Healthcare…The Growth Area In The Economy?

I keep reading that the growth in employment in the US is coming in healthcare. Since I have heard that Aetna, Cigna, and BCBSMI have all let go 1,000+ people, that seems hard to believe. Combine that with multiple large healthcare companies that have said they won’t pay bonuses this year and the fact that pharma has let go about 30,000 people.

My take is that we are seeing a shift from large companies to smaller companies in the healthcare industry much like I could argue has happened in manufacturing and other services. This plays to the concept of the Starbuck’s Economy and driving to subsegments of the population.

I also think you are going to get all these people with big company experience that go on to become entrepreneurial (as long as capital frees up).

One Response to “Healthcare…The Growth Area In The Economy?”

  1. George Van Antwerp Reply February 18, 2009 at 1:52 pm

    Here is another article about employment challenges in the hospital industry.

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