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Peter Dowerah
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Peter Dowerah

Administrative Director

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At a glance

Full Name
Peter Dowerah
Title
Controller
Firm
MemorialCare Innovation Fund
Firm Type
Strategic healthcare investment fund
Investment Stage
Early to mid-stage
Target Company Profile
Privately held healthcare companies with innovative products, services, or technologies that can help healthcare systems improve performance and outcomes
Sector Focus
Healthcare information technology, healthcare services, medical devices
Geographic Focus
United States healthcare systems
Location
Long Beach, California

Background

Peter Dowerah is listed by MemorialCare Innovation Fund as Controller, not as an Administrative Director. The fund’s public team page places him on the MCIF management team alongside Managing Directors Brant Heise and Caleb Winder.

Dowerah has more than 30 years of experience across public accounting and private-sector roles. MCIF states that he completed undergraduate business studies at West Bromwich College in England and later received CPA certification from the Institute of the Chartered Accountancy of England and Wales.

After immigrating to the United States, Dowerah completed studies for a Master of Business Administration at Pittsburg State University. He has spent more than 20 years in healthcare, holding roles of increasing responsibility across accounting and finance.

MemorialCare Innovation Fund is wholly owned by MemorialCare Health System and describes itself as a strategic healthcare investment fund. Public materials do not show Dowerah as a named deal lead, board member, or personal angel investor; the verified investment activity is at the MCIF fund level.

Investment Thesis & Focus

  • Public materials do not publish a personal investment thesis for Peter Dowerah. His verified role is Controller at MemorialCare Innovation Fund.
  • MCIF says it invests in “privately held, early- to mid-stage companies” focused on healthcare information technology, healthcare services, and medical device innovation.
  • The fund looks for companies that can help healthcare systems and physician organizations improve performance and outcomes.
  • MCIF emphasizes strategic value, stating that a company’s relationship and involvement with MemorialCare is “as important as the investment opportunity.”
  • MCIF’s advantage is access to MemorialCare Health System, including healthcare expertise, hospital and physician leadership, key decision makers, and introductions to other healthcare organizations.

Notable Investments

  • Amenities Health - Digital front door and membership platform helping health systems acquire, activate, and engage patients.
  • AristaMD - eConsult platform connecting primary care providers with specialists.
  • Artera - Patient communications platform for health systems, formerly known as WELL Health.
  • Asimily - Internet of Medical Things risk management platform for connected medical device inventory, cybersecurity, and operations.
  • AVIA - Healthcare innovation accelerator focused on helping providers implement emerging technology-enabled products and services.
  • Babyscripts - Virtual care platform for prenatal and postpartum care.
  • Bayesian Health - AI platform that helps clinicians use available data for proactive diagnosis and intervention.
  • Carta Healthcare - AI-enabled healthcare data abstraction platform for hospitals and health systems.
  • Centivo - Health plan company for employers that aims to lower total cost of care.
  • Foldax - Developer of replacement heart valves designed to improve durability and hemodynamic performance.
  • LeanTaaS - Predictive analytics and machine-learning software for healthcare operational efficiency.
  • NeuroFlow - Behavioral health analytics and engagement platform.
  • SpendRule - Healthcare contract intelligence and invoice validation platform.
  • Syllable AI - AI-enabled healthcare automation platform for health system call centers and websites.
  • TytoCare - Virtual examination and diagnosis platform for telehealth.
  • Vitalize Care - Healthcare staffing optimization platform using predictive scheduling.
  • Wellist - Patient experience platform focused on social determinants of health.

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