OSF Ventures invests $7.3M in healthcare data analytics startup
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. […]
Partners pours $80M into investment funds for digital tech, AI, life sciences
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 […]
Biomedical startups seek funding at Lundquist Institute’s 6th annual Innovation Showcase
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, […]
CT Children’s Hopital innovation center, fund aim to rear homegrown ideas
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?” […]
Mercy, Baptist Health & more to partner with health tech startups in Arkansas accelerator program
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 […]
OSF Hospital System Ventures Launches Second Venture Capital Fund
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 […]
UnityPoint, a midwestern hospital network, launches $100M venture fund
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 […]
Mayo Clinic selects digital health startups for accelerator program
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. […]
Hartford HealthCare, Trinity, UConn to launch Hartford medtech accelerator
Hartford HealthCare, Trinity College and the UConn School of Business on Wednesday are expected to announce the launch a medical technology and digital health accelerator, which would join insurance and manufacturing startup programs that have launched in the Capital City in the past few years. The partners have chosen London-based Startupbootcamp to operate the new […]
New Mayo Clinic-ASU MedTech Accelerator opens applications
The Mayo Clinic-ASU MedTech Accelerator, a collaboration between Mayo Clinic and Arizona State University that is designed specifically for medical device and health care technology companies, is now accepting applications. The program, leveraging the resources and venture expertise of two innovative institutions, is designed for companies looking to take their business to the next level. Participants can expect to walk away […]