Discovery Health Partners teams with Chicago-area Button & Zipper for post-holiday coat drive January 7-11, 2019

As cold weather sets in after holidays, need increases and donations are more critical

ITASCA, IL (January 7, 2019) — Discovery Health Partners is joining forces with Chicago-based Button & Zipper to collect 500 coats for a post-holiday coat drive the week of January 7-11, 2019.

Discovery is collecting coats for men, women, and children, emphasizing that need and homelessness impact all ages at all times throughout the year. The coats will be distributed to local schools and charitable organizations that register with and are vetted through the Button & Zipper application process.

“Once the holidays end, we find donations decline just as the weather turns colder and need increases,” states Ira Colman, founder and president of Button & Zipper. “Additionally, when school resumes after the break and winter temperatures worsen, we find that we are flooded with new inquiries from schools and shelters that support those most in need.”

Discovery is accepting donations of new and gently-used items at their Itasca headquarters locations. Button & Zipper considers “gently used” to be a coat that you would lend to a friend or let your child wear to school.

“We are thrilled to partner with an impactful and inspirational organization such as Button & Zipper,” states Philip Garrison, Vice President of Human Resources and executive sponsor of Discovery’s employee-run Pay It Forward Committee. “This coat drive is a way for Discovery employees to live out one of our core values, Mindful Stewardship.  Being a good steward to our community means supporting the community when it has the most need. When Button & Zipper explained how important it was to Chicago-area schools and shelters to have access to new and gently used coats after the holidays, we were glad to step up and encourage our employees and others in the western and northwestern suburbs to continue the giving season.”

Arlington Heights-based Imperial Surveillance, a Button & Zipper partner, will be providing logistics for picking up and delivering the coats once the coat drive is done.

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. Serving more than 60 health plans across the U.S., including six of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth—earning a spot on the Inc. 5000 list five years in a row and the Crain’s Fast 50 three times. For more information on Discovery Health Partners, go to www.DiscoveryHealthPartners.com.

About Button & Zipper

Button & Zipper is a community coat drive founded in 2013 to help Chicagoland and Denver Metro homeless and at-risk youth stay warm during grueling winter months. Since its inception, Button & Zipper has collected and distributed more than 17,000 coats to recipients in the Chicago and Denver Metro areas. To find out how you can support Button & Zipper, please visit https://buttonandzipper.com/.

About Imperial Surveillance, Inc.

Imperial Surveillance, Inc., is a full-service security company offering surveillance camera systems, alarm systems, access control / key fob systems, fire alarms systems, and intercom systems for residential, commercial, and government sector clients in the Chicagoland area. For more information, visit http://www.imperialcctv.com/.

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Discovery Health PartnersDiscovery Health Partners teams with Chicago-area Button & Zipper for post-holiday coat drive January 7-11, 2019
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Discovery Health Partners announces new Board of Director appointments

Three Board additions bring wealth of healthcare payer, consulting services, and strategic growth management experience to an already deep Board of Directors bench

ITASCA, IL (November 20, 2018) — Discovery Health Partners today announce the addition of three new Board members to support the company as it continues its growth in the payment and revenue integrity space. New to the Discovery Board are Carol Lindstrom, recently retired vice chairman of Deloitte LLP; Ken Coleman, former founder, chairman, and CEO of ITM Software; and Chris Wenner, director at Carrick Capital Partners and a member of the Carrick Capital Partners founding team.

“We are pleased to welcome Carol, Ken, and Chris to Discovery Health Partners and know their significant range of career and board experiences will be an invaluable resource to our team,” stated Discovery Health Partners’ CEO Jason Brown. “Their strengths underscore the priorities we share at Discovery – creating strong customer relationships, building teams with superior talent, growing revenue both organically and inorganically and delivering the best payment integrity and revenue optimization solutions available in the healthcare payer marketplace.”

Coming off its fifth Inc. 5000 win and with plans to continue its fast-paced growth, Discovery Health Partners is excited to welcome its new Board of Directors members.

