Providence St. Joseph Health CEO on VC Fund, Consolidation

Providence Saint Joseph Health is launching a second $150 million venture fund to invest in startups that align with its digital strategy, focusing on consumer-centric solutions. The company emphasizes digital solutions to enhance patient experience, inspired by Amazon's consumer approach. They are also preparing for potential changes in healthcare policies, particularly the Affordable Care Act and Medicaid. In terms of mergers and acquisitions, 2019 is seen as a year of coalition rather than consolidation, with strategic partnerships like Civica RX forming to address specific needs without full mergers.

What is the purpose of Providence Saint Joseph Health's second venture fund?

How does Providence Saint Joseph Health plan to improve the consumer experience?

What are some of the digital solutions mentioned that aim to enhance patient access?

What changes are anticipated regarding the Affordable Care Act according to the interview?

What is the predicted trend for mergers and acquisitions in the healthcare sector for 2019?