Memorial Healthcare System

Memorial Healthcare System is a prominent public healthcare organization in the United States, recognized for its commitment to quality care and patient satisfaction. As one of the largest not-for-profit health systems in the country, it operates multiple facilities and services aimed at improving community health. The system emphasizes accessible and comprehensive healthcare, providing a range of medical services to meet the diverse needs of its patients. Its dedication to excellence and community well-being positions Memorial Healthcare System as a leader in the healthcare sector.

Philoron Wright

CEO

3 past transactions

SpendMend

Venture Round in 2022
SpendMend is a healthcare organization that focuses on helping healthcare entities identify and mitigate financial leakage. The company provides spend visibility and audit recovery services aimed at detecting payment errors and contract non-compliance within clients' operating expenses. By utilizing a technology-driven platform, SpendMend enables healthcare organizations to generate cost savings and enhance their cost cycle management. This approach not only helps clients shrink financial losses but also prevents future occurrences, effectively addressing control gaps that can lead to over-payments.

Exela Pharma Sciences

Corporate Round in 2021
Exela Pharma Sciences, LLC is a rapidly growing US-based specialty pharmaceutical company focused on the development, manufacturing, and marketing of proprietary and generic sterile injectable products. The company aims to improve patient outcomes while reducing overall healthcare costs by offering a range of products, including generic injectables, ophthalmic, and inhalation medications. With a commitment to alleviating drug shortages, Exela is recognized for its dedication to enhancing the supply chain and creating high-value employment opportunities in rural areas. By providing therapeutically effective formulations, Exela increases treatment options for healthcare providers and enhances the quality of life and treatment experience for patients.

Broward Guardian

Acquisition in 2020
Broward Guardian, LLC is a Medicare Accountable Care Organization (ACO) based in Hollywood, Florida, founded in 2013. The organization primarily comprises primary care physicians and specializes in providing healthcare services that include accountable care, Medicare managed services, and care management. As of May 2020, Broward Guardian operates as a subsidiary of the South Broward Hospital District, Inc., enhancing its capability to deliver coordinated care to Medicare beneficiaries.
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