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INVESTMENT TEAM - Richard H. Stowe

Leadership

Richard H. Stowe
General Partner
Health Enterprise Partners

Mr. Stowe co-founded HEP after serving as a Senior Advisor to CBHV’s two funds. He has been active in the private equity business since 1970. He currently serves on the board of MobileMD Inc. He was a General Partner of Welsh, Carson, Anderson & Stowe from April 1979, shortly after the firm’s formation, until December 1998. From 1999 until 2005, Mr. Stowe was also a Senior Advisor to Capital Counsel, LLC, a firm managing approximately $1 billion in marketable securities. From 1970 to 1979, Mr. Stowe was a principal of New Court Securities Corporation (now Rothschild Inc.), a large venture capital firm at the time.

Mr. Stowe is a trustee emeritus of Bowdoin College, where he served as Chairman of the Investment Committee from 2001 to 2004. He is also a member of Harvard Business School’s Healthcare Initiative Advisory Board and Harvard School of Public Health’s Health Policy and Management Executive Council, and a former member of Harvard Business School’s Board of Dean’s Advisors. He is a director of Brim Holding Company, Inc. (a CBHF II company) Behavioral Centers of America Holdings LLC and ContinuumRx (Health Enterprise Partners’ companies), HMS Holdings Corp. (NASDAQ: HMSY), and MobileMD, Inc.

Mr. Stowe holds a BSEE degree from Rensselaer Polytechnic Institute (1965) and an MBA from Harvard Business School (1970), where he was a Baker Scholar.

Representative Investments:

• Behavioral Centers of America Holdings, LLC – Owner/operator of behavioral centers
  
  
• Brim Healthcare – Owner/operator of community acute-care hospitals 
  
  
• Behavioral Healthcare Corporation (Name changed to Ardent, psychiatric operations acquired by Psych Solutions in 2005) – Owner/operator of behavioral centers
  
  
• EmCare Inc. (IPO December 1994; Acquired August 1987) – Outsourced emergency physician staffing and administrative services
  
  
• HMS Holdings Corp. (IPO December 1992; NASDAQ: HMSY) – Cost containment services for government-funded and commercial healthcare payors 
  
  
• MedQuist (Control acquired by Philips Electronics December 2000) – Electronic transcription and document management services
  
  
• Medaphis (Name change to Per Se Technologies, acquired by McKesson in 2007) – Business services and technology solutions for physicians and hospitals
  
  
  

Joined HEP/CBHV: 2002