
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 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 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
Latest News
Ballad Health names new innovation, investment executive - Kingsport Times News
Ballad Health names new innovation, investment executive Kingsport Times 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
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
TailorMed announces $40M financing round and more funding news - MobiHealthNews
TailorMed announces $40M financing round and more funding news MobiHealthNews
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
LifeFlow Partners Appoints Mike Huguelet as CEO - Yahoo Finance
LifeFlow Partners Appoints Mike Huguelet as CEO Yahoo Finance
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
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
Daniel Johnson Joins TailorMed as a Board Director - Business Wire
Daniel Johnson Joins TailorMed as a Board Director Business Wire
About Ballad Health

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?

