Inova Strategic Investments will invest in healthcare venture funds and directly into companies aligned with the system’s strategic priorities. The Inova Personalized Health Accelerator will provide education and capital to entrepreneurial companies, which will work with Inova to drive development of personalized health innovations.
“The healthcare industry is undergoing dramatic transformation, including advances and disruption in clinical practice and precision medicine, the increased availability of health data online and growing consumer engagement in personal wellness,” said Knox Singleton, CEO of Inova Health System. “These changes provide new opportunities and a real imperative for Inova to facilitate development and adoption of the next generation of innovations that will improve the way we deliver care.”
Both Inova Strategic Investments and the Inova Personalized Health Accelerator will be housed in the Inova Center for Personalized Health.
More articles on healthcare finance:
10 hospital bankruptcies in 2016
How productivity improvements could help healthcare lower prices
Texas hospital abruptly closes after failing to make payroll
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
