- UnitedHealth Group's (NYSE:UNH) Optum unit launches a $250M venture fund aimed at investing in startup and early-stage companies that have the potential to improve/advance the U.S. healthcare system.
- The fund will specifically target digital health firms that use data and insights to help improve consumer access to healthcare services, how care is delivered and paid for and make the healthcare system more reliable and easier to navigate.
- Initial investments include a developer of a cloud-based platform that reduces the time required to build and deploy analytic applications enabling healthcare professionals to deliver better care (Apervita) and a developer of an AI-powered digital health assistant that helps patients better understand their symptoms and provides advice on what to do and where to go to receive assistance (Buoy Health).
- Now read: Centric Health Corp. 2017 Q3 - Results - Earnings Call Slides
Original article