NEWS

Deerfield and Oxeon Join Forces with HLTH to Connect Healthcare Leaders with Qualified Female Board Candidates

February 26, 2019

New York, New York – February 26, 2019 - The Break into the Boardroom (BiB) program, sponsored by Deerfield Management and Oxeon Partners, and HLTH announced today that they have joined forces to directly connect healthcare leaders with qualified female board candidates. The Get on Board: Break into the Boardroom Match Program is an extension of the BiB program that was founded to promote greater representation of female healthcare executives on boards within the public, private, and non-profit sectors.

There is broad acknowledgement that females remain significantly underrepresented on both public and private company boards, and that diversity of opinion and perspective improves governance. There are, however, few quantifiable steps being taken to improve the situation. With this in mind, and consistent with BiB’s mission and approach, HLTH’s featured diversity initiative aims to make a difference with a purposefully concrete design. Throughout the HLTH conference, being held in Las Vegas on October 27-30, 2019, healthcare leaders seeking to fill corporate board seats will have an opportunity to schedule individual meetings with qualified female executives interested in governance roles.

“BiB’s collaboration with HLTH is designed to connect board leaders with talented, board-ready women who can be hard to find or unconsciously overlooked,” said Jonathan Weiner, Founder, Chairman and CEO of HLTH. “Together, we have the opportunity to deliver quantifiable results by tracking and reporting on the number of organizations meeting diverse candidates, the number of women exposed to board opportunities, the number of interviews conducted, and the number of boards that move forward with adding a woman they met as a result of the Get on Board: Break into the Boardroom Match Program at HLTH.”

Deerfield partner, Leslie Henshaw, notes that “too frequently directors are selected from a homogenous pool of candidates that look strikingly similar to the existing board. This happens not by design, or even with awareness… it’s just the path of least resistance. HLTH and BiB see this event as a perfect forum to drive change by making it easy for existing board members to meet a curated pool of female candidates in an organized setting.”

“We are thrilled to partner with HLTH to expand the reach of BiB, which runs an annual full-day program for approximately 40 qualified female healthcare executives interested in adding a first time governance role to their professional credentials,” said Mia Jung, an Oxeon partner. “While BiB has connected a number of its alumni with board opportunities, this event materially expands both the candidate and directorship pool from which we can promote matches.” The Get on Board: Break into the Boardroom Match Program has limited capacity and is on a first-come, first-served basis. For more information, or to submit organization or applicant interest in participating in the matched interview sessions, please visit https://hlth.com/breakinto-the-boardroom/.

About Deerfield
Deerfield is an investment management firm committed to advancing healthcare through investment, information, and philanthropy.
For more information, please visit www.deerfield.com.

About Oxeon
Oxeon is a specialized professional services and investments firm that builds and accelerates the growth of impactful healthcare technology and services businesses. Our primary mission at Oxeon is to make people healthier. We achieve our mission in three core ways: recruiting world class executives into our clients and portfolio companies, investing in transformative healthcare companies, and building de novo businesses to address the problems plaguing our healthcare system. The innovative companies we build touch millions of lives. To learn more, visit www.oxeonpartners.com.

About HLTH
HLTH is the largest and most important conference for health innovation. It's an unprecedented, large-scale forum for collaboration across senior leaders from established payers, providers, employers, and pharma services, as well as from disruptive startups, prolific investors, representatives from government, academia, health associations, business groups, media, and industry analysts. The event is unique in creating a marketplace for the key stakeholders leading the dialogue and development of a new health ecosystem. HLTH's mission is to be a catalyst to drive substantial reductions in health costs and dramatic increases in health quality. HLTH takes place on October 27-30, 2019 at the MGM Grand's brand new conference facility. To learn more, visit www.hlth.com.

Contacts
Deerfield Management Company
Karen Heidelberger, 212-551-1600
karenh@deerfield.com

Oxeon Partners
Amy Lackner, 646-561-6983
BiBHLTH@oxeonpartners.com

HLTH
Carolyn Joyce, 347-871-0534
media@hlth.com

A Healthy Dose – Panel: Women and Senior Leadership Positions in Healthcare
April 13, 2017
Click Here For Panel Discussion
Deerfield Management and Oxeon Unlock the Power of Women in the Boardroom

February 2, 2016

New York, New York – February 2, 2016 – Deerfield Management and Oxeon Holdings have joined forces to expand their leadership roles in supporting innovative programs and practices to foster improved diversity in the workplace. On February 2, over 30 female senior healthcare executives with interest in corporate governance will receive training and guidance designed to help them obtain their first boardroom role.

A growing body of academic literature suggests that gender-based heterogeneity in the boardroom is associated with improved ROE and ROI metrics, more effective risk mitigation strategies, enhanced decision making processes, and more diverse management teams, which are in turn associated with lower employee turnover and improved financial performance. Despite these increasingly well characterized benefits, less than 20% of Fortune 1000 board seats are held by women.

“There is a clear disparity between the number of qualified women willing and able to fill corporate board positions and the number of positions actually held by women. As such, we are excited to work with Oxeon to cultivate a new generation of female directors. Not only will the women excel at these positions, but the companies and organizations they serve will benefit from the perspectives, thought processes and problem solving approaches brought by female leaders”, stated Leslie Henshaw, Partner at Deerfield Management.

“Creating a program to educate women on the intricacies of boardroom dynamics is an important initiative we are excited to partner with Deerfield on. Oxeon’s leading position as a healthcare growth services firm creates an opportunity for us to help change the current face of American boardrooms” said Mia Jung, Senior Principal from Oxeon.

The program will consist of four educational sessions including content designed to support both finding and fulfilling board roles. The speaker line-up is made up of an impressive array of female role models, including Sally Susman, EVP of Corporate Affairs at Pfizer, Esther Dyson, Founder and Chairwoman at HICCup, Catherine Bromilow, Partner for PwC’s Center for Board Governance, and Annie Lamont, Partner at Oak HC/FT. Additionally, participants will be paired with a group of experienced mentors who have generously agreed to lend their time and perspective. Over time, Deerfield and Oxeon hope that many of the participants can become candidates for board opportunities emerging from their respective portfolio companies, allowing for practical application of lessons derived from the Women in the Boardroom series.

About Oxeon
Oxeon Holdings is a healthcare growth services firm and is the parent company of Oxeon Partners, an invested executive search firm, Oxeon Investments Funds I & II, and Cien Ventures, an internal venture studio. Oxeon seeks to connect its healthcare company partners with the fundamental drivers of business growth—great people, transformational business partnerships, strategic investments, and next generation business ideas, as well as various advisory and other growth-related services.
For more information, please visit www.oxeonpartners.com

About Deerfield
Deerfield is an investment management firm committed to advancing healthcare through investment, information and philanthropy.
For more information, please visit www.deerfield.com

Contacts
Deerfield Management Company
Karen Heidelberger, 212-551-1600
karenh@deerfield.com

Oxeon Holdings
Mia Jung
Mia@oxeonpartners.com

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