Dusty Lieb is a strategic investment partner on the strategic investment team at Echo Health Ventures, an investment joint venture for healthcare provider Cambia Health Solutions and health insurer Blue Cross Blue Shield of North Carolina, having joined the unit in November 2016.
Rob Coppedge, the unit’s chief executive, said in his nomination of Lieb: “Dusty identifies, invests in and supports the growth of healthcare IT and services companies, with a focus on efforts to enable providers and consumers to participate in the evolving retail-centric and shared-risk healthcare environment.
“Dusty works closely with the senior management teams and board of Cambia Health Solutions and Mosaic Health Solutions/Blue Cross Blue Shield of North Carolina to support collaboration with Echo’s portfolio companies, accelerate their strategies and more quickly bring healthcare innovation to national scale.”
In the first three quarters of 2019, Lieb led Echo’s investment in home healthcare provider DispatchHealth’s $33m round, as well as follow-on investments in urgent care provider FastMed and healthcare data management platform developer Abacus Insights.
Patient engagement technology provider Phreesia, where Lieb previously served on the board, and health management technology developer Livongo are two Echo portfolio companies that went public in July 2019, breaking a three-year drought of digital health initial public offerings.
In addition, Lieb serves as a director on the boards of medical image exchange platform provider LifeImage and DispatchHealth. He has previously served on the board of Phreesia. He is also a board observer for FastMed, AccessOne and MDSave.
Lieb served on Cambia Health Solutions’ strategic investing team for three years before joining Echo Health Ventures, having spent the majority of his career in financial services, with a focus on healthcare mergers and acquisitions. Previously, he worked at investment bank Harris Williams & Co where he executed a range of healthcare IT and services transactions on behalf of both corporate and private equity clients.
Lieb earned a degree in economics from the University of Pennsylvania and currently serves in the Penn alumni interview program and Penn Track and Field alumni board.
