Cameron Health

What Cameron Health does

Cameron Health is a development-stage medical device company founded in 2001 and headquartered in San Clemente, California. The company develops, manufactures, and distributes implantable defibrillators — Class III cardiovascular devices intended for patients at risk of sudden cardiac arrest. The company is structured as a private, for-profit venture-backed entity and operates with 51–100 employees. Founded by electrophysiologists Riccardo Cappato and Gust Bardy, Cameron Health has pursued a distinct technological approach to defibrillation therapy. Over its independent history, the company has raised approximately $233.5 million across six funding rounds spanning 2001 to 2011, sourced from a syndicate of dedicated healthcare venture capital firms including Versant Ventures, Delphi Ventures, Three Arch Partners, Alloy Ventures, PTV Healthcare Capital, Sorrento Ventures, and Greenspring Associates, alongside strategic investor Boston Scientific.

The company's go-to-market is consistent with the implantable cardiac device industry: targeting electrophysiologists, cardiology departments, and hospitals performing implant procedures. As a development-stage entity, commercial revenue is expected to be limited relative to the $233.5M in capital deployed to date, with funding primarily directed toward clinical development, regulatory submissions, manufacturing scale-up, and pre-commercial buildout. The strategic investor relationship with Boston Scientific — entered in 2005 and deepened through the 2006 and 2008 rounds — signals alignment with the dominant incumbent in cardiac rhythm management and a likely future commercial or exit pathway.

Note: The input data also contains extensive operational, service-line, and real estate information for a different entity — Cameron Health, a not-for-profit community hospital system in Angola, Indiana (formerly Cameron Memorial Community Hospital, founded 1926). This data appears to be a misattribution from a namesake hospital system and has been excluded from this analysis. The company analyzed here is the San Clemente, California-based medical device developer as defined in the firmographic record.

Name

Cameron Health

Legal name

Cameron Health

Website

https://cameronhealth.com

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cameron Health is a development-stage medical device company founded in 2001 in San Clemente, California, that develops, manufactures, and distributes implantable defibrillators serving patients at risk of sudden cardiac arrest.

Ownership category

akta.pro rank

Product category

Cardiac Rhythm Management Medical Devices

NAICS

General Medical and Surgical Hospitals (622110)

SIC

Services-Hospitals (8060)

akta.pro primary industry

Critical Care Transport (CCT) & Specialty Transport Teams (HLAFANAE)

Keywords

• Implantable defibrillators
• Cardiac rhythm management
• Subcutaneous ICD
• Medical device development
• Cardiac electrophysiology

Headquarters

HQ city

San Clemente

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Patient Services Revenue: Cameron Health operates as a not-for-profit hospital system generating revenue primarily through patient services across its full spectrum of inpatient and outpatient medical services. Services include emergency care, surgery, cardiology, orthopedics, OB/GYN, pediatrics, psychiatry, gastroenterology, urology, wound care, rehabilitation, imaging, diagnostics, outpatient labs, and more. As a not-for-profit 501(c)(3) organization, revenue is reinvested into facilities, technology, and community health programs.
2. Retail Pharmacy: Cameron Health operates an on-site retail pharmacy, generating revenue from prescription fulfillment and over-the-counter products for inpatients, outpatients, and community members.
3. Cameron Foundation Donations and Fundraising: The Cameron Foundation raises funds through events (Summer Soirée, Cameron Classic golf tournament, Parkinson's 5K Run/Walk), direct donations, grateful patient donations, and corporate partnerships. Proceeds fund life-saving technology, facility enhancements, scholarships, and community education initiatives such as the INSIGHT Education Series. The foundation also funds emergency medicine kits for local schools and hearing aids for children.
4. Financial Assistance and Insurance Reimbursement: As a not-for-profit hospital, Cameron Health receives reimbursement from Medicare, Medicaid, and private insurers. It also offers a Compassionate Care financial assistance program based on household size and income. Price transparency tools and Good Faith Estimates are provided per federal requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Cameron Health is a development-stage medical device company that develops, manufactures, and distributes implantable defibrillators. Its primary product is the Subcutaneous Implantable Cardioverter Defibrillator (S-ICD), a system that delivers defibrillation therapy without requiring leads to be threaded through the venous system into the heart, distinguishing it from conventional transvenous ICDs.

Product overview

Cameron Health is an independent, not-for-profit community hospital system serving northeast Indiana, northwest Ohio, and southern Michigan since 1926. The organization operates as a single unified healthcare delivery platform centered on Cameron Hospital, supplemented by the Cameron Medical Office Building and multiple specialty clinic locations. The portfolio comprises 24 distinct clinical service lines spanning primary care (Family Medicine), emergency services, surgical care, maternal/infant health (Birthing & Maternity), and extensive specialty services including Cardiology, Orthopedics, Psychiatry, Oncology, and Rehabilitation. Patient access is facilitated through the MyChart portal with telehealth capabilities. The Cameron Foundation provides philanthropic support for technology and facility enhancements. The system recently rebranded from Cameron Memorial Community Hospital to Cameron Health in 2025, reflecting expanded services beyond traditional hospital care to encompass broader community wellness initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Subcutaneous Implantable Cardioverter Defibrillator (S-ICD) System An implantable cardioverter defibrillator system in which both the pulse generator and electrode are placed subcutaneously (under the skin), without leads threaded through the venous system into the heart. The system is designed for patients at risk of sudden cardiac arrest and is implanted by cardiac electrophysiologists in hospitals and cardiac care centers.

