Fortunately for many of us, the domestic business opportunity for healthcare (which includes everything from hospital construction to drug development) is both expanding, and localized. In many cities across the country, trends are showing new products and innovation are combining with financial investment and entrepreneurs to create jobs and infrastructure development. And what is possibly most important is that the industry is not concentrated in one place. Healthcare facilities and innovation are distributed and dispersed in smaller, regional markets — which brings benefits on a localized or regionalized point of access. Whether in the northeast, south, midwest, southwest, or northwest areas of the United States, there are medical business innovations and growth.

Consider these developments:

  • Training programs on advanced manufacturing in areas like orthopedics is happening in Indiana and other states.
  • Digital innovation utilizing electronic health records and mobile applications is being developed and implemented in areas including California, Boston, Texas, Florida, and Illinois.
  • Life Science start-up business models are sprouting in Utah and Washington state.
  • Healthcare investment fund managers are looking for nationwide opportunities while working in North Carolina.
  • Cutting edge medical research is happening in areas such as Boston and Michigan.
  • Medical destinations for the world-wide population are being funded and built in destinations such as Minnesota.

It’s exciting to know that healthcare innovation and development may be located nearby – whether you live in Durham, Boston, or Palo Alto.

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– John D. Miller is the owner of Home Care Partners, LLC, a Massachusetts business providing private duty, in-home assistance, personalized and companion care services to those needing help in daily activities and household functions. He can be reached at: (781) 378-2164; email: jdmiller@homecarepartners.biz ; or online at: www.homecarepartnersma.com

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