Health care startups attract $19.2 million
Health care startups in Kentucky attracted $19.2 million in capital in 2008, a sharp decline from the $32 million they attracted in 2007 and the $51.4 million attracted in 2006, according to a new report from BioEnterprise and the Mid-America Healthcare Investors Network.
``In September 2009, Business Roundtable issued a report on health care cost trends prepared by Hewitt Associates. Its central finding was that, if present trends continue, the cost to provide an employee with health care will rise from $10,000 to $28,000 over ten years. Cost increases of this magnitude imperil the competitiveness of our companies and the health care coverage of our employees; they must be addressed.