OSF Ventures, launched in April 2016, is a $75 million venture fund designed to strategically invest in new technology and devices that can transform and improve health care.

The corporate investment arm aims to financially back companies that have emerging technology to improve patient outcomes and reduce the financial burden to the health care system.

OSF Ventures also partners with the companies it invests in to advance their products or services. Areas of interest include Health IT, Medical Devices, Therapeutics, Diagnostics and delivery Solutions. The initiative is part of the larger innovation strategy at OSF HealthCare.