Yukon invests in DuvaSawko: 5 things to know

Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, has invested in emergency physician revenue cycle and practice management company DuvaSawko, based in Ormond Beach, Fla.

Here are five things to know.

1. DuvaSawko is owned and managed by emergency medicine physicians. The company offers services to emergency physician groups and hospital-based emergency departments.

2. Ancor Capital Partners sponsored the transaction in which it, Yukon and other institutional co-investors acquired a controlling equity interest in DuvaSawko.

3. Mezzanine capital was also provided by Yukon.

4. Additionally, Yukon management will own a meaningful interest in DuvaSawko.

5. "Our partnership with the principals of Ancor has covered five investments, and we are once again excited to invest alongside them to support the DuvaSawko management in execution of the investment strategy," William Dietz, managing partner of Yukon, said in a prepared statement.

 

More articles on finance and revenue cycle management:

Mayo Clinic to begin $100M expansion project at Jacksonville campus this summer
Federal, state efforts to end balance billing: 4 things to know
For-profit hospital stock report: Week of March 28-April 1

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>