Healthcare: It’s the Data, Stupid

Fact: Today’s L.A. Times has a startling report: “A stunning number of people who work in healthcare settings lack paid sick time — as many as 75% of all home health aides, for example… Federal data indicate that as many as 29% of all workers in the ‘healthcare and social assistance’ job sector lack paid sick days. Healthcare employees who work while ill may end up hurting the people they are hired to help….”

Analysis: Mark Twain said the only two sure things in life were death and taxes.  So it’s no surprise that the two presidential campaigns are focusing on healthcare and the economy, since people are universally affected in personal ways.  Forget taxes for today, I’m interested in technology’s role in healthcare, which is growing, and there’s no more potentially game-changing facet of that than the role of data. 

Google Accelerates Hiring of Nobel Laureates

FACT:  Answering a question in this week’s Business Week about several recent high-profile departures of Google executives and engineers, CEO Eric Schmidt said: “What bothers me is that some people write: ‘So-and-so left the company.’ Well, they don’t also write that we hired 120 people that week, five of whom have Nobel prizes, three of whom have PhDs, and so on, who are beginning their career here now.”

ANALYSIS: There have only been some 700 Nobel Laureates awarded in the history of the program since 1901, according to the official Nobel site, and at least as of a 2001survey there were approximately 210 living Nobel prize-winners.

So, with some trepidation, I calculate that by Schmidt’s aggressive hiring of five Nobel laureates in a typical week, the entire roster of living prize-winners will be working for Google within a year.