GREY:CVHIF - Post by User
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Luminouson Jul 05, 2017 10:32am
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RE:Addiction treatment new gold rush
RE:Addiction treatment new gold rushIt's definietly only in its infant stage, like the internet late 90's:
"Investors are attracted because the business is so fragmented and ripe for modernization; in the world of health care, size matters, Coburn said. Addiction treatment has been dominated for decades by small mom-and-pop enterprises, which leaves tremendous room for consolidation and efficiencies. Unifying small centers into larger networks spreads administration costs over larger revenue bases, while more sophisticated operations can allow for investment in technology and data-mining that may better manage health and financial outcomes. And the stigma attached to substance abuse treatment is finally receding.
“There’s wider recognition that addiction is an illness,” Coburn said. “People are less embarrassed about asking for help compared to years ago. You could argue it’s almost chic.”