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Highlander Partners and Flexpoint Ford acquire Eagle Hospital Physicians

Highlander Partners, a Dallas-based investment firm, and Flexpoint Ford, a private equity firm dedicated to the healthcare and financial services sectors, have completed the acquisition of Eagle Hospital Physicians.

Eagle is a practice management company providing hospitalist contract services, telemedicine and hospitalist temporary staffing to its hospital partners, primarily in the US Southeast and Mid-Atlantic regions.

Highlander and Flexpoint are joined in the transaction by Health Enterprise Partners. Highlander Partners, Flexpoint Ford and HEP have committed substantial additional capital to support future growth initiatives of the company.

Eagle Hospital Physicians has named Brent McCarty, a seasoned executive with over 20 years of healthcare experience, as its new chairman and chief executive. McCarty previously served as president and chief operating officer of Accuro Healthcare Solutions, a provider of revenue management solutions to the healthcare industry.

Robert Young, founder and chief executive of Eagle since 1998, will continue to provide leadership and guidance to Eagle and serve on the company’s board of directors. Mac McCormick, senior medical director with Eagle since 2003, will continue Eagle’s physician leadership as the chief operating officer.

"Over the past decade, Eagle Hospital Physicians has gained recognition as one of the top hospitalist companies in the Southeast, providing inpatient solutions tailored to client hospital size, location and needs," says Young. "I am excited to partner with Brent McCarty as well as Highlander Partners and Flexpoint Ford to capitalise on the strategic opportunity to continue building Eagle."

"Eagle has a great history of providing powerful hospital solutions by developing and managing hospitalist programs," adds McCarty. "Moving forward, we’re uniquely positioned to help our hospital partners meet their inpatient physician service needs. I am excited to be a part of a company that is committed to innovation and quality inpatient care. We will be making focused investments in people, process and technology, including improving and developing quality measurement systems and focusing on telemedicine and other specialty lines of business."

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