Aug. 21, 2024
In this episode of Second Opinion, Meg FitzGerald, a nurse turned private equity investor, offers insights into how VCs and PEs are thinking of investing in healthcare and everything founders should know to raise from both. She discusses the slowdown in private equity deals due to high interest rates and market uncertainty, and highlights the merging of venture capital and private equity in healthcare, particularly in growth capital. She shares her experience transitioning from a clinical background to private equity, underscoring the value of healthcare expertise in investment decisions. Second Opinion is a podcast from Turpentine. Learn more: www.turpentine.co — SPONSOR: AWELL 🌟 Transform your healthcare operations with Awell! Say goodbye to manual work and Excel hell. Awell's CareOps orchestration platform helps design, implement, and improve care flows in days. Trusted by Astrana Health, Commons Clinic, and Better Health, Awell automates processes for faster care model improvements in 2 days or less. Visit awellhealth.com and mention Second Opinion for a free bootcamp. — FOLLOW: Meg https://www.linkedin.com/in/meghanmfitzgerald/ Christina https://www.linkedin.com/in/christinafarr/ Luba https://www.linkedin.com/in/lubagreenwood/ Ash https://www.linkedin.com/in/ashzenooz/ — RECOMMENDED PODCAST: 🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics. Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937 Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz YouTube: https://www.youtube.com/@ThisWontLastpodcast — TIMESTAMPS: (00:00) Intro (00:59) Meet Meg FitzGerald: Nurse and Private Equity Investor (01:19) Private Equity in Healthcare: Current Market Dynamics (03:09) Venture Capital vs. Private Equity in Healthcare (05:00) Challenges and Opportunities in Health Tech (11:23) The Role of Private Equity (18:51) Awell (19:49) Advice for Healthcare Professionals Entering Private Equity (31:26) The debrief (35:00) Wrap