St. Elizabeth Healthcare is launching an innovation center to spur internal innovation and propel the system to build, invest in, and/or partner with organizations transforming the healthcare industry, the Northern Kentucky Tribune reports.
The St. Elizabeth Healthcare Innovation Center includes a $30 million venture fund that will invest directly in emerging healthcare companies that focus on improving the lives of patients through faster, more accurate diagnoses, state-of-the-art treatment options and increased cost efficiency of care. All returns generated by the Fund will be reinvested to create more opportunities to bring advanced technology and innovation to St. Elizabeth patients.
St. Elizabeth will not only invest in emerging companies but will partner with them to bring their cutting-edge clinical treatments to patients, eliminating the need to travel for world-class care—yet another step toward its vision to lead the communities it serves to become the healthiest in the nation. Read more.
