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Henry Ford Health System company logo
Corporation
HEALTHCARE | Medical Facilities & Services / Hospitals
henryford.com

Investments

3

Portfolio Exits

2

Partners & Customers

10

About Henry Ford Health System

Henry Ford Health provides a full continuum of services, from primary and preventative care, to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care, and other healthcare retail. It is one of the nation's academic medical centers, recognized for clinical excellence in cancer care, cardiology and cardiovascular surgery, neurology and neurosurgery, orthopedics and sports medicine, and multi-organ transplants.

Headquarters Location

6777 W Maple Road

West Bloomfield, Michigan, 48322,

United States

248-325-1000

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Latest Henry Ford Health System News

THE PROSTATE CANCER FOUNDATION AND BAYER ANNOUNCE FIRST EVER BAYER-PCF HEALTH EQUITY RESEARCH CHALLENGE AWARDS

Dec 5, 2023

News provided by Share this article Share toX LOS ANGELES, Dec. 5, 2023 /PRNewswire/ -- The Prostate Cancer Foundation (PCF) and Bayer today announced three 2023 Bayer-PCF Health Equity Research Challenge Awards totaling $600,000. The awards will support novel health equity research projects with the goal of reducing racial and ethnic disparities in the diagnosis and treatment of advanced prostate cancer. Globally, prostate cancer is the second most common form of cancer diagnosed among men, with over 1.4 million cases diagnosed worldwide.1,2 In the United States alone, Black men are about 70 percent more likely to be diagnosed with prostate cancer and over twice as likely to die from it than white men.3 The Bayer-PCF Health Equity Research Challenge Awards will focus specifically on research to develop clinical management strategies to improve equitable access to standards of care (diagnostics, prognostics, or treatments) and improve outcomes for Black patients with advanced prostate cancer. "The Prostate Cancer Foundation has been funding research to understand and address this disparity for more than 30 years," said Howard R. Soule, PhD, Executive Vice President and Chief Science Officer, PCF. "We are honored to partner with Bayer in this endeavor and congratulate the investigators on their research which we believe has the potential to reduce disparities in prostate cancer." "Studies show that Black men are more likely to be diagnosed with prostate cancer when it is more advanced, and may experience inferior outcomes when compared to Caucasian men. However, when access to treatment options is similar, 10-year survival is comparable or even higher among this population,3" said Iain Webb, Vice President and Head of U.S. Medical Affairs, Oncology at Bayer. "Working together with these investigators provides us the opportunity to address and potentially improve disparities in the U.S. We congratulate the winners of these awards and look forward to seeing the results of the research." The teams awarded 2023 Bayer-PCF Health Equity Research Challenge Awards are: Principal Investigator: Burcu Darst, PhD, Fred Hutchinson Cancer Center Co-Investigators: Heather Cheng, MD, PhD, and Yaw Nyame, MD, MS, of the University of Washington; Manoj Menon, MD, Fred Hutchinson Cancer Center Young Investigator: Hiba Khan, MD, MPH, University of Washington Collaborator: Veda Giri, MD, Yale University Project Title: Incorporating Patient Education into Germline Testing in Black Patients with Prostate Cancer Principal Investigator: Brian Joyce, PhD, Northwestern University Co-Investigators: Adam Murphy, MD, Mamoudou Maiga, MD, PhD, Lifang Hou, PhD, MD, all of Northwestern University Young Investigator: Zequn Sun, PhD, Northwestern University Project Title: Impact of Genetic Ancestry and DNA Methylation on Prostate Cancer in African and African American Patients Principal Investigator: Nallasivam Palanisamy, PhD, MsC, Henry Ford Health System Co-Investigators: Pin Li, PhD, Nilesh Gupta, MD, Craig Rogers, MD, all of Henry Ford Health System; Daniel I. Isaac, DO, MSc, Michigan State University Young Investigator: Wei Zhao, MD, PhD, Henry Ford Health System Project Title: Molecular Evaluation of Prostate Saturation and Progression Biopsies for Risk Assessment and Early Intervention. About the Prostate Cancer Foundation The Prostate Cancer Foundation (PCF) is the world's leading philanthropic organization dedicated to funding life-saving prostate cancer research. Founded in 1993 by Mike Milken, PCF has been responsible for raising more than $1 billion in support of cutting-edge research through more than 2,250 research projects at 245 leading cancer centers, with a global footprint spanning 28 countries. Since PCF's inception, and through its efforts, patients around the world are living longer, suffering fewer complications, and enjoying better quality of all life. PCF is committed to creating a global public square for prostate cancer, in service to our mission of ending death and suffering from the disease. Learn more at  pcf.org . About Bayer Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2022, the Group employed around 101,000 people and had sales of 50.7 billion euros. R&D expenses before special items amounted to 6.2 billion euros. For more information, go to www.bayer.com . Forward-Looking Statements This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com . The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. PP-PF-ONC-US-3048-1 11/23

Henry Ford Health System Investments

3 Investments

Henry Ford Health System has made 3 investments. Their latest investment was in EyeKnow AI as part of their Biz Plan Competition on December 12, 2022.

