WindRose Health Investors

WindRose Health Investors is a New York-based private equity firm established in 2000 that specializes in investing in the healthcare services sector. The firm targets mid-market companies with profitable business models that demonstrate the capacity to deliver cost-effective solutions. With a senior investment team that has collaborated for over a decade and possesses more than 80 years of combined experience in the healthcare industry, WindRose is well-positioned to identify promising investment opportunities. The firm leverages its deep domain knowledge and extensive network of industry relationships to foster growth in the companies it partners with. Currently managing over $700 million in capital, WindRose is actively making new investments from its fourth fund and is open to exploring new investment opportunities and collaborating with talented healthcare executives.

Chris Applegate

Associate

Liz Brissie

Vice President

Christopher J. Burnes

Partner

Alexander Buzik

Partner

Hattie Chancy

Associate

Peter J. Crowley

Advisory Partner

Jack L. Dolan

Associate

John F. Faso

Associate

Michael J. Gawlik

Associate

Bren Hall

Principal

Curtis Lane

Founder

David G. Masterman

Vice President

Jack T. McKibben

Associate

Mitchell E. Mccollum

Associate

Kristin Melocik

Vice President

Oliver T. Moses

Managing Partner

Nmesoma N. Nwafor

Associate

Christopher Petrini

Vice President

David Pontius

Partner

Renee Simms

Director of Investor Relations

Michael J. Spiciarich

CFO / CCO

Jacob Stark

Vice President

Culver Sumner

Associate

Peter J. Vitulli

Operating Partner

Byrge II, Charles Webster

Advisory Partner

28 past transactions

Lykan Bioscience

Private Equity Round in 2022
Lykan BioScience, LLC designs and develops outsourced end-to-end production and logistics solutions for pharmaceutical and biotech companies. It offers services such as point-of-care, tech transfer, manufacturing, operations access, quality program, operations management, and supply chain management. The company was founded in 2017 and is based in Phoenix, Arizona.

Revhealth

Private Equity Round in 2022
RevHealth is an independent pharmaceutical advertising agency specializing in healthcare marketing services. The company provides a range of offerings, including planning, advertising, promotion, strategy development, and patient education. By focusing on these areas, RevHealth assists businesses in identifying opportunities within the healthcare sector, enabling them to stay ahead of the competition.

Healthmap Solutions

Venture Round in 2022
Healthmap Solutions, Inc. operates as a specialty chronic care management company that focuses on complex progressive diseases with a particular expertise in kidney health populations. It offers a suite of value-based solutions that include risk-based medical cost management, quality reporting/close care gaps, and risk adjustment/revenue optimization for achieving the clinical and financial goals of health plans, accountable care organizations (ACOs), and provider groups. The company was incorporated in 2013 and is based in Tampa, Florida.

Terrapin Pharmacy

Private Equity Round in 2022
Operator of a closed-door specialized pharmacy intended to serve patients with severe and persistent mental illness (SPMI), intellectual and developmental disabilities (IDD) and substance abuse disorders. The company is engaged in improving the lives of individuals suffering from complex physical and mental disorders who require multiple medications by simplifying the medication management process for patients and healthcare providers, enabling clients with improved medication adherence and care management at competitive costs.

StateServ

Secondary Market in 2021
Founded in 2004 and based in Tempe, AZ, StateServ is a durable medical equipment (DME) provider offering the leading technology-enabled cost containment platform for the post-acute care market. Through a national network of 1,300 DME provider locations, along with 21 Company-owned warehouse facilities, StateServ offers the full spectrum of DME benefit management solutions to more than 550 hospice providers in 46 states. StateServ’s mission is to use technology and optimized processes to help its customers provide the best possible care for patients while giving them the tools they need to save costs and time.

Workplace Options

Private Equity Round in 2021
Workplace Options is the world's leading employee wellbeing provider. Headquartered in Raleigh, N.C., it is a company that provides emotional, physical, and practical support services to employees and their family members across the world.

Bluestone Physician Services

Private Equity Round in 2021
Bluestone Physician Services is a medical practice company that provides geriatrics and integrated care solutions.

Veristat

Private Equity Round in 2021
Veristat, Inc. is a clinical research organization that provides comprehensive support for clinical trials in the pharmaceutical, biotechnology, and medical device sectors. Established in 1994 and headquartered in Southborough, Massachusetts, with additional offices globally, Veristat offers a range of services that include statistical consulting, clinical operations, biometrics, and medical and regulatory affairs. Its expertise encompasses advanced study designs, clinical trial simulation, project management, biostatistics, data management, and medical writing, among others. By focusing on scientific integrity and client relationships, Veristat aims to assist companies, from small startups to large multinationals, in navigating the complexities of clinical development and regulatory submissions for new therapies and medical products.

Curation Health

Series A in 2020
Curation Health, LLC offers a clinical decision support platform designed to facilitate the transition from fee-for-service to value-based care. Founded in 2018 and based in Annapolis, Maryland, the company provides a point-of-care solution that integrates with electronic health records to deliver actionable risk adjustment insights. This platform captures accurate clinical data before and after patient visits, ensuring comprehensive provider documentation. Curation Health's services enhance performance for various healthcare programs, including Medicare Advantage, MSSP, Medicaid risk programs, and quality initiatives based on standard measures. By leveraging clinical and quality rules, the platform aims to improve documentation processes and the overall value of patient care.

