About HCA Healthcare Mission Fund
The HCA Healthcare Mission Fund was created in connection with HCA Healthcare’s acquisition of Mission Health in February 2019. The Fund invests in companies and economic development activities that innovate in the delivery of healthcare throughout Western North Carolina. As a strategic investor, we will collaborate with innovative companies, individuals and other organizations to leverage the expertise and other resources of HCA Healthcare to stimulate healthcare related economic activity, create healthcare jobs or otherwise improve the efficiency, quality and/or cost of healthcare in Western North Carolina.
We aim to maintain a broad scope for investment activity, providing access to funding opportunities for entrepreneurs, companies and not-for-profit economic development activities in the region. When evaluating each investment, our focus will be on the scale of impact, traction in the market, and potential for growth rather than a company’s size or stage of fundraising. Initial investments will range from $500k to $5 million with up to $3 million available for follow on investments.
Our investment resources will be deployed in companies and development activities that are located or operate in Western North Carolina, specifically within the following counties: Avery, Buncombe, Burke, Cherokee, Clay, Graham, Haywood, Henderson, Jackson, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Swain, Transylvania and Yancey.
About Mission Health
Mission Health, an operating division of HCA Healthcare, is based in Asheville, North Carolina, and is the state’s sixth largest health system. In 2018, for the sixth time in the past seven years, Mission Health has been named one of the nation’s Top 15 Health Systems by IBM Watson Health (formerly Truven Health Analytics). Mission Health is the only health system in North Carolina to achieve this recognition. Mission Health operates six hospitals, numerous outpatient and surgery centers, post-acute care provider CarePartners, long-term acute care provider Asheville Specialty Hospital and the region’s only dedicated Level II trauma center. With approximately 12,000 colleagues and 2,000 volunteers, Mission Health is dedicated to improving the health and wellness of the people of western North Carolina. For more information, please visit missionhealth.org or @MissionHealthNC.
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