Capital Markets
Company Overview of Health Evolution Partners
Company Overview
555 Mission Street
23rd. Floor
San Francisco, CA 94105
United States
Founded in 2007
Key Executives for Health Evolution Partners
Health Evolution Partners Key Developments
Health Evolution Partners announced that Kevin McNamara has become the firm's newest Operating Partner. McNamara brings extensive experience in corporate operations, finance and investing with particular expertise in helping leading health services companies mature and grow. McNamara is a founding principal of McNamara Family Ventures, and currently serves on the boards of directors of Tyson Foods. He also serves on the board of directors of Leon Medical Centers and chairs the board of Agilum Healthcare Intelligence. With Health Evolution Partners, Kevin McNamara will serve as Operating Partner with the firm's Growth Buyout Fund.
Health Evolution Partners announced that David A. Smith has been promoted to General Partner. Smith, who joined Health Evolution Partners as a senior operating partner in 2010, now heads the Portfolio Services Group and serves as a General Partner for the firm's Growth Buyout Fund. Prior to joining Health Evolution Partners, Smith served as Chairman, President and Chief Executive Officer of PSS World Medical Inc.
Health Evolution Partners and Verizon Enterprise Solutions Group have established a strategic relationship to encourage innovation and adoption of connected health information technologies that help drive patient care improvements and better manage costs. Under a new multiyear agreement announced Feb. 6, 2012, Health Evolution Partners and Verizon Connected Healthcare Solutions, the company's health IT practice group, will collaborate to identify and work with companies to spur the development and adoption of advanced IT solutions and applications in areas such as mobile health, telemedicine and health data management to help transform health care delivery in the U.S. Demand for connected health technologies is expected to grow rapidly as the industry seeks to better manage costs and improve patient care by facilitating real-time care coordination, increasing patient engagement and enabling information portability. The firms will leverage HEP's unique health care insight and Verizon's platform-based health IT portfolio of mobility, cloud and IT offerings to accelerate transformative change by providing innovators with the ability to develop and scale connected health IT solutions and applications.
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