Caregiver

Private Equity Round in 2020
Caregiver, Inc.’s extensive industry experience and resources to support advances in care mean we’ll be a constant in your quality care needs. Their values guide our work each day to fulfill our mission to enable people with intellectual and developmental disabilities to lead their unique lives with dignity, independence, and inclusion

Medical Knowledge Group

Private Equity Round in 2020
Medical Knowledge Group LLC, based in New York, offers a range of services including medical communications, healthcare consulting, and data analysis, primarily targeting the biopharmaceutical and biotech industries. The company specializes in designing medical education initiatives across various therapeutic areas such as cardiology, oncology, and diabetes, and focuses on market conditioning for the launch of pharmaceutical brands and new indications. Additionally, it provides services aimed at maximizing formulary access and improving utilization, as well as data retrieval and analysis. Medical Knowledge Group serves a diverse clientele, from niche biotech firms to major industry players, and supports marketing, medical affairs, and stakeholder relations teams throughout the product lifecycle. Established in 2004, the company employs an analytics-driven and technology-enabled approach to enhance the commercial potential of healthcare brands.

Healthmap Solutions

Private Equity Round in 2019
Healthmap Solutions, Inc. operates as a specialty chronic care management company that focuses on complex progressive diseases with a particular expertise in kidney health populations. It offers a suite of value-based solutions that include risk-based medical cost management, quality reporting/close care gaps, and risk adjustment/revenue optimization for achieving the clinical and financial goals of health plans, accountable care organizations (ACOs), and provider groups. The company was incorporated in 2013 and is based in Tampa, Florida.

Lykan Bioscience

Private Equity Round in 2019
Lykan BioScience, LLC designs and develops outsourced end-to-end production and logistics solutions for pharmaceutical and biotech companies. It offers services such as point-of-care, tech transfer, manufacturing, operations access, quality program, operations management, and supply chain management. The company was founded in 2017 and is based in Phoenix, Arizona.

Traditions Behavioral Health

Private Equity Round in 2018
Traditions Behavioral Health provides psychiatric services to adult and child populations in institutional and community-based programs in California. The company also provides inpatient services. Traditions Behavioral Health was founded in 1996 and is based in Napa, California.

Kolmac Clinic

Private Equity Round in 2018
Kolmac Clinic specializes in outpatient rehabilitation and treatment services for adults struggling with alcohol and substance abuse issues. Established in 1973 and based in Columbia, Maryland, the clinic operates in the metropolitan areas of Maryland and Washington, D.C. It offers a range of services, including outpatient detoxification, rehabilitation, and ongoing care, allowing patients to receive necessary treatment while maintaining their work and family commitments. Kolmac Clinic is dedicated to providing accessible and effective support for those seeking recovery from addiction.

Basys

Private Equity Round in 2018
Basys, Inc. is a technology company that specializes in developing benefit administration software products for a variety of clients in the United States and Canada. Founded in 1977 and headquartered in Baltimore, Maryland, Basys provides integrated software solutions for billing, eligibility, claims, and pension administration. The company serves over 2,500 benefit plans, catering primarily to multiemployer funds, third-party administrators, self-insured corporations, and non-profit organizations. Although Basys has a strong focus on the Taft-Hartley industry, its offerings extend to a broader market, allowing benefit plan administrators to operate more efficiently. Additionally, Basys is committed to supporting STEM education initiatives to foster the development of future technology professionals.

Accuity Delivery Systems

Private Equity Round in 2017
At Accuity Delivery Systems (ACCDS), we go beyond traditional Clinical Documentation Improvement (CDI) by taking a holistic approach to documenting, coding, & client education. Our services provide a supportive, collaborative and customizable approach to improving clinical documentation and bridging the gap between clinical care and complete, accurate and compliant coding. Specialties: Improved Clinical Documentation, Improved Clinical Documentation, Revenue Recognition Accuracy, Reduced Audit Risk, Improved Quality & Coordination of Care

Medical Knowledge Group

Private Equity Round in 2017
Medical Knowledge Group LLC, based in New York, offers a range of services including medical communications, healthcare consulting, and data analysis, primarily targeting the biopharmaceutical and biotech industries. The company specializes in designing medical education initiatives across various therapeutic areas such as cardiology, oncology, and diabetes, and focuses on market conditioning for the launch of pharmaceutical brands and new indications. Additionally, it provides services aimed at maximizing formulary access and improving utilization, as well as data retrieval and analysis. Medical Knowledge Group serves a diverse clientele, from niche biotech firms to major industry players, and supports marketing, medical affairs, and stakeholder relations teams throughout the product lifecycle. Established in 2004, the company employs an analytics-driven and technology-enabled approach to enhance the commercial potential of healthcare brands.

Trumpet Behavioral Health

Private Equity Round in 2017
Trumpet Behavioral Health provides services to children and adults with health conditions.

