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Industry Focus

Healthcare: 3 Companies That Are Lowering The Cost of Care

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 25 September 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

Americans spend more than $3.5 trillion on healthcare each year. That amounts to $10,739 in per-person spending, which is almost twice as high as the average developed country. The ever-rising costs are creating enormous opportunities for any company that can help America to bring down its cost of care. Find out why how HealthEquity, Livongo Health, and Teladoc Health are doing just that, and how much employers and employees alike are saving from signing up for their services.

Stocks mentioned: HQY, LVGO, TDOC

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Transcript

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0:00.0

Thanks to LinkedIn for supporting industry focus.

0:03.0

LinkedIn jobs uses knowledge of both hard and soft skills to match you with the people who fit your role the best.

0:10.0

Post a job today at LinkedIn.com slash full and get $50 off your first job post.

0:17.0

Welcome to Industry Focus, a show that dives into a different sector of the stock market

0:24.7

every single day.

0:26.2

Today is Wednesday, September the 25th, and we're talking health care.

0:30.1

I'm your host Shannon Jones, and I am joined via Skype by Brian Feroldi.

0:36.1

He is our health and med tech specialist Brian so glad to be back on the show with you today.

0:41.6

Hey Shannon it is awesome to be back.

0:43.4

Yes how are things been since we last checked in?

0:46.4

Oh things are going great here we are back into the swing of school season.

0:50.6

I do have three children attending elementary

0:53.0

school now which is just fantastic and I am actually in the process of kicking off

0:58.6

a stock picking contest at my children's elementary school so I've been invited to go in and talk

1:06.6

to the kids about video game stocks streaming video companies clothing companies

1:12.1

and I'm allowing the kids to pick a couple of stocks

1:15.4

and I'm going to be tracking their results between now and the end of the year.

1:18.8

So doing my best to spread the foolish word here.

1:21.3

Oh, I love that, Brian. I love it so much I could almost

1:24.1

forgive you for wearing a Patriot sweater right now but in the honor of

1:29.4

foolish wisdom I think that is all great love that you are getting started so early with

1:35.7

kids and investing. You know I look back and wish I had those seeds planted

...

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