Full-Time
Invests in lower-middle-market healthcare companies
No salary listed
Nashville, TN, USA
Remote
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Council Capital is a healthcare-focused private equity firm based in Nashville that invests in lower middle-market companies (enterprise value under $100 million) aiming to improve healthcare. The firm grows portfolio businesses by leveraging its CEO Council, a network of 34 senior executives with investments in its funds and deep connections with payers, providers, and employers representing a large portion of managed care lives. It also uses a Value Creation Team to provide strategic and operational support in areas like go-to-market, revenue cycle, talent management, and technology/AI. Its goal is to increase the value of its portfolio companies by applying these networks and resources to drive growth and efficiency in healthcare businesses.
Company Size
11-50
Company Stage
N/A
Total Funding
$107M
Headquarters
Nashville, Tennessee
Founded
2000
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Council Capital acquires MedicalServiceQuotes.com. Healthcare-focused private equity firm invests in medical services procurement tool that payers and employers use to manage claims. NASHVILLE, Tenn.-(BUSINESS WIRE)-Council Capital, a prominent healthcare-focused private equity firm, today announces the acquisition of MedicalServiceQuotes.com (MSQ), a platform as a service (PaaS) technology provider helping payers and employers efficiently procure and manage ancillary services and pharmacy benefits through transparent, data-driven analytics. "Leveraging technology to power efficient, transparent, high-quality care for injured workers is how we transform healthcare," said Grant Jackson, Managing Partner, Council Capital. Share Investment firm PMPK, led by industry veterans Chris Feeney and Ken Hannigan, Ph.D., also supported this deal with both financial and advisory backing. Their proven leadership will be instrumental in driving industry transformation. "Leveraging technology to power efficient, transparent, high-quality care for injured workers is how we transform healthcare," said Grant Jackson, Managing Partner, Council Capital. "We support the vision of MSQ and look forward to expanding its industry-leading cost containment solutions through the high-touch support Council Capital offers our portfolio companies." Based in Castle Rock, Colorado, MSQ streamlines workflow management for workers' compensation and auto-no-fault insurers by providing a single, integrated portal for vendor access, billing, and reporting. The platform enables clients to manage preferred vendors through a custom panel and secure competitive pricing via network discounts and real-time bidding. By capturing granular vendor data, MSQ's proprietary technology delivers the analytics necessary for data-driven decision-making. "MSQ's mission is to empower clients by leveraging technology to provide pharmacy benefit management and ancillary healthcare services from the highest-quality providers in one convenient platform," MSQ founder and CEO Kent Morgan stated. "We're excited to build on this momentum and continue delivering industry-leading innovation." Morgan will continue to lead MSQ's operations in Castle Rock, Colorado. ABOUT COUNCIL CAPITAL Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee. Now investing out of its fourth fund, Council aspires to partner with high-growth healthcare companies to achieve strong investment returns by investing in businesses that make healthcare better. The firm has deep experience in scaling technology and service models in healthcare and brings a powerful network of industry leaders to each of its portfolio companies. For more information, visit councilcapital.com.
GEOH, a leading provider of practice management software for home care agencies, has secured over $30M in growth investment from Council Capital and affiliates. This funding will accelerate GEOH's expansion and enhance its end-to-end software and services platform. Council Capital, a healthcare-focused private equity firm, joins existing investors to support GEOH's mission of improving cash flows for home care agencies. GEOH has doubled its revenue annually for the past three years.
StrataPT has secured $25 million to enhance clinical efficiency and maximize reimbursement rates for outpatient therapy practices. The platform aims to simplify reimbursement complexities and streamline clinical processes, achieving nearly 100% reimbursement rates and collecting $275 million for practices to date. StrataPT's revenue has grown 60% year-over-year, and its U.S.-based team has expanded by 75% in the last two years. Council Capital's Kevin Fahey and Gregory Anderson join the Board of Directors.
StrataPT Rasies $25 Million in Funding
Nashville, TN - September 18, 2024 - Council Capital, a leading private equity firm focused on investing in the healthcare sector, announced the hiring of Colette Edgar and Landon Klausing as the newest members of its Portfolio Value Creation team.