Investors pump another $18M into urgent care company

October 12, 2018 – Investors pump another $18M into urgent care company Former WellNow looking to build and buy By Geert De Lombaerde The leaders of Urgent Team have raised $18 million in funding from their existing backers. The investor group led by Crestline Investors out of Texas is funding Green Hills-based Urgent Team with a combination of equity … Read More

Alternative Behavior Strategies Positions for Growth with Appointment of Adam Singer, M.D., as New CEO

September 12, 2018 – LOS ANGELES–(BUSINESS WIRE)–Alternative Behavior Strategies, (ABS), a leading provider of services to children with autism spectrum disorders, announced today that Adam Singer, M.D., has been appointed to the role of Chief Executive Officer for the company. “Dr. Singer’s track record in growing young companies to leadership positions in rapidly expanding markets will be invaluable to … Read More

CareMetx, LLC Acquires VirMedica Inc., the Leader in e-Access Technology Solutions

September 6, 2018 – BETHESDA, Md., Sept. 6, 2018 /PRNewswire/ — CareMetx, LLC, a technology-enabled hub services provider for pharmaceutical and biotechnology manufacturers, today announced they have acquired VirMedica, the leader in e-access technology solutions designed to streamline patient access to life-enhancing therapies. “With VirMedica’s market-leading transactions, we have an opportunity to leverage technology to transform the patient access … Read More

Formation of Remita Health Raises the Bar for Hospice Care

June 14, 2018 – New Firm Aims to Elevate End-of-Life Care with Holistic, Compassionate Approach IRVINE, Calif.–(BUSINESS WIRE)–A team of veteran healthcare executives has joined together to launch Remita Health, a new company dedicated solely to hospice and palliative care and committed to improving the quality of life for terminally ill elderly patients and their families. “Everyone we have … Read More

Why Healthcare Investors Are Flocking To Opportunities In Autism (PE Hub)

February 5, 2018 – By Sarah Pringle, PE Hub Sponsors are fleshing out the best ways to invest in the autism sector as demand for treatment services grows and as an evolving reimbursement market calls for more sophisticated models of care. On the heels of private equity’s biggest bet in the sector to date — FFL Partners’ $270 million-plus … Read More

Private-Equity Pours Cash Into Opioid-Treatment Sector (WSJ)

September 6, 2017 – Firms are betting billions to expand and acquire facilities as demand soars Drug-overdose deaths have soared since the late 1990s, according to the Centers for Disease Control and Prevention, and widespread opioid addiction is largely to blame. By Jeanne Whalen and Laura Cooper Sept. 2, 2017 Private-equity firms are piling into a new business opportunity: … Read More

LLR Partners Leads $34M Investment in SUN Behavioral Health

November 16, 2016 – PHILADELPHIA & RED BANK, N.J.–(BUSINESS WIRE)–LLR Partners today announced a $34 million growth capital investment in SUN Behavioral Health, a national operator of freestanding psychiatric hospitals. Existing investors including HealthInvest, NewSpring Capital, Petra Capital Partners and SV Life Sciences also participated in the round. SUN Behavioral Health partners with communities to solve the unmet needs … Read More

Here comes the SUN: Ground Broken for Georgetown Behavioral Health Hospital

November 3, 2016 – GEORGETOWN – Gov. Jack Markell was among the speakers Wednesday at the groundbreaking for SUN Behavioral Health’s new hospital in Georgetown. During his eight years in office, Gov. Jack Markell said he has visited practically every school in Delaware. “And it is incredible to me, probably the No. 1 thing I hear from the principals … Read More

Urgent Team Continues Growth with Acquisition of Physicians Care

May 23, 2016 – NASHVILLE, Tenn., (May 23, 2016) – Urgent Team is pleased to announce the acquisition of Physicians Care, an urgent and family care company with eight East Tennessee locations. Physicians Care was co-founded in 1990 by Chattanooga native Bill Meadows, M.D. Dr. Meadows has a background in emergency medicine and more than 25 years’ experience in … Read More

VirMedica Board of Directors Appoints Industry Veteran Philip Lee as President and Chief Executive Officer

April 11, 2016 – Philadelphia, Pa. – VirMedica, the leader in providing eACCESS technology solutions designed to expedite patient access to biopharmaceutical products, today announced that its Board of Directors has appointed Philip Lee as president, chief executive officer (CEO) and a member of the Board of Directors, effective immediately. “As we enter an important growth stage for VirMedica, … Read More

Urgent Team Set to Expand with New Investment

March 10, 2016 – Urgent Team, a Nashville-based chain of urgent and family care facilities, brought in a new investor ahead of a new round of expansion. The company has 21 facilities in Arkansas, Mississippi and Tennessee and plans to use the $35 million debt and equity investment from Crestline Investors to develop new facilities and make an acquisition. … Read More

St. Elizabeth Begins Construction of $40M Hospital

February 19, 2016 – St. Elizabeth Healthcare and SUN Behavioral Health will begin construction this afternoon on a $40 million hospital in Erlanger. The joint venture will focus on mental health and addiction services. Kentucky Gov. Matt Bevin will join St. Elizabeth CEO Garren Colvin, St. E board chairman Jim Votruba and SUN CEO Steve Page in a 2 … Read More