PE-backed ICP appoints Rackow to board

Integrated Care Physicians Inc, a portfolio company of BelHealth Investment Partners LLC, has named Dr. Eric Rackow to its board of directors. Previously, Rackow was president and CEO of Humana at Home. ICP is a provider of emergency medicine and acute care management.

PRESS RELEASE

New York, New York – June 29, 2018 – Integrated Care Physicians, Inc. (“ICP” or the “Company”), a portfolio company of BelHealth Investment Partners, LLC (“BelHealth”), a New York-based healthcare private equity firm, today announced the appointment of Dr. Eric Rackow to the Company’s Board of Directors.

Dr. Eric Rackow was most recently President and CEO of Humana at Home (formerly SeniorBridge), Humana’s home healthcare division, which has a national network of more than 10,000 care managers. Dr. Rackow joined the company in 2007 and ushered the business through several years of private equity ownership before its eventual sale to Humana in 2012. He has nearly 45 years of healthcare experience both in management and as a practicing critical care physician. Prior to his time at SeniorBidge, Dr. Rackow was President of NYU Medical Center and Chairman of the Department of Medicine at St. Vincent’s Hospital in New York. Dr. Rackow also serves on the Board of Directors of Care Advantage, another BelHealth portfolio company that operates as a leading provider of home health services in the midAtlantic.

Dr. Todd Carlson, CEO of ICP, stated, “We are elated to add Dr. Rackow to the ICP family as a member of the Board of Directors. He has significant experience working in hospitals on both the clinical and administrative side. Given his background as a critical care physician, Dr. Rackow will be especially valuable as we continue to explore new service lines outside of emergency and hospital medicine.”

Dr. Eric Rackow, a member of the ICP Board of Directors, said, “I am thrilled to continue to deepen my relationship with BelHealth. I am a believer in BeHealth’s middle-market and healthcare-only approach to their sponsorship model. I am ready to get to work with Todd and the rest of the ICP team in order to execute on the growth strategy. As such, I look forward to leveraging my previous operational experience in the hospital, as well as my professional network to grow the business while staying supremely focused on superior patient care.”

About Integrated Care Physicians
Established in conjunction with BelHealth in August 2017, Integrated Care Physicians is a leading provider of Emergency Medicine and Acute Care management formed with the intent to provide clients with personal and customized service that is sorely lacking in today’s marketplace. ICP provides expertise in operations and clinical integration for Emergency Medicine, Hospitalist and Critical Care. ICP has reprioritized the service offering with customized solutions tailored to the needs of each facility, including recruitment, credentialing and process flow redesign. The executive leadership team at Integrated Care Physicians set out to change the dynamic between hospitals and the groups with whom they choose to partner through complete transparency and the ability to quickly react and adapt to our client’s needs and culture.

About BelHealth Investment Partners
BelHealth Investment Partners, based in New York, is a healthcare private equity firm focused on lower middle market companies. BelHealth has a unique combination of investing, executive management and entrepreneurial experience. BelHealth acquires majority positions in entrepreneur-owned companies that it believes would benefit from its extensive operating and private equity investment expertise. The firm invests across three core healthcare segments: Services, Products and Distribution. BelHealth is investing from its current $350 million fund.