Wintrust Business Minute: Chicago has a new healthcare venture fund

Wintrust Business Lunch

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Chicago has a new healthcare venture fund. It’s called Create Health Ventures and Crain’s reports it just closed its inaugural fund that’ll invest in early-stage business-to-business digital health companies developing tools for insurance companies and pharmaceutical firms. The fund has $21 million available to those startups and has already cut checks to five companies. Chicago startups Carallel and Advocatia Solutions are included in the first round of funding. One specializes in caregiver engagement and the other is a Medicaid enrollment tool.

Also, Deerfield-based Baxter International is offloading its kidney-care unit. Listen for more below.

https://serve.castfire.com/audio/5684186/5684186_2024-08-13-210626.64kmono.mp3

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