Capitol Pain Institute, a national pain management clinic and ASC network based in Austin, Texas, has acquired Bloomington, Ind.-based Wellspring Pain Solutions.
The acquisition of Wellspring's five pain management clinics marks Capitol Pain Institute's entry into Indiana's healthcare market, according to a Feb. 16 news release from the institute. The network already has 12 locations across Texas, Ohio and Kentucky.
Capitol Pain Institute is backed by Iron Path Capital, a healthcare-focused private equity firm.