Subject: NNBA News! ~ Healthcare Spending ~ Benefits of LinkedIn ~ Advice for Overthinking

President's Corner
February 15, 2021
Dear Nurses,

In this past year, COVID-19 has resulted in dramatic changes to the healthcare marketplace. Patient care is now forever changed with the growth of virtual care. Deloitte came out with a report that states Healthcare Spending Will Reach $8.3 Trillion by 2040. Deloitte attributes the projected rise in spending to the anticipated increase in digital technologies including real-time biometric sensing, apps, wearables, and digital nudging. While this is a mind-numbing number, the upside of their projection is that 60% of healthcare spending will go to improving health and well-being! You can read more about Deloitte’s projections in our first article of interest below.

Are you taking advantage of the opportunities on the largest business-oriented networking website geared towards professionals? The 7 Benefits of Using LinkedIn outlines the benefits I have seen result in interviews, podcasts, work-opportunities, new introductions, relationship building, and publishing opportunities. Several of my associates have received executive roles through companies that reached out to them on LinkedIn. This article below is dated, but it remains relevant and clearly outlines the advantages of LinkedIn to grow your business and expand your network connections.

Do you find yourselves wasting hours in unproductive mental loops? Then do you beat yourself up for squandering time and energy deliberating, instead on taking action? How to Stop Overthinking Everything is a great read and has pertinent advice for when we find ourselves in analysis paralysis.

Here at the NNBA, we are working on migrating our website "hosts". We are on target to begin this website migration on Tuesday, February 16th at 2:30pm (PST) and have it completed by 4:00pm on Friday, February 19th. During this window, the NursesBusiness.com website may be off-line. Once the entire website is moved, it can take up to 72 hours to propagate throughout the world wide web. We apologize in advance for any inconvenience this may cause, but this is a necessary upgrade to keep the NNBA growing.

Mark your calendars for the flagship conference on nurse entrepreneurship coming this September 24-26, 2021! Stay connected with us to see NNBA members success stories, strategies and tips on the first of each month by subscribing to our newsletter here: And, be sure to check out the NNBA News advertisements below with special offers and savings for NNBA Nurses in Business members!

Unconventionally yours,

Michelle
© Michelle Podlesni 2021 All Rights Reserved. This newsletter may not be 
reproduced in any form, whole or in part without the author’s permission.
Are you a member of the NNBA Nurses in Business Community? If you want to create additional streams of income, have increased marketability and a competitive advantage in the business of healthcare you can click here to JOIN:
Articles of Interest
Deloitte: Healthcare Spending Will Hit 8.3 Trillion by 2040

Health Leaders Media
7 Benefits of Using LinkedIn

LinkedIn
How to Stop Overthinking Everything

Harvard Business Review
By 2040, 60% of healthcare spending will go to improving health and well-being, according to Deloitte.

Healthcare spending will reach $8.3 trillion by 2040, according to a Deloitte report released Monday morning.

While government projections for healthcare spending center around growth at 5.3% per year, Deloitte predicted a $3.5 trillion difference of freed up healthcare spending or a "well-being dividend" as the report stated.

Deloitte attributed the projected rise in healthcare spending to the anticipated increase in "digital technologies including real-time biometric sensing, apps, wearables, and digital nudging."

By 2040, 60% of healthcare spending will go to improving health and well-being, according to Deloitte, as activities related to health and well-being are expected to account for around two-thirds of spending.
Read More
LinkedIn is the largest business-oriented networking website geared specifically towards professionals. It has over 500 million members, in over 200 countries. A professionally written LinkedIn profile allows you to create an online professional brand which can help open doors to opportunities and networks that you may not have been aware of without the help of social media.

LinkedIn gives you the ability to showcase your profile, expertise, recommendations and connections, not only is your profile the first professional impression of you when recruiters and employers use LinkedIn to search for candidates but it also demonstrates credibility in your industry and highlights your achievements. Many people still underestimate the importance of LinkedIn in their job search and are sometimes reluctant to embrace social media. This article showcases 7 reasons why using LinkedIn can add value to your job search.
Read More
Deliberation is an admirable and essential leadership quality that undoubtedly produces better outcomes. But there comes a point in decision making where helpful contemplation turns into overthinking. To stop the cycle of thinking too much and drive towards better, faster decisions you can: put aside perfectionism, right-size the problem, leverage the underestimated power of intuition, limit the drain of decision fatigue, and construct creative constraints.

As a product lead at a major technology company, Terence’s job is to make decisions. How should the team prioritize features to develop? Who should be staffed on projects? When should products launch? Hundreds of choices drive the vision, strategy, and direction for each product Terence oversees.

While Terence loved his job, making so many decisions caused him a lot of stress. He would waste hours in unproductive mental loops —
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NNBA News - Volume 21; Number 2.5
Michelle DeLizio Podlesni - Editorial Director - mdp@nursesbusiness.com
Lou Podlesni - Digital Editions Director - support@nursesbusiness.com
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