Quantifiable outcome

• Approximately 15,000 emergency patients treated annually
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Trine UniversitycoreStrategic or Co-development PartnerCameron Health partnered with Trine University for the Joyce & Al Gutstein Education & Innovation Center, creating a hub of healthcare expertise that attracts students, retains professionals, and increases knowledge in Steuben County and the surrounding areas. Programming focuses on high-demand healthcare professions such as nursing, with the goal of accelerating workforce growth in northeast Indiana.
• Local Schools and First ResponderscoreStrategic or Co-development PartnerCameron Health works with local schools, first responders, and community members through the Education & Innovation Center to create unique programming in high-demand healthcare professions. The Cameron Foundation also partners with Fremont Community Schools to fund emergency medicine kits in all three school buildings (elementary, middle, high school), in conjunction with Cameron Retail Pharmacy and Cameron Telehealth school nurse Sarah Foster, RN.
• CCI AnesthesiacoreTechnology or IntegrationCCI Anesthesia provides anesthesiologists who work alongside Cameron's surgeons, physician assistants, surgical nurses, certified surgical technicians, and radiology technicians to deliver safe, patient-centered surgical services.
• Professional Emergency Physicians (PEP)coreTechnology or IntegrationProfessional Emergency Physicians (PEP) is a physician group specializing in emergency medicine that serves hospitals across northeast Indiana. PEP providers deliver 24/7 emergency physician coverage at Cameron Hospital. Patients receive a separate bill from PEP for emergency physician services.
• Indiana Breast Cancer Awareness TrustminorStrategic or Co-development PartnerCameron Health has an exclusive partnership with the Indiana Breast Cancer Awareness Trust to operate a breast health program providing high-tech breast imaging services at the Women's Center for uninsured or underinsured women in the community.

Scale indicators7 records

Recent moves7 records

Expansion highlights3 records

Regional players

• MicroPort Scientific (CRM division): MicroPort's cardiac rhythm management business develops and markets ICDs and pacemakers, primarily in Asia and Europe. Comparable as a competing CRM implantable device specialist targeting electrophysiology customers with overlapping ICD technology.

Direct peers

• LivaNova: LivaNova develops implantable CRM devices including ICDs and heart failure devices. Comparable as a direct competitor in implantable cardiac devices serving similar electrophysiology customers with comparable regulatory and clinical pathways.
• Biotronik: Biotronik is a private German CRM company with a focused ICD and pacemaker portfolio, directly competing with Cameron Health in implantable defibrillators. Comparable as a mid-sized specialist competing against larger incumbents with deep clinical relationships and a similar customer base.

Broad incumbents

• Abbott (St. Jude Medical): Abbott, which acquired St. Jude Medical in 2017, competes directly in ICDs and CRM. Its Ellipse and Fortify ICD families and connected Merlin remote monitoring network target the same electrophysiology customer base as Cameron Health's subcutaneous defibrillator.
• Boston Scientific: Boston Scientific acquired Cameron Health in 2012 and now markets the S-ICD as the EMBLEM system. It is the most directly comparable peer as both the historical acquirer/strategic investor and a major CRM incumbent whose broader portfolio competes directly with Cameron Health's subcutaneous platform.
• Medtronic: Medtronic is the global market leader in ICDs and the broader cardiac rhythm management space. It is highly comparable as a direct competitor in implantable defibrillators, with overlapping customer base (electrophysiologists, hospitals) and analogous Class III implantable device franchises.

Emerging players

• Imricor Medical Systems: Imricor develops MRI-compatible cardiac catheters and ablation devices for electrophysiology procedures. Comparable as a smaller development-stage cardiac device company serving the same electrophysiology customer base as Cameron Health.
• MedLumics (acquired by Atricure): Atricure's acquisition of MedLumics brought optical ablation and cardiac imaging technology. Comparable as an emerging cardiac device developer whose technology targets electrophysiology procedure workflows adjacent to ICD therapy.
• Element Science: Element Science is a development-stage company developing a wearable defibrillator (the Jewel). Comparable as an emerging player in the sudden cardiac arrest prevention space pursuing a non-traditional delivery model that intersects with Cameron Health's subcutaneous approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/@Cameron-Health
• Facebookfacebook.com/CameronHospital
• LinkedInlinkedin.com/company/cameron-health
• Instagraminstagram.com/cameronhealth
• Xx.com/Cameron_Health

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cameron Health