Capital Roundtable

Marquee Sponsors

Association Partners

Data Partners


Partial List of
Past Attendees


Archimedes Health Investors

Atalaya Capital

Avalon Net Worth

B. C. Ziegler

Bass Berry & Sims

BC Partners


Blue Wolf Capital

BlueMountain Capital

Brentwood Capital


Brown Gibbons Lang

Cain Brothers

Caisse de Depot et Placement du Quebec

Capricorn Healthcare

Cascade Partners

CIT Group Inc.

Clearview Capital

Consonance Capital

Dental Care Alliance

DermCare Mgmt.

Dorilton Capital

Excellere Partners

Firmament Group

Halyard Capital Mgmt.

Harbour Point Capital

Holland & Knight

Houlihan Lokey

HT Developers

Jordan Co.

Lorient Capital

McKesson Corp.

McKinsey & Company

Michael Kelly

MidOcean Partners

NorthStar Anesthesia

OMERS Private Equity

Parkstone Growth

Plante Moran

Post Capital Partners

Proskauer Rose

Provident Healthcare

Revelstoke Capital

River Cities Capital

Riverside Company

Rivkin Radler

Sun Capital Partners

TerraNova Capital

Thompson Street

Thurston Group

Unified Physician Mgmt.

Varsity Healthcare

West Monroe

William Blair

Investors Overcome Barriers

In Acquiring & Building Out

Specialty Physician Practices


 Private Equity Investing

In Specialty Physician Practices



John L. Pouschine

Co-Founder & Managing Member

Pouschine Cook Capital Management LLC


Thursday, August 1, 2019

8:00 am – 5:00 pm

New York City





Bass, Berry & Sims

Plante Moran





Preliminary Speaker List

Murtaza Ali, BlueMountain Capital Management LLC
Marc D. Aronstein, MidOcean Partners LLP
Shawn Garber, New York Bariatric Group

Michael M. Jablon, Varsity Healthcare Partners
Brian Rath, Lorient Capital
Alex Sauter, MHT Partners LP

(more speakers coming soon)

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

Regulatory pressures, the shift to value-based care, and the burdens of administrative and reimbursement paperwork have all transformed the healthcare landscape.


Understandably, doctors want to focus on practicing medicine, not on managing piles of paperwork. Private equity firms are happy to oblige. But doctors’ interests are not the only motivating factors. 


Other factors leading to consolidation are the fragmentation of the healthcare industry, the demands for regional platforms, and the pressure for high returns.


A major strategy is focusing on economies of scale, but experienced investors use other tactics such as --  

  • managing regulatory risk -- particularly associated with Medicare and Medicaid, and the need to manage multiple contracts with multiple entities.

  • equipping physician practice groups to handle improvements while also cutting costs as they move toward value-based care

  • staying ahead of  improvements in electronic medical records systems and in oversight of  claims and reimbursements.

These factors are all contributing to greater investment activity, as well as to a special focus on buy-and-build strategies.


You’ll gain profitable insights from our panelists as they assess the outlook for specialty physician practices when you attend The Capital Roundtable’s all-day conference on Private Equity Investing in Specialty Physician Practices on August 1, in New York City.


Click here to receive our best rate -- a savings of $300 on our regular conference rates!


Some of the areas most popular for private equity investors these days are --

  • Ophthalmology -- KKR recently launched  Falcon Vision, a platform devoted to providing financial strength to emerging ophthalmology companies.

  • Orthopedic --  Last summer  Atlantic Street Capital bought OrthoBethesda.

  • Dental -- Ares Management and Leonard Green & Partners increased their stake in Aspen Dental Management last year, adding to their already whopping 650 practices.



Here Are Three Key Reasons Why You Should Join Us


  1. Understand how you can overcome financing and regulatory hurdles related to specialty physician practice transactions.

  2. Hear how you can use Big Data to streamline expenses and maximize back office efficiencies.

  3. Learn how you can devise creative strategies to recession-proof your investments.



While the economics of investing in specialty physician practices are overwhelmingly attractive, they aren’t without their own risks and challenges, e.g.,

  • Some practice areas like surgery are high risk due to their dependence on hospitals and less attractive reimbursement systems.

  • Calculating expenses and competitive compensation for doctors.

  • Overcoming negative popular perceptions about whether investors' profit goals mix with healthcare’s mission to deliver care to patients.


Click Here to Register to Hear Our 20+ Speakers Address Key Points Such As --

  • What specific physician practice areas are most attractive?

  • What’s is the range of deal multiples in the market?

  • Which practice are most fragmented and which ones are the least?

  • What benefits come from partnering with strategic investors?

  • What best practices are learned from GPs managing specialty physician practices?

  • How do you incentivize doctors?

  • Should doctors be shareholders?

  • How can you improve revenue-cycle management systems?

  • What new government regulations could affect the sector in the near future?

  • How do you  best negotiate contracts and reimbursements?

  • What exit strategies are best?

  • How can you successfully divest a specialty physician practice in the public markets?


Register Now to Join John Pouschine

And More Than 20 Industry Experts


In 1997 John Pouschine co-founded Pouschine Cook, a private equity firm that invests in lower to middle-market companies ranging from $20 million to $250 million in revenue.  Before that  he was a senior vice president and director at Electra Inc. where he focused on leading expansion financings, recapitalizations, and acquisitions.


