Inspire was formed in 2007 when the technology and intellectual property portfolio were spun out of Medtronic. The employees of Inspire have come from the world’s leading medical device companies, working together to provide sleep apnea patients with a groundbreaking new Obstructive Sleep Apnea (OSA) therapy option.
TIM HERBERT President & CEO
Mr. Herbert has over 25 years of experience in new business development including over 10 years at Medtronic. and the last 7 years at Inspire Medical Systems. He has held management positions in product development, clinical research, regulatory, sales, marketing, and healthcare reimbursement. Tim has been part of the Inspire business since 1996, assuming management of the venture in 1998. With extensive experience in venture development, as well as his detailed knowledge of the Inspire system, OSA disease state, and the sleep diagnostic and therapeutic market, Tim is well positioned to lead the Inspire organization. Mr. Herbert has a B.S. in Electrical Engineering from North Dakota State University and an M.B.A. from the University of St. Thomas.
RICHARD BUCHHOLZ Chief Financial Officer
Mr. Buchholz has worked on the financial side of the medical device industry for over 15 years. Prior to joining Inspire Medical Systems, he served as the Chief Financial Officer, Secretary, and Treasurer at superDimension, Ltd., a medical device manufacturer providing proprietary capital equipment, software, and disposable devices for the diagnosis and treatment of lung disease, from August 2006 until July 2013. superDimension was acquired by Covidien plc for $300 million plus additional earn-out in May 2012. Rick was an integral part of four rounds of private equity financings raising a total of $74 million and two separate $20 million venture debt facilities. From 2001 to 2006, he was President of a consulting firm that provided contract CFO services to emerging and mid-size medical technology and healthcare companies. From 1997 to 2001, Mr. Buchholz served as the Chief Financial Officer, Secretary, and Treasurer of Vascular Solutions, Inc. (Nasdaq: VASC), a publicly-held medical device company, from its private equity offerings through its initial public offering in 2000. Mr. Buchholz began his career at Ernst & Young LLP in Minneapolis for over six years, holds a B.B.A. from the University of Wisconsin, Eau Claire and is a licensed CPA.
RANDY BAN Senior Vice President, Sales and Marketing
Mr. Ban has worked in the medical device field for over 20 years in a variety of marketing, business development, sales management, and clinical project management roles. Prior to joining Inspire, Randy was Vice President of Global Marketing for the Cardiac Rhythm Management Division of Boston Scientific (formerly Guidant Corporation). He built and led high performing sales teams during his tenure as a Sales Director for Guidant Corporation. He started his career in the Medical Device Business Development Group at Eli Lilly and Company. Mr. Ban has a B.S. in Marketing and an M.B.A. from Indiana University.
GARY GOETZKE Vice President, Health Economics
Mr. Goetzke is an attorney with over 25 years global medical device experience in the areas of health economic coverage and payment policy. He began his medical device career at Medtronic where he spent nearly 15 years leading coverage and payment efforts in the United States, Europe, and Japan, primarily for Medtronic neurological therapies. He was on the Senior Management Team at American Medical Systems where he lead that company’s efforts in pursuing appropriate coverage and payment policy for implantable pelvic health therapies in the United States, Japan, Europe, South America, and Australia. Most recently, Mr. Goetzke served as Vice President of Health Economic Strategies at the California-based start-up company Endogastric Solutions, which focused on providing implantable therapies to manage gastroesophageal reflux disease.
HOWARD GREEN Vice President, Marketing
Mr. Green has worked in healthcare for over 15 years in a variety of marketing and medical education roles. Prior to joining Inspire, Howard spent twelve years as an Emmy award-wining television sportscaster before beginning his healthcare career on the Boston Scientific (formerly Guidant Corporation) Cardiac Rhythm Management heart failure and market development teams. Howard then joined cardiology medical education start-up theheart.org, which was acquired by WebMD/Medscape, where he worked for ten years in a variety of global medical education sales and sales management roles. Howard holds a BS in Biology from Emory University, an MS in Broadcast Journalism from Boston University and an MBA from Northwestern University’s Kellogg School of Management where he was an Austin Scholar and named the Class of 2001 Outstanding Student in Entrepreneurship.
QUAN NI Vice President, Research
Dr. Ni has over a decade of experience in the medical device industry. Prior to joining Inspire, he led a technology development program of a neuromodulation therapy targeting cardiovascular diseases at the Cardiac Rhythm Management Division of Boston Scientific (formerly Guidant Corporation). Quan also initiated early concepts for implanted sleep apnea solutions at Guidant, and led teams focusing on concept feasibility, business development, technology development, and transfer. Dr. Ni holds 40 granted patents and has published numerous articles in peer-reviewed publications. He has a B.S. in Biomedical Engineering from Jiantong University in Shanghai, China, an M.S. in Bioengineering from the University of California, San Diego and a Ph.D. in Bioengineering from the University of Utah.