WI Watchlist: Froedtert, Gener8tor, Fujifilm Cellular Dynamics, Exact
Summary
—Wauwatosa-based Froedtert Health, which runs a network of hospitals and clinics and is affiliated with the Medical College of Wisconsin, has committed an additional $15 million to investing in healthcare technology startups, according to the Milwaukee Business Journal .Since 2015, Froedtert has invested in startups through a subsidiary called Inception Health, which has backed companies located around the country.At the same time, the company is expanding its manufacturing space in Madison, and it intends to hire more people and perhaps bring its headcount back to the level it was at before the recent restructuring, the State Journal reported.First, CEO Kevin Conroy announced during a quarterly conference call with financial analysts that Exact is now a customer of Epic Systems, the giant electronic health records software company based in nearby Verona .Epic’s software will help perform tasks such as tracking orders of Cologuard, Exact’s stool-based colorectal cancer test, and managing revenue and customer service, according to a transcript of the conference call posted by Seeking Alpha.
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