmedical professionalsandtechnologyexecutives. SeveralcofoundershavedeepmedicalexperiencewhileourCEO, SVPofCorporateDevelopmentandAdvisoryBoard membersbringmanyyearsofsuccessinlaunchingand growingtechnology-basedenterprises.
The Products and Services-
StatumHEALTH's competitive advantage comes from three distinct capabilities that the above-listed competitors cannot match:
Delivery of lowfrequency broadcast pager messages directly to the smartphone
A patient-centric architecture
An enterprise scale unified medical messaging and collaboration platform –not a single purpose messaging system.
AsCOVIDhastaxedhospitalstafftothelimitand identifiedaclearneedformedicalcentrestoupgradetheir ITinfrastructure.ThemedicalUCCplatformswill streamlinecareteamworkflows,reducecommunicationbasederrorsanddelays,turnbedsfasterandenforce HIPAAandsecuritycompliance.Likemanyother industries,medicalcommunicationinfrastructureis evolvingfromdisparatepointsolutionstointegrated platforms.
TheServiceDirectory-
Low-FrequencyPagerMessagesDirectlyTo Smartphone
Pagerserviceprovidersbroadcasttheirpagermessagesover low-frequencybandwidths,providinggreaterreachand coverageandhigherreliability. That'swhyover80%ofUS hospitalsstillusepagers–socriticalmessagescanbe receivedimmediatelyinallareas,evenplaceslike radiologysuites,whereWiFi,5Gandcellularsignalsare notreliablyavailable.Statumusesmultiple communicationsmodalities,includingdirectreceiptof pagermessagesbyStatumCONNECT,toensureefficient messagereceiptwhilenotlosingreliability.
“By using our patented technology, we maintain the reach and reliability advantages of low frequency pager messages, but deliver rich messages directly to the users' smartphone without store and forward delays.”
Patient-centricArchitecture
GiventhatmanyofStatum'sfounderscomefromthe clinicalworld,theteamhasbuilttheirarchitecturefromthe grounduptofocustheircommunicationsaroundthe patient.Their“patientsessions”functiondelivera communicationsforumthatallowsforsynchronousand asynchronouscommunicationsacrosscareproviders.
Competitivesolutionsdonotfacilitateapatient-centric methodofcommunicationsthatallowforallthepatient's careteammemberstohaveinstantinsightonpatient interactionsanddata.Instead,competitorsrelyonstandard peer-to-peercommunicationsthatleadtosiloed communications,necessitatingrepetitionforthosenot included.
“Our patient session design enables all of a patient's care team members to share the same dialogue and be alerted to any changes or updates to the patient's condition.”
ByunifyingcommunicationsaroundthePatientSessions, Statumfacilitatesefficientcommunicationsandcreatea
naturalhubforcommunicationsdata collectionthatprovidesinsightsneverbeforeseenbyhospital administrators/executives.
EnterpriseUCC
Statumbelievesthatafteryearsof investinginlimited,singlepurpose medicalcommunicationssystems,the healthcareITmarketisenteringacycle wherethesedisparatesystemswillbe graduallybutconsistentlyreplacedbya unifiedmedicalcommunicationsand collaborationsystem. Themoveto UCC'swillsimplifylearningand onboardingofteammembers,streamline workflowsandimprovecommunications –allresultinginbetterandmore efficientpatientcare,fasterbedturnover andfewerrors. Thisisconsistentwith cyclesinothermaturingmarkets,where singlepurposesystemswerereplacedby integratedsuitesandplatforms.
FredLizza-LeadingtheWay-
“Anyone who has never made a mistake has never tried anything new”
Tosaytheleast,FredisaserialCEO Hehaspreviouslyheldtheroleofa CEOatsixothersoftwarebasedtechnologybusinesses.Fredistypically introducedtoanorganizationthrough theinvestors/ownersofabusiness,either earlyinitslifecycletolaunchandscale thebusinessoratalaterstagetorepositionthecompanytobetterachieve itspotential.
