Heritage Group Closes Healthcare Venture Capital Fund, at $220M

Heritage_Fund_logoHeritage Group, a Nashville-based, healthcare-exclusive, venture capital firm, closed its latest fund, at $220m.

Healthcare Innovation Fund, which exceeded its original fund target by $20m and its predecessor by more than $50m, is backed by 15 of the nation’s leading healthcare companies including: Adventist Health System (Florida); Amedisys (Louisiana); Cardinal Health (Ohio); Cerner Corp. (Missouri); Community Health Systems (Tennessee); Health Care Service Corporation (Illinois); Horizon Healthcare Services (New Jersey); Intermountain Healthcare (Utah); LifePoint Health (Tennessee); Memorial Hermann Health System (Texas); Sutter Health (California); Tenet Health (Texas); Trinity Health (Michigan); and UnityPoint Health (Iowa).

Founded in 1986 and led by Managing Directors Rock Morphis, David McClellan, and Paul Wallace, the firm invests in innovative companies focused on building solutions to the most pressing challenges in healthcare.
The firm has $400 million under management.



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