John had been a vice president at Bradford Ventures Ltd., where in addition to doing buyouts, he played a leading operating role turning around two portfolio companies. Previously he’d been an investment banker at Prudential Securities and a commercial banker at J. P. Morgan. John was graduated from Princeton University and from the Harvard Business School.



 Recent Middle-Market Dental-Related Deals


  • Ares Management invested $1.45 billion in DuPage Medical Group, a multi-specialty physician group.

  • Waud Capital Partners invested in Minnesota Eye Consultants.

  • KKR bought 58% of Heartland Dental in 2018 from Ontario Teachers’ Pension Plan.

  • KKR purchased Envision Healthcare, a Nashville-based physician services provider.

  • HIG sold its stake in Surgery Partners to Bain Capital Private Equity.

  • Pouschine Cook sold Golden State Dermatology to Sorenson Capital.

  • Omni Ophthalmic Management Consultants, a portfolio company of NMS Capital, acquired Ludwick Eye Center, a provider of medical-surgical eye care services in Pennsylvania and Maryland.

  • Gastro Health, an Audax Group Private Equity portfolio company specializing in owning and operating gastroenterology practices and ambulatory surgical centers acquired Central Florida Gastroenterology, a private practice in Orlando, and Southeast Gastro, its first out-of-state acquisition.

  • Frazier Healthcare Partners acquired Atlanta Gastroenterology Associates, which provides digestive healthcare services, and renamed it United Digestive.



This Capital Roundtable conference is the ideal place to expand your network and open up pathways to future deals. The day’s agenda includes ample time to let you --

  • Meet fellow attendees and featured speakers
  • Enhance your personal database with valuable new connections
  • Share both ideas and business cards
  • Meet potential investment partners and clients

Keep in mind this conference is certain to fill up quickly, so you’ll want to register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Chris Agar today to confirm your attendance at 212-832-7300 ext. 0 or


 Who Should Attend


Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, BDC, and Lending Funds, as Well as Independent Sponsors, Operating Partners, Portfolio Company Managers, and the Bankers, Lawyers, Accountants, & Other Advisors Who Support Them.




We look forward to having you join us on Thursday, August 1, 2019.


Conference Organizers


This conference is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community.  For more information about The Capital Roundtable’s 30 annual conferences and other events and programs, please visit




 Speaking & Business Development Opportunities


We offer excellent speaking, marketing, and business development opportunities to reach the middle‑market private equity community. For more details, please contact Kellie Green or Claire Notton at 212-832-7300 or by email at or




Have a Question?


Please contact Chris Agar at or 212-832-7300 ext. 0.




Who We Are


This Capital Roundtable conference in midtown, New York City, is all-business, all-targeted, all-designed to be a completely focused day of practical information and revealing insights. You’ll gain valuable insights from --

  • Three informative panel discussions
  • Two revealing keynote presentations
  • Real-world perspectives from PE investors
  • Industry outlooks from noted sector experts
  • War stories and lessons learned from experienced hands

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Chaired By

  • John Pouschine, Pouschine Cook Capital Management LLC


Hosted By

  • Burt Alimansky, Chairman & CEO, The Capital Roundtable


  • Murtaza Ali, Senior Operating Partner, BlueMountain Capital Management LLC
  • Marc D. Aronstein, Operating Partner, MidOcean Partners LLP
  • Shawn Garber, Director, New York Bariatric Group
  • Michael M. Jablon, Principal, Varsity Healthcare Partners

  • Brian Rath, Partner, Lorient Capital
  • Alex Sauter, Principal, MHT Partners LP

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Networking & Registration & Breakfast


Welcoming Remarks & Audience Self-Introductions


Conference Chairman’s Introduction --


  • John Pouschine, Pouschine Cook Capital Management


First Panel --

Finding Gems in a Fragmented Sector --

Which Practices Make Attractive Investments?


Networking & Coffee


Morning Conversation --
Zooming In on Due Diligence --
Staying Abreast of Regulations & New Technologies


Morning Keynote --

  • TBA
12:30-01:30 Networking & Luncheon


Second Panel -- 

Managing Specialty Physician Practices --
Transitioning from Fee-for-Service to Fee-for-Value


Networking & Dessert



Afternoon Conversation --

Best Practices for Growing Specialty Physician Businesses --
From Negotiating Contracts to Managing Revenue Cycles


Third Panel --

Attracting & Retaining Doctors --

How to Incentivize Practitioners



Networking & Adjournment



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Space at this conference is limited, so register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Chris Agar today to confirm your attendance at 212-832-7300 ext. 0 or


Please note that The Capital Roundtable limits the number of registrants from a single firm to three.


  • Best Rate -- Early Registration -- Save $300 off the standard fee of $1495 when you register by Friday, June 14. Just $1195.


  • Incentive Registration -- save $200 off the standard fee!
    Register by Friday, July 5, and the fee for the conference is $1295.


  • Conference Rate -- $1,495 increasing to $1,595 day of conference, space permitting.


  • Group Rate -- $1095 each until Friday, July 5, when you register two or more people to attend from the same company . This rate increases to $1295 each after Friday, July 5.


Register Now


You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 747 Third Avenue, Suite 200, New York, NY 10017.

Have a special question? Please contact Chris Agar at or 212-832-7300 ext. 0.


From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

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Midtown, NYC

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton at 212-832-7300 ext.117, or by email at


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