Steve Case, AOL Founder, Invests in Health and Wellness Industry
According to both online and print editions (3/31/05) of BusinessWeek, AOL founder (and Hawaii born), Steve Case, is investing up to $500 million of his estimated $825 million net worth in the health and wellness industry.
The article states Case became interested in the industry after his brother, Daniel Case III, died from brain cancer. Essentially Case experienced how complex and confusing the health care industry is from the experience he had in a hospital while taking his brother in for a weekly blood test.
Revolution is the name of the private holding company that will fund investments in health care, wellness, and resorts.
For more on Revolution, click here for the BusinessWeek article.
The health care system in every country needs some major changes and the WHO ought to play its role to improve the health management systems.
Posted by: Andrew Spark | February 05, 2006 at 08:38 PM