Frazier Adds Dr. René Lerer to Team of Trusted Senior Advisors

Business Wire

SEATTLE--(BUSINESS WIRE)-- Frazier Healthcare Partners today announced that Dr. René Lerer has been named a Senior Advisor to the firm’s Growth Buyout team.

Dr. Lerer is president of GuideWell Mutual Holding Corporation and Florida Blue. GuideWell is a $14 billion, not-for-profit health solutions organization that is the parent to a family of forward-thinking companies, including the leading health insurer in Florida.

“We are delighted to welcome René to Frazier. His extensive leadership and management experience in managed care and payor services will provide us with valuable insights and perspective as we look to acquire and build market-leading businesses,” said Nathan Every, General Partner.

“Frazier’s work offers an exciting window into the evolving healthcare landscape,” Dr. Lerer noted. “I am very pleased to have been asked to join the firm’s distinguished group of senior advisors and I look forward to collaborating with the team and their portfolio companies.”

About Dr. René Lerer

Dr. Lerer has more than 30 years of experience in executive management with leading national health care organizations. Prior to joining the GuideWell organization, Dr. Lerer served as executive chairman of Magellan Health Services, now Magellan Health, a $5 billion, Nasdaq-listed specialty health care management company focused on behavioral health, pharmacy and other complex areas of health care. During his tenure with Magellan, Dr. Lerer also served as chief executive officer and as president and chief operating officer.

Earlier in his career he held positions as co-founder and president of Internet HealthCare Group, a health care technology venture fund; chief operating officer of Prudential Healthcare; and president of The Travelers Health Network. He also served as senior vice president of operations, pharmacy, and disease management with Value Health, Inc., a New York Stock Exchange-listed specialty managed care organization.

Dr. Lerer serves on the board of directors of York Risk Services Group, Prime Therapeutics, Availity, and on the board of HIAS, the international migration agency of the American Jewish community. Dr. Lerer holds a bachelor’s degree in psychobiology from Oberlin College and a doctor of medicine degree from the State University of New York at Buffalo. He is board-certified in internal medicine.

About Frazier Healthcare Partners

Founded in 1991, Frazier Healthcare Partners is a leading provider of growth and venture capital to healthcare companies. With nearly $3.0 billion total capital raised, Frazier has invested in over 170 companies, with investment types 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, WA and Menlo Park, CA, and invests broadly across the US, Canada, and Europe.

For more information about Frazier Healthcare Partners, visit the company’s website at http://www.frazierhealthcare.com.