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Henry Ford Health System Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/13/2022

Biz Plan Competition

EyeKnow AI

$0.08M

Yes

2

9/8/2021

Corporate Minority

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10

10/24/2018

Line of Credit

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$99M

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10

Date

12/13/2022

9/8/2021

10/24/2018

Round

Biz Plan Competition

Corporate Minority

Line of Credit

Company

EyeKnow AI

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Amount

$0.08M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

Henry Ford Health System Portfolio Exits

2 Portfolio Exits

Henry Ford Health System has 2 portfolio exits. Their latest portfolio exit was Healthymize on December 10, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/10/2019

Merger

$99M

3

Spinoff / Spinout

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$99M

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0

Date

12/10/2019

Exit

Merger

Spinoff / Spinout

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

3

0

Henry Ford Health System Acquisitions

2 Acquisitions

Henry Ford Health System acquired 2 companies. Their latest acquisition was HealthPlus of Michigan on February 02, 2017.

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

2/2/2017

$99M

Acquired

1

4/5/2016

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$99M

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10

Date

2/2/2017

4/5/2016

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

Henry Ford Health System Partners & Customers

10 Partners and customers

Henry Ford Health System has 10 strategic partners and customers. Henry Ford Health System recently partnered with Ascension on October 10, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

10/24/2023

Partner

United States

Henry Ford, Ascension Michigan to create $10.5 billion health system in joint venture

Henry Ford Health and Ascension Michigan are creating a $ 10.5 billion healthcare system through a joint venture .

2

9/6/2023

Partner

United States

Gilbert Family Foundation Contributes Nearly $375 Million in Partnership with Henry Ford Health to Bring Shirley Ryan AbilityLab to Detroit and Create the Nick Gilbert Neurofibromatosis Research Institute

The product of a landmark , 30-year partnership , Henry Ford Health + MSU is focused on setting a new standard for how individuals and communities experience care across the state of Michigan and the nation .

3

5/17/2023

Partner

United States

Henry Ford Health and Ephemeral Tattoo partner to study made-to-fade tattoo ink for medical markings

DETROIT -LRB- May 17 , 2023 -RRB- -- Researchers at Henry Ford Health -- one of the nation 's leading integrated academic medical institutions -- in collaboration with Ephemeral Tattoo , have conducted a study on the safety and efficacy of made-to-fade tattoos for medical markings .

2

4/17/2023

Client

United States

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10

4/11/2023

Partner

United States

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10

Date

10/24/2023

9/6/2023

5/17/2023

4/17/2023

4/11/2023

Type

Partner

Partner

Partner

Client

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Henry Ford, Ascension Michigan to create $10.5 billion health system in joint venture

Henry Ford Health and Ascension Michigan are creating a $ 10.5 billion healthcare system through a joint venture .

Gilbert Family Foundation Contributes Nearly $375 Million in Partnership with Henry Ford Health to Bring Shirley Ryan AbilityLab to Detroit and Create the Nick Gilbert Neurofibromatosis Research Institute

The product of a landmark , 30-year partnership , Henry Ford Health + MSU is focused on setting a new standard for how individuals and communities experience care across the state of Michigan and the nation .

Henry Ford Health and Ephemeral Tattoo partner to study made-to-fade tattoo ink for medical markings

DETROIT -LRB- May 17 , 2023 -RRB- -- Researchers at Henry Ford Health -- one of the nation 's leading integrated academic medical institutions -- in collaboration with Ephemeral Tattoo , have conducted a study on the safety and efficacy of made-to-fade tattoos for medical markings .

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Sources

2

3

2

10

10

Henry Ford Health System Team

9 Team Members

Henry Ford Health System has 9 team members, including current Chief Operating Officer, Executive Vice President, Robert G. Riney.

Name

Work History

Title

Status

Robert G. Riney

Chief Operating Officer, Executive Vice President

Current

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Name

Robert G. Riney

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Work History

Title

Chief Operating Officer, Executive Vice President

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Status

Current

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