The urgent care industry is poised for more expansion driven by the Affordable Care Act, hospital closings, primary care doctor shortage, high Emergency Room costs. Industry sources expect a steady flow of patients seeking regular care (vs. acute care) to flow into urgent care centers within the next 5 to 10 years.
Dr. Kenneth Palestrant, founder of Physicians Immediate Care in Florida, recognizes this trend. Approximately, 20% of patients use his five centers to receive primary care. With ACA implementation, Dr. Palestrant expects more hiring of nurse-practitioner and physician assistants in urgent care to address the gap in primary care. >>Read more
Source: MedCity News
It's not always money that drives key employees to exit.
Columnist Jeff Haden outlines and explains a few non-salary reasons. Know of any others? >>Read more
- The business has grown - and so has your ego.
- A boutique turned into a corporation.
- The sky no longer seems the limit.
- Exceptional skill resulted in handcuffs.
- Flat became multi-layered.
- Major League Baseball turned into Little League.
Source: CEO.com
Bregal Partners acquired US Community Behavioral (USCB), a multi-state provider of community-based residential and behavioral services to adults and children. The PE firm will leverage the size and organization's reputation to foray deeper into behavioral health care sector. The acquisition, made in partnership with management, presents a well-capitalized platform poised for expansion.
US Community Behavioral is a best-in-class provider offering a full continuum of services including supported living, licensed homes, employment services, autism and other therapy-based behavioral services. >>Read more
Physicians Endoscopy (PE), a healthcare services company that develops and manages endoscopic ambulatory surgery centers (ASC), is now a Pamlico Capital investment. Pamlico recently acquired the stake in Physicians Endoscopy from Silver Oaks Services Partners. (PE was a Silver Oaks portfolio company since 2008). Under Silver Oaks, PE doubled its numbers to 29 centers nationwide. The company partners with practicing physicians and hospitals. Its services include development, management, and billing services..an effort to minimize the administrative burden on physicians.
>>Read more
