Banner Health

Banner Health is a nonprofit healthcare system based in Phoenix, Arizona, founded in 1999. It operates a wide range of services across several states, including Alaska, California, Colorado, Nebraska, Nevada, and Wyoming. The organization provides hospital care, home care, hospice care, nursing registries, surgery centers, laboratories, and rehabilitation services. Additionally, it specializes in heart care, cancer treatment, organ transplants, bone marrow transplants, and behavioral health services. Banner Health is dedicated to delivering comprehensive emergency and medical services to meet the diverse needs of the communities it serves.

Adam Hunke

Principal - Venture Group

6 past transactions

InnovAccer

Series F in 2025
InnovAccer develops and delivers analytical applications for various industries, specializing in healthcare. Its flagship platform, Datashop, offers solutions like Datashop Care for targeted patient care, Datashop Alchemy for market risk analysis, and Datashop Insights for data visualization. InnovAccer also provides tools for clinical documentation improvement, physician engagement, and care navigation. The company serves academic institutions, governmental organizations, and corporate enterprises globally.

1m

Series A in 2024
1m is a healthtech company that offers a software platform for risk management and performance improvement services.

Capital Rx

Series D in 2023
Founded in 2017, Capital Rx operates as a pharmacy benefit manager, overseeing self-insured prescription plans for employers, unions, and government entities. Its platform improves administrative workflows, clinical oversight, claim processing, and coordination between patients and providers by managing prescription drug claims on behalf of users and their plan sponsors.

Atlas Healthcare Partners

Corporate Round in 2022
Atlas Healthcare Partners is a specialized company focused on the development and management of ambulatory surgery centers (ASCs). Collaborating with not-for-profit health systems, Atlas aims to enhance ASC network capabilities while facilitating a strategic alignment between health systems and physicians. By prioritizing the needs of physicians, the company creates customized strategies that not only support outpatient surgery services but also provide valuable insights into local market dynamics. Through its partnerships, Atlas Healthcare Partners bridges the gap between healthcare providers and the communities they serve, fostering a more efficient and effective surgical care environment.

Babyscripts

Series B in 2021
Babyscripts is a health technology company that provides a virtual maternity care platform for prenatal and postpartum management. The platform combines a mobile education layer with gestational-age content and resources through one year postpartum, remote monitoring using connected medical devices, and a collaboration with payers to improve care coordination and reduce costs. This three-tier approach enables clinicians to manage pregnancies outside the clinic, monitor risk factors remotely, and intervene promptly when needed, while expanding access and automating routine elements of care to support better outcomes for mothers and infants.

Babyscripts

Venture Round in 2020
Babyscripts is a health technology company that provides a virtual maternity care platform for prenatal and postpartum management. The platform combines a mobile education layer with gestational-age content and resources through one year postpartum, remote monitoring using connected medical devices, and a collaboration with payers to improve care coordination and reduce costs. This three-tier approach enables clinicians to manage pregnancies outside the clinic, monitor risk factors remotely, and intervene promptly when needed, while expanding access and automating routine elements of care to support better outcomes for mothers and infants.
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