Nashville Is One Of America's Hottest Cities Right Now And It's Not Just The Hockey

“Nashville is a place where people say ‘Here’s what can I do for you’, instead of asking what you can do for me, and it shows,” Mayor Barry tells me. “We are the friendliest, warmest, and most welcoming city in America. We’re diverse. We’re progressive. But we’re also pro-business. We still have that small town feel with lots of small businesses that are bringing their creativity and passion here, and it creates this unique culture that you don’t find anywhere else in America.”

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FCA NewsAndrew Bouldin
Investment Thesis Report: Opioid Abuse

FCA Venture Partners is especially interested in solutions addressing the treatment of Opioid prescription drug abuse. We are interested in meeting with any startup that has a solution addressing this problem. In an effort to show our thought leadership, we worked with Vanderbilt MBA student, Orin Brown, to put together this report. 

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NextGen Healthcare Announces Agreement to Acquire FCA Portfolio Company Entrada, Inc.

“Mobile health solutions – in the palm of the provider – are quickly becoming some of the most valuable real estate in healthcare,” said Rusty Frantz, President and CEO of NextGen Healthcare. “We intend to invest in expanding Entrada’s capabilities, continuing to provide enhancements to their already impressive platform. This acquisition will improve physician satisfaction by providing a better caregiver and patient experience, while enabling clients to improve financial outcomes.”

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Medical Reimbursements of America Acquired by Riverside Partners

FCA Venture Partners V, LP (FCA V) announced today that its portfolio company, Medical Reimbursements of America (MRA), has been acquired by Riverside Partners, a Boston-based private equity firm.  Headquartered in Franklin, TN, MRA is a recognized leader in the rapidly growing field of specialty reimbursement services for hospital revenue cycle departments.  MRA leverages proprietary technology to help hospitals and health systems resolve complex motor vehicle and workers' compensation accident claims.  Additionally, through its Payment Integrity division based in Ft. Lauderdale, FL, MRA provides underpayment identification and recovery services that ensure Medicare and Managed Care claims are paid accurately and fully.

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Grant Blevins Promoted to Associate

We are pleased to announce the promotion of Grant Blevins to Associate at FCA Venture Partners. 

Grant originally joined the firm full-time in the fall of 2014 as an Analyst. He will continue to support the firm in deal sourcing, research initiatives, due diligence, representation at industry conferences and events, and investor communications. Grant has also been a valuable resource to FCA's current portfolio companies by providing ongoing support from potential investor and customer introductions, operational best practices research, and more. 

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FCA NewsAndrew Bouldin
How metric-driven decisions can bring 'revolutionary' innovation back to healthcare

Julie Schulz, MD, MPH, and vice president of research and insights at Chicago-based Procured Health, sees the innovation gap firsthand. She says it occurred because hospitals have historically paid for "evolutionary rather than revolutionary" innovation. "Manufacturers can continue getting away with adding a new bell or whistle every six months because hospitals will continue to pay premiums for that," she says.

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Andrew Bouldin