Varsity Healthcare Partners, a healthcare services-focused private equity firm, has appointed Dr. Ronald D. Geraty as an operating partner. He is a former CEO for a number of private equity-owned healthcare services companies that include Alere.
NEW YORK–(BUSINESS WIRE)–Varsity Healthcare Partners (“VHP”), a healthcare services-focused private equity firm, announced today that Ronald D. Geraty, MD has joined the firm as an Operating Partner. Dr. Geraty will work with VHP’s investment team to oversee platform investments in the healthcare services and HCIT industries.
Dr. Geraty is a seasoned entrepreneur and executive with over 30 years of experience in various healthcare services sectors. He has served as CEO for numerous private-equity owned healthcare services companies including Alere, where he led the transformation and rapid growth of the company from a $1.2 million medical device manufacturer into a $500 million market leading comprehensive care management company. Dr. Geraty has also run companies in the disease management, specialty benefit management, physician practice management, behavioral and HCIT sectors.
Kenton Rosenberry and David Alpern said, “We have known Ron for many years in many capacities and are extremely excited for him to join VHP. His strategic and operational insights will greatly accelerate the growth and value creation of VHP’s portfolio companies.”
“VHP has established a strong reputation for identifying attractive areas in healthcare and building industry leading platforms,” said Geraty. “I look forward to helping evaluate new healthcare platform opportunities and assisting entrepreneurs and management teams achieve rapid growth.”
About Varsity Healthcare Partners
Varsity Healthcare Partners (VHP) is a lower middle-market private equity investment firm focused on partnering with founders, entrepreneurs and management teams to build leading healthcare services companies. VHP has been successful in developing and executing a tailored value-creation plan, in partnership with the leadership of each company, that typically emphasizes an appropriate investment in infrastructure followed by an aggressive organic and acquisition growth strategy. VHP draws upon its extensive healthcare industry experience and relationships, as well as its hands-on partnership approach to effectively drive growth and maximize value. For more information please visit: www.varsityhealthcarepartners.com.