Delivering high-quality healthcare can be a challenge for many employers – with costs rising and the system becoming more and more complex. Addressing this issue at our portfolio companies is a key focus for Blackstone. We realized that, based on our scale, we had a unique opportunity to help identify solutions that reduce costs, while also improving the quality of healthcare for employees. So, in 2008, we founded Equity Healthcare to do just that.
We think of structuring a company’s healthcare as an opportunity to create savings and relieve administrative burden in a way that frees up a firm’s resources for investments in growth – all while creating a better healthcare experience for employees. For example, we’ve identified telemedicine and ‘concierge services’ as significant opportunities to manage unexpected costs and improve the quality of care for employees. Listen to Dr. Bob Galvin, the head of Blackstone’s Equity Healthcare, discuss those and other efforts in the latest episode of the Blackstone podcast.
The Blackstone Podcast is our channel dedicated to the insights, conversations and news from across the firm.
Neither this blog post, nor the podcast nor any of the information contained herein or therein constitutes an offer to sell, or a solicitation of an offer to buy, any security or instrument in or to participate in any trading strategy with any Blackstone fund or other investment vehicle.
Past performance is not indicative of future results and there is no assurance that any Blackstone fund will achieve its objectives or avoid significant losses. This blog post and the podcast may contain forward-looking statements; such statements are subject to various risks and uncertainties.
For information about Blackstone's business, including risks and financial information, please refer to our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. For additional information, see Blackstone’s public filings at ir.blackstone.com.