John Noseworthy MD
Consortium chairman

STARTUP studio Aegis Ventures today announced Vanderbilt Health has joined Aegis's 11-system strategic Digital Consortium of health systems that have allied to build, invest in and deploy new technologies that improve medical care and outcomes.

In addition to Vanderbilt Health, the Consortium says it now includes UPMC Enterprises (UPMC's venture arm in Pittsburgh), Endeavor Health (Chicago area), Indiana University Health (Indianapolis), Memorial Hermann Health System (Houston), Northwell Health (New York), Novant Health (Charlotte), Ochsner Health (New Orleans), The Ohio State University Wexner Medical Center (Columbus), Sharp HealthCare (San Diego), and Stanford Health Care (Stanford).

A precursor alliance between New York's Aegis Ventures and Northwell Health produced four companies focused respectively on "patient engagement, AI-enabled diagnostics, workflow automation and empathetic AI," according to an Aegis Ventures press release issued today without naming any portfolio companies.

The Consortium is chaired by John Noseworthy MD, who is emeritus president-CEO of Mayo Clinic, based in Rochester, Minn.

Noseworthy was quoted in today's release, saying, "We launched the Digital Consortium on the founding premise that health systems should be in the driver's seat when it comes to innovation. By aligning incentives between innovators and health systems, we create sustainable technologies that are better for patients, providers, and administrators."

Aegis Ventures Co-founder and Managing Partner John Beadle said in an earlier Consortium release, "At a time of seismic change across the healthtech landscape, we are poised to expand this successful playbook on a larger scale, catalyzing innovation across the nation."

VNC research indicates Park Avenue-based Aegis Ventures, itself, was formed in 2020 as a venture studio or accelerator-incubator, with emphasis on Consumer-centric care delivery and Caregiver-supporting automation and AI.

Aegis Ventures, itself, has invested in at least seven companies spanning healthtech, AI, data, automation, blockchain and related segments, VNC research indicates. VNC

. last edited 0904 20 November 2024