Fredhasledmultiplecompaniesto successfulexitsbyacquisitionandhe hasalsogrownacompanyandledit throughitsIPOandsecondarypublic offerings. Hehaslaunchednew productsintotheAI,ERP,eCommerce andsupplychainmarkets.
EVERYONE ON PLANET TO ACHIEVE MORE
Formorethanadecade,
Microsofthasbeenthemarket leaderinoperatingsystems.It wasestablishedbyBillGatesandPaul AlleninAlbuquerque,NewMexico,in 1975,46yearsago,andiscurrently flourishingallovertheworld.Inthe 2020Fortune500listofthemost significantUScompanies,Microsoft cameinatnumber21.Itisvaluedas thethird-highestglobalbrand.The businessisadigitaloperatingsystems leader
OnApril4,1975,BillGatesandPaul AllenestablishedMicrosoftinorderto createandmarketBASICinterpreters fortheAltair8800.Inthemiddleofthe 1980s,MS-DOSandthenWindows propelledittothetopofthemarketfor personalcomputeroperatingsystems. Threepeoplebecamebillionaires thankstoMicrosoft's1986initialpublic offering(IPO)andsubsequentincrease inshareprice,whileanestimated
12,000Microsoftemployeesbecame millionaires.Sincethe1990s,ithas movedfromtheoperatingsystem industryandacquiredanumberof businesses.Theirgreatestacquisition wasLinkedInfor$26.2billionin December2016,whichwasfollowed bySkypeTechnologiesfor$8.5billion inMay2011.
In2018,Microsoftrecaptureditstitleas themostvaluablepubliclytraded businessintheworldafterbeing dethronedbyApplein2010.After AppleandAmazon,Microsoftbecame thethirdAmericanpublicfirmtohavea marketcapof$1trillionormorewhen itdidsoinApril2019.Microsoftwill havethefourth-highestworldwide brandvaluationasof2022.
JourneyofMicrosoft-
Microsoftisadailyandregularword usedineverycorporatesector The
globalproductisownedbyMicrosoft CorporationbasedinAmericaisa multinationaltechnologycorporation. Theassociatedservicesheadquarters aresituatedatMicrosoftRedmond campusinRedmond,Washington, UnitedStates.Thebestproductsof MicrosoftaretheWindowsseriesof operatingsystems,themicrosoft officesuiteandinternetexplorer,etc. TheXboxvideogamingconsolesand theMicrosoftSurfacerangeof touchscreenpersonalPCsareitstwo mainhardwareofferings.Microsoft wastheworld'slargestsoftware companybyrevenueasof2019;it wasplacedNo.21intheFortune500 rankingsofthelargestAmerican firmsbytotalrevenuein2020.Along withAlphabet,Amazon,Apple,and Meta,itisoneoftheBigFive Americantechnologicalfirms.The journeyofMicrosoftkickstartedwith abasicsetup.
The current global venture was founded by Bill Gates and Paul Allen on 4th April 1975 with the main motive to produce and sell BASIC interpreters for the Altair 8800.
As a result of an arrangement the company made with ASCII Magazine in Japan in August 1977, ASCII Microsoft opened its rst overseas ofce.
In the middle of the 1980s, MS-DOS and then Windows propelled it to the top of the market for personal computer operating systems.
Since the 1990s, it has moved from the operating system industry and acquired a number of businesses.
Microsoft started to reevaluate its products and broaden its product line into computer networking and the World Wide Web after Bill Gates' internal "Internet Tidal Wave letter" on May 26, 1995.
Microsoft released Windows XP on October 25, 2001, combining the NT codebase with the mainstream OS line. Later that year, the company introduced the Xbox, breaking into the Sony and Nintendodominated market for video game consoles.
Microsoft, which was becoming more active in the hardware market after the launching of Xbox, introduced the Zune line of digital media players in 2006 as the replacement to its earlier software platform Portable Media Center.
The Windows Vista released in 2007 featured the security and redesigned user interface dubbed Aero, following with the release of MS Ofce 2007 with the feature of Ribbon user interface.
Throughout the 2011-12 Microsoft restructured its identity with focusing on logo, products, services, etc.
