Richard D. Forman

Managing Partner
Health Venture Group, LLC

Richard D. Forman is the managing partner of Health Venture Group, LLC, a privately held investment firm focused on technology and consumer-related healthcare investments, where he served as founder, investor and consultant for ExpertConsensus, LLCVitals.com, Centrihealth, Healthination, and Finpago.

Mr. Forman graduated Cum Laude from the University of Pennsylvania’s Management and Technology Program. He earned a B.S. in Economics from the Wharton School and a B.S. in Electrical Engineering from the Moore School of Engineering. He also has a Masters Degree from New York University’s Real Estate Institute. He sits on the Board of Overseers for the School of Engineering at Penn and is the Chairman of the Dean’s New York Advisory Council.

From November 1990 to July 1992, he was President of Bridge Associates and a manager at Ben Forman & Sons, Inc., a tabletop and giftware items manufacturer. He was in charge of day-to-day operations and headed the acquisition of Taunton Silversmiths, Inc., a $2 million consumer products manufacturer. From 1987 through 1990, Mr. Forman was a consultant with Booz & Company, a leading management consulting firm.  At the firm, he worked out of the New York, NY and Sydney, Australia offices, where he consulted on systems, operations and strategy assignments. Mr. Forman was instrumental in deregulating the domain name market. He assisted the industry and the Department of Commerce in delegating its Internet responsibilities to the Internet Corporation for Assigned Names and Numbers (ICANN).

Mr. Forman currently serves as a chairman and board memberof the Information Technology Committee for Maimonides Medical Center (MMC), the leading treatment center and academic medical center in Brooklyn, NY which generates revenue in excess of $800 million. The Center employs more than 1,000 physicians and serves almost 45,000 patients and more than 100,000 emergency room patients annually. Previously, Mr. Forman was co-founder, President and CEO of Register.com, Inc. through June of 2003, during he has grew revenue to over $115 million, successfully completed three acquisitions, including one cross-border EU based acquisition, raised over $150 million through a series of private and public (IPO) offerings of preferred and common stock, and generated $100 million in cumulative operating cash flows and achieved 12 quarters of positive operating cash flow. He also received the Ernst & Young Entrepreneur of the Year Award for his business achievements.

Some of Richard’s Distinctions Include:

Ernst & Young Entrepreneur of the Year Award

New York Angels Director

Board Member and Chairman of IT Committee for Maimonides Medical Center

Board Member of Overseers for the School of Engineering at UPenn

Chairman of the Dean’s New York Advisory Council