Welsh Carson’s NaviHealth Acquires Senior Metrix

Private equity backed NaviHealth has acquired SeniorMetrix, a Nashville-based provider of data-driven clinical decision-support solutions to the post-acute healthcare markets. Brentwood Capital Advisors acted as exclusive financial advisor to SeniorMetrix. NaviHealth was created by two healthcare companies – Select Medical, Universal American and private equity firm Welsh, Carson, Anderson & Stowe.

PRESS RELEASE

Brentwood Capital Advisors is pleased to announce the sale of SeniorMetrix to NaviHealth. SeniorMetrix, based in Nashville, is the leading provider of data-driven clinical decision-support solutions and functional assessments to the post-acute healthcare markets. Through its comprehensive, proprietary technology and care management tools and services, NaviHealth delivers higher quality post-acute care while more efficiently utilizing the resources of payers, health systems and providers. SeniorMetrix provides health plans with data-driven predictive modeling systems to generate optimal post-acute care. SeniorMetrix will be a foundational component of NaviHealth’s post-acute care management offering. SeniorMetrix’s management team, including Rick Glanz and Reg Warren, will continue in leadership roles with NaviHealth. Rick Glanz, CEO of SeniorMetrix commented, \\\”This transaction is a strong validation of the post-acute care management tools and systems that our team has developed, and we are enthusiastic about the opportunity provided by NaviHealth’s comprehensive and unique platform. Brentwood Capital Advisors, our investment banking advisor, played a critically important role in structuring, negotiating and closing a transaction that met and exceeded the needs of our shareholders – for liquidity and for strategic opportunity going forward. Brentwood Capital Advisors’ expertise and commitment to success was a key factor in closing this transaction.” “SeniorMetrix possesses the premier tools and expertise for effectively addressing cost and quality of care issues in the post-acute markets, and they are positioned ideally to meet the growing demand for high quality and efficient post-acute care,” stated Jack Harrington of Brentwood Capital Advisors. “This transaction pairs SeniorMetrix with the leading platform for addressing the post-acute opportunity, with valuable ancillary tools and services, and with the industry’s leading strategic and financial partners supporting NaviHealth. We enjoyed working with the SeniorMetrix team on this assignment, and we’re pleased to be associated with this important transaction.” About SeniorMetrixTM SeniorMetrix offers a comprehensive suite of functional assessment and clinical decision-support technology solutions to organizations seeking to improve overall management of their post-acute care members or seeking to identify high-risk members, allocate appropriate member management resources, and allow for early intervention to keep members at home or other community settings. SeniorMetrix’s tools support evidence-based care protocols and reduce inefficient practice variation among care providers. The Company’s clients include leading Medicare Advantage plans and managed Medicaid plans. About NaviHealthTM NaviHealth was created by two of the healthcare industry’s leading companies and one of its most active investment groups, whose collective expertise is behind the development of a new set of tools, products and resources that will transform post-acute care in America. The founding partners – Select Medical, Universal American and private equity firm Welsh, Carson, Anderson & Stowe – have developed a more effective way to deliver post-acute care so that patients experience better outcomes at lower costs, while more efficiently utilizing the resources of payers, health systems and providers. About Brentwood Capital Advisors LLC Brentwood Capital Advisors LLC, founded in 1999, is a privately held investment bank headquartered in Nashville, Tennessee, providing mergers and acquisitions and capital-raising advisory services to middle-market companies in the healthcare, information technology, financial services and business services sectors. Since 2002, BCA has served as exclusive financial advisor in 47 transactions representing more than $3.0 billion of value. About Welsh, Carson, Anderson & Stowe Welsh, Carson, Anderson & Stowe is one of the largest and most successful private equity investment firms in the United States. Since its founding in 1979, the Firm has organized 15 limited partnerships with total capital of $20 billion. Welsh, Carson, Anderson & Stowe focuses its investment activity in two target industries: information/business services and healthcare. The Firm is currently investing an equity fund, Welsh, Carson, Anderson & Stowe XI, L.P., and a dedicated subordinated debt fund, WCAS Capital Partners IV, L.P.

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