MedCity News May 9, 2022
The Utah-based nonprofit health system will be able to tap into the venture capital firm’s network of tech-enabled companies that are aiming to realize the digital transformation of healthcare.
On Monday, General Catalyst, a venture capital firm, announced its third collaboration with a health system that leverages the former’s portfolio strength to foment healthcare’s overall transformation. In an interview before the announcement, the lead partner spearheading the effort, articulated a kind of moral vision that he felt companies like General Catalyst have in powering an industry overhaul that not only reduces costs for cash-strapped health systems and enables improved patient outcomes, but also addresses health equity concerns.
This time, the partnership is with Utah-based Intermountain Healthcare, which will be able...