A New Healthcare Fund Launched in Philly

Philadelphia College of Osteopathic Medicine (PCOM) announced it has committed through its Foundation the allocation of $5 million to a new venture capital fund designed to stimulate innovation and entrepreneurship in the health care field, with a specific focus on primary care.

The Primary Care Innovation Fund is the first such endeavor in the College’s 117-year history and will invest in companies with established products and services that are healthcare-related and focused on primary care. PCOM is the first osteopathic medical school to establish such a fund.

The establishment of the fund underscores the College’s mission of advancing knowledge and intellectual growth broadly, and its commitment to the well-being of the community through leadership and service, said Jay S. Feldstein, DO ’81, president and CEO of PCOM.

“The osteopathic philosophy focuses on prevention and maintaining wellness, and seeing the patient as a whole person—not just their symptoms. Through the Primary Care Innovation Fund, PCOM can extend that philosophy by investing in innovative opportunities nationally to improve and maintain patients’ quality of life,” said Dr. Feldstein.

Click here to read the full press release.

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