Inova Health System

Inova Health System is a non-profit healthcare organization based in Fairfax, Virginia, established in 1965. Its mission is to enhance the health of diverse communities through comprehensive patient care, education, and research initiatives. The organization offers a wide range of services, including treatment for various disorders, a technological laboratory, blood donation and apheresis, colon cancer screening, and corporate health services. Additionally, Inova Health System provides training programs for radiology technologists, contributing to workforce development in the healthcare sector. Through its various programs and services, Inova aims to address the health needs of the communities it serves.

Alice Pope

CFO

8 past transactions

Capital Rx

Series D in 2023
Capital Rx, Inc. is a health technology company based in New York that serves as a pharmacy benefit manager, specializing in the administration of self-insured prescription benefit plans for employers, unions, and government entities. Founded in 2017, Capital Rx aims to redefine the pricing and administration of prescriptions in the United States through its innovative Clearinghouse Model, which enhances the transparency of the pharmacy supply chain and reduces costs for employer groups. The company's enterprise platform integrates various components of the pharmacy ecosystem, improving administrative workflows and clinical oversight while facilitating better coordination between patients and healthcare providers. By focusing on actionable strategies that enhance plan performance and patient outcomes, Capital Rx seeks to advance healthcare infrastructure and elevate the standards of clinical care.

Northern Virginia Pulmonary and Critical Care Associates

Acquisition in 2023
Provider of pulmonary and critical care services intended to serve thehealthcare industry. The company's services include treatment of a variety of pulmonary diseases and offering diagnostics and treatment for asbestosis, asthma, bronchitis, chronic cough and tuberculosis, enabling customers to get treatment for lung diseases and get recovery.

Somatus

Series E in 2022
Somatus, Inc. is a healthcare company focused on providing specialized kidney care services aimed at delaying or preventing the progression of chronic kidney disease. Founded in 2016 and headquartered in McLean, Virginia, Somatus collaborates with health plans, health systems, nephrology, and primary care groups to deliver integrated care for patients with or at risk of kidney disease. Its comprehensive services include home hemodialysis, peritoneal dialysis, in-center hemodialysis, kidney transplant, and conservative care. By utilizing vertically integrated clinical services and technology, Somatus seeks to improve patient outcomes, enhance care coordination, and promote the use of home dialysis modalities while increasing the rates of kidney transplantation. The company's mission is to ensure that patients can access the care they need to manage kidney disease effectively.

PierianDx

Venture Round in 2021
PierianDx, Inc. is a biotechnology company that specializes in developing a cloud-based genomic software solution aimed at managing, analyzing, and interpreting complex genomic tests for clinical laboratories in the United States. Founded in 2014 and headquartered in Saint Louis, Missouri, PierianDx offers its Clinical Genomicist Workstation, which streamlines the workflow for patient cases, encompassing aspects from case accessioning to final report generation and integration with electronic health records. The company's software employs artificial intelligence to enhance the efficiency of genomic sequencing processes, thereby empowering healthcare providers to better diagnose and treat patients with cancer and other complex diseases. PierianDx also provides consulting and technical services, and collaborates strategically with organizations like RTI International. Through its accredited laboratory and extensive knowledgebase, the company supports health systems, children's hospitals, comprehensive cancer centers, and commercial laboratories in delivering integrated genomic care.

PierianDx

Series B in 2019
PierianDx, Inc. is a biotechnology company that specializes in developing a cloud-based genomic software solution aimed at managing, analyzing, and interpreting complex genomic tests for clinical laboratories in the United States. Founded in 2014 and headquartered in Saint Louis, Missouri, PierianDx offers its Clinical Genomicist Workstation, which streamlines the workflow for patient cases, encompassing aspects from case accessioning to final report generation and integration with electronic health records. The company's software employs artificial intelligence to enhance the efficiency of genomic sequencing processes, thereby empowering healthcare providers to better diagnose and treat patients with cancer and other complex diseases. PierianDx also provides consulting and technical services, and collaborates strategically with organizations like RTI International. Through its accredited laboratory and extensive knowledgebase, the company supports health systems, children's hospitals, comprehensive cancer centers, and commercial laboratories in delivering integrated genomic care.

Babyscripts

Corporate Round in 2019
Babyscripts is a developer of a virtual maternity care platform aimed at enhancing prenatal and postpartum care for pregnant mothers. The company's three-tiered approach allows healthcare providers to deliver tailored, risk-specific care anytime and anywhere. The first tier features a mobile app that offers daily educational content and resources throughout pregnancy and the postpartum period. The second tier incorporates remote monitoring through medical devices, enabling patients to track health metrics like blood pressure and alerting providers to potential risks. This system facilitates the transition of care beyond traditional clinical settings, enabling providers to focus on higher-risk patients while automating routine care. The third tier fosters collaboration between care teams and insurers, addressing challenges in care coordination and access, ultimately improving health outcomes and reducing costs. Through its innovative platform, Babyscripts aims to eliminate maternal mortality and enhance access to quality care for all mothers.

Somatus

Series B in 2018
Somatus, Inc. is a healthcare company focused on providing specialized kidney care services aimed at delaying or preventing the progression of chronic kidney disease. Founded in 2016 and headquartered in McLean, Virginia, Somatus collaborates with health plans, health systems, nephrology, and primary care groups to deliver integrated care for patients with or at risk of kidney disease. Its comprehensive services include home hemodialysis, peritoneal dialysis, in-center hemodialysis, kidney transplant, and conservative care. By utilizing vertically integrated clinical services and technology, Somatus seeks to improve patient outcomes, enhance care coordination, and promote the use of home dialysis modalities while increasing the rates of kidney transplantation. The company's mission is to ensure that patients can access the care they need to manage kidney disease effectively.

VisitPay

Venture Round in 2014
VisitPay LLC is a company that specializes in online patient revenue management solutions, enabling patients to manage their financial accounts effectively. Founded in 2010 and headquartered in Boise, Idaho, with an additional office in Lehi, Utah, VisitPay provides a patient-centered financial engagement platform. This platform consolidates billing information across various healthcare providers and health plans, allowing patients to view, verify, and pay their medical bills with greater clarity. It integrates with multiple billing systems, enhancing the collection process for hospitals and health systems. VisitPay also offers a comprehensive Self-Pay Engine, which includes business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Through its offerings, the company assists healthcare organizations in managing self-pay receivables, improving payment processes, and implementing effective financial strategies.
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