Strange7 comments on MetaMed: Evidence-Based Healthcare - LessWrong

83 Post author: Eliezer_Yudkowsky 05 March 2013 01:16PM

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Comment author: Strange7 10 March 2013 05:29:47AM 1 point [-]

At a guess: computer hardware, office space, recruiting competent people, training them to work together effectively, and a well-organized library of the company's previous reports so that not every request requires them to reinvent the wheel.

Comment author: Decius 10 March 2013 05:40:50AM 0 points [-]

Computer hardware and support adequate for the large-scale implementation is roughly 500k capital and 240K/yr; office space incl utilities should be in the realm of $500k/yr (again, for a large-scale operation) and one hundred competent people should be about $4m/year; with another $1m for management expenses. Total capital+first year's operating expenses is ~$6m; if they expect to sell a thousand reports per year (over one man-month each) at $5k each, they repay the investors almost in the first year.

I haven't tried to price the custom software involved, but for such a (in the large business sense) small investment I don't see why they didn't start full-scale.

Comment author: Larks 14 March 2013 07:53:21PM 1 point [-]

You're only budgetting $40k per person? That seems low, especially considering overhead, health insurance etc.

Comment author: Decius 14 March 2013 09:36:55PM 1 point [-]

I think it's a reasonable rate for part-time independent contractors putting out one tenth of a report in a month.