Page 15 - Gracecare Homes Brochure
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MEET OUR
CEO
Dr.MichaelLutherhasbeenanasset solelyoninvestinginprivate,emerg- Manager for over 30 years. In 1988, ing growth companies.
Dr. Luther founded Luther, Smith & Small, a firm specializing in under- writing IPO’s. This company later merged with W.R. Lazard & Co, an asset management company with more than $2 billion under manage- ment. In 1994, Dr. Luther founded Goldleaf Capital Partners, a Los Angeles-based venture capital firm thatspecializesinprovidingtheseed capital necessary to prove the eco- nomics of various start-up and ear- ly-stage businesses. Dr. Luther was also a founding Board member of the leading venture capital fund Kline Hawkes California and the small business investment fund Kline Hawkes California SBIC, which was licensed by the SBA in 1995. Since 1988, Dr. Luther has concentrated
In July of 2016 Dr. Luther founded Gracecare Medical holdings in or- der to properly scale and manage
his numerous holdings in the health care industry. Dr. Luther received a Bachelor of Science degree in Chem- istry from North Carolina A&T Uni- versity, a DDS degree from Howard University, and a Master’s degree in PublicHealthfromJohnsHopkins University.
Dr. Luther currently owns a residen- tial care facility that is occupied by level 4 residents. His personal expe- rience locating, outfitting, licensing, staffing, and operating the most complex level of care facility gives us great confidence in the future suc- cess of this venture.
“Gracecare Homes has developed a long-term business plan for future residential care facilities and adult day care facilities as it anticipates solid growth in both areas which meets all the needs of the devel- opmentally disabled and elderly consumers. This is a Recession Resistant industry any way you look at it! Gracecare Homes offers a much needed realistic solu- tion to provide the “home-like” residential home care facilities and adult day care centers to the consumers of the “self-determined” movement and “baby boomer” generation that are in full demand. Gracecare Homes offers solutions that keep costs under control, while at the same time enable consumers to continue living a life of quality, dignity and choice.”