Frazier Healthcare Partners has named Barbara Wachsman as senior adviser to its growth buyout team. Wachsman retired from The Walt Disney Company in early 2018 where she was the director of strategy and engagement for enterprise benefits.
SEATTLE–(BUSINESS WIRE)–Frazier Healthcare Partners announced today the appointment of Barbara Wachsman as a new addition to the Firm’s exceptional group of Senior Advisors to the Growth Buyout team.
“Barbara is an extraordinary executive with more than 30 years of experience with particular knowledge and expertise in managed care, and healthcare and wellness benefits administration,” said Brian Morfitt, General Partner. “We are honored to have her on the Frazier team and look forward to her valuable insights and wise counsel as part of our strategic approach to investing.”
“I’m very excited to be joining the Frazier organization as a Senior Advisor. Money is plentiful in today’s market and high-quality companies have choices with whom to work,” said Ms. Wachsman. “Frazier differentiates itself by having a true collaborative culture and ability to bring capital and outstanding thought leadership to bear that allows a healthcare company to realize its growth potential.”
About Barbara Wachsman:
Ms. Wachsman retired from The Walt Disney Company in early 2018 where she was the Director of Strategy and Engagement for Enterprise Benefits. In this position, she led the strategic initiatives and her team designed benefits programs that identified and addressed Disney’s long-term healthcare and retirement goals and objectives.
Prior to joining Disney, Ms. Wachsman spent close to thirty years in senior management positions with two international benefit consulting firms, as well as served as a Principal with Arthur Andersen, where she ran the West Regional Human Capital practice.
Ms. Wachsman is a national speaker on topics such as hospital/physician/employer relations, effective managed care models and provider reimbursement models, wellness and incentives and has published articles in Pension&Investments, Business Insurance and specialty health care journals about the value of managed care. Much of her work has involved helping employers and providers create more effective, direct partnerships. Upon retiring she served as the Chair of the Pacific Business Group on Health (PBGH), one of the largest and most established employer coalitions of “jumbo” employers in the country and is remains an active member of the Employer Healthcare Innovation Roundtable, a group of select employers that evaluate various venture capital portfolios. Barbara created a “strategy lab” at Disney which sponsored startups in the healthcare space, three of which are pilots providing services to Disney Cast Members. She is also a Board Member on the American Board of Medical Specialties.
She holds Master of Public Health and Master of City and Regional Planning/Architecture degrees from the University of California, Berkeley and is a Phi Beta Kappa graduate of Scripps College in Claremont, California where she received her Bachelor of Arts degree.
About Frazier Healthcare Partners:
Founded in 1991, Frazier Healthcare Partners is a leading provider of growth and venture capital to healthcare companies. With nearly $4.2 billion in total capital raised, Frazier has invested in more than 170 companies with investments ranging from company creation and venture capital to buyouts of profitable lower-middle market companies. The firm’s Growth Buyout team invests in healthcare and pharmaceutical services, medical products and related sectors. The Life Sciences team invests in therapeutics and related areas that are addressing unmet medical needs through innovation. Frazier has offices in Seattle, Wash., and Menlo Park, Calif., and invests broadly across the U.S., Canada and Europe.
For more information about Frazier Healthcare Partners, visit www.frazierhealthcare.com.