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Innovative Health

Scottsdale, US · Founded 2014 · Arizona LLC · 1 known investors

Find your way into Innovative Health

52 people in our graph share verified history with the Innovative Health team — schools, employers, funds. One of them is your warm intro.

Andrew Vazunlockedknows Rick Ferreira · together at University of Toronto (overlapped)
×10knows the team · via 1315 Capital
knows the team · via University of Toronto

Innovative Health is an FDA-regulated single-use medical device reprocessing company specializing in cardiology and electrophysiology devices, gaining FDA clearance to reprocess and resell used catheters and other single-use devices. It serves hospitals in the United States, helping electrophysiology labs cut per-procedure device costs, such as those for atrial fibrillation treatments, by roughly 30%.

Circular EconomyHealthtechMedical Devices

Founders & leadership

Innovative Health was founded in 2014 by Rick Ferreira.

RF
Rick FerreirainFounder · CEORick Ferreira is a healthcare executive who has launched and sold healthcare companies focused on cost reduction and supply chain optimization. He currently serves as a managing partner at Alliance Healthcare Partners, an operating partner at 1315 Capital, and holds board positions at several healthcare organizations including Green Security, Peleton Medical, and AttWill Medical.
TETim Einwechter
Tim EinwechterinCFO

Board

CW
Craig WortmannMr. Wortmann is a manager of the Issuer.
AO
Adele OliviaMs. Olivia is a manager of the Issuer.
LS
Lee SolomonMr. Solomon is a manager of the Issuer.
EB
Elias BoufisMr. Boufis is a manager of the Issuer.

Investors · 1

1315 CapitalPhiladelphia · $5M – $40M

Reported raises · per SEC filings

Form D private placements

$18M disclosed across 2 rounds · 2016–2017

▶$5MraisedJul 2017 · 5 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim EinwechterExecutive Officer
  • Lee SolomonDirector
  • Rick FerreiraExecutive Officer, Director
  • Adele OliviaDirector
  • Elias BoufisDirector
  • Craig WortmannDirector
Offering amount
$5M
Amount sold
$5M
First sale
Jun 2017
Incorporated
Limited Liability Company, Arizona, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$13MraisedJul 2016 · 5 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Craig WortmannDirector
  • Adele OliviaDirector
  • Rick FerreiraExecutive Officer, Director
  • Tim EinwechterExecutive Officer
  • Lee SolomonDirector
  • Elias BoufisDirector
Offering amount
$13M
Amount sold
$13M
First sale
Jun 2016
Incorporated
Limited Liability Company, Arizona, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 3

by search overlap
Boston Scientific72 shared keywordsBoston Scientific supports external researcher-initiated studies through its Investigator Sponsored Research program, which funds independent investigations addressing disease understanding and treatment gaps of interest to the medical community.
Rf Surgical62 shared keywordsMedtronic is a healthcare technology company that develops medical devices and technologies — including pacemakers, robotic-assisted surgery systems, and AI-driven health tools — used by doctors, scientists, and engineers to treat pain and disease. It works with clinicians to create solutions aimed at treating conditions such as AFib.
Read the Press Release41 shared keywordsStryker is a medical technology company that develops and manufactures products across areas such as orthopaedics, surgical equipment, neurotechnology, and spine care for hospitals and healthcare providers. It operates globally across the Americas, Europe, Asia-Pacific, and the Middle East.

Companies competing with Innovative Health for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Innovative Health do?
Innovative Health is an FDA-regulated single-use medical device reprocessing company specializing in cardiology and electrophysiology devices, gaining FDA clearance to reprocess and resell used catheters and other single-use devices. It serves hospitals in the United States, helping electrophysiology labs cut per-procedure device costs, such as those for atrial fibrillation treatments, by roughly 30%.
Who founded Innovative Health?
Innovative Health was founded by Rick Ferreira in 2014.
Who are Innovative Health's investors?
Innovative Health's investors include 1315 Capital.
How much funding has Innovative Health raised?
Innovative Health has disclosed $18M raised across 2 rounds.
Where is Innovative Health headquartered?
Innovative Health is headquartered in Scottsdale, US.