Albert S. Waxman

Albert S. Waxman

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Senior Managing Member & CEO

Bio

Dr. Albert Waxman co-founded Psilos Group, a healthcare-focused venture and growth equity fund, after a lengthy career as a healthcare entrepreneur. Today he serves as Senior Managing Member and CEO of the fund. As a serial entrepreneur, Dr. Waxman recognized the need for the value-added investor--one who understands and can impact all facets of growing company development from strategy and operations to financial and business development.

Through his activities at Psilos, Dr. Waxman is chairman and/or a director of several Psilos companies including: Click4Care, HealthEdge, SeeChange Health and Mauna Kea. He is also on the Board of Cenegenics (a non-Psilos investment). He focuses much of his time on building relationships among Psilos companies and leading Psilos' overall investment strategy.

Prior to founding Psilos, Dr. Waxman spent nine years as Chairman and Chief Executive Officer of Merit Behavioral Care and its predecessor companies, American Biodyne and Medco Behavioral Care. During this period, he brought American Biodyne public, led its sale to Medco Containment Services (later acquired by Merck), organized a management buyout of it from Merck with KKR, and grew the company's revenues to over $800 million. Merit Behavioral Care was acquired by Magellan Health Services in February 1998.

Prior to American Biodyne, Dr. Waxman founded and served as President, Chairman and CEO of Diasonics, Inc., one of the first medical companies to provide ultrasound and magnetic resonance imaging in the U.S. Dr. Waxman holds several U.S. and foreign patents for display, imaging and diagnostic technologies and products. He has also been instrumental in the start-up and success of several other healthcare companies throughout his career in both the health services and medical device sectors.

Dr. Waxman holds a Bachelor of Science degree in Electrical Engineering from the City College of New York and Master and Doctoral degrees in Electrical Engineering and Physics from Princeton University.

Location

New York, New York, United States, North America

Social

Primary Organization

Psilos Group

Psilos Group

Founded

1998

Investment

37

Lead investment

18

Exits

16

Employees

1-10

Industry

Venture Capital, Impact Investing, Health Care

Jobs history

0

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Board and Advisor Roles

0

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Profile Resume

Albert S. Waxman is the Senior Managing Member & CEO at Psilos Group, based in New York, New York, United States, North America. With a background in Venture Capital, Albert S. Waxman has a rich history of leadership and innovation. Albert S. Waxman studied unknown Electrical Engineering @ Princeton University. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.

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Investment portfolio

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Number of investment

1

Number of exits

0

Personal investment

0

There is no personal investment available on this profile

Partner investment

1

Annouced DateOrganization NameFunding RoundInvestor NameMoney Raised
Jan 23, 2008
Mauna Kea Technologies Mauna Kea Technologies
Series B - Mauna Kea Technologies
Mauna Kea Technologies Psilos Group
30.0M

Exits

0

There is no exit available on this Profile

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Recent Activity

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