Biostart dives in healthcare service sector

Biostart, Cincinnati's life science start up center, is delving into the growing area of health services with a new hire. Dan Kincaid, a veteran health services administrator and entrepreneur, has joined Biostart as executive in residence.

Kincaid is former vice president of First Health Services Corporation, and co-founder of Providers Synergies, LLC, a cost containment pharmaceutical management company. Before coming on board at Biostart, he was a principal at Taylor Kincaid LLC, a local business and consulting investment firm.
"I will be working to connect technology-driven business ideas to Biostart resources for developing successful companies.  And second, I will use my entrepreneurial background and knowledge of the health care system to help these companies develop and refine their service offerings; allowing them to become profitable, successful ventures that attract investors, generate jobs and deliver value," Kincaid said of his role.

Kincaid has a bachelor's degree from Indiana University and a JD from University of Louisville School of Law. Following law school, he was assistant corporate counsel at Anthem Blue Cross Blue Shield.

Biostart President Carol Frankenstein said the talent fostered by the region's top-ranked hospitals and universities make the health services area a good fit for Biostart to delve into.

"We have Children’s. UC and NKU and our other nationally recognized health providers in the community. I think all of those assets make it a good prospect to pursue health services," she said.

Frankenstein said Kincaid is out meeting people in the entrepreneurial and investment communities, getting the lay of the land.

"It’s very important to have another set of feet on the street to develop new companies," she said.

Writer: Feoshia Henderson
Sources: Biostart, Biostart President Carol Frankenstein

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