Investor profile

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Blue Ox Healthcare Partners

PE

USHealthtechBio/PharmaB2B SaaS

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Investment thesis

Blue Ox Healthcare Partners is a private equity firm investing growth capital in commercial-stage healthcare companies. We believe innovation centered on the individual is the key to making healthcare more effective and affordable for everyone. We focus on businesses in three core areas – Precision Health, Healthcare Delivery, and Affordability – driving the transformation towards individuality and value-based care, concentrating on those that incorporate technology to create critical advancements. We believe they represent the most powerful forces improving healthcare and offer the best opportunities for growth investment. Blue Ox has the end to end vision to see what's possible, and the experience and relationships to optimize deployment, reimbursement, and utilization to make it a reality. Since 2017 we have led over $200 million of equity investments, including over $85 million invested and committed directly by Blue Ox.

Notable quotes

Innovations at the intersection of biology, technology, and data science are allowing new levels of precision in treating the unique health needs of each individual. Collectively, Precision Health innovations are creating a new path to realize the promise of better healthcare accessible to all.

Charles D. Kennedy, MD · Blue Ox Healthcare Partners website

Healthcare is moving towards individualised therapies and financing. Companies that create the science and technology innovations must have the resources to grow and the expertise to introduce these disruptive services to a value-based healthcare industry. Epic's revolutionary diagnostics and decision support analytics optimize cancer treatment by ensuring each patient's unique cancer cells get therapy that offers the highest likelihood of prolonged survival while avoiding wasteful treatments that the patient's individual cancer cells do not have the biology to respond to.

Charles D. Kennedy, MD · Private Equity Wire

We have domain expertise in the middle-market and lower middle-market healthcare sector.

Oded Levy · Blue Ox Healthcare Partners website

Team

Charles D. Kennedy, MD

Managing Partner & CEO

HealthtechHealthcare Delivery

Oded Levy

Managing Partner & President

Healthtech

John A. Neczesny

Managing Partner & COO

Healthtech

Sheila H. Schweitzer

Co-Founder & Managing Partner

Healthtech

Alex R. Rogers

Principal

Healthtech

Mary G. Chelini

Analyst

Healthtech

Recent investments

CompanyRoundSizeDate
Epic SciencesSeries G$24m2023-04
Epic SciencesSeries F$43m2022-06
Gemelli BiotechSeries A$19m2022-06
Sera PrognosticsSeries E$100m2021-04
Sera PrognosticsSeries D$36m2019-11
Delphi Behavioral Health GroupGrowth2014
Apollo Medical HoldingsGrowth
MedSave USAGrowth
HealariumGrowth
PatientMattersGrowth

Frequent co-investors

VC firmDeals together
Deerfield Management2
Labcorp2
Domain Associates2
Arsenal Capital Partners1
Anthem1
Vivo Capital1

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