Health Enterprise Partners

Health Enterprise Partners (HEP) is a private equity and venture capital firm established in 2006 and based in New York. The firm specializes in investing in healthcare services and healthcare information technology, focusing on companies that cater to hospital systems and health plans. HEP targets various sectors within healthcare, including care coordination, analytics, clinical decision support, consumer engagement, and management of chronic conditions. The firm typically makes equity investments ranging from $5 million to $15 million, with the potential for larger investments alongside co-investors. HEP prefers to acquire significant minority or majority ownership positions and often seeks board representation in its portfolio companies. The firm does not invest in pre-revenue companies and emphasizes opportunities in later-stage and growth equity investments within the healthcare sector.

Daniel M. Cain

Co-Founder and Managing Partner

Tom Cassels

Executive Partner

Vita Cassese

Executive Partner

Natasha Deckmann

Executive Partner

Culver Duquette

Associate

Jessie Laurash

Principal and Investor

Roland Lyon

Executive Partner

Ezra Mehlman

Managing Partner

Kenneth Paulus

Executive Partner

David Rauber

Senior Associate

John Royall

Principal

Kulmeet Singh

Operating Partner

Tracy South

Operating Partner

Dave Tamburri

Managing Partner

David Tamburri

Managing Partner

Pete Tedesco

Managing Partner

Lynn Weld

CFO

34 past transactions

PatientIQ

Series B in 2022
PatientIQ is a platform for healthcare providers, industry partners, researchers, and others to improve patient outcomes. The company offers a cloud-based platform couples industry-leading patient engagement technology with research quality advanced analytics. It was founded in 2016 and based in Chicago, Illinois.

Proven Behavior Solutions

Private Equity Round in 2022
Provider of autism spectrum disorder ("ASD") treatment, aiming to improve the lives of children, adolescents and young adults. The company specializes in applied behavior analysis (ABA) therapy, speech-language therapy, occupational therapy, special education advocacy services and assistive technology, thereby treating patients with acute autism disability.

Wildflower Health

Venture Round in 2022
Wildflower Health, Inc. is a San Francisco-based company that provides smartphone-based health programs designed to help healthcare payers connect with families across the United States. Its flagship offering, Due Date Plus, is a maternity program that engages women in early pregnancy and facilitates connections with healthcare providers or care managers. Additionally, Wildflower Health offers GROW, a family health program that addresses the needs of mothers and pediatric health. The company delivers tailored health milestones for families based on age and gender, along with features such as client resource integrations, on-device messaging, appointment reminders, health risk assessments, and clinical program referrals. Founded in 2012, Wildflower Health aims to enhance user engagement and improve healthcare experiences through innovative technology and design.

NOCD

Series B in 2021
NOCD Inc. is a Chicago-based company that operates a mobile application designed to connect individuals with obsessive-compulsive disorder (OCD) to licensed mental health practitioners. Founded in 2014, the platform leverages cognitive behavioral therapy techniques, specifically exposure and response prevention exercises, to help users manage their symptoms. The application facilitates face-to-face video therapy sessions with therapists who specialize in OCD, while also providing 24/7 support through self-help tools and peer communities. NOCD aims to enhance the treatment experience for OCD patients by offering clinically supported resources and a comprehensive online platform dedicated to treatment and self-monitoring.

Kno2

Series A in 2021
Kno2 is a developer of a cloud-based health information platform that facilitates the electronic exchange of patient information. The platform is designed to organize, manage, share, and capture unstructured patient data from various sources, including paper documents, faxes, and digital images. By converting this information into the appropriate format, Kno2 ensures that healthcare providers can access it through patient portals. This capability enables providers to make timely and critical medical decisions, improving patient care and streamlining healthcare communication.

Aware Recovery Care

Private Equity Round in 2021
Aware Recovery Care is a healthcare company provides innovative in-home approach to addiction treatment is revolutionizing the industry.

