Welsh, Carson, Anderson & Stowe

WCAS Named to Inc.'s 2023 List of Founder-Friendly Investors

Retrieved on: 
Wednesday, November 8, 2023
History, Advantage Business Media, Welsh, Carson, Anderson & Stowe, Growth, WCAS, Record, Cryptocurrency

"We are proud to be named as an Inc. 2023 Top Founder-Friendly Investor," said WCAS Managing Partner D. Scott Mackesy.

Key Points: 
  • "We are proud to be named as an Inc. 2023 Top Founder-Friendly Investor," said WCAS Managing Partner D. Scott Mackesy.
  • To see the full Founder-Friendly Investors list and learn more about the selection criteria and methodology, please visit Inc.'s website: https://www.inc.com/founder-friendly-investors/2023
    This list is the opinion of the party conferring the list and not of WCAS.
  • Inc. Business Media issued the Founder-Friendly Investors of 2023 on October 31, 2023.
  • WCAS paid an application fee and fees to promote the list.

Megan Callahan Joins Welsh, Carson, Anderson & Stowe as an HCIT Operating Partner

Retrieved on: 
Wednesday, November 1, 2023
WCAS, MPH, Public health, SVP, General partnership, Kinetik, Welsh, Carson, Anderson & Stowe, Health informatics, Growth, Transport, UCLA, Patient, Management

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the healthcare and technology industries, announced today that Megan Callahan has joined the Firm as an Operating Partner focused on Healthcare Information Technology (HCIT).

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the healthcare and technology industries, announced today that Megan Callahan has joined the Firm as an Operating Partner focused on Healthcare Information Technology (HCIT).
  • Ms. Callahan is an accomplished executive with 25 years of experience leading and growing HCIT companies.
  • Before joining WCAS, Ms. Callahan served as the Chief Operating Officer of Twill, overseeing all commercial, clinical, and people functions.
  • Megan's deep experience and proven leadership building next generation HCIT companies makes her a perfect fit for her role at WCAS."

Jim Hinton, Former CEO of Baylor Scott & White Health, Joins Kontakt.io's Healthcare Advisory Board

Retrieved on: 
Wednesday, October 18, 2023
Presbyterian Healthcare Services, WCAS, Patient, Baylor Scott & White Health, Public policy, Ethics, Welsh, Carson, Anderson & Stowe, Trustee, Caregiver, Hospital, Nursing, Patient safety, American Hospital Association

NEW YORK, Oct. 18, 2023 /PRNewswire-PRWeb/ -- Kontakt.io, the leader in Inpatient Journey Analytics, welcomes Jim Hinton, Operating Partner of Welsh, Carson, Anderson & Stowe (WCAS), to its Healthcare Advisory Board. With over 38 years of leadership experience in the healthcare industry, Mr. Hinton's appointment represents a milestone for Kontakt.io's aim to put patients and their caregivers at the center of technology and process improvements.

Key Points: 
  • NEW YORK, Oct. 18, 2023 /PRNewswire-PRWeb/ -- Kontakt.io, the leader in Inpatient Journey Analytics, welcomes Jim Hinton, Operating Partner of Welsh, Carson, Anderson & Stowe (WCAS), to its Healthcare Advisory Board.
  • "The opportunity to advise Kontakt.io was an amazing fit for my professional mission to make healthcare better," said Jim Hinton.
  • Hinton's impressive career spans more than three decades, with a notable 21-year term as the President and CEO of Presbyterian Healthcare Services, New Mexico's largest healthcare provider, before joining Baylor Scott & White Health.
  • "Jim Hinton's remarkable vision about healthcare is a tremendous asset for Kontakt.io," commented Philipp von Gilsa, CEO of Kontakt.io.

