Arthur Halper
Art Halper is an accomplished executive who has led operations for both entrepreneurial businesses and large corporations in the health informatics and managed care sectors. He also served as a Senior Operations Executive for Cerberus Operations and Advisory Company (COAC), from 2006 to 2014, where he led diligence and portfolio company support activities for numerous acquisitions including the acquisition of Steward Healthcare System LLC, a hospital system and ACO with $2.3 billion in revenue. At Steward, Art served on the Board of Directors and Executive Committee where he helped double the Company’s revenue. Previously, Art joined ActiveHealth Management, Inc., a healthcare information technology company (and past Radius portfolio company) as President, COO and a Director where he turned the company around and drove 55% revenue growth and a 35% EBDITA margin within 4 years; in 2006, ActiveHealth was sold to Aetna for $450 million. Earlier in his career, Art held a variety of executive management positions at Merit Behavioral Care Corporation, serving as President, COO and Director. Under Art’s leadership over a 9-year period, Merit’s revenue and EBITDA grew by 71% and 72%, respectively, and in 1998, the company was sold for more than $800 million dollars to Magellan Health Services. Prior to Merit, Art spent fifteen years in a variety of management positions in private industry and public accounting. He is currently on the Board of Directors of Square Knot Health, a start-up kidney care company and previously served as Chairman of Radius Ventures’ Advisory Board and Chairman of Faherty Brand, LLC. Art is a Certified Public Accountant and has a B.A. in Business Administration from Rutgers University.