OSF HealthCare's OSF Innovation

Whether through its co-founded Chicago-based incubator MATTER or partners like provider-led Avia, Peoria, Ill.-based OSF HealthCare's OSF Innovation focuses on incubating and engineering clinical ideas. The innovation program has its own OSF Ventures unit, which invests primarily in companies' Series A and B funding rounds.

In 2018, OSF Innovation piloted its Epharmix program, which contacts chronically ill patients through text messages or phone calls with checkup reminders. Of the 200 patients in the pilot, about 70 percent enrolled in the program, and 78 percent of enrollees actively engaged with the platform.

In September, OSF Innovation Center's Brightwater Medical, a stent manufacturer, was acquired by Merit Medical. It was the first exit of a venture capital-funded project by OSF Innovation and a milestone for OSF Ventures.

Click here to return to the full list of Innovation Centers to Know in 2019.

Becker's is seeking great speakers for the 2020 health IT, innovation and revenue cycle management events. Email Sofie Lenzen at slenzen@beckershealthcare.com to learn more about speaking opportunities.

Join us for the Becker's Hospital Review 3rd Annual Health IT + Clinical Leadership + Pharmacy Conference, May 19-21, 2020 in Chicago. Topics include artificial intelligence, telehealth, data analytics, clinician burnout, population health, pharmaceutical care and more. Learn more and register here. For more information about exhibitor and sponsorship opportunities, contact Maggie Dunne at events@beckershealthcare.com.

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