Drew Madden is someone who has had a great career in the information technology industry. During his career, he was able to work for numerous companies. While working for a medical company, he learned various aspects of the medical industry. He noticed that costs were increasing rapidly. Few people could afford the medical care that they needed.
As a result, Drew Madden decided to start a company in the medical industry. Although it was difficult for him to raise the capital he needed, he recently left his job in order to run his company.
One of the most difficult parts of starting a business is getting the capital required to implement various business ideas. Drew Madden did not have the cash to pay for all of his business expenses. He tried to get a business loan, but most banks were unwilling to lend him money at a reasonable interest rate.
He decided to pitch his business idea to several investors. He eventually received some working capital from a local investor. He exchanged a percentage of his company in exchange for the capital. In the coming years, Drew Madden wants to raise additional capital in order to fund various projects.
Changing Medical Care
There are numerous issues with the current medical system. Not only are costs increasing, but technology is not used appropriately. One of the best ways to use technology is to help prevent diseases before they actually begin. Preventing a disease is much less expensive than treating a disease. There are many people who are willing to pay for preventive health services.
Drew Madden’s company focuses on helping people live a healthy lifestyle. If people would eat a healthy diet and exercise regularly, they would have a much lower risk of developing a major illness. Medical costs are the leading cause of bankruptcy in the United States today. Spending time and money on health can actually save money over a long period of time. Working with Drew Madden is a great decision for anyone who wants to save money on medical costs.