Becker's Healthcare November 14, 2019
The engine of the U.S. healthcare system is fueled by an abundance of private and public capital and is helmed by some of the most skilled and driven members of the American workforce.
Healthcare accounts for more than 17 percent of the nation’s gross domestic product and employs more people than any other industry in the nation. Venture capital alone invested more than $23 billion in healthcare in 2018, and nearly 9,000 biotech firms are working on treatments for some of the most pernicious health conditions humans face. However, despite massive investment and the efforts of a talented workforce, many of the nation’s hospitals and health systems operate on razor-thin operating margins and face the dual challenge of achieving fiscal...