Providence Health Care Ventures Launches Innovation Partnership Program
Providence Health Care Ventures (PHCV) is proud to announce the launch of its Ventures Innovation Partnership Program (VIPP), a new initiative designed to accelerate health care innovation by connecting promising technology companies with Providence’s clinical expertise and health care facilities.
The VIPP creates structured pathways for external innovators to collaborate with Providence Health Care, providing access to clinical settings for real-world validation, specialist consultation, and opportunities for implementation within the health care system. By bridging the gap between innovative technologies and clinical practice, the program aims to advance solutions that address critical health care challenges.
The program recently welcomed its first partner, Sonus Microsystems, a company developing wearable ultrasound technology for cardiac monitoring. This inaugural partnership demonstrates how the VIPP can help accelerate the development and validation of promising healthcare technologies by providing access to clinical expertise and testing environments.
PHCV’s Innovation Partnership Program is open to companies developing solutions in priority areas including remote patient monitoring, diagnostic technologies, digital health platforms, and medical devices. Through these strategic partnerships, Providence Health Care continues its commitment to advancing healthcare innovation and improving patient outcomes.
About PHC Ventures
PHC Ventures is the technology and commercialization arm of Providence Health Care (PHC). Our team works to identify, develop, and scale innovations that directly improve health care delivery. By fostering strong connections with industry leaders and leveraging our expertise in critical health domains such as cardiac and renal diseases, substance use medicine, and infectious diseases, we aim to drive positive change for both patients and health care professionals alike.
Ventures is an element of Innovarium, Providence Health Care’s innovation engine, connecting people, systems, infrastructure, and partners to drive health innovation. Innovarium provides a model for creative and supported collaboration focused on the research, development, testing and implementation of novel ideas, new models of care, and new tools, all with the goal of sustainably improving health care.
For more information about PHC Ventures, please visit phcventures.ca