Fierce Health Payers April 30, 2021
CVS Health has unveiled a $100 million venture capital fund targeting early-stage health technology companies.
Called CVS Health Ventures, it will be on the lookout for digital health disrupters delivering accessibility, affordability and simplicity to health consumers, the company said in its announcement.
“Consumers deserve a better health experience, one that puts them at the center of cutting-edge, digitally enabled solutions,” Karen Lynch, president and CEO of CVS Health, said in a statement. “Forming CVS Health Ventures will build on our successful track record of scaling innovation and driving change in health care.”
CVS Health also wants these startups to be a fit with the organization’s larger strategy. Alongside the investment, the company plans to support new partners with strategic...
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