The California HealthCare Foundation (CHCF) has launched a $10 million investment fund for nonprofit organizations and for-profit companies to provide innovative services, devices, and technologies to significantly reduce costs and improve access to care in California.
Through the angel investment fund set up to ensure quality care for underserved populations, CHCF will be able to support a broad range of entrepreneurs with proven records for developing scalable sustainable businesses in the healthcare market.
The Fund will provide funding at all stages, with a primary focus on early development, including seed rounds as small as $50,000 to total investments of up to $3 million. In addition to providing capital, CHCF can help with regulatory and reimbursement strategies, provide insight into healthcare financing and operations, and connect companies to demonstration sites in the state.
To read the full, original article click on this link: Federal Telemedicine News: Innovation Fund Launched
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