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Understanding the Keys to Successful Innovation Investing
Earlier this month, Houston-based Memorial Hermann Health System and Iowa-based UnityPoint Health invested a combined $5 million in clinical data startup Carta Healthcare.
In November, Mass General Brigham and the CU Healthcare Innovation Fund participated in a Series B funding round for Carta Healthcare, which offers data abstraction and analytics and develops other solutions for health care providers.
The investment amounts and the companies involved aren’t particularly noteworthy. Much larger investments are made all the time in dozens if not hundreds of digital health care startups, even in the relatively cool market we see now, which is weighed down by a tepid economy and high interest rates.
Medigy Insights
Recently, Memorial Hermann Health System based in Houston and Unity Point Health based in Iowa collectively invested $5 million in Carta Healthcare, a clinical data startup. Previously, in November, Mass General Brigham and the CU Healthcare Innovation Fund also participated in a Series B funding round for Carta Healthcare. While the investment amounts and involved companies may not stand out, larger investments are regularly made in numerous digital healthcare startups, despite the current market's coolness due to a sluggish economy and high interest rates.
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