Entrepreneurship is not an easy road. The first obstacle facing most startups is access to funding. Successfully raising capital to launch a business requires a significant amount of planning, preparation and time. So, once you’ve crossed that hurdle, it’s equally as important to ensure you have the right strategy and support to execute your plans as you prepare to hit the market, and eventually, scale for growth.
At CQuence Health, we’re not just an investor, we’re a true partner.
The companies we work with share our passion to better the healthcare community and positively impact patients’ lives. So, we take their success seriously. That means taking time to build deep relationships, understand their business and focus on their long-term growth.
Don’t just take it from us, hear what some of the healthcare leaders we work with have to say about a partnership with CQuence.
Set Up to Knockout
Some of the innovative healthcare leaders in our portfolio have partnered with CQuence from the very inception of their company, and not just because of the investment capital.
In 2016, CQuence first invested in DocPanel, a digital health company that connects hospitals and large health systems with subspecialty radiologists. Since then, the company has provided over 1.6 million subspecialty readings across the world.
“CQuence has been a part of DocPanel since we were in diapers,” said Nirish Mathias, founder and CEO of DocPanel. “They have provided us with capital, which you cannot live without. But over the years, they’ve also given us a steady hand, some guardrails and some perspective. It hasn’t been a traditional investment. There is a strategic element to the advice CQuence gives.”
CQuence’s approach to investment isn’t typical. We offer strategic guidance alongside investment capital as a one-two punch to enable businesses to establish their footing faster.
“It’s not just about investing money and turning away. It’s in fact exactly the opposite,” said Diego Reino, MD, founder and CEO of Intercept Telehealth. “It’s been investing money and helping us grow our company. But it’s also been a nice mentorship that has allowed us to make good decisions and continue to make decisions as we grow.”
As the CEO of Intercept Telehealth, Dr. Reino is in a unique position as both an entrepreneur and a practicing physician. He has been expertly trained in healthcare, but not in the best practices of running a business. By partnering with CQuence at an early stage, he credits the mentorship he’s received with helping avoid potential mistakes as the tele-critical care company begins to scale.
We Know Because We’ve Been There
With nearly 40 years of experience in running a healthcare business, we understand many small businesses are short on the time, talent and resources it takes to scale quickly.
The expertise available through CQuence’s professional service offering is something Tim Miller, CEO of WasteMedX, appreciates. He believes it’s allowed their eco-friendly medical waste disposal company to ramp up at a reasonable rate and cost.
“For a small company like ours, trying to go out there and hire all the people that you need is expensive, and we don’t have the money,” said Miller. “We’re entrepreneurs, we go out there and we wear a lot of different hats. So, having CQuence involved with us and being able to utilize some of the services like HR, IT, marketing and sales, has been fantastic for us.”
Martin Stuart, PhD, CEO of Mikroscan, has also felt the burden of wearing many hats and the accompanying sense of loneliness that comes with running a small business.
Mikroscan provides digital pathology, telemicroscopy and image archive services to pathologists to support a more accurate and timely diagnosis for patients. Dr. Stuart says leaning on CQuence’s professional services has allowed the company to focus on what’s really important to their customers and the patients they’re serving.
“To rely on a much larger organization with a lot of very skilled professional talent is just very encouraging,” said Dr. Stuart. “It’s great to know we are supported in that way.”
With You Every Step of the Way
We know the entrepreneurial journey is a challenging and bumpy road. Whether you’re just starting out, or you’re an established business looking to grow, you need access to ideas, experience, connections and capabilities to achieve your goals.
When Kada Health was first established in 2023, CQuence worked right alongside the company to prepare the business venture for the market. Kada Health works to help healthcare organizations reach peak operational performance through management services, program development expertise, and interim CEO and turnaround leadership.
As more care shifts outside of traditional hospital settings, Kada Health also brings expertise in design, development and management of ambulatory surgery centers, imaging centers, office-based laboratories and other ambulatory sites of care.
Because of the niche nature of their business, it was imperative that the company had the right people on board to execute their plan and the credibility to reach their audience of hospital boards and executive leadership. At just over a year in, and Kada Health is off and running.
“As an organization, now that we’re established, the support and infrastructure that we can leverage from CQuence Health is an immense asset and benefit to us as we work to serve our market and our clients,” said Shane Cerone, CEO of Kada Health.
Making A Bigger Impact
We’re on a mission to improve healthcare, from patient safety to innovation, sustainability and everything in between. By partnering with businesses who share that mission, we are on our way to achieving our goal of touching 1 billion patient lives by 2030.
If you’re interested in joining our portfolio of healthcare companies making an impact in healthcare, reach out and see how we can work together.