What you should know:
- Varsity is the investment firm behind Orthopedic Care Partners, IdealOption, Emergency Care Partners, Probo Medical and Angels of Care Pediatric Home Health. The firm is heavily established in the orthopedic space, where OCP is an established platform.
- Peak Gastroenterology’s Buck Patel, MD, and Prashant Krishnan, MD, will remain shareholders and will continue to lead the practice, PE Hub reports.
- Peak checks all the boxes of a typical PE investment. The 26-physician group has seven clinical locations and 11 endoscopy centers or GI laboratories, and is affiliated with 10 hospitals.
- If Varsity continues to make investments in GI, it will become the sixth competing platform in the space.
More articles on surgery centers:
Number of independently owned ASCs drops 6 percent in a decade
3 trends affecting ASCs
3 challenges facing ASC leaders in 2020
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
