New Health Innovation Fund Aims To Improve Access to Care in Calif.
On Monday, the California HealthCare Foundation announced a $10 million investment fund that will target not-for-profit organizations and companies working to improve health care for underserved populations, the San Francisco Business Times reports. CHCF publishes California Healthline.
The CHCF Health Innovation Fund aims to support innovative services, devices and technologies that could curb health costs and improve access to care in California.
The fund will provide selected organizations with seed financing of at least $50,000. An organization could receive as much as $3 million over the span of its participation in the program.
CHCF currently is accepting proposals from organizations with a record of developing scalable, sustainable business models in the health care sector. Application materials are available from CHCF's websiteÂ (Rauber, San Francisco Business Times, 11/8).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.