David J. Brailer (born July 16, 1959) is known for founding and investing in leading health IT companies.
David J. Brailer | |
|---|---|
| Born | David J. Brailer July 16, 1959 |
| Alma mater | Wharton School of the University of Pennsylvania (Ph.D) West Virginia University School of Medicine (MD) |
| Occupations |
|
| Known for | United States of America's first Health Information Czar |
| Spouse | Matthew Rhoa MD |
| Children | Preston Brailer, Arden Brailer |
| Website | Cigna |
On May 6, 2004, Brailer was appointed by the administration of President George W. Bush as the nation's first 'Health Information Technology Czar'.[1] Brailer's official title was National Health Information Technology Coordinator. In this role, he developed the nation's strategy for electronic records and transformation of research and public health with the goal of widespread deployment of health information technology within 10 years.[2][3]
Brailer remained in his government post for two years.[4] Following his public service, he transitioned to the private sector where he has held several executive and advisory positions.
Education edit
Brailer holds doctoral degrees in both medicine and economics. He earned his Ph.D. in managerial economics from the Wharton School of the University of Pennsylvania in 1992 and his M.D. from West Virginia University School of Medicine in 1986.[5]
While in medical school, he was a Charles A. Dana Scholar at the University of Pennsylvania, School of Medicine. Brailer served on the board of trustees of the American Medical Association. He completed his medical residency at the Hospital of the University of Pennsylvania and became board certified in internal medicine. Brailer was a Robert Wood Johnson Clinical Scholar at the University of Pennsylvania.[5]
He earned his bachelor's degree in science and political science from West Virginia University.[6]
Career edit
University of Pennsylvania edit
After completing a general medicine residency at the Hospital of the University of Pennsylvania in 1991,[5] Brailer worked at the University of Pennsylvania as a physician in general medicine and immune deficiency.[6]
Brailer holds an adjunct professorship at the Wharton School, is an associate professor in internal medicine for the University of Pennsylvania Health System, and is a senior fellow for the Leonard Davis Institute of Health Economics.[6]
Previously at the Wharton School, he founded the health management program's health information technology program, taught in the MBA program, and lectured in the executive education program.[6]
CareScience edit
In 1992, Brailer left academia and founded a company spun out of his Ph.D. thesis. This became CareScience Inc., a Philadelphia software firm that helped hospitals improve efficiency and prevent errors.[5] Under Brailer, CareScience established the nation's first health care Application Service Provider (ASP). Brailer led the company through several financings, strategic partnerships, an initial public offering in 2000, and sales to global software firm Quovadx in 2003.[7]
Health Technology Center edit
After CareScience, Brailer took an advisory role at Health Technology Center, a non-profit research and education organization that provides strategic information and resources to health care organizations about the future impact of technology in health care delivery. There, he advised the Center on a number of regional and national data sharing projects.[8]
Health Evolution Partners edit
In mid-2007, Brailer founded Health Evolution Partners, a private equity fund focused on rapidly growing middle market companies in the health care industry, with a mission to “invest in things that can reduce the crushing costs of health care.”[9] The California Public Employees' Retirement System (CalPERS) invested $700 million in the fund.[9] Health Evolution Partners targeted opportunities across the key sectors of the health care economy – hospitals, physicians, managed care, pharmaceutical developers, device makers and consumer products and services. Notable Health Evolution Partners investments included Halcyon Home Health, Prolacta Bioscience, Optimal IMX, Mollen Immunization Clinics, Kisimul, Freedom Innovations, CenseoHealth and CambridgeSoft.[10]
Notable exits:
On April 12, 2006, Kisimul Group was acquired by Bowman Capital in a £8.5 million deal. [11]
On March 23, 2011, CambridgeSoft was acquired by PerkinElmer, Inc. in a $220 million deal.[12]
On December 7, 2017, CenseoHealth and Advance Health were acquired by New Mountain Capital for an undisclosed amount. [13]
On January 10, 2018, Freedom Innovations was acquired by Otto Bock HealthCare for an undisclosed amount. [14]
Cigna edit
In September 2022, Dr. Brailer was named the Chief Health Officer of Cigna. [15]
Brailer serves on a number of boards of directors, including Prolacta Biosciences, Walgreens, and Health Evolution.[6][16]
US Department of Health and Human Services edit
On May 6, 2004, Brailer was appointed as the first National Health Information Technology Coordinator, pursuant to Executive Order 13335 by President George W. Bush on April 27, 2004, which called for widespread deployment of health information technology within 10 years.[3]
In this role, Brailer designed and directed a bipartisan effort to encourage the digitalization of health care. His work led to the formation of both the National Health Information Network and the Meaningful Use incentives program for the adoption of electronic health records.[2]
Awards and achievements edit
Brailer was the first recipient of the National Library of Medicine Martin Epstein Award for Medical Computing Research for a student paper on expert systems.[5]
He was also one of the first medical students to serve on the board of trustees for the American Medical Association.[5]
Most notably, he was the country’s first health IT czar, leading the national effort to digitalize healthcare.