Microsoft released a x for Windows 10 in January 2018 to address CPU issues brought on by Intel's Meltdown security aw. The patch caused problems with the virtual machines running on Microsoft Azure that use Intel's CPU architecture.
On June 24, 2021, Microsoft announced Windows 11.
ThegrowthofMicrosoftandits productsandservicesiswitnessed bythewholeworld.Inaninterview withMr.BillGatesmentionedthe growthofMicrosoftcreditingitto theirteam.
ThesurveyofMicrosoft's StatisticalStudies-
Microsoftbeingaglobalventure todayhasnoneedofany recognitionstrategyormarketing strategy Thecorporationbeingan InformationandTechnologybased corporationworksmostlyonits productsandservicesrelatedto databasesandsoftwares.The4Ps fromthemarketingmixworkson pointformicrosoft.The4Ps includesProduct,Price,Place, Promotion.
ProductMix
Aproductissomethingthatsatisfiesthe needsanddesiresoftheconsumer, whereasaproductmixisthevarietyof thatproduct.Microsoftisaretailerof bothhardwareandsoftware.Computers, laptops,tablets,Xbox,andphonesare amongtheirhardwaregoods.Microsoft OfficeandWindowsOSareamongtheir softwareproducts.Microsofthasabroad rangeofproducts.Itisprimarily renownedforits
Ÿ Devices
Ÿ Softwares
Ÿ Apps
Ÿ Games
Ÿ Entertainment
PriceMix
Pricemixisthemethodusedto determineaproduct'spriceasopposedto price,whichreferstothemonetaryvalue ofaproduct.Microsoftfrequently employstheBuyOnlyWhatYouUse, Freemium,andMarket-orientedpricing strategies.
Ÿ FreemiumPricing
Ÿ Productline
Ÿ
PriceSkimming
Ÿ PenetrationPricing PlaceMix
UnderPriceMix,Microsoftprovides thefollowingservicestoitsclients:
Ÿ Customerscaneasilyselect productsandservicesfrom Microsoft'sofficialwebsitebased ontheirneeds.
Ÿ Microsoftoffersretaillocationsall overtheworldwherecustomers mayusetheguidanceoftechnical advisorstomakesmarterdecisions.
Ÿ Additionally,Microsofthas approveddealersanddistributors. Microsoft'sstrategicallysound locationmixmakesitsproducts readilyavailabletocustomers worldwide.Nowlet'stalkabout Microsoft'spromotionalstrategyto discoverhowitkeepsitspositionat thetop.
PromotionalMix
Withtheaidofitspowerfulbrand image,Microsoft'spromotionalstrategy preciselyaddressesitstargetmarket.It advertisesitsproductsonanumberof
Twitter,Google,Instagram,etc. Microsoftemploysanumberof differentpromotionalstrategies, includingadvertising,directmarketing, andsalespromotion.Itreachesits intendedaudiencethroughastrategic channel.Microsoft'svarietyof promotionsincludes-
Ÿ Advertising
Ÿ SalesPromotion
Ÿ DirectMarketing
Ÿ PersonalSelling
Ÿ PublicRelations
EffectofCOVID19onTheglobal enterprise-
Evenbeforethepandemic,scientists havelongponderedtheimplicationsof aworldinwhichreportingforworkno longermeantreportingforwork.Ifwe hadtheabilitytodisconnectfrom actuallocationsthankstocontemporary technology,howmightour employment,offices,andworkdays change?Whatwouldbethegenuine advantages?Whatwouldtheobstacles be?COVID-19thenstruck.Everything changedandbecameunpredictable fromabusinessstandpoint,butfroma researcher'spointofview,itoffereda hugeopportunity.Thiswastheperfect opportunityforsocialscientiststo
ofanentirelydigitalworkforce.
