OPEN + CONNECTED + CATALYTIC
At HealthQuest we capture our ethos in three words: “Open + Connected + Catalytic”
For us, OPEN means being open to ideas and situations that other investors might just dismiss. As investors (and entrepreneurs) we’ve all had success with opportunities that were over-looked or rejected by others. We think that sometimes those are, in fact, the very best opportunities. We also like entrepreneurs that challenge our own paradigms about business and investing so we remain open-minded at all times.
HealthQuest is CONNECTED throughout the industry with an exceptionally broad network of established relationships with major industry players, providers and provider groups, payers, successful entrepreneurs and other investors. These relationships become an asset to our portfolio companies as we help them build bridges to potential commercial partners and collaborators, help strengthen boards and management teams, raise future capital or (when appropriate) find acquirers for our companies.
Finally, we describe ourselves as CATALYTIC because in every company we partner with we want to make a difference to the business beyond the capital invested. We look for opportunities where our experience, networks, or other contributions can fundamentally change the trajectory of the business. Every member of our team looks for catalytic opportunities with every company in our portfolio on a continuous basis – and we believe we’ve had that kind of impact on each one.
Our team has real and relevant experience as operating companies like those we invest in or treating patients like those that our companies serve. Our team includes former entrepreneurs and company leaders that have started and sold businesses, done the science, developed the products, built the teams, created the brands and sold to the customers in healthcare and medical businesses. In addition our team includes MD’s and PhD’s that understand the clinical and scientific elements of the businesses we invest in.
Our team has 70+ years of combined investing experience, and 100+ years of combined operating experience. We have successfully built relationships that can be leveraged for the benefit of our portfolio. Adding to that, HealthQuest has a built a Board of Advisors that include the current or former CEOs of Medtronic, LabCorp, Humana, Mercy Health and other industry-leading organizations. We know that access to the right companies and people can be as important as money in determining success for our portfolio companies.
We recognize that first and foremost, companies come to us as a financial partner. In addition to our years of experience as investors and operators, we have raised approximately $800 million in committed capital across our three funds. We also have excellent relationships with co-investors so that we can lead deals and build syndicates, or participate collaboratively with other investors. We support our companies over the long-term participating in future financing and attracting new investors where appropriate.