HealthLeaders Media November 26, 2019
An insider shares insights about what makes this venture capital company—solely devoted to making investments for Intermountain Healthcare—tick.
KEY TAKEAWAYS
Healthcare organizations and venture funds have different tolerance for risk, but failure is part of the process.
In this type of investment structure, decisions that impact patient care trump financial returns.
If a clinical champion can’t be enlisted, don’t do a deal. Consider compensating physicians for their involvement.
This type of company has a longer-term strategy and mission than a typical venture capital firm.
Years after Intermountain Healthcare began funding outside ventures to spur innovation at the Salt Lake City-based health system, the approach took its own innovative turn. The organization created a separate company to manage its venture investments.
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