Investment Focus Areas and Strategy

 

Our Fund Targets

  • Health Information Technology (and IT-enabled Services), such as: 
    • Health care eCommerce
    • Patient Experience and Engagement
    • On Demand Care/ Home Care
    • Solutions that Improve Clinician Experience
    • Care Coordination/Care Management
    • Chronic Disease Management
  • Medical Devices and Diagnostics

 

Investment Strategy

Providence Ventures targets early-to mid-stage investment opportunities, preferring to be one of the first institutional investors in a company. Over the life of an investment, we seek to deploy $8 to $15 million. Our best opportunities to add value are investments that align the interests of our portfolio companies and the innovation priorities of Providence Health & Services, through broad solution deployment and strategic insight. The innovation opportunities PHS targets as a large health system tend to reflect the priorities of the US health system overall. We welcome the opportunity to partner with established venture funds as co-investors, however, syndication is not a prerequisite for our participation.