ACA Fosters 'Fertile Time For Healthcare Investments'

Mary Mosquera | Government Health IT | April 18, 2013

The healthcare industry has been notoriously slow at identifying methods and tools it needs to reduce costs and improve quality noted a report by healthcare investment firm the Psilos Group, but health reform is producing promising opportunities for investors to fuel needed innovations.

The Patient Protection and Affordable Care Act has spurred “an incredibly fertile time for healthcare investing,” according to the report, “2013 Outlook on Healthcare Economics and Innovation,” released Wednesday. It is the healthcare investment firm’s fifth annual report. 

“The PPACA, catalyzed further by a stressed economy, is driving strong demand for innovation that will lead to a more cost-effective healthcare system,” said Al Waxman, co-founder and senior managing member of Psilos Group, in an emailed comment to Healthcare Finance News. “These drivers provide an excellent opportunity for healthcare investors to invest in innovative companies which have products that meet that demand.”