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An Oveview of the Nation’s Largest SEED Fund

Eligible small businesses may receive millions of non-dilutive dollars from NIH’s Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. Funding comes in tranches, from $300,000 - $4 million, based upon the stage of development and likelihood of the end product “moving the needle” in healthcare.

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Providers, Legal

Providence Ordered to Pay $200M for ‘Systemic Wage Violations’

More than 33,000 Providence employees filed a class-action complaint against the health system in 2021, alleging that it had been withholding their wages by denying them breaks and rounding down their working hours. Last week, Providence was ordered to pay more than $200 million in damages — a decision that “sends a message to healthcare corporations,” according to an attorney representing the workers.

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