The healthcare provider has formed a corporate venturing subsidiary called Spectrum Health Ventures and will invest up to $100m in the next 10 years.
US-based healthcare system Spectrum Health is set to commit up to $100m to a corporate venturing fund that will back healthcare startups, MiBiz has reported.
Spectrum Health Ventures will invest in early-stage companies looking to bring technology and services to the market that are capable of improving the cost and effectiveness of medical treatment, Spectrum chief strategy officer Roger Jansen said.
Five areas in particular are being considered: behavioural tools to improve health and well-being, personalised medicine and genomics, digital…