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Martin Ventures Partners with Healthcare Sharing Program for Innovation in Healthcare Payment ModelsMartin Ventures and Christian Care Ministry, home of the Medi-Share® healthcare sharing program, are collaborating to develop projects that will transform healthcare through innovative solutions that "do good to do well." The organizations hope to combine their unique approach to entrepreneurship and the sharing economy to solve existing and emerging challenges related to healthcare delivery, access, and payment. "We're looking forward to this collaboration," said Charles Martin, Jr., Chairman of Martin Ventures. "Christian Care Ministry's Medi-Share program has allowed their members to share more than $1 billion of one another's medical bills while working to improve their health." Ted Squires, CEO of Christian Care Ministry agreed. "Martin Ventures is a natural partner for us due to their integrity, focus on innovation, and dedication to excellence. Together, we can transform the way healthcare is delivered and paid for, and that's vitally important given the U.S. healthcare industry's ongoing challenges." The two organizations were brought together by IQ Orlando, a consortium dedicated to launching and growing innovative life-sciences companies. "We saw great synergy between these two organizations," said Des Cummings, Jr., President of the Florida Hospital Foundation. "There is great power in collaboration, and IQ Orlando was uniquely positioned to connect Martin Vntures and Christian Care Ministry. We're looking forward to supporting them as they develop groundbreaking models for healthcare delivery and payment." Martin Ventures provides capital, operational support and mentoring to assist entrepreneurs who want to be catalysts for change. Focusing primarily on healthcare and technology initiatives, Martin Ventures' unique approach allows the leadership of their portfolio companies to more acutely focus on the optimal execution of their vision and strategy while quickly scaling and growing their businesses into successful, profitable organizations. For more information, visit www.martinventures.com. Christian Care Ministry is home to the Medi-Share healthcare sharing program, which connects members to directly and voluntarily share each other's medical bills. Since its inception in 1993, Medi-Share members have shared more than $1 billion of one another's medical bills through a patented "Virtual Sharing Exchange" that leverages principles of the sharing economy to facilitate peer-to-peer sharing of medical bills. For more information, visit www.mychristiancare.org. IQ Orlando is harnessing Orlando's best resources to invent the future of healthcare. With collaboration as a guiding principle, IQ Orlando assists companies in the development of value-driven life science products by facilitating research and development, providing access to facilities for incubators and accelerators, and coordinating training and development efforts. For more information, visit www.iqrlando.com. View source version on businesswire.com: http://www.businesswire.com/news/home/20170221005112/en/ |