See also edit
References edit
- ^ Rabinovitz, Jonathan. (February 9, 2005). "Federal health information czar pushes for electronic medical records for all". Stanford Report.
- ^ a b Colliver, Victoria (March 24, 2006). "Digital-records crusader / S.F. doctor promotes electronic health data". The San Francisco Chronicle.
- ^ a b Mullaney, Timothy J. (October 31, 2005). "This Man Wants to Heal Healthcare". BusinessWeek Online. McGraw-Hill Companies Inc. Archived from the original on October 24, 2005.
{{cite web}}: CS1 maint: unfit URL (link) - ^ "David J. Brailer Resigns as Health IT Czar". ANSI News. April 20, 2006. Archived from the original on September 11, 2009. Retrieved August 23, 2009.
- ^ a b c d e f Ledger, Martha (Fall 2005). "Prescription: Better Information Technology for Better Health" (PDF). Penn Medicine. Vol. 18, no. 1. pp. 6–12. Archived from the original on December 4, 2010.
{{cite magazine}}: CS1 maint: unfit URL (link) - ^ a b c d e "David J. Brailer Ph.D., M.D.: Executive Profile & Biography". Bloomberg. Archived from the original on October 13, 2017. Retrieved October 12, 2017.
{{cite web}}: CS1 maint: unfit URL (link) - ^ "Technology Briefing: Software: Quovadx To Buy Carescience For $28 Million". The New York Times. August 15, 2003.
- ^ "Archived copy". news.walgreens.com. Archived from the original on October 13, 2017. Retrieved January 14, 2022.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ a b Rauber, Chris (September 10, 2007). "Health Evolution Partners details strategy for $700M in investments". San Francisco Business Times. American City Business Journals.
- ^ "Health Evolution Partners - Home". Archived from the original on August 27, 2010. Retrieved August 12, 2010.
- ^ "Bowmark Capital announces acquisition of Kisimul Group". Bowmark Capital. Retrieved December 6, 2022.
- ^ "PerkinElmer agrees to buy CambridgeSoft". Boston Globe. March 24, 2011. Archived from the original on September 30, 2012.
{{cite news}}: CS1 maint: unfit URL (link) - ^ CenseoHealth. "CenseoHealth And Advance Health Announce Investment By New Mountain Capital". www.prnewswire.com. Retrieved December 6, 2022.
- ^ "Freedom Innovations purchased by OttoBock HealthCare". Mid-Utah Radio. Retrieved December 7, 2022.
- ^ Burky, Annie (August 31, 2022). "Cigna names David Brailer, former federal HIT leader, as first chief health officer". Fierce Healthcare. Retrieved September 21, 2022.
- ^ "About Us". Health Evolution. Retrieved October 5, 2022.
External links edit
- "David Brailer". Healthcare IT News. HIMSS Media. Archived from the original on October 13, 2017. Retrieved October 12, 2017.