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Health system intelligence profile

NYP Ventures

NewYork-Presbyterian

Editorially verified · Last reviewed August 30, 2026

Intelligence summary

Program at a Glance

Program mandate
NYP Ventures is the strategic investment fund of NewYork-Presbyterian, launched in November 2016 to back digital health companies whose products can be tested and scaled inside the academic medical center. The fund emphasizes telehealth, virtual care and digital patient experience, reflecting NewYork-Presbyterian's early investment in its NYP OnDemand telehealth platform.
Organizational model
Nonprofit
Location
New York, New York
Program types
Venture fund
Commercialization pathways
Investment
Focus areas
ClinicalDigitalConsumer
Public scale or maturity signals

Established 2016

NYP Ventures is the strategic investment fund of NewYork-Presbyterian, launched in November 2016 to back digital health companies whose products can be tested and scaled inside the academic medical center. The fund emphasizes telehealth, virtual care and digital patient experience, reflecting NewYork-Presbyterian's early investment in its NYP OnDemand telehealth platform. Its debut investment was in Avizia, a telehealth hardware and software company. NYP Ventures invests alongside institutional venture firms and provides portfolio companies with clinical validation across NewYork-Presbyterian's campuses and its Columbia and Weill Cornell affiliations. It is an investing vehicle rather than a company-building studio.

Documented successes: Launched November 2016 with a first investment in telehealth company Avizia; positioned around NewYork-Presbyterian's NYP OnDemand digital health platform; announced by NewYork-Presbyterian President and CEO Dr. Steven J. Corwin

Official engagement route
Program website ↗Health system website ↗
Last reviewed
August 30, 2026

Mandate and remit

What This Program Does

NYP Ventures is the strategic investment fund of NewYork-Presbyterian, launched in November 2016 to back digital health companies whose products can be tested and scaled inside the academic medical center. The fund emphasizes telehealth, virtual care and digital patient experience, reflecting NewYork-Presbyterian's early investment in its NYP OnDemand telehealth platform. Its debut investment was in Avizia, a telehealth hardware and software company. NYP Ventures invests alongside institutional venture firms and provides portfolio companies with clinical validation across NewYork-Presbyterian's campuses and its Columbia and Weill Cornell affiliations. It is an investing vehicle rather than a company-building studio.

Areas of Focus

ClinicalDigitalConsumer

Commercialization Pathways

These routes appear in the program's sourced public record.

Venture Investment and Company Creation

Fund or office: NYP Ventures

NYP Ventures is the strategic investment fund of NewYork-Presbyterian, launched in November 2016 to back digital health companies whose products can be tested and scaled inside the academic medical center. The fund emphasizes telehealth, virtual care and digital patient experience, reflecting NewYork-Presbyterian's early investment in its NYP OnDemand telehealth platform. Its debut investment was in Avizia, a telehealth hardware and software company. NYP Ventures invests alongside institutional venture firms and provides portfolio companies with clinical validation across NewYork-Presbyterian's campuses and its Columbia and Weill Cornell affiliations. It is an investing vehicle rather than a company-building studio.

Publicly Reported Outcomes

  • Documented successes

    Launched November 2016 with a first investment in telehealth company Avizia; positioned around NewYork-Presbyterian's NYP OnDemand digital health platform; announced by NewYork-Presbyterian President and CEO Dr. Steven J. Corwin

Contact the Program

Use the program's published contact route for partnership, licensing, innovation, or program inquiries.

Official contact page
Open contact page ↗

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Sources and Updates

Reviewed August 30, 2026. External source links open in a new tab.

  1. NYP Ventures official source nyp.org. Accessed August 30, 2026.
  2. NYP Ventures source 2 healthcareitnews.com. Accessed August 30, 2026.
  3. NYP Ventures source 3 nyp.org. Accessed August 30, 2026.

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