Dr. Farzad Mostashari, Former U.S. National Coordinator for Health Information Technology, Joins Former Reps. Johnson and Slattery and Former HHS Deputy Secretary Troy
Washington, DC — January 22, 2014 — NaviMed Capital, a leading healthcare private capital firm based in Washington, DC, today announced the formation of its Health Policy Council, an advisory group comprised of four nationally prominent healthcare policymakers who provide the firm with deep expertise in legislation, payment, and regulation.
“As we have witnessed in every prior period of U.S. healthcare reform, change driven from Washington, DC can create significant opportunities for privately-backed healthcare companies,” said Ryan Schwarz, Managing Director of NaviMed Capital. “We are honored to have such a strong group of Health Policy Council members join NaviMed. They each bring a wealth of experience, insight, and relationships.”
“NaviMed’s health policy-driven investment perspective is ideally suited for today’s rapidly changing healthcare landscape,” said Dr. Farzad Mostashari, member of NaviMed Capital’s Health Policy Council. “I look forward to working with NaviMed as they help grow successful healthcare companies.”
NaviMed’s Health Policy Council members are:
- The Honorable Nancy Johnson: Ms. Johnson served 24 years in the U.S. Congress prior to joining Baker Donelson as a Senior Public Policy Advisor. She served 18 years on the House Ways and Means Committee and played an integral role in the passage of every major tax, trade and healthcare initiative during years of rapid technological and political change and the globalization of the economy. As a member and then Chairwoman of the Ways and Means Health Subcommittee, she introduced the national Children’s Health Insurance Program and was a principal author of the Medicare Modernization Act.
- Dr. Farzad Mostashari: Dr. Farzad Mostashari was previously the National Coordinator for Health Information Technology at the U.S. Department of Health and Human Services. In that role, he focused on information and technology in the U.S. healthcare system. He is currently a visiting fellow of the Engelberg Center for Health Care Reform at the Brookings Institution. Dr. Mostashari’s work covers a range of topics related to helping clinicians improve care and patient health through health IT, focusing on small practice transformation by developing innovative payment models that can better support these types of practices.
- The Honorable Jim Slattery: Mr. Slattery, a six-term U.S. Congressman, was a member of the House Energy and Commerce Committee during his entire 12-year tenure in Congress. This Committee has broad jurisdiction over healthcare, energy, telecommunications and environmental issues. He was a member of the Health Subcommittee for six years. He also served on the House Budget Committee, House Financial Services Committee and House Veterans’ Affairs Committee. He is currently a Partner of Wiley Rein LLP where he chairs the Public Policy practice area.
- The Honorable Tevi Troy Ph.D.: Dr. Troy was previously the Deputy Secretary of the US Department of Health and Human Services (“HHS”). In his role as Deputy Secretary, Dr. Troy oversaw all operations, including Medicare, Medicaid, public health, medical research, food and drug safety, welfare, child and family services, disease prevention, and mental health services. He presently serves as founding President of The American Health Policy Institute.
About NaviMed Capital
NaviMed Capital is a Washington, DC-based private capital firm focused exclusively on the healthcare industry. NaviMed partners with talented management teams and entrepreneurs to create value by providing strategic counsel and operational support, while leveraging its deep healthcare expertise, broad firm network, and combined 40+ year heritage of successful investing. NaviMed invests in growth stage companies in healthcare IT, healthcare services, and specialty medical products. NaviMed’s principals have a proven track record of investing in some of the most innovative and well-respected healthcare growth companies, including BÂRRX Medical, ConnectiCare, Carefx, Fairchild Imaging, Heritage Health Systems, Hyperion Therapeutics, Liposonix, and Proteus Digital Health, among others. For more information, please visit http://www.NaviMed.com.