Chairman of the Board at Essex Investment Management Company
Mr. Herchman is recognized as an entrepreneur in the healthcare industry.
Paul Herchman is responsible for taking a company from start-up in 1989 to public in 1996, and most notably, he co-founded global medical company, ThermiGen, LLC (Thermi), in 2012 and then executed a liquidity event for $82 million in 2016. That same year, Mr. Herchman earned the D CEO’s Excellence in Healthcare Award for Outstanding Healthcare Deal—M&A or Partnership/Alliance. Having developed and led several companies, Mr. Herchman is highly respected by physicians and businessmen alike. In addition, he serves as a valuable board member, investor and advisor to numerous healthcare companies.
Previously, Mr. Herchman focused his endeavors on helping physicians grow their medical practices. As co-founder of Healthcare Properties, LLC, he is now devoted to assisting healthcare practitioners plan for a substantial liquidity event, benefitting from their years of dedication to their patients and practice. Mr. Herchman’s strategic alliances, knowledge and commitment to physicians’ success are unparalleled in the healthcare industry.
Numerous respected publications have applauded his accomplishments:
2016: D CEO magazine and D Healthcare Daily awarded Mr. Herchman the Outstanding Healthcare Deal—M&A or Partnership/Alliance after Barcelona-based pharmaceutical company, Almirall, completed the acquisition of ThermiGen, LLC for an enterprise value of $82 million.
2016: Thermi was recognized as the 10th Fastest-Growing Private Company at the Dallas 100 Entrepreneur Awards at the SMU Cox School of Business.
2015: Thermi was recognized as the 7th Fastest-Growing Private Company at the Dallas 100 Entrepreneur Awards at the SMU Cox School of Business.
1994: While Mr. Herchman was CEO of Medsurge Advances, Inc., Inc. magazine recognized the company as the 317th Fastest-Growing Private Company in the United States.
1992: While Mr. Herchman was CEO of Medical Alliance, Inc., the company was awarded the 7th Fastest-Growing Private Company at the Dallas 100 Entrepreneur Awards at the SMU Cox School of Business
Mr. Herchman is a co-author of “Life-Defining Moments from Bold Thought Leaders,” which includes his personal story of recovery following the invention of Thermi. The novel is highly acclaimed and an Amazon #1 Best Seller in numerous categories.
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