How much funding has HealthPartners raised?

HealthPartners has disclosed $160M raised across 2 rounds.

Where is HealthPartners headquartered?

HealthPartners is headquartered in Minneapolis, US.

HealthPartners

Minneapolis, US · Founded 1957 · Minnesota corporation · 7,283 employees on LinkedIn

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HealthPartners is a health system and health insurance organization that provides medical care and coverage while working to reduce health disparities in the communities it serves. It focuses on advancing health equity in chronic disease care, preventive screenings, and maternal and child health.

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Founders & leadership

TODD HOFHEINS EVP, Chief Financial Officer2018–2020Todd Hofheins is an executive officer at HealthPartners with over 24 years of experience in healthcare business operations, including mergers and acquisitions, capital raising, and organizational transformation.

Blake Berquist Executive Vice President, Chief Financial OfficerHe is a Certified Public Accountant and Chartered Financial Analyst with over 17 years of experience in mergers and acquisitions, financial planning, and financial management.

Mark Hansberry Executive Vice President, Chief Strategy and Growth OfficerMark Hansberry is Executive Vice President, Chief Strategy and Growth Officer at HealthPartners, a health system and insurance organization. He has held leadership roles in healthcare strategy and delivery across competitive markets, with experience in population health, accountable care, and healthcare financing.

Sarah Karlgaard Senior Vice President and Chief Legal OfficerSarah Karlgaard is Senior Vice President and Chief Legal Officer at HealthPartners, a health system and insurance organization. She brings legal expertise in healthcare, privacy, security, HIPAA compliance, corporate transactions, and regulatory matters.

Sue KnudsonExecutive Vice President, Chief Health Engagement and Informatics Officer

Megan RemarkExecutive Vice President, Chief Operating Officer

Mark Sannes Chief Medical OfficerMark Sannes is Chief Medical Officer of HealthPartners Care Group, overseeing hospitals and clinics across Minnesota and western Wisconsin. He joined HealthPartners in 2006 as an infectious disease physician and has held roles including clinical lead during the COVID-19 response and Senior Medical Director for Medical Specialties; he holds a medical degree from the University of Minnesota Medical School and a Master of Science in Clinical Research from the University of Minnesota School of Public Health.

Tobi Tanzer Senior Vice President, Integrity and Compliance, Chief Compliance OfficerTobi Tanzer is Senior Vice President of Integrity and Compliance and Chief Compliance Officer at HealthPartners, where he leads employee health services and compliance initiatives. He is an attorney with experience in healthcare and nonprofit compliance, and has lectured on privacy, conflicts of interest, and healthcare ethics.

DeLinda Washington Senior Vice President, Chief People OfficerDeLinda Washington held human resources leadership roles at PepsiCo, Frito-Lay, Fannie Mae, and Honeywell, with expertise in organizational development, talent management, and employment law; she holds a JD degree.

Andrea WalshPresident and CEO

LAURA OBERSTNamed on SEC filing

DEB HOPPNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$160M disclosed across 2 rounds · 2018–2020

▶$110MraisedMay 2020 · 2 investors · Health Insurance

Rule 506(b)

Officers, directors & promoters on the filing

ANDREA M. WALSHExecutive Officer
BRIAN RANKExecutive Officer, Director
LAURA OBERSTDirector
TODD HOFHEINSExecutive Officer
THOMAS BRINSKODirector
DEBORAH HOPPDirector
SUSAN HOYTDirector
NANCY EVERTExecutive Officer
SHARON PIERCEDirector
RAE ANN WILLIAMSDirector
NANCY A. MCCLUREExecutive Officer
PHIL DONALDSONDirector
BRAD WOZNEYDirector
AMY LANGERDirector
JEFFREY MENDELOFFDirector
SONDRA SAMUELSDirector
STEVE CONNELLYExecutive Officer
MORRIS GOODWIN, JR.Director
JIM EPPELExecutive Officer
JAMES MALECHADirector
LUZ MARIA MINNEAPOLISDirector

Offering amount: $110M
Amount sold: $110M
Sales commissions: $550K
Placement agents: PIPER SANDLER & CO
First sale: May 2020
Incorporated: Corporation, Minnesota
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$50MraisedNov 2018 · 1 investors · Business Services

Rule 506(b)

Officers, directors & promoters on the filing

LAURA OBERSTDirector
DEB HOPPDirector
ANDREA WALSHExecutive Officer
CHRISTOPHER TASHJIAN, MDDirector
JIM EPPELExecutive Officer
TODD HOFHEINSExecutive Officer
MORRIS GOODWINDirector
AMY LANGERDirector
JEFFREY MENDELOFFDirector
STEVE CONNELLYExecutive Officer
THOMAS BRINSKODirector
RAE ANN WILLIAMS, MDDirector
LUZ MARIA FRIASDirector
PHIL DONALDSONDirector
BARB TRETHEWAYExecutive Officer
DONALD LEWISDirector
SUSAN HOYTDirector
JAMES MALECHADirector
RUTH MICKELSENDirector
NANCY MCCLUREExecutive Officer
BRIAN RANKExecutive Officer

Offering amount: $50M
Amount sold: $50M
Sales commissions: $250K
Placement agents: PIPER JAFFRAY & CO
First sale: Nov 2018
Incorporated: Corporation, Minnesota
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

4 people who came through HealthPartners went on to found or lead other companies.

Brent AsplinEmergency PhysicianFounded Gather Health +1 Andrew TranSoftware Engineer InternFounded Alkera AI Berk TasManaging Director, Clinical InnovationsFounded SentiAR Bill StapletonCFOFounded Ria Health

Frequently asked questions

What does HealthPartners do?: HealthPartners is a health system and health insurance organization that provides medical care and coverage while working to reduce health disparities in the communities it serves. It focuses on advancing health equity in chronic disease care, preventive screenings, and maternal and child health.
How much funding has HealthPartners raised?: HealthPartners has disclosed $160M raised across 2 rounds.
Where is HealthPartners headquartered?: HealthPartners is headquartered in Minneapolis, US.