Healthcare

The US spends $1.9 trillion in the healthcare industry annually or 16% of GDP compared with 5.2% of GDP in 1960. Healthcare spending has been growing rapidly and is expected to continue its trajectory as the baby boomer population continues to age, government changes to healthcare policy materialize, and technology/innovation continues to advance the delivery of medical care. The US hospital system provides close to 1 million beds that serve 37 million patients per year in over 5 thousand hospitals. Duane Street Capital is focused on investing in particular niches (see http://www.duanestreetcapital.com/) within the massive healthcare industry.