St. Luke’s University Health Network Joins Caduceus Capital Partners’ Health System Innovation Council

Nashville, Tennessee, February 15, 2022— (BUSINESS WIRE) – This week, St. Luke’s University Health Network (SLUHN) joined the Health Innovation Council (HSIC), a powerful strategic alliance of health investors and the digital health investment model Caduceus Capital Partners .

As part of the partnership, SLUHN gains access to a reliable flow of transactions from Caduceus Capital Partners, as well as the opportunity to collaborate with new companies and colleagues to develop products that meet the specific needs of the system. SLUHN will play an active role in influencing Caduceus Capital Partners ’investments by representing the client’s voice.

“Caduceus Capital Partners is in a unique position to establish important connections and implement much-needed healthcare innovations. With HSIC, our portfolio companies can accelerate testing, scaling and adoption of their products and have a greater impact on the market,” he said. Scott Cyclistmanaging partner, Caduceus Capital Partners.

HSIC offers a search for investment and industry relationships across the U.S., bringing together leading companies with proven expertise in providing digital healthcare solutions to millions of Americans. Caduceus Capital Partners is actively seeking additional healthcare systems from across the country to join this strategic alliance.

“This collaboration with Caduceus Capital Partners will allow us to access the best innovators in the field and bring the best in digital healthcare technology to our patients,” he said. Chad Brissendinvice president and CIO, SLUHN.

“All of our more than 17,000 employees are focused on one mission: to provide excellent patient care where our patients need it most,” he said. Matthew Fenty, Director of Innovation and Strategic Partnerships, SLUHN. “We are pleased that HSIC will make available new tools and resources to help us achieve this goal.”

About Caduceus Capital Partners, LLC

Caduceus Capital Partners is a venture and private investment company focused on investing in digital health at an early stage. The innovative investment model actively supports portfolio companies from the first check-up to the exit phase with operational experience and network access to potential clients and partners. For more information and investment interest visit www.caduceus.vc.

About St. Luke’s University Health Network

Founded in 1872, the University of St. Luke’s Health Network (SLUHN) is a fully integrated regional nonprofit network with more than 17,000 employees providing services on 14 campuses and more than 300 outpatient outlets. With an annual net income of $ 2.7 billion, the network’s service area includes 11 counties: Lehigh, Northampton, Berks, Bucks, Carbon, Montgomery, Monroe, Schuylkill and Lucerne, Pennsylvania, and Warren and Hunterson counties in New York. Dedicated to enhancing medical education, St. Luke’s Hospital is an outstanding educational hospital in central eastern Pennsylvania. In partnership with Temple University, St. Luke founded the first and only regional campus of medical schools in Lehigh Valley. It also manages the nation’s longest continuing school of nursing, founded in 1884, and 38 fully accredited educational programs for medical graduates with 347 residents and fellows. St. Luke’s is the only healthcare system in Lehigh Valley that has received a five-star Medicare rating (highest) for quality, efficiency and patient satisfaction. St. Luke’s is both Leapfrog Group’s best hospital and Healthgrades, as well as Newsweek’s best hospital in the world. US News & World Report ranked St. Luke’s 1 in the Lehigh Valley and 6 in the state. Three of the top 100 IBM Watson Health hospitals are St. Luke’s Hospital. The flagship University Hospital of St. Luke has been named the 100 Best Major Training Hospital by IBM Watson Health nine times and seven years in a row, including in 2021, when it was recognized as the №1 TRAINING HOSPITAL in the country. In 2021, IBM Watson Health also named St. Luke among the top 15 health systems in the country. Using the Epic Electronic Medical Card (EMR) system for both inpatient and outpatient services, the network is a longtime winner of the Most Wired Award, which recognizes a wide range of SLUHN information technology applications such as telehealth, online schedules and online information -price. St. Luke is also recognized as one of the lowest prices in the state.

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Contacts

Katie Schlacker
Katie@SchlacterConsulting.com

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