Mark Bakken - Managing Partner
The epitome of an entrepreneur, Mark has seen the peaks and valleys of starting, operating and assuming the risks of a new venture. He’s come up against payroll, had a few bad hires and even swept the floors early on. Collectively, Mark’s companies have done over $360 million in sales, raised more than $38 million in venture capital, and he has successfully bought and/or sold 8 companies.
Among Mark’s previous companies is Nordic Consulting, the industry leader in EHR consulting services to organizations using Epic. As CEO, Mark grew Nordic to a #1 ranking in KLAS, where it has been since 2012. Nordic now has over 400 consultants working across 44 states. In 2014, the company was recognized as the 46th fastest growing company in the U.S.
Prior to Nordic, Mark started and grew Goliath Networks to be #97 on the Inc. 500 fastest-growing companies list. He sold that company in 2002. He’s worked with Eric Schmidt on Novell’s Partner Advisory, and was also was asked by Bill Gates to serve on Microsoft’s first partner Advisory Council, which he did from 2001-2007.
A Badger at heart, Mark grew up in the Milwaukee area before attending the University of Wisconsin-Madison, where he holds a degree in computer science.
Dan Blake, MBA - Partner
A Madison native who returned after stints in Chicago and Denver, Dan most recently was director of the Wisconsin Angel Network, a non-profit focused on facilitating angel and other early-stage investment activity in Wisconsin.
Previously, Dan worked at Epic, where he focused on installing revenue applications for healthcare customers including major academic systems. (Digital) Ink also runs through Dan’s veins as he spent a number of years as a reporter and web producer at the Chicago Tribune, covering politics, crime and courts in an always busy news town.
Dan has guest lectured in several college courses, among them communications, journalism and entrepreneurship. He holds Journalism and English degrees from the University of Iowa and an MBA in finance and accounting from the University of Denver.
Shobhan Thakkar, Esq. - Partner
With a background that includes working at a big 4 accounting firm, in the New York City office of a global law firm and as an attorney at Epic, Shobhan can hold his own on legal and accounting issues. But he also has extensive startup experience, leading a Madison tech company to a successful exit as general counsel, and being on the founding teams of several high-growth tech companies.
Originally from the Chicago area, Shobhan moved to Madison to work as the general counsel for Weather Central, which was sold to the Weather Channel in 2011. He then joined Epic Systems as an attorney before leaving to join as chief operating officer of a Madison health-tech company.
Shobhan got his law degree and a masters of accounting from The Ohio State University. He also has degrees in finance and economics from the University of Illinois. Recognized in 2014’s 40 under 40 in InBusiness magazine, Shobhan’s passion is in assisting entrepreneurs with all aspects of starting and growing their companies.
Ryne Natzke - Partner
Ryne comes to HealthX Ventures after spending over six years at Epic, where he led their vendor relations team and worked with the thousands of companies that interact with Epic’s electronic medical record (EMR) software at some of the biggest health systems in the world. He also worked on Epic’s implementation team where he guided multiple hospitals through the installation of Epic’s EMR.
A Wisconsin native through and through, Ryne was born in Waupaca and has bounced around the state to Oconomowoc, Neenah, and Whitewater before landing in his current home of Madison. While in Whitewater he completed is undergraduate degree in Business Management and stuck around to complete his MBA.
Frank Byrne, MD - Senior Executive Advisor
With a resume as long as you are tall, Frank’s had a front row seat to the rolling changes that have swept through healthcare over the past three decades.
During his time as president of St. Mary’s Hospital in Madison, Frank led the 440-bed hospital through successful growth and expansion, including a $182 million expansion, the transition to Epic’s EHR system, and the opening of a free-standing satellite emergency center. What most would fit into a career, those feats were completed in just over a decade.
Frank’s been recognized by Modern Healthcare and Modern Physician magazines as one of the 50 Most Influential Physician Executives in Healthcare. He was named to Madison’s InBusiness Magazine Hall of Fame in 2012. And his healthcare experience extends to a variety of clinical, administrative and governance leadership roles. A physician, Frank also practiced pulmonary and critical care medicine for 12 years.
Frank holds a BS degree from the University of Notre Dame, an MD from the State University of New York Downstate Medical Center and a master’s in medical management from Carnegie Mellon University.
Provider Innovation Council
HealthX Ventures is pleased to partner with executive leadership at some of the premier healthcare organizations in the Midwest. The Provider Innovation Council assists HealthX Ventures in company evaluation and provides valuable feedback and early test sites for HealthX Ventures' portfolio companies.
- Bruce Quade - CIO at Group Health Cooperative of South Central Wisconsin
- Dave Lundal - System Vice President and CIO at Presence Health
- Keith Livingston - Senior Vice President and CIO at ThedaCare
- Todd Richardson - Senior Vice President and CIO at Aspirus
Investment Advisory Council
HealthX Ventures is also advised by leading investors across the country
- Dave Tamburri - General Partner at Health Enterprise Partners
- Greg Robinson - Managing Director at 4490 Ventures
- Jon Chait - Former chairman of the Board of Directors of Nordic Consulting Partners