OSF HealthCare and Jump To Work With MATTER To Revolutionize Health Care

OSF HealthCare and Jump Trading Simulation and Education Center have joined MATTER as founding partners. MATTER is a new hub of entrepreneurs and industry leaders working together to fuel the future of healthcare innovation including next-generation health IT, medical device, diagnostics, and biopharmaceutical companies.  

As part of its partnership, OSF and Jump - which join MATTER as its exclusive founding health care system and clinical simulation center partners - will design simulation space within MATTER’s Chicago location for health care innovators to test products and processes.

In addition, OSF and Jump will be involved in special innovation programming that happens at MATTER – workshops, presentations, and classes. OSF and Jump staff will advise entrepreneurs and assist in the development of new health care innovations. This will give them a first-hand look at emerging technologies and the chance to impact the development of products that eventually may be instituted throughout the OSF ministry.

MATTER is a not-for-profit organization developed by a team of entrepreneurs and industry leaders and supported by the state of Illinois. It recently secured private-sector commitments of over $4 million which complements the $2.5 million grant and $1.5 million loan provided by the State of Illinois, and means that MATTER will launch with an initial capital commitment of more than $8 million.

MATTER is scheduled to open in early 2015 and is currently accepting applications for membership which includes access to MATTER’s mentor network, workshops and events designed to help entrepreneurs and innovators accelerate the growth of their companies. MATTER will also provide space to venture capital firms, research universities, healthcare providers and established companies.

Jump Trading Simulation & Education Center is a collaboration of OSF HealthCare and the University of Illinois College of Medicine at Peoria. Located in Peoria, Ill. the virtual medical training center combines actual medical equipment and the latest simulation technology for better education, performance training and research. Jump also is a training- and testing-ground for medical innovations and research. Jump’s mission: to improve patient health outcomes and lower health care costs.  

OSF HealthCare, an integrated health system owned and operated by The Sisters of the Third Order of St. Francis, Peoria, Illinois, includes OSF Healthcare System consisting of nine acute care facilities and two colleges of nursing. It also has a physician organization, OSF Medical Group. To align more closely our care delivery system with physicians we developed clinical service lines in cardiovascular services, neurosciences and pediatrics. We employ almost 700 physicians and nearly 300 mid-level providers operating in more than 90 office sites.  OSF HealthCare operates an extensive network of home health services known as OSF Home Care Services and also owns OSF Saint Francis, Inc., comprised of health care-related businesses, and OSF Healthcare Foundation, the philanthropic arm for OSF Healthcare System and OSF Home Care Services.

Shelli Dankoff, Senior Media Relations Specialist
OSF Saint Francis Medical Center 309.655.3897