NOCD

Series A in 2020
NOCD Inc. is a Chicago-based company that operates a mobile application designed to connect individuals with obsessive-compulsive disorder (OCD) to licensed mental health practitioners. Founded in 2014, the platform leverages cognitive behavioral therapy techniques, specifically exposure and response prevention exercises, to help users manage their symptoms. The application facilitates face-to-face video therapy sessions with therapists who specialize in OCD, while also providing 24/7 support through self-help tools and peer communities. NOCD aims to enhance the treatment experience for OCD patients by offering clinically supported resources and a comprehensive online platform dedicated to treatment and self-monitoring.

Access Physicians

Series A in 2019
Access Physicians is a multispecialty physician group that provides inpatient telemedicine. Each day, countless Americans go without the care they need due to an inability to access a physician. Access Physicians seeks to systematically improve and regionalize patient care, delivered through a truly unique combination of clinical workflows, elite physicians committed to clinical excellence, and a world-class telemedicine experience supported with a clinical sense of urgency. It was founded in 2011 and is headquartered in Dallas, Texas.

Twistle

Series A in 2019
Twistle, Inc. is a healthcare technology company that provides a patient engagement platform designed to enhance communication between healthcare providers and patients. The platform automates proactive conversations and streamlines care pathways, enabling clinical teams to efficiently monitor patient progress and facilitate follow-up actions only when necessary. By integrating with electronic health records (EHRs) and utilizing predictive analytics, Twistle's platform allows for the creation and deployment of surveys that collect patient data, enabling timely responses to patient concerns. The company aims to improve patient outcomes, reduce morbidity and readmission rates, and lower healthcare costs through its innovative solutions. Founded in 2010 and headquartered in Albuquerque, New Mexico, Twistle serves as a vital tool for healthcare providers to support patients on their recovery journeys.

AllyAlign Health

Corporate Round in 2019
AllyAlign Health, Inc. is a care management company dedicated to supporting patients with chronic and complex medical conditions. Founded in 2013 and based in Glen Allen, Virginia, the company utilizes an active care management platform that facilitates real-time, collaborative care across various boundaries. This platform connects patients with care teams, providers, and home and community-based services, ensuring access to vital health information, care plans, and benefits needed for informed decision-making. Users can easily view, share, create, and update information according to their roles, with mobile and web-based options available for convenient access. The company maintains a central, HIPAA-compliant database that integrates information from diverse sources, such as electronic health records, lab tests, and pharmacy data, while employing semantic data modeling to present meaningful clinical insights.

Bardy Diagnostics

Series B in 2019
Bardy Diagnostics, Inc. is a medical device company that specializes in the development and manufacturing of cardiac monitoring solutions, primarily focused on arrhythmia detection. Its flagship product, the Carnation Ambulatory Monitor (CAM), is a lightweight, discreet cardiac patch that can be worn comfortably for up to seven days, even during physical activities like exercise or showering. The CAM is designed with a unique hourglass shape to enhance comfort, particularly for female patients. Complementing the monitor is the BDxCONNECT patient management system, which allows healthcare providers to create and manage patient reports efficiently. By utilizing innovative P-wave centric ECG detection technology, Bardy Diagnostics aims to improve clinical management and outcomes for patients and their physicians. Founded in 2013, the company is headquartered in Seattle, Washington, with additional offices in Houston, Texas, and New Providence, New Jersey.

Payer Compass

Private Equity Round in 2019
Payer Compass, LLC develops and provides healthcare reimbursement, cost containment, and price transparency solutions. The company offers VISIUM, healthcare pricing engine and contract management solution; BENCHMARK, data and analytics reporting tool; NAVIGATOR, patient advisory solution; and INNOVATE360, reference-based pricing and reimbursement tool. It caters to self-insured employers, third-party administrators, brokers, reinsurers , Medicare advantage plans, healthcare management organizations, public entities, and claim auditors. Payer Compass, LLC was founded in 2013 and is headquartered in Plano, Texas.

