OSF Ventures — the investment arm of Peoria, Illinois-based OSF HealthCare — gained a new leader last week when Mayank Taneja took the helm. In the role, Taneja oversees $250 million in assets across three funds. The venture capital arm is currently focused on investing in solutions to take care outside the four walls of a hospital and increase workforce retention, he said.
OSF HealthCare has made 26 direct investments to date in addition to investing in three healthcare-focused venture funds. The latest venture fund is the largest at $100 million, putting total assets for its investment program at $250 million.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Level Ex has AR and VR games that let physicians diagnose virtual patients in an effort to improve their clinical decision-making skills.
The corporate investment arm of Peoria, Illinois-based OSF HealthCare is investing in the New Haven, Connecticut-based company's technology, which seeks to improve the patient experience.
Stan Lynall, director of venture investments for OSF said its priorities are healthcare IT, diagnostics and medical devices. With its $75 million fund, it plans to invest in four to six companies per year.