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Froedtert Health company logo
Corporation
HEALTHCARE | Medical Facilities & Services / Hospitals
froedtert.com

Investments

1

Partners & Customers

10

About 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.

Headquarters Location

9200 W. Wisconsin Avenue

Milwaukee, Wisconsin, 53226,

United States

414-805-3666

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Latest Froedtert Health News

Network Health CEO Coreen Dicus-Johnson’s advice for competing amongst giants

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.

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Froedtert Health Investments Activity

investments chart

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

$99M

Acquired

3

12/2/2021

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$99M

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10

1/6/2021

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$99M

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10

Date

10/3/2023

12/2/2021

1/6/2021

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

3

10

10

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

Home » News & Press » The Froedtert & the Medical College of Wisconsin health network Leverages Digital Health to Engage High Risk Employees in Maintaining a Healthy Weight. The Froedtert & the Medical College of Wisconsin health network Leverages Digital Health to Engage High Risk Employees in Maintaining a Healthy Weight - Healthcare IT - CHIME

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

The Mevion S250i Proton Therapy System. Mevion selected to provide proton therapy technology to the Froedtert & the Medical College of Wisconsin health network

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

United States

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10

9/20/2022

Partner

United States

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10

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

United States

United States

News Snippet

Home » News & Press » The Froedtert & the Medical College of Wisconsin health network Leverages Digital Health to Engage High Risk Employees in Maintaining a Healthy Weight. The Froedtert & the Medical College of Wisconsin health network Leverages Digital Health to Engage High Risk Employees in Maintaining a Healthy Weight - Healthcare IT - CHIME

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 .

The Mevion S250i Proton Therapy System. Mevion selected to provide proton therapy technology to the Froedtert & the Medical College of Wisconsin health network

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 .

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Sources

1

1

2

10

10

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

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Name

Teri Lux

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Work History

Title

President, Chief Operating Officer

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Status

Current

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