Council Ventures
30 Burton Hills Boulevard Suite 576, Nashville, TN, 37215, United States
Overview
Council Ventures makes growth and early stage investments in companies in healthcare services, healthcare information technology, and the convergence of healthcare and financial services, with a focus on cost and quality improvement. Council Ventures primarily targets companies that are rapidly growing, with differentiated and proven business models, large market opportunities, and the ability to generate high returns on invested capital. Council Ventures' team consists of experienced investors and company builders. The team includes 4 general partners and 5 operating partners who have built over $7 billion and $10 billion, respectively, of realized shareholder value as President and CEO. In addition, the Council Ventures management team has access to the knowledge and networks of the 18 members of the Council Ventures' CEO Council, many of whom have had long, successful careers as serial entrepreneurs and CEOs in healthcare and related businesses.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Ingenious Med
Led · Equity · Mar 2011
Ingenious Med offers IM1, a cloud-based patient encounter platform that automates physician and care-team workflow at the point of care, unifying communication, coding, revenue, and clinical/business intelligence. The solution is accessible via mobile devices and the web and is deployed across inpatient and outpatient environments. The company serves 30,000 users at more than 900 healthcare facilities, including eight of the ten largest hospitalist management companies and the top four health systems. Founded in 1999 and based in Atlanta, Ingenious Med positions itself as an industry leader in revenue and data capture. Leadership says the company will expand clinician-alignment offerings and accelerate growth with strategic backing from healthcare venture firms. The platform is intended to improve quality, lower the cost of care, and increase physicians’ time with patients. Founded in 1999 and led by CEO Hart Williford, Ingenious Med offers a mobile platform that automates physicians' off-site activities. The product enables physicians to capture charges and enhances documentation, coding and compliance while enabling digital communication. The company is positioned as a practice performance management and charge capture solution. It announced a $3.25M funding round to support ongoing development and to re-capitalize existing shareholders. The round was led by Council Ventures with participation from existing investor Buckhead Investment Partners. In conjunction with the investment, Tom Givens of Council Ventures joined Ingenious Med's board.
- REACH Health
Led · Series A · Sep 2010
REACH Health provides clinically driven telemedicine software that integrates real-time audio/video technology with vital patient information, images, workflow and documentation. Its single, multidiscipline platform supports specialties including neurology, cardiology, pulmonology, psychiatry and stroke and enables remote consultations and specialist access. The company pioneered telestroke and says its solutions help health systems achieve measurable clinical, operational and financial improvements. REACH Health powers many of the nation’s largest telemedicine networks and emphasizes ease of use for physicians and clinicians across specialties. The company is rolling out its REACH Access platform to expand specialty coverage and adoption. Recent funding will support that rollout and broader growth as more health systems implement its solutions to improve outcomes and reduce costs. REACH Health offers a cloud-computing telemedicine platform that enables live audio/video consultations and comprehensive patient data sharing to connect specialty physicians with patients. Its new multidisciplinary platform, REACH Access™, was designed by physicians to extend the company’s original urgent-stroke care technology across multiple clinical disciplines. The platform was originally developed to provide remote urgent neurological care for stroke victims in remote, rural, and underserved areas. REACH’s solutions serve numerous clinical environments, including emergency departments, ICUs, clinics, and in-patient facilities for neurology, pulmonology, cardiology, psychiatry and other consultations. The company says the funding will support expansion into additional markets as more hospitals implement its telemedicine offerings. REACH Health is based in Alpharetta, Ga. REACH Call offers a Software-as-a-Service telemedicine platform that lets specialists (notably neurologists) evaluate and diagnose patients 24/7 in remote, underserved and urban locations. Its evidence-based software protocols enable clinically rich collaborations in time-critical emergency situations such as stroke, regardless of distance. The company was founded in 2006 by a group of neurology and emergency medicine physicians from Georgia Health Sciences University and is based in Augusta, GA. REACH serves hospitals within large health systems, including HCA, Ascension Health, OhioHealth and Ochsner Health System. The business recently completed a $5M Series A financing to support continued expansion into acute care services. REACH plans to grow national sales and marketing and invest in R&D to expand into new clinical specialties.
Team
No current team members are available.