0:16
And also an opportunity if you ever worked with me,
to leverage them as you need them.
So probably the most important hat is, I have three wonderful children,
two daughters and a son.
I'm Married to a physician, and I am privileged and
really humble to live on a nice lake in Minnesota.
It's only frozen half the year, but even frozen it's a pretty place to live.
And hat two is really my academic hat.
I'm a professor in the Finance Department at the Carlson School of Management.
My training is in Health Economics from Johns Hopkins University.
I've been tenured for nearly a decade.
I have an endowed chair, funded by different investment banks.
And in one of my roles at the university has been the director of
the Medical Industry Leadership Institute, which really gave rise to much of
the material for this course and how it's been developed.
The third hat is kind of a fun hat.
For the better part of almost 20 years,
I have been an entrepreneur as well as the managing principal for an LLC,
called Health Systems Innovation Network LLC, which it gets shortened to be HSI.
1:20
We don't have anybody that has a full time job with a W2,
we have a lot of folks that get contract 1099s,
which involve academics as well as experts really around the globe.
We do have some folks that are alumni now of us,
that actually operate as general managers for this.
And our work takes us all over the place.
It's really work that folks want to have done that has the quality of academic
work, but they want to control the distribution of the work.
And at a research university, particularly a public university like the University of
Minnesota, that's generally against the principles to have research be forwarded.
But to have corporate research be done is possible, and so
we know how to do that very well, and we do that with a conflict
management statement through that HSI network vehicle.
Forth hat, is my nonprofit hat, you get no money for this at all.
It's actually been a passion of mine to work with insurance data,
that really reveals so much about what goes on in the health economy.
And to make it available to many other researchers across, really now the globe,
and so I do that by being the chair of the Health Care Cost Institute.
I chair the board of that institution.
It's based in Washington DC.
We have basically gone up to about 50 FTEs because
of the scale of the data that we're working with.
It's the largest database of its size on the planet,
combined with some of the information that we have from now Medicare in our area.
And we're working with major universities across the globe, but
particularly in the US with Harvard, with Stanford, with Yale University, and
actually getting a lot of press for a lot of the work that we've been doing.
And it's only been in operation for three years, so it's been very exciting.
And then my last hat really, is my academic administration hat.
I'm the associate dean for MBA and
MS programs at the Carlson School of Management.
What I find exciting about that hat,
is that I've gotten a chance to take my entrepreneurial urges and
bring them to that space with developing new programs and opportunities,
such as an online MBA program for the Washington DC Congressional Hill Market.
To emphasize some of the great stuff we do in Minnesota in different industries.
Whether they be healthcare, financial services, technology, or energy.
And then some new areas, actually doing directly work in those industries for
specialized master's treatments.
So sounds like a lot of work.
Do I really ever get away?
Answer is yes, and so I love to do stuff on the water.
It's nice to live on Lake Minnetonka, but as I mentioned, it freezes.
And so, in the time when it doesn't freeze, you may find me,
or at least have me be finding onto an email every once in a while.
On a boat that I keep down in the Caribbean, a used sailboat.
It's not that awesome, but
it is pretty wonderful to wake up in the morning when I'm watching a sunrise
like this, like I just did basically in the middle of winter.
And go to the next island and
just take some reflection on just the gifts life gives you.
The other place that's a little more interesting,
because it turns out my wife doesn't really like heat, is also on the water.
Little bit more of a stretch goal,
but this is actually Scotland, in the highlands, on the ocean.
And it's a little tiny cottage, and
essentially it's just one room, but I'll tell you though, you walk in the door and
you've pretty much lost yourself there.
And you could only be there for three hours and
you feel like you've been away for three weeks.
And I encourage anybody to go, take half a life and
try to find some place like that and be happy.
And we were very fortunate to find such an animal.
Plus, we have WiFi.
So that's how I kind of live my life from time to time.
It's a odd combination, basically coffee glues the ADHD down, but
sometimes great synergies occur from it, sometimes it's just complete frustration,
but it's a life and we try to make it well lived.
And I hope to help you out in any endeavors you folks want to have as your
careers, events through your lifetimes.
[MUSIC]