Jim Brady has joined Marlin Equity Partners as an operating partner, with a focus on the healthcare IT and services sector. He was founder and CEO of Payerpath (acquired by Misys Healthcare Systems in 2006), and later served on the board of Misys Healthcare Systems and the operating board of parent company Misys PLC.
PRESS RELEASE
Marlin Equity Partners is pleased to announce that it has committed significant capital to pursue acquisitions in the healthcare sector and, as part of this effort, has added Jim Brady as an Operating Partner to help evaluate investment opportunities and provide portfolio oversight. Marlin has partnered with Mr. Brady to focus on the healthcare IT and services sectors.
“Jim is a proven industry veteran and his deep domain expertise and operating experience are an excellent fit with Marlin as we seek investment opportunities in the healthcare sector. I am confident that his experience in building and operating market-leading healthcare companies positions us to be successful in this attractive industry,” said David McGovern, Managing Partner of Marlin Equity Partners. “Healthcare is a large, complex and diverse market, with payers and providers facing constant political and regulatory pressures coupled with a difficult reimbursement environment. Marlin will look to commit capital to healthcare IT and services businesses that offer cost-effective solutions to these challenges.”
“I am very excited about joining an organization with such a tremendous reputation and impressive track record,” stated Mr. Brady. “Marlin’s commitment to healthcare demonstrates the abundance of opportunities that exist in this evolving market. Marlin is the ideal financial partner given their committed capital, execution capabilities, and operational resources.”
Mr. Brady has over 20 years of experience as an operator in the healthcare IT and services sectors. He was founder and CEO of Payerpath, Inc., a web-based claims management system for healthcare providers and payers. After the sale of Payerpath to Misys Healthcare Systems in 2006, Mr. Brady served on the Board of Misys Healthcare Systems, as well as on the Operating Board of its parent company, UK-based Misys plc. Prior to Payerpath, Jim held various leadership positions in the healthcare sector, including the healthcare division of National Data Corporation, and Health Communication Services, a firm acquired by NDC.