From expanding its partnerships with more health systems, to investing in a plethora of healthcare startups, here are five healthcare moves from venture capital firm General Catalyst:
- General Catalyst launched a $670 million fund for healthcare just over a year after closing its first $600 million healthcare fund. The company said it plans to use the fund to expand its roster of investors, advisers and hospital system partners in healthcare.
- Marc Harrison, MD, left his role as president and CEO of Salt Lake City-based Intermountain Healthcare to run a healthcare platform business for General Catalyst.
- General Catalyst partnered with York, Pa.-based WellSpan Health on digital health and innovation. The organizations aim to improve the quality, value and equity of care through technology.
- General Catalyst led a $14.5 million funding round for CertifyOS, a startup that offers digital credentialing and licensing services to healthcare providers and payers.
- General Catalyst led a $65 million funding round for Redesign Health. Redesign Health's team, which consists of about 300 researchers, assembles, brands and launches healthcare startups. In addition to the funding, Hemant Taneja, General Catalyst CEO and managing director joined Redesign's board.