Spectrum Health Medical Group
Spectrum Health Joins AVIA to Invest in Healthcare Innovation
CHICAGO–(BUSINESS WIRE) Aug. 1, 2017–AVIA announced today that Spectrum Health has joined AVIA, the nation’s leading network for health systems seeking to innovate and transform by unlocking the power of digital solutions.
Earlier this year, Spectrum Health formed a venture capital fund to invest $100 million in healthcare companies over the next ten years. The new fund, Spectrum Health Ventures LLC, will focus on finding, investing, and implementing digital solutions addressing prevention and wellness, care delivery transformation, consumer engagement, and genomics.
“At Spectrum Health, we strive to be at the forefront of healthcare, pushing ourselves toward innovation and cutting-edge technologies,” said Roger Jansen, Spectrum Health’s chief strategy officer. “By joining AVIA, we will collaborate with other leading health systems in the network to make smarter technology selections and investment decisions.”
AVIA connects more than 20 action-oriented health systems across the nation. Together, they seek to transform healthcare by identifying and implementing digital solutions that solve healthcare’s biggest strategic challenges. AVIA Innovator Network members gain efficiency through collaboration, leveraging the Network’s knowledge to arrive at confident decisions.
“Spectrum Health is a bold healthcare system that is leading the way for digital health and investment. They’re a perfect fit for the AVIA Innovator Network,” said Eric Langshur. “It’s becoming more common for health systems to have their own venture funds, and our network members have the advantage because they share data around pilots, successes, and lessons learned for scaling technology.”
With AVIA’s support, Spectrum Health will find promising digital solutions that offer investment opportunities and address pressing challenges for the health system. Through the expertise of AVIA’s growing staff of 60 associates, as well as the more than 20 health systems within the AVIA network, Spectrum Health will benefit from a nuanced, expert view of emerging technologies delivering outsized impact.
AVIA leads a network of health systems working together to innovate and transform. AVIA Innovator Network members solve pressing challenges with digital solutions that deliver financial and clinical results. AVIA provides strategic focus and a collaborative approach to accelerate innovation. Learn more at aviahealthinnovation.com. Follow us on LinkedIn and Twitter.
Director, Marketing Communications
Spectrum Health, a not-for-profit, integrated health system, is committed to improving the health and wellness of our communities. We live our mission every day with 31,000 compassionate professionals, 4,200 medical staff experts, 3,200 committed volunteers and a health plan serving 1 million members. Our talented physicians and caregivers are privileged to offer a full continuum of care and wellness services to our communities through 14 hospitals, including Helen DeVos Children’s Hospital, 230 ambulatory sites and telehealth offerings. We pursue health care solutions for today and tomorrow that diversify our offerings. Locally-governed and based in Grand Rapids, Michigan, our health system provided $483 million in community benefit in fiscal year 2018. Thanks to the generosity of our communities, we received $30 million in philanthropy in the most recent fiscal year to support research, academics, innovation and clinical care. Spectrum Health has been recognized as one of the nation’s 15 Top Health Systems by Truven Health Analytics®, part of IBM Watson HealthTM.