Healthcare is this nation's largest industry, with total expenditures exceeding $2.0 trillion. Fueled by an aging population, the U.S. healthcare industry is expected to continue to outpace GDP growth for the foreseeable future. In fact, the aged are the fastest growing demographic group in the U.S., leading the U.S. healthcare system to desperately look for solutions to stem the tide of rising healthcare costs. After spending nearly a decade squeezing costs and inefficiencies from the  healthcare system, managed care has clearly demonstrated that this alone cannot provide the long-term panacea many had believed it would.
Looking forward, true gains in controlling escalating healthcare expenditures will have to come from cost-effective solutions provided by major innovations in medical technology, the genomics and proteomics revolution, medical informatics, and healthcare services. These, along with a new focus on the power of preventative medicine, appear to be the forces that will have the best chance to reduce the growth rate of healthcare expenditures in the U.S.
HCCA understands the healthcare industry and this vibrant marketplace. At the same time, we are also aware of the many potential pitfalls a prospective product or service faces before it can become successful in the marketplace. A great idea does not automatically guarantee a successful business. In fact, many healthcare entrepreneurs fail precisely because they possessed exceptional technological skills, but poor business acumen.
HCCA was formed to assist individuals and organizations in bringing their technologies and ideas to market with a carefully planned and conservative approach to business formation, capital development, and full-scale implementation. Because we fully understand the medical, financial and business aspects of this process, we are uniquely suited to help ensure success.
© 2007 HealthCare Capital Advisors
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