Recent News

  • January, 2012

    HealthPRO Rehabilitation has acquired Luby & Associates of Dallas, Texas, a quality provider of MDS and Nursing consulting services.  "Luby & Associates' outstanding reputation and depth of MDS knowledge will be a meaningful complement to HealthPRO's operations, currently serving more than 26,000 post-acute beds in sixteen states," says John Heller, HealthPRO's Chief Executive Officer.  Click below for the complete update.

  • December, 2011

    HealthPRO Rehabilitation has acquired The Comprehensive Group of Glenview, IL, a provider of quality rehabilitation therapy services, staffing and consultation.  HealthPRO Rehabilitation, an industry-leading post-acute therapy provider with an exceptional track record of growth and innovation, will continue its expansion efforts with the support of Sandye Lerner, The Comprehensive Group's founder and CEO, who will stay on in a business development role.  Click below for the complete update.

  • April, 2011

    Officials at EDG Partners, LLC ("EDG"), a private equity firm focused on the healthcare Industry, announced today the acquisition of First Call Ambulance Services, Inc. ("First Call"), a Nashville, TN-based leading regional provider of non-emergency medical transportation services.  First Call operates a fleet of ambulances providing Basic Life Support (BLS), Advanced Life Support (ALS) and specialty care transport services. Click below for the complete update.

  • December, 2010

    HealthPRO Rehabilitation, a leading rehab management company, has completed the acquisition of Therapy Partners, an Ohio based therapy provider to regional and national long term care organizations.  The acquisition strengthens HealthPRO's foothold in the midwest and supports the company's continued expansion in the region.  In addition, HealthPRO benefits from Therapy Partners' strong leadership team with extensive and proven experience addressing unique needs and challenges of skilled nursing facilities.  Click below for the complete update.

  • September, 2010

    Gemino Healthcare Finance, LLC received an upgraded rating by DBRS today from "BBB" to single "A".  The rating change was based upon the historical performance of the underlying collateral pools and the stuctural integrity of the transactions.

     

    Gemino Healthcare Receives Rating Upgrade

  • May, 2010

    Dear Friends;

    Health Reform creates a significant broadening of government's role in the healthcare economy through the medium term provisions of coverage to a significant portion of the uninsured and underinsured - over 32 million by CBO estimates. From our persepctive the impacts of health reform will be felt through the positive demand impact of increased coverage balanced against margin compression to, in part, pay for the increased coverage. At a fundamental level, we are confident that our key investment themes will endure and thrive. Click below for the complete update.

  • July, 2009

    Dear Friends;

    As we've all seen, the broad market and economic changes due to the early innings of the great credit bubble unwinding have dominated the headlines and the market for the latter part of 2008 and the first half of 2009.  At EDG, as we looked back on that same period, we are pleased with the stability and progress of our portfolio companies and signs that the market is becoming more attractive for the EDG model of building strong small and middle market businesses in the healthcare industry. Click below for the complete update.

  • June, 2009

    ROCK HILL, SC -- Hospice is a word that most people don’t like to hear because for years, it’s been associated with rows of beds where loved ones would spend their last days, but the staff at Regency Hospice in Rock Hill says Hospice services aren’t just for the terminally ill. Hospices provide services for the families of loved ones, so they can cope with stressful times. (Click the link below to see complete story)

    http://www.cn2.com/video.php?media_id=000373

  • April, 2009
    GE Capital Provides $25 Million Credit Facility to Regency Healthcare Group

    BETHESDA, Md.--03 April 2009-- GE Capital’s Healthcare Financial Services business today announced it has provided a $25 million senior secured credit facility to Regency Healthcare Group based in Brentwood, TN. The company will use the loan to refinance existing debt and for growth capital. Regency is a portfolio company of EDG Partners, LLC. GE Capital Markets, Inc. arranged the transaction.(click the link below for the complete story)

    http://www.genewscenter.com/Content/Detail.asp?ReleaseID=6479&NewsAreaID=2&MenuSearchCategoryID

  • March, 2009

    Gemino Healthcare Finance Funds Two Transactions

    Gemino Healthcare Finance continues to expand its portfolio and has
    recently provided $11 million in senior secured credit facilities to
    Brotman Medical Center and, a home infusion and specialty
    pharmaceutical company.

    Brotman Medical Center, founded in 1924, is a 420-bed hospital
    located in Culver City, California. The hospital offers a wide range of
    inpatient and outpatient acute care services as well as rehabilitation,
    psychiatric care and chemical dependency services.