- Private equity firm Aquiline Capital Partners acquired a majority stake in Health Prime International, which provides revenue cycle management services for physician practices.
- Alternative asset management firm TPG made a strategic investment in Compass Surgical Partners, which has developed or managed more than 250 ASCs across 35 states.
- Connecticut-based private equity firm Peloton Equity invested in OnPoint Healthcare Partners, an AI-enabled technology services provider focusing on reducing physician burnout and improving administrative efficiencies.
- Careismatic, a private-equity owned medical scrubs maker and distributor in California, filed for bankruptcy Jan. 23 as it logs $833 million in debt in the face of decreasing demand for medical supplies post-pandemic.
- Venture capital firm General Catalyst plans to acquire Akron, Ohio-based Summa Health and transform the health system into a for-profit entity.
- Louisville, Ky.-based BrightSpring Health Services, a home- and community-based health services provider that’s backed by private equity firm KKR & Co., filed for an initial public offering in January.
- Goldman Sachs Asset Management closed on a $650 million investment fund to target life sciences that will focus on private equity investments in early- to mid-stage therapeutics companies.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
