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Silicon Valley Doesn’t Build The Tools These Hospitals Need. This New Consortium Will

April 3, 2024
Forbes
Contributed by: Samuel Hill
Summary
Michael Dowling, CEO of Northwell Health, disputes claims that healthcare systems are slow to adopt technology, advocating for more intentional innovation through a partnership with Aegis Ventures. Aegis, alongside a consortium of nine health systems, aims to develop startups that address actual needs within healthcare, facilitating quicker and more effective implementation of new technologies. Their approach allows health systems to have direct equity in startups, encouraging innovations like administrative bots and diagnostics tools. Despite this strategic collaboration, health systems including Northwell maintain flexibility in pursuing separate technological ventures, underscoring the complementary rather than exclusive nature of their partnership with Aegis.
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