Sverica Capital Management (Sverica) has acquired a majority interest in Women’s Health USA (WHUSA). The investment is Sverica’s fourth investment from Fund IV.
Based in Avon, Connecticut, WHUSA is a national physician practice management organisation focused on women’s health, including OBGYN and In Vitro Fertilisation. WHUSA provides physician practices with a full suite of practice management solutions including revenue cycle management, payor contracting, EMR & technology management, financial & accounting, risk management, and others. WHUSA’s unique model creates true partnerships, which allow affiliate physician groups to retain their identity and autonomy while providing best-in-class operational management, capital for growth, and liquidity to partner physicians.
Robert E Patricelli, founder and CEO, says: “Our new partnership with Sverica will give WHUSA the capital and backing to grow faster and to be more supportive of women’s health physicians who are looking to remain independent but at the same time be part of a national network of high quality professionals.”
Dave Finley, Managing Director at Sverica, says: “We are pleased to partner with WHUSA and its management team to continue building the leading women’s health organisation in the US.”
Gregg Osenkowski, Vice President at Sverica, adds: “We were attracted to WHUSA because of their joint venture model which allows physicians to remain autonomous but also leverage all the resources and expertise of a national practice management platform.”