EarlyinMarch,justadayaftertheorder wasissuedforallemployeesat Microsoft'sRedmond,Washington headquarterstostayathome,scientistsat thecompanystartedthinkingaboutthe researchpossibilities.Thechiefscientist forMicrosoft'sExperiencesandDevices, JaimeTeevan,anddirectorofapplied scienceBrentHechtmetonlinewitha dozenothercolleaguestodiscusswhat hadjustoccurred,whatwasaboutto occur,andwhatitallmaysignify.Hecht assertsthatoneofMicrosoft'sadvantages isthestaffmembers'intensecuriosity.
Ofcourse,thebalancebetweenbenefits andlosseswasfarfromclear-cut.A significantminusforsomewasabonus forothers.Workingfromhomeandbeing freeofofficeinterruptionshadbeena blessingforsomepositions,butithad beendifficultformanagersand employeesinmorecollaborativefieldsto recreatethecreativefrenzyof brainstormingsessions.Nearlyevery benefit hasaconcomitantdrawback. However,acloserlookatthedatasofar offershelpfulinsightsthatmightnotonly guideusthroughthedifficultiesweare currentlyfacingbutalsoinfluencehow wemightthinkaboutmakingthings betteroncewearepermittedtoreturnto ourworkplaces.
ConclusionofTheCaseStudy-
Insummary,Microsoftisthemarket leaderbecauseofitsdominantworldwide presenceandleadership.Their welcoming“perfectcoffeeshop atmosphere”shouldbealong-term competitiveadvantage.Thecompany's retailoutletsandon-sitecollaborations haveearnedhigherresponserates, puttingtheminfrontofthepackinthe maturebusiness.Asaresultofitsallencompassingmarketingapproach, Microsoft enjoysastrongglobalmarket
About Microso
Microsoft is among the most well-known brand brands in business. However, company cofounder Paul Allen originally gave the business the moniker Microsoft, which was a mix of the phrases ``microcomputer" and "software."
3.
Gates planned to rename the original Windows operating system to "Interface Manager" when it was still being developed. The moniker was initially used exclusively internally, with intentions to continue using it when the OS was eventually made available to the general public.
1. 2. 3.
Over the years, Microsoft has used a number of distinctive logos, all of which are instantly identiable. However, the original Microsoft logo was created in less than a day by co-founders Bill Gates and Paul Allen.
4.
One of the company's most well-known software offerings is Microsoft Ofce, which includes favorites like Microsoft Word, Excel, and PowerPoint. Despite the obvious connection to Microsoft, some people would be surprised to learn that Microsoft Ofce rst appeared on the Mac before moving to Windows.
While the typical Microsoft employee may come to mind as a serious coder, they prefer the seriously adorable moniker "Softie." The average softie is a male American resident who works for a company with more than 180,000 people worldwide.
Addressing Medical Needs with Innovation
Innovationinthefieldofmedicaldevices wasn'tamuchanticipatedonebutallthemore necessary Thetraditionaldevicesjustcould notcopewiththerisinganddifferentneedsofthe patients.Andespeciallysoregardingorthopaedics. OneisascenariowherewithRoboticSurgeries, doctorshavebeenabletocurepatientsquicklyand efficiently,itneededastrongsupportofmedical devicestomaketherevolutionhappen.
FeaturingforTheEnterpriseWorld'sthisissueof MostPromisingDigitalHealthSolutionProviders in2022isHyprevention,acompanyfocusedon addressingmedicalneedswithinnovation.
InthisinterviewwithCecileVienney,CEO,letus knowmoreaboutthejourneyofthecompany
Tellusaboutthecompany.
HypreventionwasfoundedinFrancein2010,to developinnovativeimplantablemedicaldevices fortheorthopaedicsurgeryinordertoaddress bonefragility.Theideaofbonereinforcement camefromOrthopaedicSurgeons.Seeingmore andmoreelderlypeoplecomingtotheirhospitals forhipfracturetreatmentsandanyosteoporotic fracturesduetoagingandgrowingpopulation, theythinkondevelopinguniquesolutions.After studyingthemarketopportunityandproject
feasibility,thesurgeonsandIhavecreatedthe companytogether.
Whatweretheinitialchallengesyoufaced?
