Health systems join venture studio to co-develop startups

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Seventeen healthcare organizations are partnering with venture firm Abundant Venture Partners to support a new platform aimed at building companies that benefit healthcare providers.

The Abundant Platform accelerates the commercialization of companies through the Abundant Venture Studio, according to a May 15 news release. The healthcare partners will serve as co-developers, early adopters and aligned owners.

Healthcare organizations partnering through the Abundant Alliance include Newark, Del.-based ChristianaCare; Dayton, Ohio-based Kettering Health; Charleston, S.C.-based Medical University of South Carolina; Ann & Robert H. Lurie Children’s Hospital of Chicago; Columbia, Md.-based MedStar Health; and San Diego-based Sharp HealthCare.

Abundant said it plans to select up to 10 additional healthcare provider organizations to join the Alliance and is actively reviewing early-stage startups and entrepreneurs for platform evaluation.

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