Philip K. Weber Joins Sonrava Health as Vice President of Talent Acquisition

Retrieved on: 
Monday, October 2, 2023
General Health, Other Health, Health, Dental, Practice Management, AMN, Operation, California State University, Fullerton, Health administration, University of Texas at Austin, Welsh, Carson, Anderson & Stowe, Anesthesia, Acquisition, Talent, Acqui-hiring, University, American College, Management

Philip K. Weber has joined Sonrava Health as Vice President of Talent Acquisition effective October 2.

Key Points: 
  • Philip K. Weber has joined Sonrava Health as Vice President of Talent Acquisition effective October 2.
  • Mr. Weber comes to Sonrava Health with more than a decade of experience leading talent acquisition teams.
  • “We welcome Philip to the Sonrava Health team,” said Daniel D. Crowley, Chairman and Chief Executive Officer of Sonrava Health.
  • “His healthcare talent acquisition leadership experience will support our organizational capabilities as we continue to grow.”
    “I’m pleased to be part of the Sonrava Health team and look forward to recruiting exceptional talent to support the oral health mission of this dynamic organization,” said Mr. Weber.

FTC Challenges Private Equity Firm’s Scheme to Suppress Competition in Anesthesiology Practices Across Texas

Retrieved on: 
Wednesday, September 27, 2023
Commission, Welsh, Carson, Anderson & Stowe, Anesthesia, Federal Trade Commission Act of 1914, Blog, Social media, Federal Trade Commission, Competition, Clayton Antitrust Act of 1914, District court, Hospital, Patient, FTC, Recurrence, Douglas v. U.S. District Court ex rel Talk America, News, Anesthesiology, USAP, Public utility, Ridesharing
Key Points: 

FTC Challenges Private Equity Firm’s Scheme to Suppress Competition in Anesthesiology Practices Across Texas

Retrieved on: 
Wednesday, September 27, 2023
Commission, Welsh, Carson, Anderson & Stowe, Anesthesia, Federal Trade Commission Act of 1914, Blog, Social media, Federal Trade Commission, Competition, Clayton Antitrust Act of 1914, District court, Hospital, Patient, FTC, Recurrence, Douglas v. U.S. District Court ex rel Talk America, News, Anesthesiology, USAP, Public utility, Ridesharing

First, they executed a roll-up scheme, systematically buying up nearly every large anesthesia practice in Texas to create a single dominant provider with the power to demand higher prices.

Key Points: 
  • First, they executed a roll-up scheme, systematically buying up nearly every large anesthesia practice in Texas to create a single dominant provider with the power to demand higher prices.
  • Second, USAP and Welsh Carson further drove up anesthesia prices through price-setting agreements with remaining independent practices.
  • “Private equity firm Welsh Carson spearheaded a roll-up strategy and created USAP to buy out nearly every large anesthesiology practice in Texas.
  • Since its creation, USAP has acquired more than a dozen anesthesiology practices in Texas.
  • The FTC alleges that USAP and Welsh Carson’s conduct amounts to unlawful monopolization, unlawful acquisitions, a conspiracy to monopolize, unfair methods of competition, and unlawful restraints of trade.
  • Such conduct violates the FTC Act and the Clayton Act.
  • The FTC is seeking equitable relief necessary to remedy the impact of USAP and Welsh Carson’s anticompetitive conduct and to prevent the recurrence of such conduct.

U.S. Anesthesia Partners Refutes Federal Trade Commission’s Misguided Allegations

Retrieved on: 
Thursday, September 21, 2023
Public Policy, Government, State, Local, Medical Supplies, Surgery, General Health, Health, Medical Devices, Other Health, Federal Trade Commission, Anesthesia, Welsh, Carson, Anderson & Stowe, Environment, Patient, FTC, Protocol, USAP, Anesthesiology, Nursing

U.S. Anesthesia Partners (“USAP”), a leading provider of high-quality anesthesia care, refutes the civil enforcement action filed today by the Federal Trade Commission (“FTC”).

