Heritage Group

Heritage Group, LLC is a venture capital firm based in Nashville, Tennessee, established in 1986. It specializes in investing in all stages of healthcare companies, focusing on sectors such as healthcare services, healthcare IT, and technology-enabled services. The firm typically invests up to $15 million in its portfolio companies and aims to have board participation to support their growth. Heritage Group also serves as the general partner of the Heritage Healthcare Innovation Fund, which closed in 2012 with $157 million in committed capital from prominent strategic limited partners, including leading hospitals and healthcare companies. With a strong track record of investing, operating, and advising innovative healthcare firms, Heritage Group plays a significant role in advancing the healthcare industry in the United States.

Jesse Bland

Partner

Lauren Brueggen

Partner

Bryan Bui

Partner

Ben Burnside

Associate

Florence Chassaignac

Director of Operations

Graham Hunter

Partner

Andrew Kuykendall

Associate

Evan Lengerich

Associate

David G. McClellan

Partner

Rock Morphis

Partner

Spencer Root

Associate

Matt Tome

Associate

Paul Wallace

Managing Director

Jason Young

CFO

Past deals in Tennessee

TwelveStone Health Partners

Venture Round in 2022
TwelveStone Health Partners, Inc. is a provider of pharmaceutical and medical equipment services focused on facilitating infusion and enteral care. Founded in 2015 and based in Murfreesboro, Tennessee, the company offers a comprehensive range of services, including pharmacy services such as electronic medication verification and expedited prescription delivery. It specializes in infusion and enteral therapies, providing treatments for conditions requiring total parenteral nutrition, antibiotics, pain management, and chemotherapy, among others. Additionally, TwelveStone delivers respiratory services, offering equipment like nebulizers, ventilators, and oxygen systems. The company also supplies durable medical equipment, including braces, patient lifts, and walkers. TwelveStone aims to support patients, physicians, and healthcare facilities by simplifying complex treatment processes and enhancing patient care in post-acute settings, all while maintaining a commitment to integrity and service excellence.

Relode

Corporate Round in 2017
Relode is one platform that works equally well for employers, employees, and ultimately the patients they care for. Relode is a community-based online platform for healthcare professionals to easily match jobs and candidates. It allows healthcare professionals to refer friends or directly apply for great jobs and be rewarded. It was founded in 2014 and is headquartered in Nashville, Tennessee.

Lucro

Seed Round in 2016
Lucro is a digital platform helping healthcare organizations make better purchasing decisions. Created with input from innovators at the nation’s leading health systems and a deep understanding of the healthcare buying cycle, Lucro exists to support providers by giving them the tools to evaluate and choose their best vendor partners.

Precedent Health

Series A in 2010
Precedent Health, Inc. provides managed care services. It focuses on hospital partnerships to establish provider networks; and creation of specialty provider networks. The company was founded in 2010 and is based in Brentwood, Tennessee. As of August 10, 2018, Precedent Health, Inc. operates as a subsidiary of SpecialtyCare, Inc.

Shareable Ink

Series A in 2010
Shareable Ink is an enterprise cloud computing firm that transforms point-of-care clinical documentation to structured data and analytics. Shareable Ink provides a software platform that enables health care organizations of all sizes to convert handwritten information on paper forms to data for electronic health records and other information systems. It was founded in 2009 and headquartered in Nashville, Tennessee.

OnFocus Healthcare

Series B in 2010
Originally founded in 1985 as a healthcare strategic planning consulting firm called m21partners, onFocus Healthcare was re-incorporated in 2008 as a business execution software solutions company. Today, onFocus is the leading provider of enterprise performance management (EPM) software and support services for the healthcare marketplace. Their product, onFocus epm™, ensures that patients get better, faster, and less expensive care by helping hospitals continuously execute and perform at higher levels. They are dedicated to the success of healthcare organizations and the executives, managers and employees who lead them. Through the use of their software products and advisory services, they strive to improve the execution success and performance of every provider they work with by at least 20%.