Hospitals

2 09, 2020

UPMC grows innovation in the last 4 months

By |2020-09-02T12:31:20+00:00September 2nd, 2020|Hospitals, Pennsylvania, Proof of Concept (POC) Fund|0 Comments

Over the past four months, UPMC has continued to invest in technologies and innovations for healthcare delivery despite financial pressures related to the pandemic. On Aug. 26, the health system revealed more details about two key innovation initiatives in its second-quarter financial results. During the first half of 2020, the health system reported $59 million in operating income and [...]

21 11, 2019

AHA closes on $50M strategic venture fund

By |2019-11-21T08:58:25+00:00November 21st, 2019|Hospitals|0 Comments

The American Hospital Association announced Nov. 13 the final closing of the AHA Innovation Development Fund, which provides financial and technical support to innovative healthcare startups. The $50 million fund is sponsored and managed by Concord Health Partners. Beyond just financial return, the AHA Fund's goals include advancing promising healthcare technologies and solutions, creating venture opportunities for [...]

29 10, 2019

OSF Ventures invests $7.3M in healthcare data analytics startup

By |2019-10-29T10:33:49+00:00October 29th, 2019|Hospitals|0 Comments

Peoria, Ill.-based OSF HealthCare's venture arm participated in a $7.3 million funding round for Socially Determined, a startup using data analytics to identify patients in need of social services and other resources, OSF Ventures announced Oct. 28. Socially Determined's analytics and machine learning tools are fed commercial and government data and information from insurers and health systems. [...]

24 10, 2019

Partners pours $80M into investment funds for digital tech, AI, life sciences

By |2019-10-24T08:22:10+00:00October 24th, 2019|Hospitals|0 Comments

Partners HealthCare has created two new investment funds to support innovation in the realms of artificial intelligence, digital technology and pre-clinical life sciences, the Boston-based health system announced Oct. 21. The Artificial Intelligence and Digital Translation Fund boasts initial funding of $30 million over five years. It will be used to back Partners' active vendor [...]

16 10, 2019

Biomedical startups seek funding at Lundquist Institute’s 6th annual Innovation Showcase 

By |2019-10-16T13:38:14+00:00October 16th, 2019|California, Hospitals|0 Comments

A gene therapy that relieves pain; a device to diagnose ear infections in children; a virtual reality microscope that allows doctors to see 95% more of a cancer cell. These are just some of the state-of-the-art medical advances, currently under development, that were featured by 24 startup companies this week at the sixth annual Innovation Showcase, [...]

12 09, 2019

CT Children’s Hopital innovation center, fund aim to rear homegrown ideas 

By |2019-09-12T07:14:12+00:00September 12th, 2019|Connecticut, Hospitals, Venture Capital|0 Comments

When Connecticut Children’s Medical Center is wooing high-profile hires, candidates often ask about how the job will help them pursue cutting-edge medical research and innovations. “The people we want to attract here have this in their DNA,” said Dr. Christine Finck, surgeon-in-chief at the 187-bed hospital. “What are you going to do with my ideas?” [...]

19 08, 2019

Mercy, Baptist Health & more to partner with health tech startups in Arkansas accelerator program

By |2019-08-19T09:05:08+00:00August 19th, 2019|Arkansas, Hospitals|0 Comments

The HealthTech Arkansas accelerator program announced its new cohort of six early-stage healthcare companies chosen to launch pilot projects at nine area hospitals and health systems. Throughout the program, each selected startup will receive seed funding from investors such as the Arkansas Economic Development Commission, as well as access to and guidance from clinicians and administrators at [...]

15 08, 2019

OSF Hospital System Ventures Launches Second Venture Capital Fund

By |2019-08-15T09:14:28+00:00August 15th, 2019|Hospitals, Venture Fund|0 Comments

OSF Ventures, the corporate investment arm of OSF HealthCare, has launched a second venture capital fund of $75 million to continue its strategy of supporting new technology, devices and services that offer improved and more cost efficient health care. Three and a half years following its first investment, OSF Ventures has directly invested in 15 companies and [...]

29 05, 2019

UnityPoint, a midwestern hospital network, launches $100M venture fund 

By |2019-05-29T11:53:06+00:00May 29th, 2019|Corporate, Hospitals, Venture Fund|0 Comments

At the inaugural MedCity INVEST Pop Health conference in New Orleans on May 22, West Des Moines, Iowa-based UnityPoint Health announced that it has launched a $100 million venture fund. UnityPoint is a network of hospitals, clinics and home care services in Iowa, Illinois and Wisconsin. According to the UnityPoint Health Ventures website, the fund will make investments [...]

1 05, 2019

Mayo Clinic selects digital health startups for accelerator program 

By |2019-05-01T10:32:00+00:00May 1st, 2019|Accelerator/incubator, Hospitals|0 Comments

Minnesota-based health system Mayo Clinic selected six auspicious digital health startups for its MedTech Accelerator — a joint venture with Arizona State University for companies that raised at least$500,000 in seed funding rounds. Business Insider Intelligence The accelerator aids early stage medical device and healthcare tech startups raring to polish their products and bring them to commercial success. [...]