Heritage Group, a healthcare-focused private equity firm, has successfully closed its Heritage Healthcare Innovation Fund IV (Fund IV), raising over $370 million in capital commitments.
Fund IV will continue the firm’s strategy of investing in high-growth healthcare services and technology businesses. A key part of their approach is engaging deeply with health system and payer partners, enhancing value from sourcing to commercialization.
Backed by major healthcare organizations, including health systems with over 800 hospitals and payers covering more than 75 million lives, Partners Jesse Bland and Bryan Bui expressed gratitude for investor confidence, which they attribute to their effective strategic model and capacity to scale innovative healthcare businesses.
KEY QUOTES:
“We are grateful for the continued support from our longtime investors and excited to welcome several new limited partners to Fund IV. Their confidence reflects the strength of our strategic model and our ability to identify and scale businesses across some of the highest growth subsectors of the healthcare ecosystem.”
Jesse Bland, Partner at Heritage Group
“Our strategic investors aren’t just capital providers—they’re true partners in how we source, evaluate, and grow businesses. We work hard to maintain a two-way dialogue with our limited partners, ensuring they have early and direct access to emerging innovation while also bringing their insights into every stage of our investment process.”
Bryan Bui, Partner at Heritage Group
“Heritage enables us to engage directly with some of the most forward-thinking healthcare companies in the market. Their ability to surface emerging trends early, connect us with innovative solutions, and create meaningful opportunities for strategic collaboration across the ecosystem makes them a uniquely valuable partner.”
Tim Hingtgen, CEO of Community Health Systems
“Heritage has been an invaluable partner to our team—delivering strategic value well beyond capital. Their deep understanding of the healthcare landscape, collaborative approach, and strategic connectivity have helped us accelerate growth and expand our impact in meaningful ways.”
David Siegel, CEO of Nationwide Medical, a Heritage Group portfolio company
