University Hospitals names Melissa Cohen VP of venture development at UH Ventures
Cleveland-based University Hospitals has named Melissa Cohen vice president of venture development and investment at UH Ventures, the system's innovation and commercialization arm, according to a Sept. 16 news release shared with Becker's Hospital Review.
The role is newly created. Cohen will oversee the design, operation and deployment of UH Ventures' investment vehicles, with responsibilities spanning fund strategy and governance, investment and portfolio management, new venture formation, capital development and strategic partnerships, per Becker's.
She will also work with University Hospitals' finance leadership to align venture investments, company formation and portfolio strategy with the system's long-term financial and strategic goals.
Cohen most recently was chief innovation and transformation officer at Centralus Health System, formerly Cayuga Health, where she led clinical and administrative transformation, helped develop the system's digital and AI strategy, and worked on new business development. She previously built and led the venture fund at Evanston, Ill.-based Endeavor Health, formerly NorthShore-Edward-Elmhurst Health, with investments in digital health, software, medical devices and healthcare services.