A new breed of healthcare innovation accelerator
For healthcare startups, success depends on more than proof of concept. It requires proof of ROI at the institutional level. And that means data. Serious data. As part of a care system that’s both a provider and a payer, Winter Street Ventures is uniquely positioned to deliver the whole package. Faster.
Innovators empowering innovators
The for-profit healthcare innovation accelerator and venture investment subsidiary of Commonwealth Care Alliance (CCA), Winter Street Ventures partners with early-stage entrepreneurs to take healthcare technology, devices, and services from concept to marketplace. Winter Street Ventures licenses and leverages Winter Street Ventures intellectual property, and also Commonwealth Care Alliance intellectual property working in partnership with other ventures. Healthcare innovation is at the core of CCA’s mission to improve the health and well-being of people with significant needs by innovating, coordinating, and providing the highest quality, individualized care.
Where blue-sky meets real-world
For the right partners, we can offer something few venture firms can match: reality. An opportunity to pilot your idea within a real healthcare organization with real patients and real clinicians in real care settings. That’s a force multiplier that’s hard to overvalue. Many entrepreneurs come to us looking for a check; the smart ones know they need a reality check.
A Valued Partnership: Commonwealth Care Alliance
Two factors distinguish Winter Street Ventures as a partner for healthcare startups. First, access to CCA’s patient population of over 37,000 extremely high utilizers of healthcare solutions. And second, an approach to care that engages members as true collaborators in their own care. We don’t try innovations on our members. We try innovations in trusting partnership with them.
Leaders Who Are Innovators
Chris Palmieri, CEO of both Winter Street Ventures and CCA, has successfully launched four different ventures in which he was Employee #1. Jon Gordon, Managing Director of Winter Street Ventures and CCA's Senior Vice President of Innovation, has deep experience in strategic venture capital, digital health start-ups, and direct entrepreneurial experience. Together, Chris and Jon hold the keys to a vast wealth of intellectual capital.