Dubbed the "Warren Buffet of Healthcare" Serial Entrepreneur & Author
James M. Sweeney is a serial entrepreneur who started 14 healthcare companies with original ideas, none of which have failed. He has raised $2 billion in capital and generated more than $30 billion in exit value. His companies have saved or extended the lives of millions of people. He has been acknowledged as the founder of the multi-billion-dollar home infusion therapy industry, having founded Caremark, the industry pioneer and leader. Today, he mentors startup founders and other professionals in the art of “failing your way to success.”
Quick Facts about Jim and his new book Creative Insecurity, Lean Into the Unknown and Unleash Your Inner Misfit:
- Successfully took four companies public, led a leveraged buyout with a 650% return to investors, and raised over $2 billion in financing, resulting in $30 billion in exit value.
- Transformed American healthcare when he founded Caremark (now CVS-Caremark), realizing many hospital patients needing IV therapy and nutrition could be treated at home, making it profitable in six months and expanding to 75 centers in seven years. Sold to Baxter Laboratories for $600 million, later acquired by CVS for $24 billion.
- Founded Coram Healthcare, a specialty home infusion services company, sold to CVS for $2.1 billion in 2013.
- Founded CardioNet (BioTelemetry) in 2000, sold to Philips for $2.8 billion in 2021.
- Rebranded and raised venture capital for Clarify Medical (2017), which developed the first Narrow Band UVB therapy handheld device for chronic skin diseases. Recently received an $18 million investment from 7 Wire Ventures.
- Praised as a “visionary” by The Wall Street Journal who noted that Sweeney has managed, “with an air of democracy at his companies that has won the loyalty and affection of his employees.”
- The Economist highlighted his repeated commercial success in healthcare, achieving it half a dozen times.
- Received two Ernst & Young Entrepreneur of the Year awards and inducted into the World Hall of Fame.
- Dubbed the "Warren Buffet of Healthcare" by medical & dental entrepreneur, Randy Kirshbaum, who charitably bid $14,000 for lunch with Jim and won.