Asnewbornstar-upcompany,theinitialchallenge foruswastoraisemoremoneythanourown investmenttosupportourfirstproductdevelopment uptocommercialization.Therefore,wemetbusiness angelsacrossEuropetoconvincethemonour revolutionaryanduniquetechnology.Ourfinancing partnersaredoctorsandentrepreneurs.They understandourbusinessinmedicaldevicesandthe challengeslinkedtoentrepreneurship.Theyarevery supportivesincethetimetheyjointhefounders 'team.
Whichwasthatpointthattriggeredthegrowthof thecompany?
Today,it'sclearlythe510(k)clearancethatwehave receivedinMarch2020thatgivesusthebest opportunitytogrowthourcompanyandbusiness.
AfterfewyearsexploringtheEUmarket,thenew EUregulationlimitingdrasticallytheintroduction andeventhemaintenanceforinnovativeproducts likeours,weputallourenergyandresourcesto entertheUSmarketanddeliverqualityproducts.
Whataretheproducts/servicesthecompany focuseson?Howareyourservicesdifferent fromthoseinthemarket?
OurtodayfocusistheUSlaunchofourdeviceVSTRUT©VertebralImplant.TheV-STRUT© proposesanuniquesolutiononthemarket,witha pedicleanchoragethatisgoingtosignificantly improvetheclinicalperformanceforvertebral fracturetreatment.Moreover,ourdeviceisvery simpletouseandreducestheper-operative complications.Finally,asalreadysaid,wehavea reasonablepricingpositioning,andaverygood margin,leadingtoawin-win-winsituation.Awin forthepatientwhowillreceivethebesttreatment fortheirpathology,awinforthepayerswithan affordablepricingandawinforHypreventionwith goodmargin.
OursecondfocusisourhistoricalproductYSTRUT®HipImplantindicatedtopreventhip fracture.WehaveinitiatedUS-FDA-510(k) processandarelookingforwardtoputtingitonthe market.
Howdoyoudecidetotakethecompanyastep furtherintermsofyourproducts/services?
Ourproductsaredevelopedaccordingtothe clinicalneedsandmarketneeds.Theclinicalneed isidentifiedbyreviewingthescientificliterature andbytalkingtosurgeonswhoareexpressingthe gapstobefilledbasedontheirdailyactivityatthe hospital.Then,wemakesurethattheseneeds correspondtoalargepopulation,asufficient market.
ThatiswhywehavestartedbydevelopingYSTRUT®HipImplanttopreventhipfracture.Hip fractureisaworldwidepublichealthissuewiththe growingandagingpopulation.Osteoporosis, leadingtohipfracture,isamajorburdenforthe society Then,wehavedevelopV-STRUT© VertebralImplanttoaddressanunmetclinicalneed inthefieldofvertebralfracture,meaningtreatwith longtermefficacythefracture(avoidrefracture) andpreventadjacentfracturesattheupperorlower levelofthevertebra,asobservedwiththeproducts onthemarket.
Whatarethekey achievementsofyour entrepreneurialjourney?
Asyousays,it'sajourney. Almost,everydayisan achievement.Myroleand myskillsbecomestronger andstronger.overthetime.
Thatismyrealachievement toservethecompanyIhave founded.
Isthereanynewadditiontothelistof products/services?Anythingexcitingyou wouldliketoshare?
OurtechniqueiscalledtheSTRUTPLASTY.It isthecombinationofapolymerimplantwith bonecement.ThePEEKpolymerweuse presentsmechanicalcharacteristicsclosetothe normalbone.TheSTRUTPLASTYaimsto reinforcethebonewithananatomicalsolution, avoidingextrastress.AfterY-STRUT®forhip andV-STRUT©forvertebras,thereareother bonelocationthatwillbenefitinthe STRUTPLASTYtechnique.
Whatdoyouthinkaretheresponsibilitiesof anentrepreneur?
