
Investments
1Partners & Customers
10About Froedtert Health
Froedtert Health provides healthcare services. The company offers a health care system providing a variety of health-related services, including hospitals and health centers, home care, laboratory, health insurance, employer health services and workplace clinics, and digital health solutions. It was founded in 1965 and is based in Milwaukee, Wisconsin. In September 2023, Froedtert merged with ThedaCare.
Latest Froedtert Health News
Dec 7, 2023
Menasha-based health insurer Network Health has a new ownership structure after Froedtert Health completed its acquisition of Ascension Wisconsin’s 50% stake in the health insurer, taking full ownership of the company. Network Health CEO Coreen Dicus-Johnson recently joined BizTimes managing editor Arthur Thomas to discuss what the change means and how the company competes in an industry dominated by giants. Adapting to new ownership “There will be some changes when you’re a solely owned organization. I think our finance department is probably going to feel a lot of it from an operational change because they’ll be required to close the books a lot earlier and do things of that nature. But from how we operate every day, the answer is no. What really is exciting is the opportunities that it presents from a strategic perspective related to how we can continue to be innovative and how we leverage the knowledge, skills, and abilities of our team as well as the Froedtert team and the innovation that Froedtert is so well known for.” Using your strengths to compete with industry giants “One of the disciplines that I would recommend is try to look at where your competitors are going to see the opportunity or how they’re going to attack it. And quite frankly, break the rules, not legally, break the norms maybe is probably a better way to say it. … What we like to do is we like to take a look at what’s the standard, how is the industry going to approach … what’s interesting about it is then you start to see where your advantage comes in in terms of your size and everything. Because I think generally we always look at, well, is this a problem that money will fix and you just throw money at it, or is this a problem that quite frankly a relationship is the better way to be able to go about it? … And how do you play to your strength as it relates to your size and their lack of agility generally.” Balancing speed with guardrails “In business, sometimes you have to take risks, right? You apply the business judgment rule, you make the best decision that you have with the best information and you go forward. And mistakes are going to happen sometimes with assumptions and things of that nature just regardless of how your guardrails are. But it’s what you do with that information in terms of learning it. … We don’t waste a mistake at Network Health. We learn from it. And the third thing is, part of it is really important is for everyone to know that mistakes don’t get you fired at Network Health. Sloppiness will, but mistakes won’t. And so how do we learn and how do we build a culture that’s got the right balance of discipline in terms of our decision-making, but appropriate risk-taking.”
Froedtert Health Investments
1 Investments
Froedtert Health has made 1 investments. Their latest investment was in STAQ Pharma as part of their Series C on March 3, 2022.

Froedtert Health Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/7/2022 | Series C | STAQ Pharma | Yes | 2 |
Date | 3/7/2022 |
---|---|
Round | Series C |
Company | STAQ Pharma |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 2 |
Froedtert Health Acquisitions
3 Acquisitions
Froedtert Health acquired 3 companies. Their latest acquisition was Network Health on October 03, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
10/3/2023 | Acquired | 3 | ||||
12/2/2021 | ||||||
1/6/2021 |
Date | 10/3/2023 | 12/2/2021 | 1/6/2021 |
---|---|---|---|
Investment Stage | |||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acquired | ||
Sources | 3 |
Froedtert Health Partners & Customers
10 Partners and customers
Froedtert Health has 10 strategic partners and customers. Froedtert Health recently partnered with Xealth on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/14/2023 | Vendor | United States | The Froedtert Health & the Medical College of Wisconsin health network is a partnership between Froedtert Health and the Medical College of Wisconsin supporting a shared mission of patient care , innovation , medical research and education . | 1 | |
10/26/2022 | Partner | United States | ThedaCare & Froedtert Health Announce Joint Venture To Create Two Health Campuses - OPEN MINDS ThedaCare and Froedtert Health in Wisconsin announced a new joint venture . | 1 | |
10/25/2022 | Vendor | United States | Earlier this year , the Froedtert & MCW health network announced a partnership with Legion HealthCare Partners , which will assist with feasibility , design , and construction , as well as successful implementation and management of the complex proton therapy operations of the proton therapy system . | 2 | |
10/13/2022 | Partner | ||||
9/20/2022 | Partner |
Date | 9/14/2023 | 10/26/2022 | 10/25/2022 | 10/13/2022 | 9/20/2022 |
---|---|---|---|---|---|
Type | Vendor | Partner | Vendor | Partner | Partner |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | The Froedtert Health & the Medical College of Wisconsin health network is a partnership between Froedtert Health and the Medical College of Wisconsin supporting a shared mission of patient care , innovation , medical research and education . | ThedaCare & Froedtert Health Announce Joint Venture To Create Two Health Campuses - OPEN MINDS ThedaCare and Froedtert Health in Wisconsin announced a new joint venture . | Earlier this year , the Froedtert & MCW health network announced a partnership with Legion HealthCare Partners , which will assist with feasibility , design , and construction , as well as successful implementation and management of the complex proton therapy operations of the proton therapy system . | ||
Sources | 1 | 1 | 2 |
Froedtert Health Team
9 Team Members
Froedtert Health has 9 team members, including current President, Chief Operating Officer, Teri Lux.
Name | Work History | Title | Status |
---|---|---|---|
Teri Lux | President, Chief Operating Officer | Current | |
Name | Teri Lux | ||||
---|---|---|---|---|---|
Work History | |||||
Title | President, Chief Operating Officer | ||||
Status | Current |
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