ACA was organized by Mr. Richard M. Small and Alfred S.
Callahan III, M.D. on September 10, 2003 to formulate a comprehensive vascular disease early detection preventative health screening. ACA's proprietary program
will impart knowledge to consumers regarding their risk
for vascular disease and empower them to take charge of
their vascular health to lessen their risk for having a
heart attack or stroke.
The ACA business model is based on the premise that the American health
care delivery system is in the early stages of a major
transformation in which much more attention will be
focused on the prevention of illness. Today, Americans
are more worried about their health because of the
enormous amount of information now available through the
media and Internet. Employers are underwriting
preventive screening procedures to reduce health care
costs and lost time as a result of employee illness.
Insurance companies are increasing their reimbursement
for preventive screenings. There is an indication that
Medicare may soon cover the cost of screenings beginning
at age 65.
The convergence of these "megatrends" has created a unique and significant
business opportunity for a consumer based, preventive
health screening process and product. ACA is bringing an
integrated, non-invasive, and inexpensive vascular exam
to the marketplace at a time when the marketplace is
looking for such a process.
Healthcare is the largest service industry in the United
States. The industry accounts for approximately $1.5
trillion in annual spending, or about one seventh of the
nation's gross domestic product (GDP). With a heart attack
every 30 seconds and a stroke every 45 seconds, the economic costs of caring
for patients afflicted by stroke or heart attack represents
a significant portion of total healthcare expenditures in
the United States. The fact that most strokes and heart
attacks are preventable and occur often in asymptomatic
patients has highlighted the importance of cost-effective
screening programs that can identify high-risk patients
before strokes or heart attacks occur.