Jvion

Private Equity Round in 2019
Jvion, Inc. is a healthcare technology company based in Johns Creek, Georgia, that specializes in software solutions designed to predict and prevent diseases at the patient level, as well as mitigate financial losses for healthcare providers. Its flagship product, RevEgis, utilizes big data and machine learning to provide predictive analytics that assist hospitals, accountable care organizations, and integrated delivery networks in enhancing patient outcomes and protecting revenue. The software can forecast various healthcare challenges, including clinical waste, disease progression, infection control, readmissions, and avoidable emergency room visits. Additionally, Jvion's AI-enabled prescriptive analytics identifies high-risk patients and recommends effective interventions, thereby streamlining clinical actions and reducing overall healthcare costs. Founded in 2011, Jvion continues to innovate in the realm of healthcare analytics.

AxiaMed

Private Equity Round in 2018
AxiaMed is a healthcare financial technology company based in Santa Barbara, California, founded in 2013. It specializes in developing a SaaS-based payment integration platform that enhances the financial performance of healthcare providers. By partnering with independent software vendors, AxiaMed offers secure patient payment solutions integrated into various healthcare applications, including electronic health records and practice management systems. Its technology facilitates interoperability and expands payment options, thereby streamlining administrative workflows and reducing bad debt. The platform supports multiple payment methods and transaction types through a single API, enabling healthcare institutions to improve their payment systems and overall financial operations.

Wildflower Health

Series C in 2018
Wildflower Health, Inc. is a San Francisco-based company that provides smartphone-based health programs designed to help healthcare payers connect with families across the United States. Its flagship offering, Due Date Plus, is a maternity program that engages women in early pregnancy and facilitates connections with healthcare providers or care managers. Additionally, Wildflower Health offers GROW, a family health program that addresses the needs of mothers and pediatric health. The company delivers tailored health milestones for families based on age and gender, along with features such as client resource integrations, on-device messaging, appointment reminders, health risk assessments, and clinical program referrals. Founded in 2012, Wildflower Health aims to enhance user engagement and improve healthcare experiences through innovative technology and design.

Bardy Diagnostics

Series A in 2017
Bardy Diagnostics, Inc. is a medical device company that specializes in the development and manufacturing of cardiac monitoring solutions, primarily focused on arrhythmia detection. Its flagship product, the Carnation Ambulatory Monitor (CAM), is a lightweight, discreet cardiac patch that can be worn comfortably for up to seven days, even during physical activities like exercise or showering. The CAM is designed with a unique hourglass shape to enhance comfort, particularly for female patients. Complementing the monitor is the BDxCONNECT patient management system, which allows healthcare providers to create and manage patient reports efficiently. By utilizing innovative P-wave centric ECG detection technology, Bardy Diagnostics aims to improve clinical management and outcomes for patients and their physicians. Founded in 2013, the company is headquartered in Seattle, Washington, with additional offices in Houston, Texas, and New Providence, New Jersey.

Catapult Health

Series B in 2016
Catapult Health, LLC, established in 2010 and based in Dallas, Texas, specializes in providing worksite preventive checkup services. The company offers comprehensive checkups that include diagnostic blood work, personalized health reports, and private consultations with licensed nurse practitioners. By utilizing on-site diagnostic testing and a virtual check-up platform, Catapult Health helps identify health risks such as diabetes, hypertension, and heart disease. This approach not only enhances patient engagement but also significantly reduces healthcare costs for both employees and employers, making preventive healthcare more accessible.

SHYFT

Series B in 2016
SHYFT is an integral part of the life sciences ecosystem and as the market undergoes a dramatic transformation to deliver more personalized and value-based medicine, the role of SHYFT has never been more important. The SHYFT Platform helps life science companies integrate clinical and commercial data and translate it into patient-centric intelligence and analytics for use across functional groups, shortening development cycles and commercialization activities while improving the probability of success.

Evariant

Series C in 2016
Evariant, healthcare’s only Patients for Life Platform, enables providers to optimize growth through smarter patient acquisition and retention. Our customers achieve indisputable value through high-value service line growth, improving provider network utilization and planning, and extending patient lifetime value. Our solutions deliver actionable intelligence that enable healthcare providers to find, guide, and keep patients for life. Evariant is the trusted advisor to leading healthcare systems, representing over 1000 hospitals nationwide.

