Former Microsoft Health Solutions Group executive Peter Neupert will join Health Evolution Partners, a venture capital firm launched by former National Coordinator for Health IT David Brailer, MD, as an operating partner.
Neupert is a healthcare information technology leader who is globally known for his experience building major healthcare information technology products and bringing them to market. He will collaborate with Health Evolution Partners’ (HEP) other operating partners to help the firm's portfolio companies achieve commercial success, Brailer said in making the announcement.
Health Evolution Partners buys and operates rapidly growing companies that are commercial leaders in the healthcare industry. It invests around the world and across the health economy, including services, IT and life sciences.
Brailer founded HEP, after he stepped down as the nation’s first national health information technology coordinator.
[See also: Brailer's new fund to focus on 'problem solvers'.]
"As one of the world's top health information technology executives, Peter will bring immeasurable strength to HEP and our companies," Brailer said (pictured at right). "His experience, ranging from start-ups to the largest global companies, puts him in a unique position to help our companies be market leaders."
"HEP's portfolio companies are among the most innovative growth companies in the industry, and I look forward to contributing to their successes,” said Neupert.
Neupert most recently served as Corporate Vice President of the Microsoft Health Solutions Group, since its formation in 2005. Under his leadership, the group brought two primary software platforms to the market: Amalga, a data integration platform, and HealthVault, a personal health application platform.
Recently, Microsoft and GE Healthcare announced it would join to build a new company. The new company will get all of Microsoft's health IT technologies, including its Amalga Unified Intelligence System and Vergence and expreSSO, single sign-on and context management tools – but not including its HealthVault personal health record, which will stay under the Microsoft brand.
[See also: GE, Microsoft launch new health IT company.]
Neupert served on the President's Information Technology Advisory Committee (PITAC) from 2003 to 2005, co-chairing the health information technology subcommittee. Prior to Microsoft, he led drugstore.com, which become a top online retail store and information site during his time as president and CEO from 1998 to 2001. He remained as chairman of the board of directors of drugstore.com until April 2004.
Neupert is an active member of the Institute of Medicine's Roundtable on Value & Science-Driven Healthcare and serves on the board of trustees for the Fred Hutchinson Cancer Research Center. He has also served on the boards of GlobalScholars.com (sold to Scantron Corp.), Aquantive.com (sold to Microsoft) and Cranium, Inc. (sold to Hasbro).
