FORT WAYNE, Ind. (WFFT) - A local investment company is working to make health care more affordable.
Ben Joseph works in his office at Mend Medical. He says he knows the sometimes extreme costs of health care first hand.
"I had a procedure done in the area about five years ago and it was an outpatient procedure. And for the service, the provider, the facility, it was about $40,000. So that's just one example."
That's why Joseph and the staff at Mend Medical are working to drive the costs of health care down.
Seth Nash says the first area they're looking to invest in is orthopedics.
"If you were to step back and just look at the cost of health care you might also arrive at orthopedics as a starting point because it's one of the top areas of spend and musculoskeletal injury, for example, is one of the top causes of missing work. So we're going to look in that space for companies that are providing really innovative ways to bring down the cost of care and improve outcomes for patients."
Nash says part of the problem is the amount of unnecessary care that's ordered as well as the amount of products that are wasted.
The company says they will look at companies across the country, but they're happy to start here in the summit city.
"So we're excited to do this in Fort Wayne. It's the intersection of talented people, great education system in the area, and there's a lot of need. People want better health care but at affordable prices. And so we think the time for that is right now and we think the opportunity is here."