Jet Health

Series A in 2016
JET Health Solutions is a healthcare technology company focused on providing smart solutions for healthcare payers across the country. Our flagship product, JET Insure, is a quote-to-card (Q2C) insurance automation platform that provides individual/family plans, group plans, stop-loss/self-funded options, and specialty products on a single, cloud-based solution.

Applied Pathways

Series A in 2016
Applied Pathways LLC is a healthcare technology company based in Schaumburg, Illinois, founded in 2010. It specializes in a cloud-based platform that facilitates the management of evidence-based and knowledge-based processes within healthcare organizations. The platform allows clinical experts and business analysts to collaboratively create and curate clinical rules, customize workflows, and deploy innovations efficiently. It aims to reduce unwanted variance in care decisions, thereby improving quality and patient outcomes. The company serves a diverse range of clients, including academic medical centers, health systems, accountable care organizations, health plans, pharmacy benefit managers, and healthcare service providers. As of August 2017, Applied Pathways operates as a subsidiary of American Imaging Management, Inc.

Evariant

Series C in 2015
Evariant, healthcare’s only Patients for Life Platform, enables providers to optimize growth through smarter patient acquisition and retention. Our customers achieve indisputable value through high-value service line growth, improving provider network utilization and planning, and extending patient lifetime value. Our solutions deliver actionable intelligence that enable healthcare providers to find, guide, and keep patients for life. Evariant is the trusted advisor to leading healthcare systems, representing over 1000 hospitals nationwide.

InDemand Interpreting

Venture Round in 2015
InDemand Interpreting is a medical interpretative service company,working to bridge the language gap for patients. Our company is built around nationally certified medical interpreters who support healthcare encounters via video remote, in person or over the phone. Started in 2007, our company pioneered the use of video remote technology for interpreting in healthcare.

Privia Health

Private Equity Round in 2014
Privia Health, LLC is a physician practice management and population health technology company based in Arlington, Virginia. Established in 2007, it focuses on enhancing healthcare delivery through its collaboration with physician groups, health plans, and national payers. Privia Health operates a high-performance physician group and an accountable care organization, utilizing a proprietary cloud-based technology platform to improve patient engagement and promote wellness. The company's approach aligns reimbursements with quality outcomes, aiming to keep populations healthy and effectively manage diseases. Privia Health has formed strategic alliances with organizations such as Premier Medical Group and Children’s Health, further strengthening its commitment to delivering high-value care. As a subsidiary of Brighton Health Services Holdings Corp, Privia Health continues to innovate in the healthcare sector.

HealthQx

Series A in 2014
HealthQX, founded in 2012 and based in King of Prussia, Pennsylvania, specializes in value-based payment analytic software solutions tailored for health plans and providers. The company's primary offering, ClarityQx, is a comprehensive analytics platform designed to facilitate the design, implementation, and ongoing performance monitoring of various payment models, including episodic, bundled, and accountable care arrangements. This platform provides users with drill-down dashboards that enhance provider engagement and streamline contract negotiation processes. By enabling quick access to critical payment analytics, HealthQX aims to improve consumer care and reduce medical costs within the healthcare industry.

AllyAlign Health

Private Equity Round in 2014
AllyAlign Health, Inc. is a care management company dedicated to supporting patients with chronic and complex medical conditions. Founded in 2013 and based in Glen Allen, Virginia, the company utilizes an active care management platform that facilitates real-time, collaborative care across various boundaries. This platform connects patients with care teams, providers, and home and community-based services, ensuring access to vital health information, care plans, and benefits needed for informed decision-making. Users can easily view, share, create, and update information according to their roles, with mobile and web-based options available for convenient access. The company maintains a central, HIPAA-compliant database that integrates information from diverse sources, such as electronic health records, lab tests, and pharmacy data, while employing semantic data modeling to present meaningful clinical insights.

SHYFT

Series A in 2013
SHYFT is an integral part of the life sciences ecosystem and as the market undergoes a dramatic transformation to deliver more personalized and value-based medicine, the role of SHYFT has never been more important. The SHYFT Platform helps life science companies integrate clinical and commercial data and translate it into patient-centric intelligence and analytics for use across functional groups, shortening development cycles and commercialization activities while improving the probability of success.

