<code id='F63450C98B'></code><style id='F63450C98B'></style>
    • <acronym id='F63450C98B'></acronym>
      <center id='F63450C98B'><center id='F63450C98B'><tfoot id='F63450C98B'></tfoot></center><abbr id='F63450C98B'><dir id='F63450C98B'><tfoot id='F63450C98B'></tfoot><noframes id='F63450C98B'>

    • <optgroup id='F63450C98B'><strike id='F63450C98B'><sup id='F63450C98B'></sup></strike><code id='F63450C98B'></code></optgroup>
        1. <b id='F63450C98B'><label id='F63450C98B'><select id='F63450C98B'><dt id='F63450C98B'><span id='F63450C98B'></span></dt></select></label></b><u id='F63450C98B'></u>
          <i id='F63450C98B'><strike id='F63450C98B'><tt id='F63450C98B'><pre id='F63450C98B'></pre></tt></strike></i>

          focus

          focus

          author:Wikipedia    Page View:4237
          Photo illustration of a checkbook wrapped with lock and chain – hospital and investment coverage from STAT
          Alex Hogan/STAT

          Hospitals once dove headfirst into venture capital with splashy headlines and attention-grabbing numbers. Now, in an era of flattened margins and exceedingly uncertain returns, many health systems are quietly pulling back.

          NewYork-Presbyterian’s venture firm, once managing roughly $40 million in assets, was essentially dissolved, two former employees said, with leaders punting it from the system’s strategy division to innovation, then from innovation to the investment office — a spokesperson described it as being “integrated” into the broader strategy. PitchBook data show no investments after 2020.

          advertisement

          Advocate Health Enterprises, meanwhile, the venture firm of a 67-hospital system based in Charlotte, N.C., has lost at least six employees within the past year, including its president, from a staff that once included about a dozen people.

          Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

          GET STARTED Log In

          explore

          Tori Bowie and the unacceptable rates of Black maternal death
          Tori Bowie and the unacceptable rates of Black maternal death

          AlastairGrant/APThehorrorstoriesofBlackwomendyingorcomingclosetodeathinchildbirthneverseemtostopcomi

          read more
          In boost for rare disease push, AstraZeneca to buy Amolyt Pharma
          In boost for rare disease push, AstraZeneca to buy Amolyt Pharma

          AlastairGrant/APLONDON— AstraZenecasaidThursdayitwouldpurchasetheFrenchfirmAmolytPharmainadealworthu

          read more
          Over 800 arrested across France in 3rd night of riots after fatal police shooting of teen
          Over 800 arrested across France in 3rd night of riots after fatal police shooting of teen

          1:19Ademonstratorrunsonthethirdnightofprotestssparkedbythefatalpoliceshootingofa17-year-olddriverint

          read more

          What STAT readers think about the FDA and patient advocacy

          MollyFergusonforSTATSTATnowpublishesselectedLetterstotheEditorreceivedinresponsetoFirstOpinionessays