BelHealth Investment Partners acquires American HealthCare Staffing Association — 5 notes

New York City-based BelHealth Investment Partners, a healthcare-centered private equity firm, purchased Traverse City, Mich.-based American HealthCare Staffing Association, according to Staffing Industry Analysts.

Here are five notes:

1. Founded in 2003, AHSA provides vendor management systems to 200 facilities spanning the United States.

2. AHSA President Tim Cerny will maintain his position as head of the firm.

3. In addition to its ASHA investment, BelHealth Investment Partners acquired Edmond, Okla.-based AHS Staffing, a healthcare staffing firm, in October 2016.

4. Paul Barrett, vice president of BelHealth, told Staffing Industry Analysts hospitals will increasingly adopt vendor management solutions and ASHA will therefore "continue to gain market share."

5. Mr. Cerny said, "We have an excellent foundation in place to take advantage of the positive tailwinds supporting both the increased adoption of VMS and the strong demand for healthcare staffing. BelHealth's broad experience across healthcare will be integral as we continue to expand our service offerings and further invest in our technology platform to better serve our hospital and health system clients."

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