West Des Moines, Iowa-based UnityPoint Health recently announced the launch of a $100 million venture fund as part of the health system's mission to drive innovation in healthcare.
The UnityPoint Health Ventures Innovation Fund will invest in early-stage growth companies in the digital health, medical devices, therapeutic spaces and healthcare services sectors. The fund will also connect entrepreneurs from those companies with its own clinical and operational leaders to demo solutions that can lower costs, improve quality of care and aid in UnityPoint's population health initiatives.
"By establishing this fund, we can leverage our experience, institutional expertise and solid investment track record to dramatically accelerate the growth for our portfolio companies and boost our own access to advanced health care solutions," Matthew Warrens, the fund's managing director of innovations, said in a statement.
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