American Physician Partners has acquired Align MD and Elite Emergency Services, forming a new health care management and staffing venture.
The Brentwood-based company serves 23 hospitals in six states, providing clinical, administrative and operational support to emergency department and hospitalist programs. Founder and CEO John Rutledge previously was a co-founder and president of RegionalCare Hospital Partners. Also leading the company are fellow RegionalCare veteran Tom Pemberton, who is COO, and Emdeon alum Bob Newport, who is CFO.
“We understand the challenges hospital CEOs are facing,” said Rutledge, who is pictured here. “Combine that business experience with the medical expertise of our new partners from Align MD and Elite Emergency Services, and you have a joining together of clinical and management perspectives that we believe is truly unique for this sector of the health care industry.”
Terms of the acquisitions of Clarksville-based Align and Lexington, Tennessee-based Elite Emergency Services were not disclosed, though American Physician Partners recently raised $25 million in acquisition and growth financing from Goldman Sachs Specialty Lending Group. Brentwood Capital Advisers acted as financial advisor.