Fund or office: Ochsner Ventures
Ochsner Ventures is the corporate development and investment arm of Ochsner Health, the largest nonprofit health system in Louisiana, formally established in 2022. It operates across three pillars: strategic investments in venture funds and operating companies, development of diversified businesses that support the system's nonprofit mission, and partnerships with national organizations. In 2023 it launched the Ochsner Louisiana Innovation Fund, a $10 million vehicle for seed and Series A companies headquartered or substantially operating in Louisiana, capitalized in part through Louisiana Economic Development's State Small Business Credit Initiative allocation. Investment priorities are value-based care acceleration, digital care delivery and community health access. It both invests and builds businesses, and it works alongside innovationOchsner (iO), the system's internal innovation lab.