Sutter Unveils Bay Area Innovation Center as Nonprofit Leans Toward VC

Sutter Health unveiled plans this week to build a new innovation center in San Francisco that aims to serve as a bridge between the regional nonprofit system and technology and venture partners.

The center, which Sutter hopes to have up and running by early 2024, will be located in the Bay Area and have close ties to Silicon Valley, Healthcare Dive reports. Along with serving as an office for Sutter’s innovation team, the center will be a space to prototype and test new products, train clinicians and host strategic partners, the Sacramento-based system said in a statement.

Sutter’s priorities for the new center include research and development for solutions in chronic care management, figuring out ways to assume more risk in value-based arrangements and reducing fragmentation in the patient experience, Sutter CEO Warner Thomas said. Read more.

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