Board of Directors
Jordan S. Davis
Jordan S. Davis is a Managing Partner and co-founder of Radius Ventures, a health and life sciences venture capital firm. His experience spans the founding of new ventures to growth stage investing in a broad range of innovative healthcare, medical technology and life sciences companies. He also has extensive capital markets and M&A expertise. In addition to serving on the board of directors of Healthsense, Mr. Davis currently serves on the boards of Biostorage Technologies, Endogastric Solutions, MID Surgical and Tactile Medical – all Radius portfolio companies. He also serves as a board director of Healthcorps, a charitable organization dedicated to empowering youth to take charge of their health.
Arthur Halper is an Active Member of the Healthsense Board. Previously, Arthur was a Senior Operations Executive for Cerberus Operations and Advisory Company where he led numerous acquisition due diligences and portfolio companies’ support activities, including the acquisition of Steward Healthcare System LLC, a large Massachusetts based hospital system and ACO with $2.3 Billion in Annualized Revenue. He served on the Steward Board of Directors and Executive Committee. From August 2001 to May 2006, Arthur served both as President, Chief Operating Officer and Director of ActiveHealth Management Inc. (AHM), a former Psilos LLC portfolio company. ActiveHealth is an information-driven healthcare services company. Arthur led the company’s growth over a four-year period of 55% compounded revenue growth and improved negative EBITDA to a positive EBITDA margin of 35%. In 2006, ActiveHealth was sold to Aetna at 16.4 times LTM EBITDA or in excess of $450 million. From January 1999 to July 2001, Arthur served as President and Chief Executive Officer of Tricordia Health, LLC, a healthcare services industry venture capital firm sponsored by JP Morgan Partners and Psilos Group Partners. From December 1990 to February 1998, Arthur held a variety of financial and executive management positions at Merit Behavioral Care Corporation (Merit), an $800 million behavioral healthcare company; most recently, serving as both President and Chief Operating Officer, and Director. He led Merit over a nine year period of compounded revenue growth of 71% and EBITDA growth of 72% and in February 1998 sold the Company for 10 times Forward EBITDA or in excess of $800 million to Magellan Health Services Inc. Prior to 1990, Arthur spent fifteen years in a variety of management positions within private industry and public accounting. Arthur is a Certified Public Accountant and has a B.A. in Business Administration from Rutgers University.
Dan Hermann joined Ziegler in 1987 and during his tenure has become a leading investment banker in the senior living industry. He has far-ranging experience in the management, structuring and financial analysis of the various types of senior living financing. Mr. Hermann is directly responsible for managing Ziegler’s Senior Living Finance Group. In his 23 years with Ziegler Mr. Hermann has structured and managed more than 200 senior living financings exceeding $6 billion. Prior to joining Ziegler, he worked for a “Big Four” public accounting firm. He is a Certified Public Accountant and frequent lecturer.
Maxwell Kahn is an Investment Principal in the Merck Global Health Innovation Fund, LLC. Mr. Kahn brings twenty years of experience in healthcare and insurance small company investing, business development, and strategy creation and implementation. His experience includes time at the Health Care Strategy & Alliances group at Johnson & Johnson (J&J), McKinsey & Co, and AXA Equitable. He currently serves as a member of the board of directors of PatientSafe Solutions, Inc. Prior to his time at J&J, Mr. Kahn worked as a consultant in the healthcare and insurance practices at McKinsey & Co. and invested in emerging growth healthcare services and information technology companies as an investment banker at the boutique firm of Commonwealth Associates.
Ruben King-Shaw Jr.
Ruben King-Shaw Jr. is Managing Partner and Chief Investment Officer of Mansa Capital,a private equity firm which focuses on high-growth technology and healthcare services companies. He was a member of Medicare’s Program Advisory and Oversight Commission, as part of the Obama administration. Under George W. Bush, he was Senior Advisor to the Secretary of the Treasury for health care tax policies. He was also COO and Deputy Administrator of the Centers for Medicare and Medicaid Services and Secretary of the Florida Agency for Health Care Administration. Currently, he serves as Chairman of the Compliance Committee and is member of the board of directors at Independent Living Systems, Inc. He is also Chairman of the Compliance Committee and member of the executive committee at Steward Health LLC and a member of the board of directors at iHealth Technologies.
Dan Lubin is a Managing Partner of Radius Ventures. Previously, he was a Director in the Investment Banking Division of Schroder Wertheim & Co., where he shared responsibility for managing the Health Care Group. Daniel co-founded and was a Managing Director of KBL Healthcare Inc., a health and life sciences venture capital and investment banking organization, and served as President and Chief Operating Officer of KBL Healthcare Acquisition Corp. His prior affiliations include Manufacturers Hanover Trust and the Center for Strategic and International Studies (CSIS), where he served as Special Assistant to the Chairman. He was a founder of Cambridge Heart, Inc. and currently serves on the board of directors of Management Health Solutions, Inc., and on the board of trustees of The Harvard School. He was recently appointed to the National Counsel of Advisors of the Center for the Study of the Presidency.
