What You Should Know: - Virtual maternity care platform Babyscripts announced a
new round of investments from Banner Health, CU Healthcare Innovation Fund, The
Froedtert & Medical College of Wisconsin Health Network, and WellSpan
Health - Using internet-connected devices for remote monitoring,
Babyscripts offers risk-specific experiences to allow providers to manage up to
90% of pregnancies virtually, allowing doctors to detect risk more quickly and
automate elements of
Read More
Israeli Digital Health VC Firm OTV Closes $170M Venture Fund
What You Should Know: - OTV (formerly Olive Tree
Ventures), Israel’s ‘digital health first’ venture capital firm closes $170
million venture fund to support innovative digital health companies worldwide. - OTV also announced today a new China
office and the appointment of Jose Antonio Urrutia Rivas as Head of Asia
Pacific. OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm, today announced the closing of a fund with a total value of
Read More
Tampa General to Launch Healthcare Innovation Venture Fund in Q1 2021
What You Should Know: - Tampa General Hospital announces its plan to launch a new
healthcare innovation venture fund to improve the quality and access to care
across the Tampa/St. Pete metro area in Q1 2021. - Through TGH InnoVentures, Tampa General will partner
with Embarc Collective, Tampa Bay's innovation hub and education nonprofit
dedicated to helping startups grow into scalable, thriving businesses. Today, Tampa General Hospital
President and Chief Executive Officer John
Read More
Lafayette General Health Signs Intent to Merge with Ochsner Health System: 7 Things to Know
- The Board of Trustees of Lafayette General Health and Ochsner Health System have signed a letter of intent for Lafayette General to merge with Ochsner Health System. - Ochsner will invest $365 million in capital and resources in Acadiana over the next 10 years. - A 10-year, $10 million Community Support Fund overseen by the Lafayette General Board will be created to advance health and wellness in Acadiana. - $1 million will be invested in the Healthcare Innovation Fund at the
Read More
OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies
OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
Read More
UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups
UnityPoint Health, a West Des Moines, IA-based network of hospitals, clinics, and home care services in Iowa, Illinois, and Wisconsin has announced the launch of its $100M venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans this week. The UnityPoint Health Ventures Innovation Fund will manage and direct the health system’s financial and strategic investment opportunities in early-stage growth companies in four key sectors: digital health, medical devices,
Read More
AllyAlign Health Raises $10M to Power Value-Based Care for Seniors
AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
Read More
Hackensack Meridian Health Expands $25M Healthcare Innovation Program to all Network Hospitals
Hackensack Meridian Health, New Jersey’s largest and most integrated health network is expanding their healthcare innovation program, Bear’s Den, to all hospitals to encourage the network’s 34,000 team members to bring forth their best ideas to transform care delivery and enhance patient satisfaction. Bear's Den Overview Launched in 2017, Bear’s Den features a panel of experts, including CEO Robert C. Garrett, leading physicians, key network executives, venture capitalists,
Read More
Providence Ventures Closes $150M Fund to Foster Healthcare Innovation
Providence Ventures, the Venture capital arm of Providence St. Joseph Health (PSJH) has announced a second $150 million healthcare venture capital and growth equity fund. Founded in 2014, Providence Ventures manages $300 million in venture capital funds on behalf of Providence St. Joseph Health (PSJH), the nation's third-largest health system. Providence Ventures Second Health Fund Focus AreasProvidence Venture's investment strategy is focused on identifying the best opportunities that align
Read More
LSU Health New Orleans Joins Vantedge Ventures to Support Physician-Led Innovation
LSU Health New Orleans announced that it has joined Vantedge Venture's Innovation Alliance (VIA), a collective of health systems seeking to innovate and create physician-led innovation developed by their network of clinicians and physicians. The Alliance will help LSU Health New Orleans Office of Technology Management vet and validate the commercial viability of inventions of LSU Health New Orleans clinical physician-scientists. As part of the alliance, Vantedge Ventures Fund will work with
Read More
