Acacia Venture Partners

Acacia Venture Partners was a venture capital firm based in San Francisco, California, with an additional office in Bethesda, Maryland. Founded in 1995, the firm specialized in investing in seed, start-up, and early-stage companies, primarily within the healthcare sector. Its investment focus included healthcare service companies, life sciences, information technology firms, and medical companies that addressed various aspects of the healthcare industry. Acacia Venture Partners targeted companies located in the United States, aiming to support innovative solutions and advancements in healthcare and technology. However, the firm is no longer in operation.

Brian Roberts

Principal

17 past transactions

Vericare

Series B in 2007
Vericare Management Inc. specializes in providing behavioral healthcare and wellness programs tailored for elderly patients in skilled nursing facilities and long-term care settings across the United States. Founded in 1991 and based in San Diego, California, the company offers a range of services including neuropsychological assessments, individual psychotherapy, psychotropic medication management, behavior management, rehabilitation support, family therapy, and group therapy. Vericare Management serves patients in several states, including California, Pennsylvania, Texas, New Jersey, Florida, Indiana, Delaware, Tennessee, and North Carolina. Previously known as Senior Psychology Services, the company has been functioning as a subsidiary of Med Options, Inc. since 2016.

Vericare

Series B in 2006
Vericare Management Inc. specializes in providing behavioral healthcare and wellness programs tailored for elderly patients in skilled nursing facilities and long-term care settings across the United States. Founded in 1991 and based in San Diego, California, the company offers a range of services including neuropsychological assessments, individual psychotherapy, psychotropic medication management, behavior management, rehabilitation support, family therapy, and group therapy. Vericare Management serves patients in several states, including California, Pennsylvania, Texas, New Jersey, Florida, Indiana, Delaware, Tennessee, and North Carolina. Previously known as Senior Psychology Services, the company has been functioning as a subsidiary of Med Options, Inc. since 2016.

InTouch Health

Series C in 2005
InTouch Health’s mission is to provide a Telehealth Network and Services to support access and delivery of high-quality clinical care to any patient at any time, while reducing overall costs of care. Their senior management and staff are devoted to leveraging their combined experience in telemedicine, telecommunications, healthcare products and services, and robotics to assist health systems to deploy telehealth programs quickly and seamlessly.InTouch Health is evolving its business model from “acute care clinical services” focus to an enterprise “care-anywhere” model by offering a complete portfolio of software, hardware, connectivity, and services that meets all telehealth needs.

TargetRx

Series D in 2005
TargetRx provides pharmaceutical and biotech companies with unique insight into the true drivers of product choice and adoption for their brands, so that they can confidently take the actions that will grow their businesses and help patients. They offer a suite of solutions that extends from the pipeline through patent expiry.

InTouch Health

Series B in 2004
InTouch Health’s mission is to provide a Telehealth Network and Services to support access and delivery of high-quality clinical care to any patient at any time, while reducing overall costs of care. Their senior management and staff are devoted to leveraging their combined experience in telemedicine, telecommunications, healthcare products and services, and robotics to assist health systems to deploy telehealth programs quickly and seamlessly.InTouch Health is evolving its business model from “acute care clinical services” focus to an enterprise “care-anywhere” model by offering a complete portfolio of software, hardware, connectivity, and services that meets all telehealth needs.

TargetRx

Series C in 2003
TargetRx provides pharmaceutical and biotech companies with unique insight into the true drivers of product choice and adoption for their brands, so that they can confidently take the actions that will grow their businesses and help patients. They offer a suite of solutions that extends from the pipeline through patent expiry.

TargetRx

Series C in 2001
TargetRx provides pharmaceutical and biotech companies with unique insight into the true drivers of product choice and adoption for their brands, so that they can confidently take the actions that will grow their businesses and help patients. They offer a suite of solutions that extends from the pipeline through patent expiry.

Skire

Series B in 2001
Skire is the global industry leader in providing cloud-based solutions for managing capital projects, facilities and real estate. Skire's Unifier system has helped manage over $300 billion in capital projects and over three billion square feet of facilities and real estate. From Global Fortune 1000 companies, including five of the Fortune 10, to universities, local municipalities and small businesses, organizations of all sizes utilize their best-in-class system to improve operations, reduce costs and enhance service delivery.

LabVelocity

Series B in 2000
LabVelocity is specialized in providing content management, e-business, and e-marketing solutions to suppliers of laboratory research products. Founded in 1999, the company is based in San Francisco, California.

