Aegis Ventures, a startup incubation studio, has received support from nine health systems for its innovative approach to healthcare. These health systems, including Northwell Health, Novant Health, Ochsner Health, and Stanford Health Care, have joined the venture company’s Digital Consortium to develop startups that address the most pressing quality, equity, and cost issues in healthcare.
The consortium is led by John Noseworthy, M.D., who was previously CEO of Mayo Clinic. The consortium will work with entrepreneurs and technologists to create a network of complementary companies designed specifically for health systems. Northwell Health and Aegis have already collaborated on building four companies over the past three years in areas such as patient engagement, women’s health, artificial intelligence-based diagnostics, workflow automation, and emotion analytics.
The new participants in the consortium were carefully selected based on a rigorous evaluation process and collectively represent over $65 billion in operating revenue and more than 300,000 employees. According to Aegis Ventures co-founder and managing partner John Beadle, the consortium is expected to expand further in the future as more health systems recognize the value of this collaborative approach to innovation in healthcare.