Partial List of
Archimedes Health Investors
Avalon Net Worth
B. C. Ziegler
Bass Berry & Sims
Blue Wolf Capital
Brown Gibbons Lang
Caisse de Depot et Placement du Quebec
CIT Group Inc.
Dental Care Alliance
Halyard Capital Mgmt.
Harbour Point Capital
Holland & Knight
McKinsey & Company
OMERS Private Equity
Post Capital Partners
River Cities Capital
Sun Capital Partners
Unified Physician Mgmt.
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
INSIGHTS FROM 20 EXPERT SPEAKERS!
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
- Understand how you can overcome financing and regulatory hurdles related to specialty physician practice transactions.
- Hear how you can use Big Data to streamline expenses and maximize back office efficiencies.
- 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.
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 email@example.com
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.
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 www.capitalroundtable.com.
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 firstname.lastname@example.org or email@example.com.
Have a Question?
Please contact Chris Agar at firstname.lastname@example.org 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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- John Pouschine, Pouschine Cook Capital Management LLC
- Burt Alimansky, Chairman & CEO, The Capital Roundtable
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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 --
||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 email@example.com.
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.
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 firstname.lastname@example.org 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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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 email@example.com.
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