LifePoint

LifePoint Health has announced a partnership with New York City-based venture studio 25madison to launch a health tech incubator that will be based out of Brentwood.

The two entities have invested $20 million to launch the firm, called 25m Health, and will begin investing in startups in the hopes of addressing pain points within LifePoint’s 90-hospital network. CEO David Dill said initially they will focus on administrative and workforce solutions, including scheduling and paperwork. According to a press release, the venture studio will be the central innovation engine for the health system.