Frazier Healthcare Partners said Sept. 7 that Brock Hardaway has joined the firm as an Operating Partner on the Growth Buyout team. Hardaway most recently served as CEO of Millennium Health.
September 07, 2016 05:00 AM Eastern Daylight Time
SEATTLE–(BUSINESS WIRE)–Frazier Healthcare Partners, a leading provider of growth capital to healthcare companies, announced today that Brock Hardaway has joined the firm as an Operating Partner on the Growth Buyout team. He will assist the Growth Buyout team with identifying and executing opportunities in the post-acute sector.
“We are thrilled to welcome Brock to Frazier Healthcare Partners,” said Nathan Every, General Partner. “Brock’s career as a leading executive in healthcare services across a series of companies is a perfect fit for our Operating Partner program.”
Brock most recently served as CEO of Millennium Health, the nation’s largest specialty, clinical toxicology lab. In addition to clinical toxicology and under his leadership, the company developed a suite of genetic testing and predictive analytic products that armed healthcare providers with medication intelligence in an effort to improve medication effectiveness. Brock served on the board of Millennium Health and while in San Diego was also on the board of Big Brothers Big Sisters of San Diego, where he launched a highly successful STEM program in conjunction with Millennium Health.
Brock has also spent more than 23 years in various leadership and senior executive roles in the post-acute sector. As Executive Vice President at Kindred Healthcare, Brock had leadership responsibility for more than 60 specialty and rehab hospitals across the U.S. and managed well over $1 billion in annual revenue. Prior to the acquisition of RehabCare by Kindred, Brock was President of the Hospital Division at RehabCare where he led the day-to-day operations of the RehabCare specialty hospitals nationwide. Before joining RehabCare/Kindred, Brock was the President & COO of Triumph Healthcare, a Houston-based specialty Hospital Company. Under Brock’s leadership, Triumph grew from a small, single market player to being a national, highly regarded company that was later sold to RehabCare. Brock also held leadership roles with Select Medical Corporation, and started his successful career in the post-acute arena with Vencor. Early on, Brock worked in various aspects of healthcare consulting and gained valuable health plan experience during his time with Blue Cross Blue Shield of Texas.
About Frazier Healthcare Partners
Founded in 1991, Frazier Healthcare Partners is a leading provider of growth and venture capital to emerging healthcare service and biopharma companies. With nearly $2.9 billion under management, Frazier has invested in over 170 companies ranging from early-stage venture investments to buyouts of profitable lower-middle market companies. For 25 years, Frazier has established itself among entrepreneurs and seasoned executives as the preferred partner to help create and rapidly grow market leading healthcare companies. Frazier Healthcare Partners has offices in Seattle, Wash., and Menlo Park, Calif., and invests broadly across the United States, Canada and Europe.
For more information about Frazier Healthcare Partners, visit the company’s website at http://www.frazierhealthcare.com.