Healthbox, an accelerator focused on healthcare startups, raised $7 million to expand its operations as more money flows into the medical and insurance industries that are searching for ways to improve care and lower costs.
Investors include Health Care Service Corp., the Chicago-based parent of Blue Cross & Blue Shield of Illinois; and Chicago Pacific Founders, a new $500 million private-equity fund headed by former Accretive Health CEO Mary Tolan; and Salt Lake City-based Intermountain Healthcare, which runs a hospital network and insurance provider.