New York, New
York – April 19, 2017 – Deerfield Management announced its plan to acquire
Adeptus Health with a long-term commitment to the delivery of high quality,
efficient emergency care. Deerfield
is a 23 year-old firm focused on advancing healthcare through investment,
information, and philanthropy. With over
$8 billion in assets, and industry leading investment, operations, and market
research teams, Deerfield brings to Adeptus highly relevant expertise in
addition to expansion capital.
“Adeptus is uniquely positioned to change the healthcare services
delivery paradigm by providing access to emergency care in settings that are
both efficient and of the highest quality, “ stated Jim Flynn, Managing Partner
of Deerfield Management. “This is of increasing importance as healthcare
systems evolve to meet the demands of patients.
Our goal is to be the best provider we can be on behalf of our hospital venture
partners and the communities we serve.”
“We are excited about partnering with Deerfield to help us continue
caring for our patients and improving our business. Deerfield brings a
flexible combination of expertise, capital and a passion for quality healthcare
that offers the potential to fundamentally elevate our business,” stated Gregory
W. Scott, Chairman & Interim Chief Executive Officer of Adeptus
Adeptus has been and will remain the first line of defense for emergency
healthcare, with high quality outcomes and convenient access for all the
families, neighbors, and employees in its communities. Adeptus will strive to serve its many
constituencies by delivering an excellent patient experience, fostering a
well-supported work environment and engaging collaboratively with its hospital
partners to improve local healthcare communities. The
facilities are innovative, freestanding, and fully-equipped emergency rooms
with state of the art diagnostic technology (CT Scanners, Ultrasound, and
Digital X-ray) and on-site labs. Furthermore, each facility is staffed with
board-certified physicians and emergency trained registered nurses.
The consummation of Deerfield’s acquisition of
Adeptus is subject to customary conditions, including bankruptcy court approval
of Adeptus Health’s plan of reorganization.
Adeptus Health (NYSE:ADPT) is a leading
patient-centered healthcare organization expanding access to the highest
quality emergency medical care through its network of freestanding emergency
rooms and partnerships with premier healthcare providers. For more information, please visit www.adpt.com.
an investment management firm committed to advancing healthcare through
investment, information and philanthropy.
information, please visit www.deerfield.com
Karen Heidelberger, 212-692-7140