NASHVILLE, Tenn., Aug. 14, 2012 /PRNewswire/ -- MedCare Investment Funds (MedCare) today announced its selection of John Doulis, M.B.B.S. as the Chief Information Officer (CIO) for its family of investment funds and portfolio companies.  Doulis assumed his role on August 6, 2012.

"MedCare is thrilled to add Dr. Doulis to our team.  He brings a breadth of knowledge about information sciences and technology and its role in healthcare and biomedical science.  His knowledge, experience and insight will help shape our investment decisions and sharpen the value of our portfolio companies," said Thomas W. Lyles, Sr., President of MedCare.  "John is a luminary in health care IT and understands the emerging power of information management, data analysis and information sharing to transform medicine."

Doulis is a physician executive with more than 20 years spent in designing, managing and perfecting information systems that support health enterprises.  As Assistant Vice Chancellor for Health Affairs at Vanderbilt University, he was the Chief Operations Officer for an $80 million department with 450 employees and a reputation as one of the nation's most advanced, most innovative and most reliable health information platforms.

"Making health care delivery more effective, more efficient, of higher quality and offering better outcomes is the goal.  In so many ways, information technologies will play a major role in that transformation," said Doulis.  "From reducing errors to ensuring that the highest standards of evidence-based medicine are applied to every patient, from delivering the right information at the right time to remembering a patient's genomic and proteomic profile, information is the enabling technology that will transform healthcare.  Working with a team of extraordinary talents here at MedCare will give me a chance to help direct and deliver those transformative information technologies to health care providers across the world."

"John is just the person we have been looking for, a physician, a scientist and a seasoned business professional.  We know that many of our investments will be directly in the health information space, but we know, too, that any company we invest in within the healthcare industry will need to be built on advanced informatics," said Todd Callister, MedCare's chief financial officer.  "Dr. Doulis will be our point person in evaluating those investments and shaping and guiding their use of IT."

As a practicing physician Dr. Doulis focused on men's health and on the application of information technologies.  He received his medical degree and advanced training in medicine and information systems from the Monash University in Melbourne, Victoria, Australia.  He is an internationally recognized researcher in medical informatics and a frequent lecturer.  He is a member of the American Medical Informatics Association (AMIA), the Health Informatics Management Systems Society (HIMSS) and is a board member for the National Alliance for Health Information Technology.  Doulis lives in Nashville, TN.

About MedCare Investment Funds:
MedCare and its affiliated entities manage approximately $1 billion in assets, the substantial majority of which are related to the medical and healthcare services industry. MedCare may make investments alone or may act as the lead investor in capital syndications when capital needs require more than one investor. It may invest in companies in any stage of development, including joint ventures and fully integrated enterprises. MedCare is privately owned and financed and has the flexibility to make crucial venture decisions without the influence of outside investors or the public equity market.

Currently MedCare has a portfolio of fifteen healthcare companies representing most sectors of the healthcare industry including services, information technologies, medical devices, pharma, and biotechnology.  All of MedCare's investments are targeted to companies bringing innovation to health care.

Contact:
Joel G. Lee 615-351-8037
MedCare Investment Funds

SOURCE MedCare Investment Funds