A.R. Weiler is President and CEO of Healthsense. Prior to this role, Mr. Weiler held a variety of executive leadership positions within the healthcare industry, including Senior Vice President of Payer Services for Emdeon, Senior Vice President for Virgin HealthMiles (a member of Sir Richard Branson’s Virgin Group), Senior Vice President of Provider Sales and Account Management at Ingenix (a division of UnitedHealth Group), and Vice President of Oracle’s North America health care division, which brought enterprise-class solutions to payers and providers. Mr. Weiler has also been active in international business development as Senior Vice President of Liberate Japan (an Oracle spin-off) in the late 1990s and Oracle Japan in the early 1990s where he established strategic channels and alliance relationships that today generate more than $500 million in annual revenue.
Board of Advisors
Vincent S. Conti
Vincent S. Conti currently serves as Fellow of the American College of Health Care Executives, Partner with Radius Ventures, Board Member of the Dartmouth-Hitchcock Medical Center and Clinic, and President-Elect of the Health Insights Foundation. Mr. Conti was the President and CEO of Maine Medical Center (MMC) and served on the Board of the American Hospital Association before his retirement in 2009. Prior to MMC, he served in senior leadership roles with Yale New Haven Hospital, a 900-bed primary teaching affiliate hospital of the Yale University Medical School.
Gregory H. Epstein
Gregory H. Epstein is an attorney at Epstein Becker Green in the firm’s HealthCare and Life Sciences Practice, which is widely recognized as one of the top-rated healthcare practices in the country (U.S. News, Chambers USA, and American Health Lawyers Association, among others). Mr. Epstein works with emerging and innovative healthcare companies, as well as payers, providers, and private equity sponsors on a range of strategic, compliance, reimbursement, and healthcare policy issues. He serves on the Board of Directors of Fallon Health Weinberg and as a Venture Advisor to Radius Ventures.
Michael R. Klatt
Michael R. Klatt is President of The Lutheran Home Association, a not-for-profit operator of five senior living communities throughout Minnesota and Wisconsin. He is a highly respected leader known for developing strong teams and effective organizational cultures. Mr. Klatt has served within numerous state and national organizations including two appointments by former Minnesota Governor Tim Pawlenty to the Minnesota Board on Aging.
James M. Mead
James M. Mead is Vice Chairman of the Board of Capital BlueCross (Harrisburg, PA), after serving for 20 years as its President and CEO. He also served on the Board of Directors of the BlueCross BlueShield Association. Mr. Mead is the former Chairman of the Board of the Federal Reserve Bank of Philadelphia, and is currently a Partner with Radius Ventures, as well as a member of the Board of Directors of the Hershey Trust Company, the Milton Hershey School, the Milton S. Hershey Foundation, the Greater Harrisburg Foundation, Vitality Group LLC, and Lebanon Valley College.
A. Richard Olson
A. Richard Olson is a community activist in Minneapolis, Minnesota, working to improve care for seniors. He serves on the Board of Trustees of Ecumen, a senior housing organization operating in 37 cities. Mr. Olson is also active in Mill City Commons, a Minneapolis-based group implementing a villages approach to community-building for older urbanites. Other board service includes two terms as President of Sawgrass Association and the University of Minnesota School of Nursing. Mr. Olson’s previous career experience includes several years with the IBM Corporation as an executive in the International Division leading marketing efforts.
Scientific Advisory Board
Melissa Martinson, MS, PhD, is a founder and President of Technomics Research, LLC, which provides statistical and health economics evaluations of medical technologies and services to the medical device, pharmaceutical, biologics, and managed care industries, in support of market approval by FDA and coverage by public and commercial healthcare payers. Dr. Martinson holds a BA in Biology from Swarthmore College, an MS in Statistics and a PhD in Health Services Research from the University of Minnesota. She is on the adjunct faculty at the University of Minnesota and St. Cloud State University
James Pacala, MD, MS, a board-certified family physician and geriatrician, a Distinguished Teaching Professor and Associate Head in the Department of Family Medicine and Community Health at the University of Minnesota Medical School. Dr. Pacala is also Board Chair of the American Geriatrics Society. Dr. Pacala has received several awards, including the American Geriatrics Society’s Outstanding Achievement for Clinical Investigation Award (2002), the University of Minnesota Medical School’s Outstanding Teacher of the Year Award (1999), the University of Minnesota’s All-University Post-baccalaureate, Graduate, and Professional Education Teaching Award (2002), and the University of Minnesota Academic Health Center Award for Excellence in the Scholarship of Teaching (2009).
Thomas von Sternberg
Thomas von Sternberg, MD, is the Associate Medical Director of Geriatrics and Hospice Services, Government Programs and Case Management at HealthPartners. He helped develop, and currently manages, the post-hospital sub-acute care network for Medicare patients and geriatrics care management services, as well as the HealthPartners Palliative Care Program. He is also the Medical Director for virtuwell®, a web-based convenience care company, and for Ebenezer Hall, a long-term care facility. He is on the faculty of Geriatrics at the University of Minnesota Medical School and Medicare Certified Home Health Care Department. He is a member of the Minnesota Nursing Home Medical Directors Board, and the American Geriatrics Society.