Council Capital said Oct. 26 that it invested in The Center for Neurological and Neurodevelopmental Health and The Clinical Research Center of New Jersey (collectively, “CNNH”). Financial terms weren’t announced. CNNH, of Voorhees, New Jersey, provides neurology-led medical assessment, testing, and treatment for children and adolescents with neurological, developmental, learning, and neuropsychological issues.
Nashville, TN, October 26, 2018 – Council Capital, a healthcare-focused private equity firm based in Nashville, announced today that it has invested in The Center for Neurological and Neurodevelopmental Health and The Clinical Research Center of New Jersey (collectively, “CNNH”). Terms of the transaction were not disclosed.
Headquartered in Voorhees, New Jersey, CNNH provides neurology-led medical assessment, testing, and treatment for children and adolescents with neurological, developmental, learning, and neuropsychological issues. CNNH is focused on providing innovative and coordinated care for patients and families including a comprehensive array of assessment, treatment, and support services in office, school, home, and community environments. CNNH’s interdisciplinary team of experts works individually and collectively to address each patient’s and family’s unique concerns. In addition, through the Clinical Research Center of New Jersey, CNNH provides access to clinical research for infants, children, adolescents and adults with neurodevelopmental disabilities, neurobehavioral and neuropsychiatric disorders, brain injury and other neurological problems. This integration allows for patients to continually have access to the most cutting-edge therapies and treatments.
Eric Keen, General Partner at Council Capital, commented, “CNNH has an innovative and effective Specialty Care Medical HomeÓ model to offer comprehensive care and support services for children and adolescents with neurological, neurobehavioral, learning and/or developmental issues. In addition to supporting CNNH’s current operations, we are focused on expanding this comprehensive care strategy to a wider array of patient populations and locations. We look forward to supporting the CNNH team in their current mission while also working to further develop and build the organization to support further growth.”
Dr. Mark Mintz, Chief Medical Officer and Founder of CNNH, said, “We have developed an unparalleled and innovative health care delivery system for neurologically impacted populations that is value-based and cost-effective, resulting in exceptional patient outcomes. Our unique approach that focuses not just on symptoms, but an understanding of biological causes and contributions to difficult and complex neurological disorders, can help patients and families put an end to long and frustrating journeys seeking answers and finding solutions. We decided to partner with Council Capital for our next stage of growth because of their success in working with fast growing healthcare companies and the resources and relations they can bring to achieve our long-term goals and expand clinical services to patients and families.”
About Council Capital
Council Capital is healthcare-focused private equity firm based in Nashville, Tennessee. Council Capital leverages its unique CEO Council model to attract and support leading management teams and portfolio companies on the ‘right side’ of change in the healthcare industry – where growth will accelerate as cost pressure and quality demands increase. Council Capital targets control and minority investments with enterprise values between $10 million and $50 million. For more details, visit www.councilcapital.com.
CNNH was created in 2005 by Dr. Mark Mintz, a pediatric neurologist, in response to what he saw as gaps in neurohealth care. CNNH is an innovative and integrative neurohealth organization, providing diagnostic and treatment services for children, adolescents and adults with neurological, neuropsychological, behavioral, developmental and learning concerns. CNNH’s unique “Specialty Care Medical Home®” model brings together a team of experts from all aspects of neurohealth, working collaboratively “all under one roof” to provide the most comprehensive care for each individual. Utilizing the latest in advanced neurotechnology, the CNNH model of care yields accurate diagnoses and personalized treatment plans. To learn more about CNNH and to request an appointment, visit www.CNNH.org.