Healthcare Finance News January 15, 2025
The health systems, Illumina, and Regeneron have invested $320M in what Truveta calls the largest and most diverse database for patient care.
Seventeen health systems have launched the Truveta Genome Project to create what Truveta is calling the largest and most diverse database of genotypic and phenotypic information ever assembled.
The health systems, with Illumina and Regeneron, have invested $320M in Truveta preferred equity at a valuation exceeding $1 billion, according to Truveta.
Health systems making the investment include Advocate Health, CommonSpirit Health, Henry Ford Health, Northwell Health, Providence and Trinity Health.
Regeneron has invested $119.5 million to enable the discovery and development of new therapies, as well as next-generation solutions for healthcare delivery and population health management....
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