A huge surge of venture capital investment into health-care IT companies shows no sign of slowing as companies scramble to exploit potentially big money-making opportunities offered by Obamacare and inefficiencies in the nearly $3 trillion health system.
“Where entrepreneurs go, venture capital follows. Obamacare is the blueprint, it is the road map for entrepreneurs to take advantage of fundamental change and disruption in the health-care sector,” said Steve Kraus, who leads health-care investing activity at Bessemer Venture Partners.
Read the rest of this post on the original site »
This article originally appeared on Recode.net.
Will you support Vox’s explanatory journalism?
Most news outlets make their money through advertising or subscriptions. But when it comes to what we’re trying to do at Vox, there are a couple of big issues with relying on ads and subscriptions to keep the lights on:
First, advertising dollars go up and down with the economy. We often only know a few months out what our advertising revenue will be, which makes it hard to plan ahead.
Second, we’re not in the subscriptions business. Vox is here to help everyone understand the complex issues shaping the world — not just the people who can afford to pay for a subscription. We believe that’s an important part of building a more equal society. And we can’t do that if we have a paywall.
So even though advertising is still our biggest source of revenue, we also seek grants and reader support. (And no matter how our work is funded, we have strict guidelines on editorial independence.)
If you also believe that everyone deserves access to trusted high-quality information, will you make a gift to Vox today? Any amount helps.
Yes, I'll give $5/month
Yes, I'll give $5/month
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via