CAROL LINDSTROM  

Carol Lindstrom was, until her recent retirement, the vice chairman of Deloitte LLP. She joined Deloitte in 1993 to build and lead the technology consulting practice. During her tenure, she served as the advisory partner for some of Deloitte’s largest clients. She built and led the Strategic Relationship Management group and a relationship program focused on top global clients. She led Deloitte’s global and US alliances and built several technology businesses. Carol was a member of the Deloitte & Touche Board of Directors for six years, served on the Deloitte Touche Tohmatsu (DTT) Global Board of Directors for eight years, and was the president of the Deloitte Foundation for many years. Prior to joining Deloitte, she was a partner at Andersen Consulting. She currently serves on the board of directors of Genpact Ltd. (G), Exponent Inc. (EXPO), Energous (WATT), Entertainment Partners, and two not-for-profit boards: the St. Helena Hospital Foundation and the Workday Foundation.

KENNETH L. COLEMAN

As a Silicon Valley pioneer, Ken Coleman was the founder, former chairman, and CEO of ITM Software, an enterprise software company focused on the information technology function. Previously, he was EVP of global sales, services, and marketing for Silicon Graphics, Inc. (SGI). Prior to joining SGI, Ken was VP of product development at Activision. Earlier, he spent 10 years at Hewlett-Packard Company, where he held several management positions. Ken serves on the board of directors of CSAA Insurance Group, Entertainment Partners, Saama Technologies, and Complia Health. Previously, he was chairman of two public technology companies, MIPS Technology and Accelrys, and served on the board of City National Bank. Ken also currently serves as a mentor/coach for CEOs in the Silicon Valley technology sector and is an advisor to venture capital firm Andreessen Horowitz. He also served as a captain in the United States Air Force.

CHRIS WENNER 

Chris Wenner is a director at Carrick Capital Partners and a member of the founding team. Chris leads the firm’s thematic sourcing effort focusing on healthcare, cyber security, and enterprise software. Chris serves as a board observer at Instamed and Complia Health. Prior to joining Carrick, Chris worked at the investment bank of Perella Weinberg Partners, where he focused on mergers and acquisitions and private capital transactions in the technology industry for clients including Oracle, Google and Hewlett-Packard. Chris graduated from the University of California with a Bachelor of Arts in Economics.

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. Serving more than 60 health plans across the U.S., including six of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth—earning a spot on the Inc. 5000 list five years in a row and the Crain’s Fast 50 three times. For more information on Discovery Health Partners, go to www.DiscoveryHealthPartners.com.

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Discovery Health PartnersDiscovery Health Partners announces new Board of Director appointments
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Discovery welcomes Peggy Barber as new Vice President of Client Operations

Executive brings two decades of operations and client value expertise

ITASCA, IL (September 19, 2018) — Discovery Health Partners today announced the appointment of Peggy Barber as its new Vice President of Client Operations. In this role, Peggy is responsible for bringing excellence to the client onboarding experience, driving higher client satisfaction, and optimizing the company’s training and quality programs.

Peggy is an accomplished executive leader with expertise in Payment Integrity; Fraud, Waste, and Abuse, and Medicare/Medicaid Managed Care. She brings a wealth of experience heading up client-facing and operational functions for other payment integrity firms, a top-5 health plan, and other industry-leading companies.

“Peggy’s deep healthcare knowledge, along with her client management and operations experience at Fortune 100 companies, will be a tremendous asset to our team as we scale to better serve our clients,” said Discovery’s CEO Jason Brown. “Adding Peggy to our executive team is a key part of our strategy to deliver profound value for our customers.”

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. Serving more than 60 health plans across the U.S., including five of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth—earning a spot on the Inc. 5000 list five years in a row and the Crain’s Fast 50 three times. For more information on Discovery Health Partners, go to www.DiscoveryHealthPartners.com.

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Discovery Health PartnersDiscovery welcomes Peggy Barber as new Vice President of Client Operations
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Discovery named to Inc. 5000 list for fifth straight year

Latest recognition places Discovery in the Hall of Fame among elite group of fastest-growing private companies

ITASCA, IL (August 15, 2018) – Discovery Health Partners today announced that for the fifth year in a row, the company has been named to Inc. Magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Discovery has earned a spot on the list since 2014, when it debuted at #100. This year, Discovery’s three-year growth rate of 115 percent landed the company at #3364 on the list. Discovery’s fifth-straight appearance on the list also puts them in the 5-Time Inc. 5000 Honoree Hall of Fame. According to Inc. Magazine, only one in ten companies who earn a spot on the Inc. 5000 list repeat that achievement five times.

