NewYork-Presbyterian has launched NYP Ventures, a venture arm focused on digital health companies.
NYP Ventures will identify strategic investments in the telehealth space, in an effort to shape the future of the healthcare industry; for example, the fund recently made its first investment in the telehealth solution provider Avizia. Moving forward, NewYork-Presbyterian will work with Avizia and other companies through NYP Ventures, to help them roll out digital and technological patient services.
At present, NYP Ventures is located in New York City. NewYork-Presbyterian has plans to open a second office in California's Silicon Valley this winter.