Written by James Jorgenson, RPh, MS, FASHP, Chief Executive Officer, Visante, Inc., Lynn Eschenbacher, PharmD, MBA, FASHP, Chief Pharmacy Officer, The Resource Group, Cedric Terrell, PharmD, MHA, Senior Vice President, Pharmacy Services, Novant Health
No question that healthcare today is experiencing challenges and a pace of change never before seen. Patient access and service demands, rising costs, decreasing reimbursement and quality/safety improvement demands are all converging to create a “perfect storm” for healthcare leaders. Healthcare leaders might be wise in taking a page from one of America’s most successful investors, Warren Buffet. Mr. Buffet believes in long term value investing because he understands the power of exponential growth. Companies with sustainable profits can pay and grow their dividends. He regards down markets as an opportunity to buy good companies at reasonable prices.
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