Inthecaseofmedicaldevicecompanylike Hyprevention,thefirstresponsibilityofthe entrepreneuristhepatient,thecustomer.We developqualityproductswitharealclinical needtoservethepatients.Todoso,weneeda strongteam:shareholders,abletounderstand theneedofinvestmentsprior,anoperational teamengagedintheproductdevelopment,and apoolofsupportingandskilledsurgeonswho contributetotheproductsdevelopment.
Theresponsibilityoftheentrepreneuristofind therightpeopleandanystage,inordertobuild thebeststrategyandproceedwiththebest execution.
Canyoupleasebriefusaboutyour professionalexperience?
IamaMechanicalEngineer.Afterseveralyears indifferentindustries,IjoinedSTRYKER SpinewhereIdevelopedinnovativemedical devicesasGlobalProgramManagerduring10 years.Then,IbecameChiefOperational OfficeratVEXIM,aFrenchstart-up,during2 years.VEXIMwasacquiredrecentlyby STRYKERSpineformorethan$180M.After thistremendousexperience,Ifounded Hyprevention,10yearsago,todevelopthe fracturepreventionmarketinhip.
REASONS WHY NURSES ARE SO IMPORTANT IN H A THCA E 8
Nursesaresomeofthemost
compassionateprofessionals around.Theyaretrainedto recognizeandprovidecareforpatients, anticipatepatientneedsandprovide comforttoanyoneinneed.Theyoffer emotional,physical,educational,and socialsupportwhiledemonstrating greatskillandknowledgeregarding generalhealthmaintenance.
Theimportanceofthembringto healthcarecannotbeunderstated.From providingleadershiptoenhancing publichealthmeasuresandadvancing medicaltechnologies,thereisn’t anythingtheycan’tdo.
Thecurrentpandemichasmadeit abundantlyclearhowvitalnursesare toprovidingqualityhealthcareinthe US.Texas,forinstance,hasseena9% increaseinvacanciesfornursing positionssince2019alone.It’sno wonderwhyaccesstopropercareis becomingmoreandmoredifficultby theday,andweneedtheseskilled professionalsnowmorethanever.
So,let’stakealookatwhynurses aresoessentialinhealthcaretoday:
1.EducationasaCriticalFunction:
Theyareknowledgeableinvarious subjects,frombasicanatomyand physiologytocomplexdisease processes.Theycaneducatepatients regardingtheirdiagnosis,treatment options,andlifestylemodifications.
Butbeforetheycaneducateothers, Theyneedtobeeducatedthemselves. Nursingeducationisrigorousasit emphasizesdevelopingstrongclinical reasoningskillsandincludesan advancedphysicalassessmentsection.
Plus,nursesmuststaycurrentonthe latestresearchfindingstoeducatetheir patientsaccordingly Thistypeof knowledgeisinvaluabletoensuring optimalcareisgiven.
Supposeyou’reinterestedinbecoming anurseandgettingtheeducationyou need.Inthatcase,BSNonline programsinTexasarewidelyavailable tothoselookingtomakeadifference inthehealthcareindustry
2.
EducatingPatientsandFamilies:
Nursesarealsoresponsiblefor educatingtheirpatientsandfamilieson properlycaringforthemselvesat home.Nursesmustcompetentlyassess thehomesetting,ensurethatevery familymemberunderstandstheirrole inthepatient’scare,andmakeplans forfollow-upvisitstoensurethatthe patient’shealthismaintained.They alsoprovideeducationaboutdisease prevention,healthyhabits,andother topicstohelpkeeppatientsandtheir familieshealthy
Additionally,aspartoftheirroleas educators,Theymustbewillingto answeranyquestionsandexplain processesinawaythatiseasyforthe patientandfamilytounderstand.It helpsensurethateveryoneinvolvedis comfortablewiththecarebeing provided.
3.MonitoringPatientCondition:
Nursesareexpertsinmonitoringa patient’scondition,whichiswhythey areanintegralpartofanyhealthcare team.Theyregularlyassessapatient’s status,identifypotentialproblemsand taketheappropriatestepstoensurethat qualityofcareismaintained.
