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AHA, Others Back First Venture Fund to Invest in Black-Owned Health Care Firms
Jumpstart Health Investors announced Jumpstart Nova, a $55 million highly anticipated fund that will invest exclusively in Black-founded and -led health care companies across health information technology, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness sectors.
Atrium Health Pursues $1.5 Billion Innovation District
Atrium Health officials recently shared early details with Mecklenburg County Board about a planned $1.5 billion innovation district in uptown Charlotte, N.C. The nonprofit health system is seeking a public-private partnership for the 40-acre district that would be built near a planned Wake Forest School of Medicine campus due to begin construction in 2022.
AWS Taps 10 Health Care Startups for Inaugural Accelerator Program
Amazon Web Services has had relationships with thousands of health care startups. On Oct. 28, however, the culmination of AWS’ Healthcare Accelerator launch will give 10 recently selected startups an unprecedented experience.
Advocate Aurora Health Investment Arm Targets Holistic Care
Advocate Aurora Health recently launched a subsidiary, Advocate Aurora Enterprises, focused on investing in companies that improve the overall health and well-being of patients. The launch reflects its strategy to employ a “whole-person” care model extending beyond medical treatment.
Intermountain, Memorial Hermann, Trinity Take Stake in $300 Million Private Equity Fund
Intermountain Healthcare, Memorial Hermann and Trinity Health are just a few of the provider organizations and payers who have taken a stake in a Nashville private-equity firm The Heritage Group’s latest $300 million fund. About 70% of the $300 million already committed comes from health systems and insurers like Horizon Blue Cross Blue Shield of New Jersey.