Northwestern Medicine Innovation

Overview

Northwestern Medicine Innovation is the corporate venture capital arm of Northwestern Medicine, dedicated to advancing healthcare through strategic investments and partnerships. The institute's mission is to rapidly identify, evaluate, and implement innovative solutions that address challenges faced by patients and care teams, aiming to optimize future care delivery. This involves exploring the latest in innovative technology, building strong partnerships, and executing plans to achieve their goals. The institute also pursues potential investment opportunities to support its mission. The Mansueto Innovation Institute, a key component of Northwestern Medicine Innovation, connects innovators and collaborators to an extensive network of leaders with expertise in medicine, innovation, data, business, and more within Northwestern Medicine and across the healthcare industry. The institute collaborates with various departments, including Information Services, Legal/Compliance, Investments, and Communications & Marketing, to effectively evaluate and pilot new innovative solutions. Additionally, the institute partners with organizations like MATTER, a health tech incubator, to support healthcare startups at all stages of growth. Through these efforts, Northwestern Medicine Innovation aims to transform healthcare by investing in key areas such as access to care, artificial intelligence, and digital therapeutics. By fostering a culture of innovation and collaboration, the institute seeks to enhance patient experience, optimize physician and nursing efficiency, and drive advancements in precision medicine, robotics, and cybersecurity. This approach reflects Northwestern Medicine's commitment to integrating cutting-edge solutions into healthcare to improve outcomes and experiences for patients and clinicians alike.

Investment Focus

• Innovative healthcare solutions
• Alignment with Northwestern Medicine's mission
• Potential for scalability and impact