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 St. Joseph Health (PSJH), through broad solution deployment and strategic insight. The innovation opportunities PSJH 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.