Obamacare & New Business Opportunities

The Economist has a post about new business models associated with health insurance reform:

Since “Obamacare” became law, at least four incubators have been founded to nurture health-care start-ups. One of these, Blueprint Health, recently received more than 300 applications for nine spots in its programme. Another, StartUp Health, says that 421 young companies have raised more than $3 billion since 2010. . . .

. . . . Smaller companies are coming up with ways to help bigger ones cope. Venture-capital firms see at least two promising areas: companies that serve consumers directly and those that help hospitals provide better, cheaper care. For some firms, Obamacare is a direct boon. For example, Getinsured.com, which helps people choose health insurance online, is also helping set up California’s insurance exchange. Since the election more states have asked about its services. Peter Hudson of iTriage, which lets a patient tap symptoms into a mobile app and search for doctors nearby, thinks Obamacare will add to his firm’s growth. By directing patients to general practitioners rather than pricey specialists, iTriage may cut costs for ACOs.

You can read the full story here.

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