Healthcare leader joins Commonwealth Care Alliance subsidiary to manage mission-focused investments in disruptive companies that serve individuals with the most significant needs
Boston, MA – April 30, 2024 – Commonwealth Care Alliance (CCA), a mission-driven healthcare services organization offering health plans and care delivery programs designed for individuals with the most significant needs, today announced that Joey Campanelli has joined its Winter Street Ventures® subsidiary as Managing Director.
Winter Street Ventures® (WSV) is an early-stage investment fund and company accelerator that seeks to invest in healthcare focused ventures that align with CCA’s mission and core values to explore creative solutions that improve outcomes for patients, members, and providers. With more than a decade of experience in healthcare, investment banking, venture capital, and healthcare company incubation, Campanelli will lead WSV as it supports companies that service or focus on health plans and/or members. WSV focuses its’ investments on companies seeking to solve problems or fill gaps that will improve the member experience, improve member outcomes, or reduce the cost of care.
“Innovation is at the core of CCA’s DNA, and bringing Joey onto the Winter Street Ventures team underscores our commitment to serving as the incubator to programs that share our mission of better caring for people with the most significant health and social needs,” said Chris Palmieri, President and CEO of CCA. “I look forward to working with Joey as we partner with others to invest in ideas and entities, in markets beyond our own footprint, that have the potential to improve care delivery and healthcare efficiency for a better consumer experience.”
While working at multiple early and late-stage healthcare and technology organizations across the country, Campanelli’s career has focused on successful partnerships with executives, clinicians, providers, creators, and entrepreneurs. Most recently, Campanelli served as the Managing Director and Entrepreneur in Residence at Shields at Home, LLC, a seed-stage company incubated by Shields Health Innovations that partners with health systems to design, implement, and grow hospital at home models. Campanelli also previously worked at Shields Health Innovations and Shields Health Solutions. He earned a master’s degree from Suffolk University’s School of Business, and a Bachelor of Science from Bentley University.