Theme: Eds and meds
Subject Article: "IBM Aims to Make Medical Expertise a Commodity: Big Blue thinks its Jeopardy! champion Watson can make money by offering health-care providers new expertise without hiring new staff."
Postscript: The economic geography of health care:
Across Greater Minnesota, nursing homes are in a bind, trying to keep nurses from being scooped up by better paying jobs, often at hospitals. That's especially true in southeast Minnesota where nursing home workers are often lured away by higher-paying jobs and working conditions at Mayo Clinic.
Hospitals that export services and conduct research can pay employees more. Such institutions are fishing in a global labor market for talent. Most health care providers are fishing in a local labor market for talent. Wages must be kept down, operating costs low. Few places, such as Rochester, Minnesota, can center an economy on eds and meds.