Ascension Health Ventures (AHV), the $550m corporate venturing unit of eponymous US-based medical services provider, has joined a consortium investing $3.4m in remote care platform Vivify Health, which was formerly known as Intuitive Health.
The other named investor was Heritage Group, a venture capital firm created by a group of US healthcare services firms to manage the $167m Heritage Healthcare Innovation Fund.
Victor Kats, investment director at AHV, and Rock Morphis, managing director of Heritage, have joined Vivify’s board.
Vivify Health was founded under the brand Intuitive Health in 2009 by Eric Rock, a serial entrepreneur whose prior companies include the provider of an emergency department information system.
Morphis said: “As market dynamics continue to evolve and providers assume more responsibility for post-acute care management, Vivify’s solution will have tremendous applicability.”
Kats added: “We share Vivify’s vision that the next generation technology and service requirements for effective population health management call for enabling hospitals, physicians, nurses and other stakeholders to successfully engage with the patient outside of the care setting.”