Primary Job Title Managing Partner Primary Organization 
TEXO Ventures
Location Austin, Texas, United States Regions Southern US Gender Male
LinkedIn View on LinkedIn
As an active investor and the founder of multiple healthcare ventures, including a publically traded Medicare-Advantage Health Plan, Phil understands what it takes to build a successful healthcare company. After working for over 30 years as a healthcare entrepreneur and a physician, he also has a first-hand understanding of the complexities and
challenges of the healthcare system. While his vision for hospitalist medicine and medical management strategies can be found in national publications like Managed Healthcare Executive, Health Insurance Underwriters, The Hospitalist Magazine, and Disease Management Advisor, he is most proud of his work with entrepreneurs. Many healthcare startups fail because they lack the network and influence to not only validate their product or service, but also drive adoption. Phil gives entrepreneurs unrivaled access to the resources they need to be successful.
Phil focuses on Managed Care & Benefit Design and Technology-Enabled Health Services. He currently sits on the board of TEXO portfolio companies Televero Health, Precedent Health and Employer Direct. He also funded and launched the Sanger Learning Center, the main resource for academic support at the University of Texas at Austin.
Phil has dedicated his career to patients and the entrepreneurial endeavors that would better serve them. In the early 1980s, he served as the Chief of Pulmonary Medicine at the Texas Tech School of Medicine in Lubbock, Texas. By 1990, he had founded and sold a home health company, started a profitable Independent Physician Association (IPA), and built a 54K square-foot multi-specialty surgical center, imaging facility, and laboratory that was acquired by a publically traded company. In 1997, he founded Intercede Health and developed it from a 3-person hospitalist company into a leader in comprehensive medical management impacting care for over 1 million patients. In 2000, Phil helped launch HealthSpring and grow it to a successful $366 million Initial Public Offering (IPO) in 2006. In 2011, HealthSpring (NYSE: HS) was acquired by Cigna (NYSE: CI) for $3.8 billion after generating more than $3 billion in revenues the previous year.
