Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 344

New Strategic Fund to Invest in Health Innovation

Posted by fidest press agency su domenica, 17 novembre 2019

As the health care landscape rapidly evolves, the American Hospital Association (AHA) has been pursuing multiple ways to lead and promote innovation in the field. Today, the AHA is pleased to announce the final closing of the AHA Innovation Development Fund, LP, or “AHA Fund,” a $50 million venture capital fund formed to help hospitals and health systems continue to transform health care and deliver cutting-edge care.The AHA Fund is sponsored and managed by Concord Health Partners, LLC (Concord), a health care-focused investment firm, with the AHA as the anchor limited partner investor. The AHA Fund has made several investments to date in health care companies and will continue to invest in cutting-edge solutions.The goal of the AHA Fund is to invest in early-stage health care companies that provide products, services and solutions that help hospitals and health systems transform care delivery, spur innovation among members, connect hospitals and entrepreneurs, and drive results.James Olsen, Founder & Managing Partner of Concord, commented, “Concord is focused on identifying and supporting health care companies with solutions that address affordability, quality and access to care. The AHA Fund aligns interests and delivers strategic value to both health systems and portfolio companies. We are excited to be part of this collaborative effort with the AHA to advance and accelerate innovation in health care.”

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