Northwell Health and Aegis Ventures, a New York-based startup, are forming a joint venture that will ideate, launch, and scale AI-driven companies to address healthcare’s quality, equity, and cost problems. The JV will assemble medical, technology, and business resources to create a first-of-its-kind company creation platform for healthcare innovation.
Aegis Ventures intends to invest at least $100 million of seed-stage funds through the platform to catalyze a significant multiple of that amount from the venture capital and investment community.
The JV will work with stakeholders across the Northwell system to create new patient care solutions through collaboration with frontline clinicians, working side-by-side from ideation to implementation, developing AI systems to predict, diagnose, and manage health conditions. Read more.
