Kip Kirkpatrick.(Special Feature)(co-founder of Water Street Healthcare Partners)(Biography)

Modern Healthcare, September, 2007 by Gardner, Elizabeth

If Kip Kirkpatrick had it to do all over again, he says he might become a doctor. As it turns out, though, he's playing a key role in developing companies that will help patients in many ways.

Kirkpatrick is one of the founders of Water Street Healthcare Partners, Chicago, a fledgling venture capital firm that in its two-year history has already raised $400 million and invested in half a dozen companies in areas such as diagnostic supplies, laboratory services, high-tech patient identification wristbands and device management for medical implants.

Kirkpatrick grew up in Lexington, Ky., and attended Northwestern University, Evanston, Ill., on a full athletic scholarship in basketball. He majored in history, one of his loves, but resisted well-meaning...

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