WAYNE, PENNSYLVANIA – June 1, 2016 : Falcon Capital Partners, LLC, a leading middle-market investment bank, announced today the successful sale of ECI Healthcare Partners, Inc. (ECI) to Schumacher Clinical Partners (SCP), a portfolio company of Canadian private equity firm Onex.
These two emergency and hospital medicine management companies will combine their networks to allow for an expansion of resources, a further growth of service offerings, and the utilization of industry leading best practices. In total, the combined SCP and ECI organization will become one of the largest health service networks in the U.S., resulting in an active presence across the country with a combined 450 programs, caring for over 8 million patients a year.
ECI Healthcare Partners was founded in 1972 by Dr. James M. Johnson and Dr. Robert M. Williams, two of the original emergency physicians in the country. Over the years, ECI has efficiently managed the care of over 27 million patients and developed into a nationwide network of professional services that reach well beyond emergency departments. Today the company offers a wide variety of healthcare solutions, including value-based medicine, physician practice and revenue cycle management, and quality, education, and risk management services to emergency physicians, hospitalist physicians, urgent cares, outpatient physician practices, and telemedicine programs in all 50 states.
The terms of the transaction were not disclosed.
The Falcon deal team was led by Managing Director Ted Stack and Vice President Rob Jennings. For more information please contact Ted Stack, Managing Director at 610-989-8901 or Rob Jennings, Vice President at 610-989-8906.