A new opening act: Healthcare’s $38B impact on Nashville — 5 takeaways

In 2014, healthcare had a $38.8 billion impact on Nashville’s economy, according to CNBC.

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Here are five takeaways:

1. Nashville has many healthcare companies operating out of the city including Hospital Corporation of America and other new start-ups.

2. Nashville-based Jumpstart Foundry, a healthcare-focused investment platform, hosts a 14-week accelerator program for start-ups. The company has graduated 48 companies that have raised more than $31 million in funding in the last six years.

3. In 2014, InvisionHeart joined Jumpstart Foundry’s program and has created a compact FDA-approved ECG machine. InvisionHeart has raised $3 million in funding.

4. Many healthcare entrepreneurs are taking their businesses to Nashville because the city has low business cost that rank 5 percent below the national baseline among cities with populations of 1 million to 2 million residents.

5. The Nashville Entrepreneur Center, a nonprofit organization, has an accelerator program to aid potential start-ups in areas such as healthcare. In the past five years, Nashville EC has graduated more than 200 companies.

More healthcare news:
Surgery Partners’ IPO projected to reach up to $350M, HCA shares trade down 3.7% & more — 5 key notes on ASC companies
NJAASC to hold 5th annual conference
102M+ patients’ information compromised — 6 major payer data breaches

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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