<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=418351661899748&amp;ev=PageView&amp;noscript=1">
bg-img3.jpg

Nonstop Wellness Blog

High-quality benefits for nonprofits.

Affordable Care Act: The Gazillion-Dollar Startup Machine - Inc.

state_of_liberty_blood_pressure.jpgPhoto: Getty Images

"Stashed away in the byzantine language of the Affordable Care Act are rules that have caused a big bang-size explosion in health care startups--led by founders who will reinvent the health care industry." -Jeff Bercovici recently commented on the opportunity the ACA presents to entrepreneurs, writing for Inc.

Read the full article on Inc.

The Affordable Care Act has opened the doors for start-ups to create innovative solutions to a variety of healthcare needs, especially around the current, less-than-desirable “fee for service” model, shifting toward payment based on patient outcomes. The ACA has the potential to transform the healthcare sector, which represents one sixth of the American economy - about $3 trillion.

"'Anytime you take a sector and apply a whole bunch of regulatory changes and economic incentives to it, it creates enormous opportunities for new entrants to come and take advantage,' says Bob Kocher, a venture capitalist at Venrock in Palo Alto, California. By his tally, the amount of funding going into technology-infused health care startups has more than doubled in the past five years, with $10 billion going into the formation of 500 new companies.”

The influx of startups into the healthcare arena and transition from fee-for-service to outcome-based payment turns creates a simple business proposition - improve health, don't just deliver more healthcare.

Is your organization trying to find a solution to rising healthcare costs
and increased regulation from the ACA? Download our
whitepaper now to read more about partial self-insurance:

Get Our Whitepaper!

Subscribe to Email Updates

Most Read Posts

The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources believed to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purpose