Surgical Notes names CEO, undergoes recapitalization

Surgical Notes selected a new CEO and completed a majority recapitalization in partnership with The CapStreet Group, a Houston-based private equity firm.

In conjunction with CapStreet's investment, Surgical Notes President and COO Randy Bishop will become CEO. Jeff Blankinship is stepping down from the CEO role to focus on his new endeavor, Healthcare Paycard, a Surgical Notes representative told Becker's. Mr. Blankinship will no longer be involved in the operations of Surgical Notes, but he remains a minority shareholder in the company.

Financial terms of the recapitalization weren't disclosed. Waterview Investment Banking advised Surgical Notes on the deal, according to The PE Hub Network.

Dallas-based Surgical Notes offers products and services intended to improve reimbursement, administration and information management at ASCs.

Surgical Notes marks CapStreet IV's ninth investment.

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