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386 - FROM THE VAULT: Real Estate Investing

InvestED: The Rule #1 Investing Podcast

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Risk Management in a Hospital Environment of Hernia Surgery

In any given hospital, the risk of herning a surgery is something like 15 %. But there is a hospital in canada where all they do is hernea surgery and ther risk of problems developing from that surgery has been cut down to one to two%. The way they've disproven it is by being absolute experts in hernea surgery. They don't do any other kind of surgery,. over and over all day as though it's a factory of hernea surgeries. And so they have the same team around them every time, and they all understand each other's movements intimately - which makes it work.

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