Ascension Health

Ascension Health is a non-profit Catholic health system dedicated to delivering compassionate and personalized healthcare, particularly to individuals living in poverty and those who are most vulnerable. The organization offers a wide range of services, including clinical care management, community benefit programs, and physician practice management. Additionally, Ascension engages in venture capital investing, treasury management, biomedical engineering, and information services, ensuring that patients have access to safe and reliable healthcare. Its mission is to provide care and support to those in need, reinforcing its commitment to improving the health and well-being of the communities it serves.

Saurabh Tripathi

CFO and Executive Vice President

6 past transactions

Midwest Neurological P.C

Acquisition in 2024
Midwest Neurological P.C. is a Medical clinic in Evansville, Indiana.

Allegan General Hospital

Acquisition in 2019
Allegan General Hospital is a not-for-profit, acute care facility governed by a 11 member board of trustees.

R1 RCM

Post in 2015
R1 RCM is a revenue cycle management partner for hospitals and healthcare systems, offering technology-driven solutions that enhance both patient experiences and financial performance. Founded in 2003 and based in Chicago, Illinois, the company utilizes a proven operating model known as the R1 Performance Stack to seamlessly integrate with various healthcare organizations. R1 RCM provides comprehensive end-to-end services, including revenue cycle personnel, technology solutions, and process workflows, which aim to improve operating margins and cash flows for healthcare providers. The company’s services are designed to foster satisfaction among patients, physicians, and staff while ensuring revenue predictability for its clients. The majority of R1 RCM’s revenue is generated through operating fees.

Cheetah Medical

Venture Round in 2013
Cheetah Medical, Inc. is a medical technology company specializing in the development and commercialization of non-invasive solutions for monitoring cardiac output and hemodynamics. Its flagship product, the CHEETAH NICOM system, is a non-invasive cardiac output monitor that aids in clinical applications such as fluid optimization, hemodynamic diagnosis, and drug titration. The system provides valuable insights into conditions like hypovolemic shock, septic shock, and acute renal failure, among others. CE marked and FDA cleared, the CHEETAH NICOM is recognized for its equivalence to invasive monitoring systems. Cheetah Medical distributes its products to medical centers across numerous countries, including the United States, Australia, and several European and Asian nations. Founded in 2000 and headquartered in Newton Center, Massachusetts, Cheetah Medical also maintains offices in Vancouver, Washington, Tel Aviv, Israel, and the United Kingdom, and operates as a subsidiary of Baxter International Inc. The company remains dedicated to research and development, collaborating closely with clinicians to enhance patient outcomes.
Alexian Brothers Behavioral Health Hospital, based in Arlington Heights, Illinois, is a subsidiary of Alexian Brothers Health System. Founded in 1984, it specializes in providing a range of healthcare services focused on behavioral health. The hospital offers various treatments and support for mental health issues, alongside other services like hospice care, pediatrics, and rehabilitation. In addition to its core behavioral health offerings, the organization operates specialty hospitals, ambulatory care clinics, and senior living facilities across the United States, ensuring a comprehensive approach to patient care.
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