Appalachian Mountains

Investing in Healthcare Innovation

Partnering with visionary founders solving critical healthcare challenges

About Ballad Ventures

The investment arm of Ballad Health, focused on healthcare innovation that improves patient outcomes and operational efficiency

Our Mission

Ballad Ventures is the investment arm of Ballad Health, focused on healthcare innovation that improves patient outcomes and operational efficiency. We partner with early-stage healthcare technology companies that align with our mission to transform healthcare delivery in our region and beyond.

As part of the largest integrated healthcare system in Appalachia, we bring unique insights into the challenges facing modern healthcare providers and the solutions that can make a meaningful difference.

Leadership Team

Mike Anderes
Mike Anderes, FACHE
Managing Director, Ballad Ventures

Mike Anderes is a clinician and healthcare leader who has worked on the front lines of care delivery and led operations across complex health system environments. He has served as a strategist and digital transformation leader at one of the nation's premier academic medical centers, driving technology-enabled change at scale. An entrepreneur with firsthand startup experience, he has also led a corporate venture capital portfolio with investments in 15+ healthcare startups. He has built and led high-performing teams, including a health-system DevOps organization focused on delivering secure, reliable, and scalable digital capabilities.

Bo Wilkes
Bo Wilkes
President, Ballad Ventures

Bo is a healthcare strategist with an entrepreneurial spirit and nearly 15 years of experience in healthcare system strategy, operations, and governance. He leads the Innovation Center for Ballad Health and directs teams focused on innovation and transformation for a 21-hospital network in rural Appalachia.

Investment Approach

We seek to find great people and ideas in their early stages and provide deep operational support alongside financial investment. We know that innovation in health care is not easy but a partnership with Ballad Ventures will help get your startup from early prototype to scale faster.

Investing In

Digital Health, Medtech, Tech-enabled Services, Consumer Health and Wellness, and Health Care Operational Infrastructure

Fund Size

Fund 1 - $10 Million Dollars

Investment Stage

Pre-Seed, Seed, Series A, and Series B companies

Check Size

$500,000 to $1.5M initial investment with reserves for follow-on

Current Portfolio

Innovative healthcare companies transforming patient care and operational efficiency

410 Medical logo

410 Medical is a medical device company that developed the LifeFlow system for rapid fluid resuscitation in critically ill patients. The handheld device allows healthcare providers to deliver blood or saline significantly faster and more effectively than traditional methods to combat shock and sepsis.

EvidenceCare logo

EvidenceCare provides a physician-led clinical decision support platform that is fully integrated into the electronic health record to deliver evidence-based guidance at the point of care. The system optimizes clinician workflows to improve patient outcomes, reduce hospital costs, and capture more revenue.

Homecare Hub logo

Homecare Hub operates a tech-enabled platform that creates small-scale, shared care homes as an affordable alternative to traditional nursing facilities. Their model allows seniors and individuals with complex needs to live in community-based environments while sharing the costs of high-quality care services.

Censinet logo

Censinet offers a cloud-based risk management platform, Censinet RiskOps™, specifically built to manage cybersecurity and third-party vendor risk in the healthcare industry. The platform automates risk assessments and facilitates the secure sharing of risk data across a collaborative network of providers and vendors.

TailorMed logo

TailorMed is a financial navigation technology company that works with health systems and pharmacies to reduce patient financial toxicity and improve access to care. Their platform uses algorithms to identify and enroll patients in financial assistance programs and subsidies to remove barriers to high-cost treatments.

Winter Innovations logo

Winter Innovations is a medical device startup that develops specialized suturing tools to improve outcomes in orthopedic surgery. Their flagship product, the EasyWhip® needle, simplifies and standardizes the whip-stitching technique used for ligament and tendon repairs.

← Scroll to explore our portfolio →

Latest News

Today
Ballad Ventures News

Ballad Health names new innovation, investment executive - Kingsport Times News

Ballad Health names new innovation, investment executive  Kingsport Times News

Related to: Ballad Ventures
3 months ago
Censinet News

Censinet, AHA, and the Scottsdale Institute Launch the 2026 Healthcare Cybersecurity Benchmarking Study - Memorial Care Innovation Fund

Censinet, AHA, and the Scottsdale Institute Launch the 2026 Healthcare Cybersecurity Benchmarking Study  Memorial Care Innovation Fund

Related to: Censinet
11 months ago
Censinet News

Censinet, AWS partner to improve healthcare risk management with AI-powered GRC, cybersecurity solutions - Industrial Cyber

Censinet, AWS partner to improve healthcare risk management with AI-powered GRC, cybersecurity solutions  Industrial Cyber

Related to: Censinet
November 22, 2024
TailorMed News

TailorMed announces $40M financing round and more funding news - MobiHealthNews

TailorMed announces $40M financing round and more funding news  MobiHealthNews

Related to: TailorMed
September 17, 2024
Censinet News

Censinet Launches Wave 4 of The Healthcare Cybersecurity Benchmarking Study - Memorial Care Innovation Fund

Censinet Launches Wave 4 of The Healthcare Cybersecurity Benchmarking Study  Memorial Care Innovation Fund

Related to: Censinet
July 11, 2024
410 Medical News

LifeFlow Partners Appoints Mike Huguelet as CEO - Yahoo Finance

LifeFlow Partners Appoints Mike Huguelet as CEO  Yahoo Finance

Related to: 410 Medical
September 26, 2023
Homecare Hub News

Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform - BetaKit

Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform  BetaKit

Related to: Homecare Hub
January 30, 2023
TailorMed News

TailorMed Deepens Commitment to Healthcare Affordability, Closes 2022 with Demonstrated Growth and Momentum - Business Wire

TailorMed Deepens Commitment to Healthcare Affordability, Closes 2022 with Demonstrated Growth and Momentum  Business Wire

Related to: TailorMed
March 30, 2022
TailorMed News

Daniel Johnson Joins TailorMed as a Board Director - Business Wire

Daniel Johnson Joins TailorMed as a Board Director  Business Wire

Related to: TailorMed

About Ballad Health

Ballad Health System Map

Integrated Community Health Improvement Organization

Ballad Health is an integrated community health improvement organization serving the Appalachian Highlands region with a mission to improve the health and well-being of our communities.

Serving 29 Counties

Our comprehensive healthcare system spans 29 counties across Northeast Tennessee, Southwest Virginia, Northwest North Carolina, and Southeast Kentucky, bringing world-class healthcare to rural Appalachia.

Get in Touch

Ready to share your healthcare innovation with us?

Location

Johnson City, Tennessee