Whether counting calories, monitoring heart rates, or finding doctors, consumers are using mobile devices to take charge of their health in ways we never dreamed of just a few years ago. New technologies are also transforming clinical settings, with doctors and other healthcare professionals using mobile devices to track, manage, and deliver healthcare. Mobile health is definitely something you should know more about. The Westchester County Association will offer an up-close and in-depth look at the latest in mobile health news at its exciting, upcoming Health Tech ’14: Fueling Innovation in Westchester conference on May 8.
At the Westchester County Association’s upcoming conference, Health Tech ’14: Fueling Innovation in Westchester, you will have an unparalleled chance to hear nationally-renowned speakers, as well as leaders of Westchester’s fastest growing biotechnology, pharma, and R&D companies highlight exciting breakthroughs and opportunities. All will be revealed during the showcase panel discussion, “Re-imagining Healthcare: Fueling Innovation in Westchester and Beyond,” when speakers discuss the newest therapeutics, research, medical treatments, rehabilitation, and product development.
Here’s an important message to entrepreneurs frustrated by the lack of affordable lab and office space in Silicon Valley, Silicon Alley, and Williamsburg: Look north to the land of opportunity just across the New York City border: Westchester County. Westchester is cultivating a vibrant innovation economy fueled by global companies such as Regeneron Pharmaceuticals and IBM, a thriving network of small businesses, and a growing number of entrepreneurial ventures that call Westchester home. A medtech incubator, business accelerator network, and networking group for entrepreneurs are supporting the next generation of innovators, too. To call attention to all that Westchester has to offer entrepreneurial growth companies and health tech startups, the Westchester County Association and its economic development arm, The BLUEPRINT for Westchester, has organized HealthTech ’14: Fueling Innovation in Westchester, a groundbreaking two-day conference with content and a pitch contest for entrepreneurs and early-stage companies ready to take root in Westchester...
Many Westchester businesses are focused on the upcoming healthcare employer mandate—that is, beginning next year, large employers must offer affordable health insurance to full-time employees and their dependents or be subject to penalties. (This applies to employers with 50 or more full-time employees and will be phased in over two years, depending on employer size). What employers also need to focus on—though it won’t take effect until 2018—is the excise tax, also known as the “Cadillac Tax.” The tax applies to what the government considers “high-cost” employer health-benefit plans — for most workers, more than $10,200 annually for individuals and $27,500 for families. Employers will have to pay 40 cents of tax for every dollar of health-care costs that exceed those amounts.