Forbes April 2, 2024
Katie Jennings

With its $100 million fund, Aegis Ventures will help health systems across the country – from Northwell Health to Stanford Health Care – build startups from scratch.

For years, Michael Dowling has listened to outsiders claim that healthcare systems are far too slow to adopt new technologies, and he’s tired of hearing it. He thinks the critics are wrong. “We’re inundated with technology companies coming to us with products and with ideas,” Dowling, president and CEO of New York-based Northwell Health, told Forbes. “Many of them are not based upon the reality of how healthcare is actually delivered.”

That’s why Dowling has worked to promote more considered, more intentional innovation at the $15.6 billion non-profit health system (2022 operating revenue)...

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