06 Nov Milwaukee Business Journal: Froedtert Health launches $15M health-tech investment fund
Froedtert Health significantly accelerated its investments in digital health care startups launching a $15 million fund to acquire and implement new technologies for Froedtert & the Medical College of Wisconsin and other health care systems.
Wauwatosa-based Froedtert Health is running the fund through its subsidiary Inception Health LLC. Inception Health, which has its office in Menomonee Falls, was formed in 2015 as the hub of Froedtert Health’s partnerships and investments in innovative digital health services and technology.
Including the recent commitment of $15 million, Inception Health is on track to deploy $45 million worth of investments in startups since 2015. Froedtert Health’s board recently approved the $15 million fund from the health care system’s cash assets dedicated to investment, said Inception Health president Mike Anderes. The digital-health fund is considered an alternative investment vehicle, he said.
Read the full Milwaukee Business Journal article here.