RHG acquires Steward Well being Care's doctor community
Major care supplier Rural Healthcare Group (RHG) has accomplished the acquisition of Steward Medical Group and Steward Well being Care Community.
RHG stated it’ll rework the consolidated firm into Revere Medical as a part of the settlement. The mixed firm plans to put money into Stewardship infrastructure for individuals and expertise.
Revere Medical, owned by Kinderhook Industries, is dedicated to protecting care native and making certain sufferers proceed to have entry to their current suppliers, specialists and hospitals. The mixed firm goals to create a provider-supported tradition, permitting clinic groups to ship their companies in a greater means for sufferers.
It permits clinic groups and expertise, service, individuals and workflow suppliers to optimize clinics for the advantage of your complete neighborhood.
Benson Sloan, CEO of Revere Medical, stated: “That is an thrilling time for each Stewardship and RHG, now often called Revere Medical. By combining the organizations, Revere Medical can speed up the influence of our enterprise mannequin to extra healthcare suppliers, sufferers and communities.
“The following step is to combine the 2 organizations whereas making additional investments to strengthen healthcare provision. As Revere Medical, our mission to enhance the lives of individuals in underserved areas by way of high-quality care stays unchanged.”
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Matt Bubis, president of Kinderhook Industries, stated, “This partnership is the newest instance of Kinderhook's dedication to enabling value-based, patient-centric platforms that strengthen main care's function on the middle of the healthcare ecosystem.”
Previous to the acquisition, Revere Medical was represented by Kirkland & Ellis as authorized counsel, Bass, Berry & Sims and Epstein Becker & Inexperienced as regulator, and Centerview Companions as monetary advisor.
