Nirvana Healthcare Ventures, a venture capital fund with $60 million in its fund to invest in healthcare innovation across the Midwest, has named former Cleveland Clinic CEO Toby Cosgrove, MD, as an advisor.
Dr. Cosgrove served as president and CEO of the Cleveland Clinic from 2004 to 2017 and is still an advisor to the health system. Prior to his career as an executive, Dr. Cosgrove was a cardiac surgeon.
Nirvana Healthcare is focusing on investments in early-stage Midwestern-based healthcare companies.
"Not only is Toby one of the world's most successful and celebrated healthcare executives, he is also a proven healthcare innovator with front-line experience helping patients," NHCV Board Chair Marc Byrnes said in the release. "His invaluable insights and decades of experience will help to round out a powerhouse team of talented physicians, innovators, investors and business leaders."