A service of the California Health Care Foundation

California Healthline Daily Edition

Summaries of health policy coverage from major news organizations

Philanthropists Create $100M Health Care Investment Fund

On Tuesday, prominent California philanthropists Gary and Mary West announced the launch of a $100 million investment fund aimed at promoting the development of new technologies to improve health care and reduce costs. The West Health Investment Fund will provide investment grants of between $500,000 and $5 million to companies that are developing advanced health care technologies and services. The couple previously donated $90 million to establish the West Wireless Health Institute. The new fund already has awarded grants to six technology companies, two of which are based in San Diego.

This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.