Wellco Exec Presents Health Cost Innovations at Michigan’s Largest Entrepreneurial Conference

Royal Oak, MI, November 03, 2010 --(PR.com)-- Health care costs are expected to rise by nearly double digits again in 2011 and projected to double within the next 10 years. TiE (The Global Network of Entrepreneurs) emphasizes that technology and innovation can help reduce health costs without diminishing availability or quality of care.

TiE recently provided those innovations to participants of Michigan's Largest Conference on entrepreneurship. “TiECon Midwest 2010,” at the Henry in Dearborn, Michigan.

Scott Foster, Wellco’s President was a featured speaker of the program, "Impact of Innovation in Technology in Reducing Health Care Costs.” The program also included Doug Schneider, Executive Vice President, Thomson Reuters and Tom Murphy, Director of Software Development, Diplomat Specialty Pharmacy.

“Achieving long-term health cost effectiveness sounds complicated, but it doesn’t have to be,” said Scott Foster, President of Wellco. “I am pleased to be able to contribute actionable ROI strategies to an organization as prestigious and influential as TiE.”

Wellco works with organizations who want to measurably improve health costs and conditions. Wellco specializes in health ROI systems, health risk appraisals, corporate wellness programs, speaking, and consulting. Wellco, the developer of the award-winning HealthHammer (TM), the first and only Zero Trend Appraisal (R) system to help companies accurately benchmark and fully achieve flat health costs over time. Foster is a 2010 winner of Corp! Magazine's Entrepreneurs of Distinction. For more information visit www.wellcocorp.com or call 248.549.4247.

TiE (The Global Network of Entrepreneurs) is a global, nonprofit organization dedicated to fostering entrepreneurs internationally and is sponsored by top Venture Capital Firms, and Fortune 500 corporations; extending across 12 countries with 53 chapters, 1,800 experienced entrepreneurs and business executives as charter members, 12,000 aspiring entrepreneurs and professionals as members. TiE has grown to become the world’s largest nonprofit organization for entrepreneurs. Learn more about the TiE Detroit chapter at www.detroit.tie.org.

Wellco Corporation
Laura Robinson