Bio 9 Ventures turning many hospitals to cluster relationships to gain the benefits of diversification without the troubles of increased capital costs and management conflicts. The goal of healthcare clusters is to provide a continuum of care to a defined geographic region through integration of referral and payment systems.
Bio 9 Ventures backed Healthcare Clusters are generally an independent organization of hospitals, clinics, medical professionals, academia and the government in a specific city, state, or region. A healthcare cluster is funded by all the participants in the healthcare cluster and represents the interests of all the members; the cluster may also be supported by government funding.
Carefully targeted collective action by the members of the Healthcare Cluster often produces results that individual members are incapable of obtaining by themselves.