Remedy Partners Announces Investment from New Mountain Capital
Summary
The investment by New Mountain supports Remedy’s leadership role in the rapidly emerging health care bundled payments industry.“They have built an impressive portfolio of leading health care companies, in sectors complementary to Remedy.New Mountain will hold four of seven board seats and take an active role in business development, M&A and strategic guidance.The Company’s bundled payment network serves Medicare and private insurers and manages over $9 billion of annual health spending.New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies.
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