Inadditiontomonitoringthepatient’s condition,Theyalsokeeptrackof changesinthepatient’shealth.It includeschartingvitalsigns,recording foodandfluidintake,documenting mentalstatuschanges,andreporting abnormalfindings.Bydoingthis, nursescanprovideanaccuratepicture ofthepatient’soverallhealth,which canbeusedtodiagnoseandplan treatmentaccordingly
4.MedicationandTreatment:
Anotherimportantresponsibilitythat nurseshaveistoadminister medicationsandtreatments.Nurses mustbeknowledgeableaboutthe medicationstheyareadministeringand anysideeffectsorcomplicationsthat mayarise.Theymustalsobeableto identifyanyallergiesthepatientmay haveandconsultwithadoctorif needed.Additionally,Theymustbe abletoexplaintheimportanceof takingmedicationsasprescribedand provideeducationaboutpotentialside effects.
However,Theyalsoplayaroleinthe preventionofmedicationerrors.By double-checkingmedicationsand reviewingorders,nursesareableto reducethechancesofanyerrors occurring.
5.EmotionalSupport:
OneofthemostimportantrolesThey playisprovidingemotionalsupportto theirpatients,families,andother healthcareproviders.Nursesoften formstrongrelationshipswiththeir patientsandhelpthemunderstandthe treatmentoptionsavailabletothem.As aresult,nursesareoftentheoneswho canprovidecomfortandreassurance whenapatientisscaredoruncertain.
However,patientcareisn’ttheonly areawhereTheyprovideemotional support.Nursesmustalsobeableto providecomfortandunderstandingto otherhealthcareprofessionalswho maybefeelingoverwhelmedor stressed.Thiskindofemotional supportisinvaluableandnecessaryto ensurethebestqualitycarefor everyoneinvolved.
6.
ParticipatesinRehabilitation:
Ifapatientrequiresrehabilitation, nursesareofteninvolvedinthis process.Nursesareresponsiblefor
helpingpatientsunderstandtheir rehabilitationplanandmaintaining continuityofcarethroughoutthe process.Nursesmustbeableto provideeffectiveeducationregarding thepatient’sdiagnosis,rehabilitation goals,andexpectations.
Theymustalsobeabletosupportthe patientandtheirfamilybyproviding emotionalsupportandencouragement throughouttherehabilitationprocess. Finally,Theymustalsobeableto assessapatient’sprogressandmake necessarymodificationstothe rehabilitationplanasneeded.
7.CaseManagement:
Nursesarealsoresponsibleforcase management.Itincludesensuringthat patientsreceivethecareandservices theyneedtimely,coordinatingwith otherhealthcareprofessionals,and developingcareplans.
Casemanagersmustquicklyand accuratelyassesspatients’needsto providethebestcare.Theymustalso befamiliarwiththemostcurrent guidelinesandstandardsofcareto ensurethattheymeettheirpatients’ needs.
However,casemanagementisn’tjust aboutprovidingcaretothepatient;it’s alsoabouthelpingthemnavigatethe complexhealthcaresystem.Nursesare uniquelypositionedtohelppatients understandtheiroptionsandensure theyreceivethebestcarepossible.
8.RecordingMedicalInformation:
Finally,Theyareresponsiblefor accuratelyrecordingmedical information.Itincludesdocumenting patienthistory,medications, treatments,andanychangesinmental statusorphysicalcondition.
Accuratemedicalrecordsareessential forprovidingqualityandcontinuityof
care.Bykeepingaccuraterecords, nursescanquicklyidentifyandaddress anychangesinapatient’scondition.In addition,accuratemedicalrecordscan helptoprotectapatient’sprivacyand ensurethattheirmedicalinformationis notsharedwithouttheirknowledgeor consent.
Conclusion:
Nursesplayanessentialroleinthe healthcaresystem.Theyprovidevital patientcareandpromotehealthand wellness.Nursesalsoadvocatefor theirpatients,providingthem emotionalsupportandguidance. WithoutThem,thehealthcaresystem wouldnotbeabletofunctionproperly. Ifyouareconsideringacareerin nursing,knowthatyouwillbemaking adifferenceinthelivesofothersevery day