Emerus Receives Investment from Welsh, Carson, Anderson & Stowe
Summary
Emerus Holdings, a The Woodlands, TX-based provider of inpatient and diagnostic care in partnership with health systems, received a strategic investment from Welsh, Carson, Anderson & Stowe (Welsh Carson), a health care investment firm.In conjunction with it, Austin Ventures, Emerus’ equity partner, will divest its position.The company will use the proceeds to expand its business and create an $11 million charity fund, which is being established to benefit the communities throughout the Emerus network of facilities.Led by Dr. Toby Hamilton, CEO, Emerus partners with health systems to bring patient-centric acute episodic and ambulatory clinical services to communities across a given market.Emerus specializes in the identification, development and management of improved-access and operationally efficient medical facilities throughout the United States.