Vitals

Series C in 2013
Vitals Consumer Services, LLC specializes in healthcare transparency and engagement solutions for consumers, employers, and health plans. Established in 2006 and headquartered in Lyndhurst, New Jersey, the company offers various tools to assist individuals in navigating their healthcare options. Among its key offerings are an online search tool for finding doctors, a healthcare transparency platform that clarifies health benefits and care choices, and an incentive program that rewards patients for selecting cost-effective care. Vitals serves over 280 million people annually, helping them make informed decisions about their healthcare. As of August 2018, Vitals operates as a subsidiary of WebMD Health Corp, with additional locations in New York, Tulsa, Westborough, and Bedford.

Nordic

Funding Round in 2013
Based in Madison, Wis., Nordic is the largest Epic consulting practice in the world and the industry leader in providing electronic health record (EHR) consulting services to healthcare organizations using Epic software. Nordic is the only firm to be ranked No. 1 by KLAS in Epic Implementation Support and Staffing since the report’s inception in 2012. In the most recent Best in KLAS Report, Nordic was named the KLAS Category Leader for the “Other Implementation” category, which includes services and methodology in revenue cycle, integration, lab and reporting. Founded in 2010, Nordic has worked with more than 125 clients in 40 states, partnering with more than a third of Epic’s clients.

ContinuumRx

Venture Round in 2012
ContinuumRx is based in Birmingham, Alabama and develops joint ventures with market-leading health systems to provide home infusion and specialty pharmacy services to the patients they serve. Through its unique integrated model with health systems and their affiliated providers, ContinuumRx is creating a better model of care for patients with chronic and complex conditions. Its team of clinical experts and advanced fulfillment model provides hospitals with a seamless service offering that can reduce the patient's length of stay, help avoid unnecessary readmissions and allow payors to reduce overall healthcare costs.

Nordic

Venture Round in 2012
Based in Madison, Wis., Nordic is the largest Epic consulting practice in the world and the industry leader in providing electronic health record (EHR) consulting services to healthcare organizations using Epic software. Nordic is the only firm to be ranked No. 1 by KLAS in Epic Implementation Support and Staffing since the report’s inception in 2012. In the most recent Best in KLAS Report, Nordic was named the KLAS Category Leader for the “Other Implementation” category, which includes services and methodology in revenue cycle, integration, lab and reporting. Founded in 2010, Nordic has worked with more than 125 clients in 40 states, partnering with more than a third of Epic’s clients.

Privia Health

Series B in 2012
Privia Health, LLC is a physician practice management and population health technology company based in Arlington, Virginia. Established in 2007, it focuses on enhancing healthcare delivery through its collaboration with physician groups, health plans, and national payers. Privia Health operates a high-performance physician group and an accountable care organization, utilizing a proprietary cloud-based technology platform to improve patient engagement and promote wellness. The company's approach aligns reimbursements with quality outcomes, aiming to keep populations healthy and effectively manage diseases. Privia Health has formed strategic alliances with organizations such as Premier Medical Group and Children’s Health, further strengthening its commitment to delivering high-value care. As a subsidiary of Brighton Health Services Holdings Corp, Privia Health continues to innovate in the healthcare sector.

Evariant

Series A in 2011
Evariant, healthcare’s only Patients for Life Platform, enables providers to optimize growth through smarter patient acquisition and retention. Our customers achieve indisputable value through high-value service line growth, improving provider network utilization and planning, and extending patient lifetime value. Our solutions deliver actionable intelligence that enable healthcare providers to find, guide, and keep patients for life. Evariant is the trusted advisor to leading healthcare systems, representing over 1000 hospitals nationwide.

MobileMD

Series A in 2010
MobileMD is a leading health information exchange offering the industry's only 4 dimensional HIE to health systems, hospitals, physicians and ACOs with real-time clinical information regardless of location, affiliation or EMR vendor.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.