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Why Physical Exams Matter in Healthcare

Barbara Corcoran's secret to success / Online shopping poised for growth / AI: Innovating or reflecting reality?

The LOUNGE - A Newsletter for Savvy Physicians

We scour the net, selecting the most pertinent articles for the busy doc so you don’t have to! Here’s what kept our focus this week…

  • Sometimes, the most obvious diagnosis is not always the correct one, as a recent patient of mine discovered when a thorough physical exam revealed a surprising culprit behind his excruciating back pain.

  • What's the secret to success for entrepreneurs? According to 'Shark Tank' star Barbara Corcoran, it's all about embracing change.

  • The holiday shopping season is officially underway, and small businesses are scrambling to make the most of the limited time they have to shine.

  • Generative AI is not the revolutionary game-changer many claim it is, but rather a powerful tool that's limited by its reliance on the past.

  • Retirement can be your golden years—or a golden opportunity wasted.

  • As a solopreneur, you're not just a one-person show - you're a CEO, marketer, salesperson, and more, all rolled into one. But with the right workflows, you can shine!

LOUNGE TALK

As a pain management specialist, I have seen firsthand the importance of physical exams in accurate diagnosis and effective patient care. A recent patient's case highlights the critical role of physical exams in uncovering unexpected diagnoses. Despite the rise of modern imaging and laboratory tests, physical exams remain a vital tool in patient care. However, recent studies have shown a decline in physical exams among medical students and graduates, which can lead to diagnostic and treatment errors. This article argues that physical exams are more essential than ever and that medical professionals must commit to thorough physical examinations to improve patient outcomes and reduce medical errors.

Barbara Corcoran, a real estate pioneer and "Shark Tank" star, believes that entrepreneurs who are open to new things and willing to adapt to changing circumstances are more likely to succeed. In a recent episode of her web series "Behind the Biz with Barbara Corcoran," Corcoran discussed the importance of embracing change and how it can help businesses grow. She also emphasized the importance of being curious and testing new ideas, as well as focusing on the "little guy" instead of the larger, mainstream companies.

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The holiday shopping season is in full swing, and small businesses are facing a unique challenge: a shorter timeline to capitalize on the busy period. Despite the challenges, small businesses are finding ways to stay competitive and attract customers. From offering promotions and deals to creating unique experiences, small businesses are adapting to the changing landscape. According to the National Retail Federation, retail sales are expected to rise between 2.5 percent and 3.5 percent compared to the same period last year. Online shopping is also expected to grow, with Adobe Digital Insights predicting an 8.4 percent increase for the full season.

Artificial intelligence, particularly generative AI, is redefining how businesses operate and make decisions. However, while its capabilities in language processing and content generation are groundbreaking, it is not the all-seeing oracle some believe it to be. Generative AI works by analyzing existing data, making it exceptional at identifying patterns and trends but inherently limited in producing truly novel ideas or solutions. This reliance on historical information challenges the perception of AI as a creator of groundbreaking strategies. Despite its limitations, generative AI shines in synthesizing complex information, generating insights, and speeding up decision-making processes. Businesses must navigate its strengths and weaknesses carefully, leveraging its power while remaining mindful of its boundaries.

Retirement success isn’t a one-size-fits-all formula, but five key factors can set the foundation for fulfillment. Financial security tops the list, as a well-planned nest egg ensures freedom to live your desired lifestyle. Health and fitness are equally critical, empowering retirees to enjoy their time and experiences fully. Purposeful use of time, whether through hobbies, intellectual pursuits, or simple acts of daily meaning, provides structure and satisfaction. Close relationships with friends and family combat isolation and enrich life in retirement. Lastly, an open and curious mind enables personal growth, adaptability, and the discovery of new passions. Together, these factors create a roadmap to a vibrant and rewarding post-career life.

Running a business solo is no small feat—you’re the strategist, marketer, creator, and more. To succeed, solopreneurs must master key workflows, from setting clear goals to delivering exceptional customer experiences. Start by creating products or services that solve real problems and leverage effective marketing to connect with your audience authentically. Streamline operations with automation and simple tools to work smarter, not harder. Financial discipline and relationship-building are essential to growing your business and maintaining momentum. Finally, don’t neglect your well-being—self-care fuels long-term success. These workflows create a balanced approach that allows solopreneurs to build sustainable and rewarding businesses.

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"Success in medicine isn't just about saving lives—it's about creating solutions that transform healthcare. Be the change you want to see."

Dr. Arlen Meyers