Leawood, Kan.-based NueHealth secured growth capital financing through Ares Management and BC Partners Credit.
Here's what you should know:
1. NueHealth CEO Dan Tasset said the funding meets the company's short-term goals while positioning it to excel in the value-based care space.
2. NueHealth Chairman and ValueHealth Executive Chairman John Palumbo echoed Mr. Tasset's comments, saying, "This partnership will give us the flexibility and capacity to invest more meaningfully in our individual facilities and expand into new markets with our value-based care platform."
3. Mr. Tasset said, "I am extremely proud of our experienced management team, which has over 150 years of combined experience in healthcare services, for closing this important transaction."
4. NueHealth was advised by Bryant Park Capital.