News Releases

Speaker forecasts future of healthcare with mix of meteorology and economics
Release Date Friday, April 25, 2014

RAPID CITY, S.D. (April 25, 2014) – Medical economist Jeff Bauer, Ph.D., will speak at 3 p.m. Thursday, May 1, in the Mineral Industries building, room 222, at the South Dakota School of Mines & Technology. A former Mines student research assistant and now one of the country’s leading writers and speakers on the future of healthcare, Bauer has a doctorate in economics, but bases his insights into the evolution of the medical marketplace on his original training in meteorology, which came during a summer internship at Mines during the 1960s. The event is open to the public, and the media is invited to attend.

His presentation will cover key points in his latest book, “Upgrading Leadership's Crystal Ball: Five Reasons Why Forecasting Must Replace Predicting and How to Make the Strategic Change in Business and Public Policy,” and relate them to his work at Mines as a summer research assistant in the atmospheric sciences department in the 1960s. Following the seminar, Mines will host a book signing.

Bauer will also identify opportunities for meteorologists to apply their forecasting skills as strategists for business and government.

“One of the main reasons I wanted him to come speak is that his work represents such an interesting application of weather forecasting concepts. We often try to teach our atmospheric science students to think outside the box in ways they can apply their science and meteorology skills, and Dr. Bauer is a great example of one way of doing that,” said Adam French, Ph.D., assistant professor of the Department of Atmospheric & Environmental Sciences.

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About SDSM&T

Founded in 1885, the South Dakota School of Mines & Technology is a science and engineering research university located in Rapid City, S.D., offering bachelor’s, master’s and doctoral degrees. The university enrolls 2,640 students from 45 states and 37 countries, with a student-to-faculty ratio of 14:1. The average starting salary for graduates is $62,400 with a 98 percent placement rate. Find us online at www.sdsmt.edu, on Facebook at https://www.facebook.com/sdsmt and on Twitter at https://twitter.com/sdsmt.