Gav-Med Solutions is a consulting firm in Jamaica that assist health professionals, such as Doctors, with product sourcing strategy as well as the starting and managing of Medical Laboratories. We are a group of medical laboratory professionals dedicated to making Jamaica a better place to start and manage medical laboratories at the most affordable costs. Gav-Med Solutions assist health professionals with product selection, sourcing and purchasing management.
Saturday, 9 July 2022
$1 USD Pharma Stocks
Investing in Pharmaceuticals
Investing is very risky. Hence, it is important to do thorough research of the companies that you are investing in. The share price of Berkshire Hathaway is currently the most expensive in the world due to the fact that this holding company is the brainchild of Warren Buffett who is the godfather of modern day investing. After looking at the assets owned by Berkshire Hathaway, it is evident that since the COVID-19 pandemic they have invested more in pharmaceuticals. Pharmaceutical companies such as Pfizer, Merck, Teva, Bristol-Myers-Squibb, and Abbvie Inc. are some examples of assets that are owned by Berkshire Hathaway.
It is without a doubt that a healthcare boom is coming as predicted by Michael Lee-Chin in a strategic initiative letter in 2021. More investors such as Warren Buffett are starting to research pharmaceutical companies to see which one will be the best to invest in. That pharmaceutical company will probably have the next great medical breakthrough in genetics. Medical Laboratories will be some of the largest publicly-listed companies in the future since DNA will replace software as the most popular product on planet Earth. On the Jamaica Stock Exchange there are pharmaceutical companies such as Fontana, Medical Disposables and Indies Pharma that you can invest in.Disclaimer: This information should not be taken as investment advice. Please contact your licensed investment advisor before making any investment decision.
Saturday, 25 June 2022
Medical Microinsurance
The exorbitant cost of healthcare has caused many to avoid the healthcare system completely because of affordability issues. Many persons are still unbanked and uninsured which results in those persons unable to access a medical loan or health insurance. This is a major drawback in the development of an effective healthcare system. Medical Laboratories charge exorbitant fees for blood tests that are not subsidized by the government or health insurance. This makes access to diagnostics and pharmaceuticals a luxury for a few. A solution to this is the access to medical microinsurance for the unbanked and uninsured. This can be simply in the form of a medical cost sharing program. These programs are sometimes called healthcare ministries in many christian organizations.
Sunday, 1 May 2022
Becoming an Inventor
Becoming an inventor does not require you to be super brilliant. Inventions are created using a three step formula. These steps include: Initiation, Imitation and Innovation. A simple and mathematical way to remember this formula is Invention = Initiation + Imitation + Innovation. The first step which is Initiation is to study the field that you want create an invention in. For example if you want to invent a diagnostic test then you have to study medical laboratory science and engineering. This means reading academic papers, research literature and books about the subject. This will help you with initiating your mind to think about how your invention will add value to society. The second step which is Imitation is to filter through all of the literature and find strategies that you can copy. After copying these strategies then you need to practice them daily until you are perfect. Through practicing you will automatically start to find new strategies that no one has ever tried before. Finding new and unique strategies through experimentation is what leads you to the Innovation step.
Friday, 15 April 2022
Datasets in Molecular Biology
Finding the needle in the haystack is what health data analytics is all about. Factors that can affect the needle found include poor data quality, poor data governance and poor data preparation. The use of data to create expert systems that operate similar or superior to physicians is the final innovation for healthcare. This innovation will intertwine the subject areas of artificial intelligence and genetic engineering. A dataset in molecular biology could predict whether a patient will have cancer in the future. There are several research and development initiatives aimed at creating what I call "ROBO-DOCTOR" which is an expert system for healthcare. This will incorporate the use of therapeutic and diagnostic data as well as a decision support system that can predict future health outcomes.
Saturday, 19 March 2022
Product Sourcing Strategy for DNA
Sunday, 13 March 2022
Open Source Educational LIMS
G-MOSS (Gav-Med Open Source Society) is the ultimate free and open-source healthcare group for open source laboratory information management systems. Its focus is on data and life as subject areas that everyone can learn for free online via open-source education. Data is viewed from the perspective of artificial intelligence and Life is viewed from the perspective of genetic engineering. We believe that path to a self-taught education is via the internet and is possible with the symbiosis of artificial and biological intelligence. Linus's law states that 'given enough eyeballs, all bugs are shallow'. This means that everyone should learn and participate in the development of artificial intelligence and genetic engineering.