How It Works: Investing in Hospital AI and Advanced Medicine Projects on PSN
- Jorge Maisonet-Colon
- Nov 11, 2024
- 4 min read
Welcome to PSN, the platform where investors can discover transformative hospital projects that focus on AI and advanced medicine innovations. All projects listed here are raising funds on StartEngine, where hospitals have submitted their campaigns to drive support for medical advancements. Below, we outline how PSN connects you with these innovative projects and how you can become an investor.
Step 1: Browse Hospital Projects on PSN
Explore Project Listings: PSN hosts projects submitted by hospitals across the nation, focusing on AI-driven and advanced medicine initiatives. Each listing on PSN provides a descriptive title to help you select what project to explore in more detail.
Visit StartEngine for Details: Each project listed on PSN includes a link to its StartEngine campaign page, where you’ll find in-depth details about the project, its financials, and investment opportunities. This is also where all transactions are securely processed.
Step 2: Review Project Information on StartEngine
Once on StartEngine, you’ll have access to extensive information for each hospital project:
Campaign Overview: StartEngine hosts comprehensive descriptions of each project’s objectives, the impact AI and advanced medicine can have on healthcare, and the potential benefits of supporting these innovations.
Financials and Terms: Project financial information and terms are accessible on StartEngine under each campaign’s “Terms” tab or through linked offering circulars for Regulation Crowdfunding (CF) and Regulation A+ projects.
Funding Goals and Communication: If you have any questions, the “Comments” section on StartEngine’s campaign page lets you communicate directly with the project team.
Step 3: Choose Your Investment Type
Hospital projects on StartEngine typically use one of the following structures:
Common Stock: Buying common stock means acquiring ownership in the hospital’s AI or advanced medicine project, offering the potential for growth aligned with the project’s success.
Convertible Notes or Debt: These options allow hospitals to raise capital that may convert to equity depending on the project’s performance, offering flexibility for both investors and project teams.
Each type of security has unique benefits, and you can find more details on StartEngine to help you make an informed decision.
Step 4: Determine Your Investment Eligibility
Confirm your status as an accredited or non-accredited investor before investing:
Accredited Investors: Investors with a net worth of at least $1 million (excluding primary residence) or an annual income of at least $200,000 individually or $300,000 with a spouse qualify as accredited.
Non-Accredited Investors: For those who don’t meet the accredited criteria, annual investment limits apply based on your income or net worth. Regulations CF and A+ outline these limits and provide guidance to help you invest responsibly.
StartEngine specifies investment limits for each type of investor, so be sure to review these before committing to a project.
Step 5: Complete Your Investment
Submit an Indication of Interest: For projects that reach their maximum funding goal, you can submit an indication of interest to join a waitlist. This non-binding commitment reserves your place in line if additional funding opportunities become available.
Finalize Your Investment: Once confirmed, sign the binding subscription agreement within 72 hours to complete your investment. StartEngine handles all transactions, ensuring a secure and straightforward process.
Waitlist Notifications: If a project is oversubscribed, StartEngine will notify you when a spot opens. Complete the agreement promptly to secure your investment in the project.
Step 6: Stay Involved and Track Your Investment
Through StartEngine, you can monitor your investments, follow project updates, and consider opportunities to participate in additional funding rounds. Follow the project’s updates to stay informed on AI and advanced medicine advancements as they develop.
Why Invest in AI and Advanced Medicine Hospital Projects?
Investing in hospital projects focused on AI and advanced medicine supports healthcare innovations that have the potential to improve diagnostics, patient care, and treatment planning. Unlike traditional crowdfunding, you’re investing in high-impact solutions rather than products, allowing you to contribute to projects that may fundamentally change healthcare.
Your investment helps hospitals drive AI and advanced medicine projects forward, positioning them for breakthroughs that can redefine patient outcomes on a large scale.
Frequently Asked Questions
How much can I invest? StartEngine defines investment limits based on investor status, income, and net worth. Detailed guidelines for non-accredited investors are available on StartEngine.
What if a project doesn’t reach its funding goal? If the project doesn’t reach its minimum funding target, StartEngine will return all funds to investors within 10 business days of the offering’s close date.
How can I contact the project team? Use the “Comments” section on StartEngine to engage directly with the project team, ask questions, and stay connected with their progress.
What is the waitlist process? If you’re on a waitlist, StartEngine will alert you when a spot opens up. You’ll have 72 hours to finalize your agreement and confirm your investment.
Investing through PSN on StartEngine gives you the chance to support hospital projects advancing AI and cutting-edge medical technologies. Join us in pioneering the future of healthcare by exploring and investing in these impactful projects.
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