Get to Know

John Shufeldt

John Shufeldt,

MD, JD, MBA, FACEP

General Partner

  • BA, Sociology and Criminology: Drake University
  • MD: The Rosalind Franklin School of Medicine & Science
  • MBA, JD, & Six Sigma Black Belt: Arizona State University
  • Certificate in Entrepreneurism and Innovation: Harvard
  • Certificate in AI: Massachusetts Institute of Technology

Entrepreneurial Highlights

  • NextCare Urgent Care: First national network of Urgent Care Centers. Grew to 60+ clinics and $100M in revenue. Sold to PE group.
  • EmPower Emergency Physicians: Multi-hospital Emergency Physicians Group. 
  • StatRead: Early tele-radiology company. Sold for 50x MOIC.
  • MeMD: Early telemedicine company. Sold to Walmart in 2021 for 10x MOIC.
  • USCareways Urgent Care: Urgent Care center at Sky Harbor Airport. Expanded nationwide as Covid-19 test centers.
  • Tribal Health: National provider staffing group for Indigenous care centers. 

Bio

Dr. John Shufeldt is a physician – attorney with an entrepreneur’s heart. While emergency medicine is his calling, his true passion lies in transforming healthcare delivery. With over 30 years of experience in healthcare startups and investing, John has a proven track record of success. In fact, his keen eye for unmet needs translates into innovative solutions. He fosters a collaborative spirit, valuing contributions and learning from setbacks—readily admitting that failures have been the most valuable teachers in his journey.

His unwavering commitment to lifelong learning fuels his entrepreneurial spirit. Not only does John practice emergency medicine, but he has also founded and grown over 15 companies, successfully exiting 13. Notably, he pioneered NextCare Urgent Care in 1993 to address emergency department overcrowding. NextCare quickly became a household name, solidifying his visionary reputation as one of the founders of urgent care. Under John’s leadership, NextCare grew from a single clinic to 58 clinics with an annualized revenue of nearly $100 million. In 2010, John’s pursuit of innovation and ability to identify trends before others led him to start MeMD, a first-of-its-kind virtual healthcare platform. This prescient move positioned him at the forefront of a healthcare revolution. MeMD empowered over 500 providers across 50 states and was later acquired by Walmart in 2021.

These are just two achievements that showcase John’s ability to not only develop innovative solutions, but also scale them to impact a wide audience and generate significant returns through strategic exits. In addition, John’s most recent healthcare venture, Tribal Health, was created in 2015 after John witnessed the vast healthcare disparities in Indian Country. The company is now considered to be a leader in Tribal healthcare practice management and staffing and serves as a testament to John’s determination to provide equitable, quality healthcare for underserved communities.

John’s influence extends far beyond direct patient care. His passion for improvement fuels his work as an active investor through his family office. By supporting the growth of promising healthtech, medtech, and biotech companies, John drives innovation across the healthcare sector. His expertise and guidance are invaluable assets, not just to these ventures but to the future of healthcare innovation. Holistically, John’s journey is a compelling illustration of the transformative power of lifelong learning and a relentless pursuit of improvement. He continues to practice emergency medicine, demonstrating a commitment to patients that never wavers. This dedication, coupled with his entrepreneurial spirit, positions him as a thought leader who shapes the future of healthcare, not just through direct service, but through innovation and investment.

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