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Dr. Kiran Patel invests $60 million in medical device company, will move HQ to Tampa

Dr. Kiran Patel has invested $60 million in a medical device company that will allow it to pursue clinical testing of new cardiovascular technology — and he plans to move the company’s headquarters to Tampa.

Patel, a cardiologist and serial entrepreneur, has backed Concept Medical Inc., which is currently based in Miami and has a manufacturing subsidiary, Envision Scientific Pvt. Ltd., in India. CMI announced the deal on Tuesday.

Patel is the founder of WellCare Health Plans Inc. (NYSE: WCG),…

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