Memorial Hermann Hospital

Memorial Hermann Hospital is a nonprofit health system based in Houston, Texas, founded in 1907 by Rev. Dennis Pevoto. It operates a comprehensive network that includes hospitals, inpatient rehabilitation facilities, specialty centers, diagnostic labs, imaging centers, and surgery centers. The health system also provides physical and occupational therapy services. In addition to its clinical offerings, Memorial Hermann facilitates an online platform for patients to pay bills and register for classes and events. The organization is supported by the Memorial Hermann Foundation, established in 1969, which aims to enhance community healthcare through financial support and various specialty programs. Memorial Hermann Hospital is dedicated to providing financial assistance and international services to its patients, reflecting its commitment to accessible healthcare for the greater Houston community.

Kris Chikelue

Assistant Vice President, Investments

Joe Dickson

Director of Financial Services

Chris Halaska

Senior Vice President and Chief Investment Officer

Lisa Kendler

Chief Financial Officer

Charles Stokes

Chief Executive Officer

Danielle Villarreal

Director of Investments, Public Markets

5 past transactions

EnableComp

Funding Round in 2022
EnableComp work with over 600 hospitals & health systems nationwide to identify and collect every penny they are entitled to for the services they provide injured workers. Since 2000, their robust proprietary technology has been populated with state fee schedules, clinical and jurisdictional conditions, and payer behavior data for more than $10 Billion worth of workers’ compensation claims. Their Revenue Services team has specialized expertise in working with the payers in this unique and complicated reimbursement class. They speak their language, and have earned their respect and cooperation. They offer a variety of work comp revenue management services to assure our clients have been paid correctly historically, and to see that they receive timely, fair and accurate payment for their current claims.

Clarify Health Solutions

Series D in 2022
Clarify Health Solutions, Inc. operates a data-driven platform designed to enhance patient care by providing real-time insights to patients, clinicians, and care managers. The platform, known as Clarify Episode, facilitates the optimization of care episodes by stratifying patients based on various characteristics and monitoring their progress to detect potential complications early. Key offerings include Care Pilot, a mobile and web-based tool that empowers patients in their care journey; Care Connect, which allows clinicians to monitor and intervene as needed; and Care Prism, which delivers real-time analytics for management. The solutions aim to improve efficiency and personalization in healthcare delivery, enabling health systems to streamline workflows and focus on patients with the greatest needs. Founded in 2015 and headquartered in San Francisco, the company also offers data analytics and change management solutions, forming strategic alliances to enhance its impact in the healthcare sector.

Xealth

Series B in 2021
Xealth Inc. operates a digital health prescribing platform designed to enhance the integration and management of digital health tools within healthcare systems. Founded in 2016 and based in Seattle, Washington, the platform allows clinicians to prescribe and monitor digital health solutions directly from electronic health records (EHR) workflows. This capability enables care teams to identify appropriate digital tools for patients, which can be sent to their smartphones or desktops for easy access. Additionally, Xealth supports patient education and offers services such as ride shares and food delivery. The platform facilitates monitoring of patient engagement, providing insights into the effectiveness of these digital interventions. Originally spun out of Providence St. Joseph Health in 2017, Xealth has attracted investments from various healthcare-focused entities, including McKesson Ventures and Novartis.

Gauss Surgical

Series C in 2018
Gauss Surgical is a med-tech company that develops a vision-based platform for accurate and real-time measurement of surgical blood loss. They develop beautiful applications for iOS backed by sophisticated algorithms and a robust, HIPAA-compliant technical stack to enable real-time monitoring during surgery. The company was incorporated in 2011 and is headquartered in Menlo Park, California.
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