# Daniel Palestrant

> Daniel Palestrant founded the original Sermo physician network and served as its CEO before leaving in late 2011. A repeat entrepreneur, he previously founded Azygos and later co-founded and led par8o with Adam Sharp. His career centers on professional networks, information exchange, and software businesses.

- **Role:** Entrepreneur and software-company founder
- **Organizations:** Sermo, par8o, Azygos, BioNetrix / BNX Systems
- **Education:** B.S. in Biology, Johns Hopkins University, M.D., Duke University, General surgery training, Beth Israel Deaconess Medical Center
- **Known for:** Raised $2.2 million for Azygos and sold it to BioNetrix in 2001., Founded and led the original Sermo network., Sermo appeared on Fast Company’s 2010 innovative-companies list during his tenure.

## Career timeline

- **1998** — Founded Azygos.
- **2001** — Sold Azygos to BioNetrix in May; joined the buyer as a director.
- **2005** — Sermo took shape; its public launch followed in 2006.
- **2010** — Led Sermo during its major platform redesign.
- **2011** — Left Sermo in late 2011; co-founded par8o with Adam Sharp.
- **2012** — WorldOne acquired Sermo in July, after his departure.
- **2015** — par8o announced a $10.5 million Series A round.
- **2021** — Was par8o CEO when Cloudmed acquired the company in December.

## Achievements

- Raised $2.2 million for Azygos and sold it to BioNetrix in 2001.
- Founded and led the original Sermo network.
- Sermo appeared on Fast Company’s 2010 innovative-companies list during his tenure.
- Co-founded par8o, which Cloudmed acquired in 2021.

## Latest updates

- **2021-12** — Cloudmed acquired par8o; the announcement identified Palestrant as its CEO.
- **2026-02** — Company-history update: NuvemRx acquired the referral-capture business formerly known as par8o from R1 RCM. The announcement does not establish a new role for Palestrant.

## Links

- LinkedIn: https://www.linkedin.com/in/danielpalestrant
- Twitter/X: https://x.com/dpalestrant

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Profile page: https://yespress.io/daniel-palestrant
Published by YesPress — https://yespress.io
Last updated: 2026-10-21