Healthcare
Healthcare
SK Capital Partners has prior experience as operators of healthcare companies and service providers to the industry. Its network of operators and physicians provides it with an insider view into this growing industry. The global medical industry is a rapidly growing industry, accounting for over 10% of the gross domestic product of most developed nations. It constitutes broad services offered by various hospitals, physicians, nursing homes, diagnostic laboratories, pharmaceuticals, chemicals, medical equipment, manufacturers and suppliers.
The healthcare industry in the US produces annual health spending of about $2 trillion. Goods and services are provided by manufacturers of drugs, medical devices, and other supplies, with combined annual revenue of $300 billion, and by care providers with combined annual revenue of $1.5 trillion. Much of the cost is funded by private health insurers with annual spending of $700 billion, and government health insurance programs like Medicare and Medicaid, with combined annual payments of $1 trillion.
The healthcare industry is highly fragmented, comprised of various ancillary sectors such as medical equipment and supplies, pharmaceutical, healthcare services, and biotechnology sectors. The Principals of SK Capital Partners have made a number of successful investments in these various sectors and have a network of physicians, and industry insiders and operators to source future investments and help assure their successful growth and operation.
