CommonSpirit Health

CommonSpirit Health is a healthcare provider dedicated to advancing health for all individuals and serving diverse communities. The organization offers a wide range of services, including charity care, community benefits, virtual care, home health, clinical research, precision medicine, and government program services. Through its network of hospitals, CommonSpirit Health aims to deliver exceptional patient care while ensuring that every person has access to quality healthcare. The organization is committed to creating healthier communities and addressing the varied health needs of the populations it serves.

Christine Brocato

System VP, Strategic Innovation

5 past transactions

Concert Health

Series B in 2022
Concert Health, Inc. is a company based in San Diego, California, that specializes in integrating behavioral health services into medical practices. Founded in 2016, it operates an online platform that connects physicians with therapists and psychiatrists, facilitating the integration of screening, therapy, and psychiatric consultations into healthcare workflows. The company provides a range of services, including remote clinical staffing with behavioral care managers and psychiatric consultants, as well as tools for registry, screening, documentation, and billing support. Concert Health aims to enhance the quality of behavioral healthcare through evidence-based practices while enabling physician practices to capitalize on new reimbursement opportunities, particularly under Medicare's Collaborative Care Management framework.

Clever Care Health Plan

Series B in 2021
Clever Care Health Plan, Inc. provides healthcare insurance plans to members that connect the benefits of Eastern and Western medicine. It offers plans for acupuncture, herbal remedies, and exercises, such as tai chi and qi gong; and treatments, including cupping and moxibustion. The company sells its products through brokers and sales agents. Clever Care Health Plan, Inc. was incorporated in 2018 and is headquartered in Westminster, California with an additional office in Arcadia, California.

Kresge Foundation

Grant in 2020
The Kresge Foundation is a private, national foundation based in Troy, Michigan, established in 1924, with assets totaling approximately $3 billion. It aims to enhance the quality of life for future generations by focusing on seven key program areas: arts and culture, community development, education, health, human services, the environment, and specifically Detroit. The foundation is committed to expanding opportunities in underserved communities, improving health outcomes for low-income individuals, and supporting artistic endeavors. Additionally, it plays a vital role in revitalizing Detroit and addressing global climate challenges. In 2011, the foundation awarded 346 grants totaling $170 million, demonstrating its dedication to social impact through grantmaking and social investments.

Dignity Health

Acquisition in 2019
Dignity Health is made up of more than 60,000 caregivers and staff who deliver excellent care to diverse communities in 21 states. Headquartered in San Francisco, Dignity Health is the fifth largest health system in the nation and the largest hospital provider in California.

CommonSpirit Health

Acquisition in 2019
CommonSpirit Health is a non-profit, faith-based health system formed in February 2019 through the merger of Catholic Health Initiatives and Dignity Health. Operating across 18 states, it encompasses 103 hospitals, including four academic health centers and major teaching hospitals, as well as 30 critical-access facilities. The organization offers a comprehensive range of healthcare services, including community health organizations, accredited nursing colleges, home health agencies, and living communities. CommonSpirit Health is dedicated to creating and nurturing healthy communities, providing significant financial assistance and community benefits, with a focus on programs and services for the underserved. In fiscal year 2017, Catholic Health Initiatives alone provided over $1.2 billion in assistance for free clinics, education, and research, reflecting its commitment to improving health outcomes for all individuals.
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