Building the bridge between clinical platforms and healthier communities
MultiCare Capital Partners is the innovation and strategic investment arm of MultiCare Health System. As the conduit between MultiCare and a larger entrepreneurial ecosystem, we exist to fulfill MultiCare’s mission of partnering for healing and a healthy.
What we invest in
Strategic health care funds
Fund to fund investments that align with our core values and enable opportunities to invest and collaborate in a wider entrepreneurial ecosystem.
Seed and early stage companies
Direct venture investments in companies with the promise of enhancing our value as a health system to the community and creating disruption in health care overall.
Community impact investments
Investments that have a social impact to our community, foster the development of entrepreneurialism in our company culture and create pathways for expanding the traditional definition of what a health system can be for its community.
Investments beyond technology
MultiCare Capital Partners is open to investments beyond technology and taps into MultiCare as an environment to seek scalability, clinical resources and collaborative thought partners that dually benefit our portfolio companies and the health system.
As a strategic investor, MultiCare Capital Partners leverages the subject-matter expertise of our health system to support our investments. We act as both a source for potential outside opportunities and a champion of MultiCare’s clinical platforms to attract and maximize the return our investments deliver to the communities we serve.
MultiCare Capital Partners team
Parks joined MultiCare in 2015, where he currently serves as the managing director of MultiCare Capital Partners and the chief executive of MultiCare Pulse Heart Institute. He previously served as chief executive officer of the Cardiac Study Center and spent several years with Boston Scientific’s cardiac rhythm management division after eight years in the U.S. Navy as a submariner. Parks earned his MBA from the University of North Carolina, Chapel Hill.
Gomer initially joined MultiCare in 2018 as a program manager for hospital medicine at MultiCare Tacoma General and Allenmore hospitals. He is relatively new to Washington, having previously worked in international health care for NGOs such as Doctors Without Borders, as well as a hospital in China. Gomer’s area of focus is on building relationships with the entrepreneurial community in Washington. He obtained his MBA from the University of Denver.
Hart is no stranger to innovation, collaboration, and execution within the healthcare entrepreneurial ecosystem. She joined MultiCare Capital Partners in 2022. Hart previously co-founded MDisrupt, an enablement platform for digital health companies, and prior to that role co-led venture creation efforts for F-Prime Capital Partners focused on health data sciences. She enjoys learning from technology frameworks that enable deeper empathy among each of us and amplify our individual and collective strengths in service to higher quality clinical care and community building. Hart earned her BS from Auburn University, her MS (genetic epidemiology) and PhD (public health genetics, concentration applied health economics) from the University of Washington, and conducted her postdoctoral fellowship at Stanford University (biomedical data science).
Chao serves as an advisor for MultiCare Capital Partners. He previously worked as MultiCare’s director of technology advisory services. Chao joined MultiCare in 2017 as an administrative fellow. He leverages MultiCare’s technology and knowledge assets to identify, build and optimize partnerships through strategic investments or services relationships. Chao enjoys engaging with the Pacific Northwest investment community and learning from social impact and digital health innovators. He earned a master’s in health administration from the University of Washington.