
Welcome
to Health Venture Group, LLC
Health Venture Group, LLC is the leading firm focused on the emerging
Consumer Directed Health Care (CDHC) market. Our firm specializes
in investing and consulting to companies that are entering this market
to support consumer decision making related to heath care costs and
quality.
Consumers
represent the new force in healthcare. U.S healthcare spending
today is close to $2 trillion and averages $6300 per individual per
year. Healthcare spending is rapidly growing as a total of our
GDP, representing almost 16% in 2004 versus 7.2% in 1970. Clearly,
this is a trend that cannot continue. Many payers including the U.S.
Government, State and Local municipalities, employers and unions are focused
on controlling the spiraling costs of health care. One of the strategies
that these groups are encouraging is cost shifting an increasing burden of
health care expenditures to patients/consumers.
While this trend is early, it does represent a natural
evolution. Most, if not all, industries in the U.S. are market oriented.
That is, consumers are free to become educated, compare alternatives, negotiate and
make informed purchase decisions. The health care ecosystem that exist today does
not provide consumers with the tools or ability to interact with health care as
they do with other markets.
Health Venture Group, LLC ("HVG") believes that this situation
will change, that consumer involvement will grow and that costs will stabilized while
quality will increase in the healthcare world. The four(4) major areas of activity
/new business opportunity in this emerging market fall under the following categories:
- Payments
- Records
- Content
- Decision support tools