Hot Mandate: Investment Arm of Hospital System Interested In Novel Applications in Digital Health

15 Mar

A investment arm of a non-profit hospital system manages a $15M fund and usually writes checks in the $1 million range. The firm will participate mostly in Series A and B rounds but is open to considering earlier stage, non-revenue generating companies with highly disruptive technologies. Currently, the firm is focused only on USA-based investment opportunities.

The firm is seeking digital health companies with technologies that can provide significant value to their hospital system. The firm is most interested in those that address their key organization priorities, which include (1) virtualization of care (i.e. telehealth), (2) operational efficiency, (3) patient and clinician experience of care. The organization is also interested in novel applications of technologies such as AI that may not impact healthcare in the short term, but may have disruptive potentials in the future. The organization is not interested in therapeutics, medical devices, or diagnostics companies.

The firm is looking to work with companies with experienced management teams. The firm does not act as a lead investor and only seeks to co-invest.

If you are interested in more information about this investor and other investors tracked by LSN, please email 4dmeetsai@lifesciencenation.com.

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