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The health care debate while many are complaining about -- -- our next guest is prospering from it and he says now's the best time of any for health care on for north we're joined by doctor Brad Weinberg.
A partner in blueprint health.
Thanks for joining us you're young guy and you have an MD but he never been a practicing doctor and -- you certainly have been an investor in your group has put 20000 dollars apiece.
In just thirty separate little startup companies -- since -- -- twelve.
All in this health care sector.
And yet a lot of people say -- bill -- lost about the health care because of obamacare so why is now a good time.
Now as one of the greatest times to invest and health care companies I think we're gonna see as many millionaires that were created.
-- the -- and an Arab.
The FaceBook and Google mail millionaires and health care over the next five to ten years.
And people are putting that money to work we've seen a 50% increase in the investment in digital health care IT.
Over the past year -- over one point five billion dollars went into digital health care.
In 2012 alone in one case to break that in 2013.
How can individual investors get a -- -- -- they put money into a firm like yours have been goes out and plant seedlings and these health care companies.
There they can invest in individual.
Early stage companies.
If they're accredited investors.
And there's going to be a lot of new opportunities to invest in private companies which is what we do.
We invest in private companies very early stage but there's also great opportunities to do that in the public markets as well.
There's large companies that are really taking advantage of those.
Reducing health care costs and trying to take advantage of health care IT media -- of the world.
Where they can make those investments and and public companies as well okay let's talk about some of the little start -- you've been investing in.
-- one app called touch surgery which helps -- -- Train for procedure.
Yes this is an amazing application that was built by four surgeons themselves who are also developers.
Software developers -- and they've walk through the process of that a surgeon can see.
Every V media except that there that there -- they need to do and they're trained physicians or surgeons -- -- If they actually knew those steps -- -- really.
What's also cool is patients can use those as well so that they can see the surgery that they're surgeon is about to do on them before they go through it and if they want to see -- not.
Not sure -- -- -- know that haven't had five surgeries myself over the years.
Now how many of the things that you're looking at though are about making care better give me a better imaging machine that I can look inside a patient with vs how many -- are making bookkeeping better I have to abide by all these new regulations and so I need tools to do that.
The majority of what we do makes -- batter or provides physicians -- care providers with more time to actually take care of patients.
-- do that that means rally than doing the paperwork that everybody so frustrated -- it right so for instance.
One of the companies -- that we've invested an intelligent -- They hope.
Physicians know if they actually who washed their hand and hospitals one of the biggest killers and hospitals.
There's people right getting infections to sound the alarm or something if I -- wash my hands on the job you have a band that you're wearing the nurses the physicians have this -- That if you walk in you don't want your hand it it tells -- all right and what -- thanks very much -- -- and being with us said doctor Brad Weinberg and good luck happy -- thank you are.
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