David Berman

Managing Partner and Co-Founder, Lorient Capital

David Berman

Managing Partner and Co-Founder, Lorient Capital

Biography

David Berman is a Managing Partner and Co-Founder of Lorient, a private investment firm focused exclusively on the healthcare industry that pursues investments in the “micro” middle market. Lorient’s distinctive approach blends its roots as entrepreneurs, operators, and investment professionals to build market-leading healthcare services companies. Prior to starting Lorient, David was a member of the executive team at USMM, focused on strategy and development. At USMM, David created and served as CEO of USMM Accountable Care Partners, an Accountable Care Organization managing over 30,000 high-risk Medicare beneficiaries. The USMM ACO saved CMS $15.1 million in its first year with the program, and over $44 million in its second year, ranking 4th out of 432 ACOs nationally. In addition, David was responsible for the integration of Centene’s acquisition of USMM, including building out seven new states and launching shared savings initiatives with multiple health plans. Prior to joining USMM, David was an investment banker with B.C. Ziegler & Co. where he advised healthcare technology and services companies on various strategic and financial alternatives, most notably the sale of USMM to Centene (NYSE:CNC) in December 2013 for $325 million. David began his career at J.P. Morgan. David holds a Bachelor of Science in Finance from the University of Maryland.

All session by David Berman

Panel: Private Equity Pivot to Healthcare

25 Oct 2019
8:30 am - 9:20 am