“It’s an honor to be ranked among the fastest-growing companies in America for the fifth consecutive year,” said Discovery CEO Jason Brown. “To sustain our growth trajectory for this long is truly a testament to our entire team at Discovery and the work we’re doing to continue our tradition of creating profound value for our clients and delivering innovative solutions to meet their changing needs.”

The Inc. 5000 list provides a glimpse into America’s most dynamic economic segment—its independent small businesses. To qualify for the list, companies must have been founded and generated revenue by March 31, 2014, and be based in the U.S., privately held, for profit, and independent as of December 31, 2017.

See this year’s full Inc. 5000 list here.

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. Serving more than 60 health plans across the U.S., including five of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth—earning a spot on the Inc. 5000 list five years in a row and the Crain’s Fast 50 three times. For more information on Discovery Health Partners, go to www.DiscoveryHealthPartners.com.

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Discovery Health PartnersDiscovery named to Inc. 5000 list for fifth straight year
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Carrick Capital takes larger stake in Discovery Health Partners

Today’s Wall Street Journal Pro Private Equity section has the exclusive article announcing that Carrick Capital Partners is ramping up its investment in Discovery Health Partners, nearly three years after the firm initially backed the company. The growth investment firm has purchased a majority stake in Discovery, betting the provider of cloud-based services to health plans and other health-care organizations will continue to expand its reach.

Click here to read the full article.

Discovery Health PartnersCarrick Capital takes larger stake in Discovery Health Partners
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Carrick Capital Partners acquires majority stake in Discovery Health Partners

Carrick makes significant investment, buying shares from early-stage investors to become majority shareholder

SAN FRANCISCO AND NEWPORT BEACH, CA (August 9, 2018) – Carrick Capital Partners, an investment firm focused on technology-enabled services including SaaS, Software, BPO and Transaction Processing, today announced the close of an additional significant investment in Discovery Health Partners.

The transaction, which follows an initial investment of $22.5 Million in August of 2015, makes Carrick the majority shareholder through the purchase of an undisclosed number of shares from early-stage investors.

“This investment underscores our confidence in the team, the market and the company’s execution,” said Carrick Capital Partners Managing Director Steve Unterberger. “We have witnessed how effectively Discovery has used their combination of an existing loyal customer base, powerful data analytics and machine learning expertise to rapidly develop new offers, specifically those focused on government funded programs. Our shared focus on operational excellence and growth, and our confidence in Discovery’s team, made this opportunity to take a majority position very attractive.”

Discovery Health Partners’ customer base consists of more than 60 health plans, including five of the 10 largest U.S. health plans, 12 Blues plans, more than 50 Medicare Advantage plans, and numerous regional and community plans. As reimbursement has become more complex and government programs have continued to grow, Discovery has led the industry in innovative solutions that help health plans and other healthcare organizations reduce waste, fraud, and inefficiency.

“Having worked closely with Discovery Health Partners for the past three years, the team at Carrick knows firsthand how the company has successfully grown to capitalize on the market opportunity in payment integrity. In Jason Brown, they have a phenomenal CEO who is a strategic thinker with great operating acumen. Customers today are looking to do more with fewer vendors, and Discovery has positioned themselves as the vendor of choice by leading the industry in innovation and earning unparalleled customer satisfaction,” added Carrick Capital Partners Managing Director Alex Mason.

According to Discovery Health Partners CEO Jason Brown, “Payment integrity for healthcare payers is rapidly evolving and the world is shifting to pre-pay as quickly as technology will allow. At Discovery, we are delivering solutions that will solve client problems not being addressed by other vendors. Our partnership with Carrick, which enables us to tap into their operational and technological expertise, has been critical to our success. It will play an even greater role as we continue building a portfolio of solutions that creates tangible value for our health plan clients. We are very pleased by the vote of confidence that Carrick’s additional investment represents and we are excited for the continued impact we will make together.”

