From evolution to revolution: investors focus on benefits and health care

Nearly two decades of developments have placed greater financial responsibility on patients, whose share of medical expenses is growing at a far greater rate than those of payers or employers. In response, providers and employers are adapting to meet patient demands for improved access, transparency, digitalization and cost effectiveness. The resulting patient empowerment, or “consumerization,” of health care and benefits puts the industry at a crossroads in many areas of financial technology and with other mainstay financial institutions. As these trends continue, investors are seeing greater opportunities to support innovation and growth at leading health care finance and employee benefits-related companies.