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Sovereign Wealth Funds Briefing - Categorized | Investment

KIA invests $100 mln in NantHealth, a NantWorks company

Posted on 30 April 2014

NantHealth LLC, a NantWorks company, announced today that one of the world’s largest sovereign wealth funds, the Kuwait Investment Authority (KIA), has invested $100 million in NantHealth, a cloud-based transformational healthcare IT company converging science and technology through a single integrated clinical platform, to provide actionable health information at the point of care, in the time of need.
The investment will be used by NantHealth to accelerate innovation that will enable better patient care and reduced costs - two key factors affecting health care today. The NantHealth Clinical Operating System (cOS), is the first operating system of its kind in healthcare that is based on supply chain principles and grid service oriented architecture that integrates the knowledge base with the delivery system and the payment system, enabling 21st century coordinated care at a lower cost………………………………………..Full Article: Source


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