Richard Kresch Overview
- Investor Type
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Angel
- Status
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Active
- Investments
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2
- Portfolio
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1
- Exits
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1

Richard Kresch General Information
Description
Dr. Richard Kresch is the Founder and serves as Chief Executive Officer and President at US HealthVest. He also serves as Board Member at CareWell Urgent Care. He is a successful entrepreneur with more than 30 years of experience in the for-profit and not-for-profit healthcare services space. Dr. Kresch founded Ascend Health in 2005 and, as CEO, built it into the largest privately-held psychiatric hospital company with $200 million in annual revenue. Ascend Health was sold to Universal Health Services in 2012. Earlier in Dr. Kresch's career, he founded and led Heartland Health Developments, a psychiatric care provider that was sold to Psychiatric Solutions in 2004. Dr. Kresch also established and sold a regional chain of skilled nursing facilities prior to Heartland Health Developments. Dr. Kresch serves as Executive Chairman of Urgent Care Centers of New England and also founded The River School, a regional chain of childcare centers. He completed his Adult Psychiatry training at the Mount Sinai Medical Center of New York City and completed a fellowship in Child and Adolescent Psychiatry at Columbia Presbyterian Medical Center in New York City. Dr. Kresch spent 20 years as a practicing psychiatrist at the Columbia Presbyterian Medical Center in New York City. He holds a MD (Doctor of Medicine) from New York Medical College. He also has a BA (Bachelor of Arts) from University of Virginia.
Business Details
Investor Status
Primary Investor Type
Corporate Office
- 32 East 57th Street
- 17th Floor
- New York, NY 10022
- United States
Richard Kresch Investments (2)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
---|---|---|---|---|---|---|
US HealthVest | 30-Jun-2016 | Early Stage VC | Hospitals/Inpatient Services | Generating Revenue | ||
Quartet Health | 02-Apr-2015 | Other Healthcare Technology Systems | Generating Revenue |
Richard Kresch Exits (1)
Company Name | Exit Date | Exit Type | Exit Size |
---|---|---|---|
Quartet Health | 29-Jan-2025 |
Richard Kresch Investments by Industry, Year, and Region
Richard Kresch FAQs
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Who is Richard Kresch?
Richard Kresch is an angel Investor who has made 2 investments.
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What kind of investor is Richard Kresch?
Richard Kresch is an angel investor.
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What does Richard Kresch do?
As an angel investor, Richard Kresch invests personal money into promising companies, typically in exchange for equity.
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What has Richard Kresch invested in?
Richard Kresch has made numerous investments in companies like US HealthVest and Quartet Health within the Hospitals/Inpatient Services and Healthcare Technology Systems industries.
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What has Richard Kresch invested in recently?
Richard Kresch's latest investment was on 30-Jun-2016 in US HealthVest, a company within the Hospitals/Inpatient Services industry.
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