Key Points: 
  • U.S. Anesthesia Partners (“USAP”), a leading provider of high-quality anesthesia care, refutes the civil enforcement action filed today by the Federal Trade Commission (“FTC”).
  • USAP will vigorously defend itself against the FTC’s misguided allegations.
  • In actuality, no anesthesia practice has “power” over health plans – many of which dwarf USAP and any physician group in size, revenue, and profits.
  • While we fight the FTC’s overreach and misguided allegations, we will remain true to our mission of providing high-quality anesthesia care in the communities we proudly serve.”

InnovAge Strengthens Board with Appointment of New Independent Director

Retrieved on: 
Monday, August 14, 2023
Executive, Welsh, Carson, Anderson & Stowe, Sparks, Symbion, Brookdale Senior Living, ATI Physical Therapy, PACE, Harrow Health, Nursing, Management, Envision

Sparks joins InnovAge’s Board as Sean Traynor of Welsh, Carson, Anderson & Stowe steps down.

Key Points: 
  • Sparks joins InnovAge’s Board as Sean Traynor of Welsh, Carson, Anderson & Stowe steps down.
  • The InnovAge team and Board thank Mr. Traynor for his service.
  • “We are thrilled to have her on our team.”
    “We are excited to welcome Teresa to the InnovAge Board,” said Patrick Blair, President and CEO.
  • She also serves as a board member and advisor to privately held, innovative healthcare companies; including Valtruis with a focus on advancing value-based care.

K-12 Solutions Provider LINQ Announces Strategic Hires to Senior Leadership Team

Retrieved on: 
Tuesday, August 15, 2023
Primary, Secondary, Payments, Education, Data Management, Technology, Software, Insurance, Software as a service, Welsh, Carson, Anderson & Stowe, WCAS, Face, Parent, ERP, Open educational resources, Welsh, Organization, K-12, School, Ferguson, CRM, Parchment, Health, Automation, Management, LINQ

LINQ, a K-12 education solutions provider, today announced the addition of four seasoned experts to its senior leadership team as it continues to evolve to serve K-12 school districts and state education agencies.

Key Points: 
  • LINQ, a K-12 education solutions provider, today announced the addition of four seasoned experts to its senior leadership team as it continues to evolve to serve K-12 school districts and state education agencies.
  • Paul Brown joins LINQ with more than 20 years of experience as a top executive in customer service, operations management and sales.
  • He has worked with both domestic and international companies, including SaaS company Ease, which provides online management solutions for insurance brokers.
  • In this position, she is responsible for establishing streamlined onboarding processes, increasing user adoption and maximizing the use of LINQ solutions.

Colin Bower Joins VivoSense as Chief Executive Officer

Retrieved on: 
Wednesday, August 2, 2023
Software, Research, Professional Services, Technology, Medical Devices, Artificial Intelligence, Health Technology, Data Analytics, Clinical Trials, Science, Wearables, Mobile Technology, Health, Other Science, Welsh, Carson, Anderson & Stowe, University, Clinical trial, Multimedia, Hg, RWD, Bracket, Stowe, Business administration, Acquisition, Patient, Machine learning, Colin, McGill University, Genstar Capital, Master of Business Administration, BA, Safety, Management

VivoSense, Inc. (“VivoSense”) is thrilled to announce Colin Bower as our new Chief Executive Officer and a member of our Board of Directors.

Key Points: 
  • VivoSense, Inc. (“VivoSense”) is thrilled to announce Colin Bower as our new Chief Executive Officer and a member of our Board of Directors.
  • Tabakin will continue with VivoSense in his new capacity as Chief Product Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230802103411/en/
    Welcoming New VivoSense CEO Colin Bower (Photo: Business Wire)
    “I’m delighted to join the tremendously talented team at VivoSense,” said Colin Bower, CEO.
  • Colin has demonstrated strong leadership to his teams and customers alike.”
    “I am excited to welcome Colin to VivoSense,” Dudley Tabakin, Chief Product Officer, told us.