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    As a former Dean and appointed University Professor and Endowed Department Chair, Dr. David Edward Marcinko MBA was a NYSE broker and investment banker for a decade who was respected for his unique perspectives, balanced contrarian thinking and measured judgment to influence key decision makers in strategic education, health economics, finance, investing and public policy management.

    Dr. Marcinko is originally from Loyola University MD, Temple University in Philadelphia and the Milton S. Hershey Medical Center in PA; as well as Oglethorpe University and Emory University in Georgia, the Atlanta Hospital & Medical Center; Kellogg-Keller Graduate School of Business and Management in Chicago, and the Aachen City University Hospital, Koln-Germany. He became one of the most innovative global thought leaders in medical business entrepreneurship today by leveraging and adding value with strategies to grow revenues and EBITDA while reducing non-essential expenditures and improving dated operational in-efficiencies.

    Professor David Marcinko was a board certified surgical fellow, hospital medical staff President, public and population health advocate, and Chief Executive & Education Officer with more than 425 published papers; 5,150 op-ed pieces and over 135+ domestic / international presentations to his credit; including the top ten [10] biggest drug, DME and pharmaceutical companies and financial services firms in the nation. He is also a best-selling Amazon author with 30 published academic text books in four languages [National Institute of Health, Library of Congress and Library of Medicine].

    Dr. David E. Marcinko is past Editor-in-Chief of the prestigious “Journal of Health Care Finance”, and a former Certified Financial Planner® who was named “Health Economist of the Year” in 2010. He is a Federal and State court approved expert witness featured in hundreds of peer reviewed medical, business, economics trade journals and publications [AMA, ADA, APMA, AAOS, Physicians Practice, Investment Advisor, Physician’s Money Digest and MD News] etc.

    Later, Dr. Marcinko was a vital and recruited BOD  member of several innovative companies like Physicians Nexus, First Global Financial Advisors and the Physician Services Group Inc; as well as mentor and coach for Deloitte-Touche and other start-up firms in Silicon Valley, CA.

    As a state licensed life, P&C and health insurance agent; and dual SEC registered investment advisor and representative, Marcinko was Founding Dean of the fiduciary and niche focused CERTIFIED MEDICAL PLANNER® chartered professional designation education program; as well as Chief Editor of the three print format HEALTH DICTIONARY SERIES® and online Wiki Project.

    Dr. David E. Marcinko’s professional memberships included: ASHE, AHIMA, ACHE, ACME, ACPE, MGMA, FMMA, FPA and HIMSS. He was a MSFT Beta tester, Google Scholar, “H” Index favorite and one of LinkedIn’s “Top Cited Voices”.

    Marcinko is “ex-officio” and R&D Scholar-on-Sabbatical for iMBA, Inc. who was recently appointed to the MedBlob® [military encrypted medical data warehouse and health information exchange] Advisory Board.

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Offerings from Giant Food Stores

By Dr. David Edward Marcinko; MBA, CMP™

[Publisher-in-Chief]

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Recently, upon return to my home town of Baltimore, Maryland, I observed anecdotally that Giant Food stores was planning to give free generic antibiotics to customers with a prescription for the next three months.

My suspicions were confirmed by the Washington Post, on December 30, 2008, when it reported that the program, which lasts through March 21st 2009, covers several popular antibiotics such as amoxicillin, penicillin and ciprofloxacin. This is the first time that Giant has offered free prescription drugs and it did not estimate the cost or potential popularity of the program.

Assessment

As a kid, I worked as a retail grocery inventory specialist [RGIS]. It was then I learned of the minute profit margins in the business. And so, is the retail grocery competition heating up – and – is this what retail experts called an “aggressive move” in the supermarkets’ heated battle for shoppers? You decide.

Conclusion

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Tuition and Student Cost-of-Living Expenses

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[By Dr. David Edward Marcinko; MBA, CMP™]

According to the New York Times, December 19, 2008, almost one-quarter of U.S. medical students now graduate from medical school with $200,000 or more in debt. And, according to New England Journal of Medicine [NEJM], this is an expense that limits entry to the profession.

Median Costs

The median cost of attending a year of medical school, including all fees, is now $62,243 at private schools and $44,390 for state residents at public schools. Most of the $2.5 billion in financial assistance available to medical students comes in the form of non-subsidized loans, while few top schools have the resources to discount tuition for students from lower-income families. The steep costs may discourage low-income students from going to medical school, and sway graduates toward higher-earning specialties like radiology, surgery, invasive cardiology and gastroenterology; and away from lower-paying ones like primary care; well-know for sparse compensation and long hours [thinker versus doer].

Assessment

By way of comparison at Temple University in the late 1980’s, my annual tuition and lodging was in the $5,500 – $8,500 range. I was a bachelor without a vehicle, who shared a single room above an antique store on Pine Street, and worked part-time at Pennsylvania Hospital. I graduated debt-free. This frugality enabled me to take prime, but low paying internship, residency and fellowship programs which proved an excellent long-term decision.

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By Susan Scott 

Spectrum Health Medical Group (SHMG) is currently seeking a full-time Chief Medical Officer (CMO) to complete its leadership team. The CMO role will include: development and implementation of long-range strategic plans; directing medical staff policies; quality and safety oversight; implementing physician performance management systems; and leading recruitment decisions and processes, including on-boarding of new members.

Qualifications

Qualifications include board certification, 10 years of clinical experience and a Masters is preferred. Leadership experience in a large, complex health system required.

Spectrum Health is a not-for-profit health system in Grand Rapids, Michigan that offers a full continuum of care through its seven hospitals, with more than 140 service sites and Priority Health, a health plan with nearly 500,000 members. Spectrum Health’s 14,000 employees and 1,500 medical staff members are committed to delivering the highest quality of care to those in medical need.

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