Jefferson Well being on Monday introduced an innovation partnership with Basic Catalyst, below which the not-for-profit well being system will be capable to faucet right into a set of know-how firms to assist its digital transformation efforts.
Philadelphia-based Jefferson Well being can have entry to firms in Basic Catalyst’s well being assurance community, a bunch that includes healthcare know-how firms that the agency’s invested into. Well being assurance describes a transfer away from so-called “sick care” and towards a healthcare system that gives extra proactive and preventive affected person care.
Jefferson Well being will faucet into the community to implement and co-develop instruments that enhance affected person expertise, ease its transition to value-based care and diversify its revenues steams, amongst different aims.
The partnership builds on earlier collaborations between Dr. Stephen Klasko, Jefferson Well being’s CEO and president of Thomas Jefferson College, and Hemant Taneja, managing associate of Basic Catalyst. Final 12 months, Klasko and Taneja co-authored a e book on well being assurance and the necessity to transfer towards a system that prioritizes preventive care. Klasko introduced final week he’ll retire on the finish of the 12 months.
Basic Catalyst’s well being assurance community contains software program firms like Commure, Olive, Tendo and Transcarent.
The partnership is a part of Basic Catalyst’s effort to reimagine how a venture-capital agency operates, not solely funding firms, but additionally serving to to construct them.
Basic Catalyst was the highest digital well being investor in 2021’s third quarter, in keeping with knowledge from Mercom Capital Group, collaborating in 9 funding rounds. Outdoors of healthcare, Basic Catalyst has invested into firms like Airbnb, Grammarly, Kayak, Snap and Warby Parker, and was additionally an early investor in Livongo, which has since been acquired by Teladoc Well being.
