Becker's Healthcare June 5, 2023
Many health systems are dipping their toes into venture capital, and Northwell Health is no exception. The New Hyde Park, N.Y.-based health system’s venture arm, Northwell Holdings, has been making serious moves and maintains a diverse portfolio of healthcare companies.
Recently, Northwell Holdings partnered with Aegis Ventures to launch Optain, an ocular health company using artificial intelligence.
To learn more about Northwell’s investment strategy, Becker’s reached out to Richard Mulry, the president and CEO of Northwell Holdings.
Question: How is Northwell Holdings factoring economic uncertainty into its investment strategy?
Richard Mulry: The macroeconomic environment certainly impacts a startup’s ability to raise or borrow, negotiate terms and how they manage their burn. When we review new investment opportunities, we have remained...