Lifespire

Venture Round in 2000
Lifespire was created in late 1999 through the merging of 2 companies: Vida Healthcare and inspiria.com. Vida Healthcare, formed in 1996, has worked with hundreds of oncology doctors, nurses and allied health professionals to improve cancer care. Lifespire Their vision is to improve care through shared knowledge. But what does that mean to you, the patient, and your circle of family and friends They serve? It means that They are giving you and the ones closest to you -- your circle of care -- a resource for gathering credible knowledge, support and understanding of your experience with cancer. Some of you may have known us when They were Vida Healthcare. In Their four years as Vida, They delivered clinical support and education services to over 4,000 people experiencing cancer. Now They're bringing that experience and understanding to you. They're doing this in partnership with companies committed to improving the treatment of cancer. And They're using Lifespire.com as Their forum for delivery.

WellMed

Venture Round in 2000
WellMed, a privately held Portland company developing software for web-based management of health records and health insurance information.

Payerpath

Venture Round in 2000
Payerpath is a prominent provider of revenue cycle management and clearinghouse services in the United States, processing over 300 million claims annually and a total of 600 million revenue cycle transactions. The organization is affiliated with more than 150,000 physicians, which lends it substantial credibility and experience in the healthcare sector. Payerpath boasts a first-time pass rate of 98% for claims, significantly surpassing the industry average of 90-92%. The company offers a comprehensive suite of internet solutions that address all aspects of the reimbursement cycle, assisting physician practices, clearinghouses, and payers in enhancing their reimbursement and claim management processes. By providing tools for claims management, insurance eligibility verification, and remittance management, Payerpath enables healthcare organizations to achieve cleaner claims and faster payments, ultimately facilitating success in the business of healthcare.

MDeverywhere

Venture Round in 2000
MDEverywhere provides revenue cycle management and electronic medical record solutions for physicians in the United States. It offers Practice 1st, a cloud-based RCM system; a suite of practice management solutions; and an EMR solution that allows physicians to manage their administrative, financial, and clinical workflows. The company also provides medical billing services such as electronic eligibility verification, patient recalls, appointment reminder function, claim submission, payment posting, denial management, and patient payment portal execution services; and enrollment and CVO comprehensive credentialing services for independent physician practices, hospital-based groups, facilities, and health plans. MDEverywhere has strategic partnerships with Henry Schein MicroMD, Transworld Systems, National Distribution & Contracting Incorporation, TrainRX, and Kirschenbaum & Kirschenbaum. The company is based in Durham, North Carolina.

Simpata Inc

Series B in 2000
Simpata Inc is a software company that provides its clients with internet-based application services of employee human resources.

Embion

Venture Round in 2000
Embion is an e-commerce company based in Minneapolis, Minnesota, specializing in procurement automation for non-hospital-based healthcare providers. The company offers a platform that connects medical clinics and independent physicians with suppliers of surgical, office, and pharmaceutical products. By creating a provider-centric and supplier-neutral environment, Embion enables suppliers, particularly those unable to send sales representatives to smaller or rural clinics, to effectively market their products online. This approach enhances accessibility for healthcare providers, facilitating their procurement processes and ensuring they have the necessary supplies to operate efficiently.

Net32

Venture Round in 2000
Net32, Inc. operates a business-to-business online comparison shopping marketplace specifically designed for the dental industry. The platform allows dentists to efficiently purchase a wide range of dental supplies, equipment, and services, including anesthetic products, infection control items, orthodontic products, and laboratory supplies. By streamlining the purchasing process, Net32 enables dental practices to reduce their overhead costs, which can significantly enhance profitability. Founded in 1997 and based in Cary, North Carolina, the company was originally named SimShop, Inc. before rebranding in 1999. Net32 aims to empower dentists to take control of their expenses and improve their financial performance by offering competitive pricing and a comprehensive selection of dental products.

MDeverywhere

Venture Round in 1999
MDEverywhere provides revenue cycle management and electronic medical record solutions for physicians in the United States. It offers Practice 1st, a cloud-based RCM system; a suite of practice management solutions; and an EMR solution that allows physicians to manage their administrative, financial, and clinical workflows. The company also provides medical billing services such as electronic eligibility verification, patient recalls, appointment reminder function, claim submission, payment posting, denial management, and patient payment portal execution services; and enrollment and CVO comprehensive credentialing services for independent physician practices, hospital-based groups, facilities, and health plans. MDEverywhere has strategic partnerships with Henry Schein MicroMD, Transworld Systems, National Distribution & Contracting Incorporation, TrainRX, and Kirschenbaum & Kirschenbaum. The company is based in Durham, North Carolina.
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