Both Alexander Mason and Steve Unterberger will remain actively involved as members of the Discovery Health Partners Board of Directors.

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. Serving more than 60 health plans across the U.S., including five of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth—earning a spot on the Inc. 5000 list four years in a row and the Crain’s Fast 50 three times. For more information on Discovery Health Partners, go to www.DiscoveryHealthPartners.com.

About Carrick Capital Partners

Headquartered in San Francisco and Newport Beach, Carrick Capital Partners is a growth-oriented investment firm that utilizes ABV (Approach to Building Value) to operationally scale fast-growing, technology-enabled businesses. Carrick adds value by taking a concentrated approach and dedicating significant resources post-investment.  Leveraging decades of experience, Carrick helps scale great companies that deliver excellent returns for investors, stimulating economic growth and positively impacting the industry landscape. Working directly with CEOs and entrepreneurs, Carrick fulfills a vital need for investment capital and growth expertise. For more information, please visit www.carrickcapitalpartners.com.

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Discovery Health PartnersCarrick Capital Partners acquires majority stake in Discovery Health Partners
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Discovery welcomes Heather Rodemann as new Vice President of Subrogation Operations

Executive brings track record of subrogation operational excellence

ITASCA, IL (July 24, 2018) — Discovery Health Partners today announced the appointment of Heather Rodemann as its new Vice President of Subrogation Operations. Heather is responsible for directing the company’s Subrogation organization and driving continuous improvement in how the company delivers subrogation services for its clients.

Throughout her career, Heather has established herself as an innovative Subrogation expert. She spent 13 years at Optum, ultimately leading their Subrogation division where she was responsible for a 300-person team across 4 domestic locations and the Philippines, delivering hundreds of millions in recoveries annually for customers.

“Appointing Heather to lead our Subro organization is part of our continued commitment to delivering subrogation service excellence to our customers,” said Discovery’s CEO Jason Brown. “I’m confident Heather’s domain expertise combined with the great Subro team we have in place will enable us to make our Subrogation business the best in the industry.”

“I have a passion for serving customers, understanding what it takes to exceed their expectations, and helping organizations transform their operations in order to deliver profound client value,” commented Heather. “I am thrilled that I have the opportunity to put my passions to work for Discovery.”

 

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. For more information, go to DiscoveryHealthPartners.com.

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Discovery Health PartnersDiscovery welcomes Heather Rodemann as new Vice President of Subrogation Operations
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Discovery welcomes Andrew Blackmon as new Chief Revenue Officer

Executive brings experience growing tech-enabled healthcare companies, passion for improving US healthcare

ITASCA, IL (July 18, 2018) – Discovery Health Partners today announced that Andrew Blackmon has joined the company as its new Chief Revenue Officer.

As Discovery’s CRO, Andrew is responsible for cultivating successful, long-term relationships with US healthcare payers and helping to solve their challenges around revenue optimization, payment integrity and complying with regulatory changes.

Throughout his career of over 20 years, Andrew has developed a passion for leveraging technology-centric solutions that improve healthcare administration and transform the healthcare ecosystem.  He comes to Discovery from xG Health Solutions, a spin-out of Geisinger Health, where he served as Chief, Sales and Business Development. Prior to xG, Andrew led the Population Health and Risk Management sales team at McKesson via its acquisition of MedVentive.

“We are very excited to welcome Andrew to the team,” Jason Brown, Discovery CEO, commented. “His vision for how technology-powered solutions can improve the healthcare payer space is very well aligned with Discovery’s overall mission.”

“Andrew brings tremendous industry knowledge and a track record of building superior relationships with prospects and clients,” added Steve Unterberger, Managing Director at Carrick Capital Partners and a member of Discovery’s Board.  “We have the highest confidence that Andrew will play a key role in Discovery’s continued growth and in enhancing our value to clients with our continually expanding solution portfolio.”

About Discovery Health Partners

Discovery Health Partners’ mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies with government programs. For more information, go to DiscoveryHealthPartners.com.

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Discovery Health PartnersDiscovery welcomes Andrew Blackmon as new Chief Revenue Officer
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