Healthtech Fund

Over 8 million Americans go to the ER each year for chest pain, making it the second-largest cause of emergency visits. Though very few of these visits result in life-threatening situations, all patients must undergo lengthy observation and testing at a considerable expense to clinicians and hospitals. Beyond the waste of resources, testing low-risk patients can even lead to needless risks and unnecessary care costs with little value.

Between 2019 and 2020, approximately 21% of adults (over 50 million Americans) experienced a form of mental illness — and over half did not receive treatment. Similarly, 93.5% of adults with a substance use disorder did not receive treatment in the past year. Those statistics help explain why a majority of Americans believe that reducing healthcare costs and dealing with drug addiction are top priorities the nation should address.