Heritage Healthcare Innovation Fund Closes at $157M

Venture capital firm Heritage Group has held the final closing of the Heritage Healthcare Innovation Fund L.P. at $157m.

New limited partners including Amedisys, Cardinal Health, Health Care Service Corporation, Memorial Hermann Healthcare System join prior strategic investors Community Health Systems, Iowa Health System, LifePoint Hospitals, Trinity Health and Vanguard Health Systems.

The fund, which was launched in January 2011, invests in up to $15m in early and growth-stage healthcare businesses.
It made its first two investments in Awarepoint Corporation (read here) and Explorys (read here).



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