Avadyne Health

Private Equity Round in 2016
Avadyne incorporates technology and knowledge resources to help their customers design and implement the optimal Patient Financial Experience program. If you are seeking a true partner, one that not only delivers consistent results, but one that lives by its mission, vision, and values, take a moment to consider Avadyne.

HCCA International

Acquisition in 2015
HCCA International, Inc. provides management, operations, and recruitment services for hospitals and health care facilities in America. The company offers strategic planning, feasibility studies, staff recruitment and training for nurses and other healthcare professionals, service line development, marketing and volume enhancements, medical and hospital staff competencies assessment and development, quality improvement and risk management, budgeting and cost-containment, space planning, equipmentation, and clinical protocols implementation. It has strategic alliances with Healthcare Staffing International; IFAN Global Pvt., Ltd.; and Philadelphia Bangalore Consulting, Inc. The company was founded in 1973 and is headquartered in Franklin, Tennessee with additional offices in London, England; Manila, the Philippines; and Abu Dhabi, the United Arab Emirates.

TrustHCS

Private Equity Round in 2015
TrustHCS is a health information management (HIM) services and revenue cycle consultancy firm for healthcare providers. TrustHCS effectively manages and protects the revenue integrity of health providers through affordable, on-demand remote coding, coding compliance, audit, cancer registry and educational services. With hospital, clinic and physician practice customers nationwide, TrustHCS ensures correct clinical coding, delivers effective coding compliance programs, conducts audits and supports cancer registries.

Ovation Fertility

Private Equity Round in 2015
Ovation Fertility, founded in 2001 and based in Cincinnati, Ohio, specializes in reproductive medicine, offering a range of services including andrology, embryology, and genetics laboratory services. The company provides diagnostic and treatment options for both male and female infertility, as well as third-party reproduction and genetic screening. Serving clients throughout the Midwest, Ovation Fertility collaborates with clinical leaders in reproductive health to ensure high-quality in-vitro fertilization services and exceptional patient care. As a subsidiary of the Institute for Reproductive Health, Ovation Fertility is committed to advancing reproductive medicine through innovative techniques and a focus on patient outcomes.

MDsave

Series A in 2015
MDSave Incorporated owns and operates an online healthcare marketplace that offers medical products and services in the United States. The company offers medical examiners, such as colonoscopy, CT scan, electrocardiogram, physical therapy, hernia repair, mammogram, MRI, sleep study, ultra sound, and X-ray. It also provides medicines for breast cancer, heart health, colon cancer, obesity, prostate cancer, and other disease conditions. In addition, the company provides access to installment loans for medical expenses. It serves patients, providers, employees, and payers. MDSave Incorporated has a strategic partnership with CareCredit, LLC. The company was incorporated in 2011 and is based in Brentwood, Tennessee.

myNEXUS

Venture Round in 2014
myNEXUS is a healthcare management system that enables doctors to remotely monitor their patients’ health. Using remote, daily monitoring and proven experience myNEXUS combines intelligent technology with compassionate care so that they have more control of their health and greater peace of mind. The company remote digital health system, myLINK2Care remotely monitors the patient's health status daily, and using a proven clinical model, provides immediate responses to identified issues to avoid costly healthcare visits. They also provide special benefits management services by leveraging medical data and best practices to reduce the risk of 30-day readmissions. myNEXUS was founded in 2014 and is based in Brentwood, TN, USA.

MDsave

Seed Round in 2013
MDSave Incorporated owns and operates an online healthcare marketplace that offers medical products and services in the United States. The company offers medical examiners, such as colonoscopy, CT scan, electrocardiogram, physical therapy, hernia repair, mammogram, MRI, sleep study, ultra sound, and X-ray. It also provides medicines for breast cancer, heart health, colon cancer, obesity, prostate cancer, and other disease conditions. In addition, the company provides access to installment loans for medical expenses. It serves patients, providers, employees, and payers. MDSave Incorporated has a strategic partnership with CareCredit, LLC. The company was incorporated in 2011 and is based in Brentwood, Tennessee.

Vital Decisions

Acquisition in 2012
Vital Decisions has specialized in Advance Care Planning Behavioral Science, offering a customized program that integrates technology, interpersonal and family interventions to facilitate more effective advanced illness decision making.Their company mission is to be the force, the catalyst in this country, to fundamentally change how individuals are cared for during an advanced illness. Each year they conduct over 30,000 unique patient engagements, making us by far the most experienced Advance Care Planning specialist in the country.

HealthHelp

Private Equity Round in 2008
HealthHelp Inc is a specialty benefits management company based in Houston, Texas, with additional offices in Albany, New York, and Annapolis, Maryland. Established in 1994, the company focuses on providing management services in areas such as cardiology, oncology, radiology, emergency medicine, sleep care, and pain management. HealthHelp collaborates with payors and providers to optimize patient care, ensuring that individuals receive appropriate treatment in suitable settings. Through its educational and consultative approaches, HealthHelp aims to enhance long-term health outcomes while also contributing to cost reductions within the healthcare system. As of March 2017, HealthHelp operates as a subsidiary of WNS (Holdings) Limited.
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