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"Investing In Health Care: Opportunities & Challenges"

"I'm of a view that great companies are founded in times like these." says Harry Rein, general partner of Foundation Medical Partners, speaking to a conference sponsored by the Connecticut Venture Group and the Connecticut chapter of the Association for Corporate Growth.

"The consolidation of practices and the disruption it causes will create opportunities for entrepreneurs," said Rein, whose company is a national health care venture capital investment firm specializing in early stage investments in the medical device, biopharmaceutical and predictive medicine technology sectors.

Speaker Michael Neuscheler, founder and chief executive officer of Ivyrehab, a chain of physical therapy facilities, said back-office support technology will be crucial to a health practitioner's ability to continue to provide services as workloads increase.

"Billing and collection software will advance. I see that as an emerging field," he said, adding that physician management services will be increasingly important.

If your systems work well enough to give a physician an extra hour in her work day (or the equivalent in revenue capture) you may just have that great idea that Rein was referring to. Time to start a business!


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