Private Equity Firms Invest in Cancer Centers

Private equity firms have recently invested in cancer centers to take advantage of a growing business, according to a Tennessean report.

Advertisement

For example, Kohlberg & Co. acquired a majority stake in e+CancerCare in Nashville, an outpatient cancer center operator. Kohlberg & Co. also provided the operator with $100 million-$150 million of capital, which it plans to use to develop new centers and expand into new markets.

Another example is Pharos Capital Group, which has a stake in a company called Aurora Imaging Technology that develops breast imaging technology.

Related Articles on Hospital Oncology:

Pennsylvania’s Mercy Suburban Hospital Breaks Ground on $8M Cancer Center
KLAS Report: Oncologists Need Health IT With Functionality, Integration

Michigan’s $5M Monroe Cancer Center Opens

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Capital

Advertisement

Comments are closed.