The AHA and Concord Health Partners today announced the launch of a $50 million venture capital fund to invest in early-stage health care companies that provide products, services and solutions that help hospitals and health systems transform care delivery, connect with entrepreneurs and spur innovation.
 
“All across the country, hospitals and health systems are innovating and transforming to meet the changing needs of their patients and their communities,” said AHA President and CEO Rick Pollack. “The AHA Fund will allow them to invest in the solutions that hospitals and health systems truly need. By finding the right business partners, the AHA Fund can help fund, guide and scale solutions offering the greatest transformational value for hospitals and health systems.”
 
The fund is sponsored and managed by Concord Health Partners, a health care-focused investment firm, with AHA as the anchor limited partner investor.
 
“Concord is focused on identifying and supporting health care companies with solutions that address affordability, quality and access to care,” said James Olsen, Concord founder and managing partner. “The AHA Fund aligns interests and delivers strategic value to both health systems and portfolio companies. We are excited to be part of this collaborative effort with the AHA to advance and accelerate innovation in health care.”

Related News Articles

Headline
The Substance Abuse and Mental Health Services Administration Friday awarded $13.3 million to expand treatment, early intervention and recovery support…
Headline
The Substance Abuse and Mental Health Services Administration yesterday awarded $250 million in grants to expand access to mental health and substance use…
Headline
The AHA’s American Society for Health Care Risk Management invites hospitals and others to show their appreciation for health care risk management…
Headline
In this AHA blog Priya Bathija, vice president of strategic initiatives, and Elisa Arespacochaga, vice president of clinical affairs and workforce, share…
Blog
The COVID-19 pandemic has forever altered the way hospitals and health systems care for patients. Much has been written and said about the pandemic’s…
Headline
Friday, June 11, marks the last day to apply for the Environmental Services Department of the Year. The national honor from AHA’s Association for the Health…