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New AI venture to drive better, more equitable, and lower-cost healthcare

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Northwell Health, New York’s largest healthcare provider, are forming a joint venture (JV) with startup studio Aegis Ventures, to ideate, launch, and scale AI-driven companies to address healthcare’s most challenging quality, equity, and cost problems.

The JV will assemble leading medical, technology, and business resources to create a first-of-its-kind company creation platform for healthcare innovation. Aegis Ventures intends to invest at least $100 million of seed-stage funds through the platform to catalyze a significant multiple of that amount from the venture capital and investment…

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