Healthcare
Led by Jim Smith, a member of CIC Partners' Board of Directors, CIC works with numerous Operating Partners with successful track records in healthcare services, management and technology.
David Michel
Healthcare Services and Technology
David Michel has extensive experience in healthcare, technology & media related enterprises. David is best known for the children's television show he created and produced in 1994 titled "Jay Jay the Jet Plane," an international hit that still airs daily on PBS and other networks around the world. Prior to creating Jay Jay, David was Vice President of Marketing & Sales for Merritt, Hawkins and Associates, a national healthcare consulting firm. More recently, he founded and served as Chairman and CEO of Winning Habits, an international provider of technology-based wellness programs for large employers and health plans. After growing the company for five years, David merged Winning Habits with Matria Healthcare (NASDAQ: MATR) in October of 2005. David serves as President and CEO of InnerChange, a CIC Partners portfolio company.
Dr. Leonard Riggs
Emergency Medicine
Dr. Leonard Riggs is the founder and former CEO of Emcare Inc., a company specializing in managing emergency departments for U.S. hospitals. Beginning in 1980, Leonard grew the company to service of over 400 hospitals with more than 3,500 physicians, overseeing an IPO in 1994 and a sale of the business to another public company in 1997.
Barry Schochet
Hospital Services
Barry Schochet served as Vice Chairman and in a variety of other senior executive positions at Tenet Healthcare (NYSE: THC) and predecessor National Medial Enterprises from 1983-2005. During Barry’s tenure Tenet achieved revenues of over $13 billion.
Barry is a founder and director of Broadlane Inc. and serves as a director of Universal Hospital Services, Tri Cap Technology Group and served as a trustee for the Healthcare Leadership Council from 2000-2005.
Jim Smith
Healthcare Information Services
Jim Smith is currently Chairman of the Board of Gartner Group (NYSE:IT). He previously served as Chairman, President and CEO of First Health Group Corp. (NASDAQ: FHCC), leading the company through nearly 20 years of record growth and profitability. Jim, who founded the company in 1984, built First Health into the nation's premier full-service national health benefits company, with revenues of $894 million in 2004. He recently led the sale of First Health to Coventry health Care, Inc. (NYSE: CVH) for $1.8 billion.
Jim serves on the Board of Directors of CIC Partners and is active in new deal evaluation and execution. Jim is a Director of CIC portfolio companies OmniSYS, LLC and Solacium Holdings LP.
Joe Whitters
Healthcare Information Services
Joe Whitters was the Chief Financial Officer for First Health (FHCC), a managed care organization. During his tenure with FHCC (1986 to 2005), the company grew from $5 million in revenue and 100 employees to approximately $900 million in revenue and 6000 employees. Joe assisted with taking FHCC public in 1987 at a split adjusted price of $.69 a share and with the eventual sale of the company in early 2005 for $1.8 billion or $19 per share. Prior to FHCC, Joe held various financial positions with United Healthcare and Overland Express.
Joe currently serves on the boards of Mentor Corporation, a $2 billion market cap medical products company, Omincell, a $350 million market cap medication dispensing company,Lumient Mortgage, a $4 billion asset REIT and Revionics, a price optimization software company.
Ed Wristen
Healthcare Information Services
Ed Wristen was the COO and later CEO of First Health Group Corp. (NASDAQ: FHCC) from 1990 to 2005. During his tenure at First Health, Ed had a variety of assignments - notably he was responsible for the development of the first national PPO network, the development of First Health's technology infrastructure which enabled its highly centralized business strategy, and the acquisition of First Health (1996), CCN (2000) and HealthNet Employer Services (2003). Ed was appointed CEO in 2000, and led the sale of the company to Coventry Healthcare in 2005 (NYSE:CVH) for $1.8 billion.
Ed is active in new deal evaluation in healthcare services businesses, and serves as Chairman of OmniSYS, LLC, a CIC Partners portfolio company.