Heritage Group Closes Healthcare Innovation Fund at $157 Million and Announces First Two Investments

NASHVILLE, Tenn.--(BUSINESS WIRE)--Heritage Group announced today the official closing of the Heritage Healthcare Innovation Fund L.P. at $157 million, as well as consummation of its first two investments. The strategic fund was launched in January 2011, to identify and invest in businesses that create value in the delivery of healthcare services. “What attracted us to the Fund was the philosophy that collaboration is the key to innovation. Heritage has brought together a powerful ecosystem of providers, service companies and entrepreneurs and helped to organize us around the toughest challenges. We’re already seeing the strategic benefits of the network.” “The Fund’s mix of...