Elizabeth Holmes is the founder of Theranos, a company that is dedicated to saving lives by inventing medical tests that are fast, convenient, and cheap. Theranos is definitely a potential disruptor to the medical testing industry as Kimberly Weisul reports (“The Longest Game” Inc. October 2015. pp. 48–51, 146, 147):

Theranos never charges more than half the rate set by Medicare for blood tests; in some cases, it’s a 10th of the cost. A test for HIV can cost more than $80. Theranos charges $16.56.” (p. 146)

Of course, some question the value of making hundreds of test available when the average consumer may not have the most complete comprehension on how to interpret the results. This kind of a response always bothers me. The implicit tone is that you or I cannot be trusted to do our homework. That is why I like Holmes’ response on this:

‘The idea that I as a human should not be free to access my own health information, especially using my own money . . . and rather should be legally prohibited from doing so, summarizes the root of the fundamental flaw we’re working to change in our health care system.’” (p. 147)

Making more tests available for those that want them while improving our healthcare system sounds like a good combination to me.

About James Meadows

Currently I serve as a training team manager for Johnson Controls at a customer-care center in Kansas City. Additionally, I am a business consultant, a freelance corporate writer, an Assembly of God ordained minister, a Civil Air Patrol chaplain, and a blogger. I believe we are living in the most fascinating times of human history. To maximize the opportunities these times present, I have a passionate interest in leadership development and organizational success, both of which I view as inextricably linked.

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