IBS Investment Bank today announced it has been engaged by Premier Healthcare Network, LLC. as its exclusive institutional advisor in second round financing.
Online PR News – 29-June-2017 – Fort Lauderdale, Florida – Fort Lauderdale-based private equity firm IBS Investment Bank a division of Institutional Banking Services, N.A. CORP (IBS, N.A.) today announced it has been engaged by Premier Healthcare Network, LLC. (Premier) as its exclusive institutional advisor in extending second round capital formation needs. . Premier will utilize the anticipated capital infusion to recruit additional physicians into its group.
The announcement comes in progression of IBS, N.A.’s start-up investment into Premier back in March 2015. IBS, N.A. senior executive, Jason Jackson is expected to lead his firm’s initiatives with Premier. “We are pleased to announce that The Premier Healthcare Network, LLC has retained IBS Investment Bank as our exclusive investment advisor to assist us in engaging the right partners for the continued growth and success of our ACO. Our next capital infusion will provide clinical integration, coordinated practice management support and new earnings opportunities for its member medical practices” said Laverne Poindexter, Premier Founder and Chief Executive Officer.
IBS, N.A. has been noted as a leader in debt and equity investments throughout the corporate finance and real estate sectors since 2011. In step with its healthcare investment initiative, just two months prior to this announcement, the firm acquired equity interest in South Florida orthopedic manufacturer The Progressive Orthopedic Company (Progressive). IBS, N.A. is expected to leverage its relationship with Progressive to add value for orthopedic surgeons considering aligning with Premier. “We take pride in offering our institutional investors access to a curated selection of private placement opportunities such as this. Our continued partnership with Mrs. Poindexter and her team delivers Premier an unmatched advantage in accessing financial markets to ensure the appropriate growth capital to meet demand” IBS, N.A. Chairman and Chief Investment Officer Jason Jackson told reporters.
About IBS Investment Bank
IBS Investment Bank a division of Institutional Banking Services, North America CORP (IBS, NA®) is a privately held institutional banking firm dedicated to providing investment management and advisory, corporate finance, real estate finance, acquisition and management, and human capital services to its institutional clients. For more information visit www.myinstitutionalbanking.com or www.ibsinvestmentbank.com or www.IBSREICO.com
About Premier Healthcare Network, LLC
The Premier Health Care Network, LLC The Premier Health Care Network, LLC was an Independent Practice Association (IPA) founded in 1994 in Atlanta, GA which was selected by the Centers for Medicare and Medicaid Services (CMS) to participate in the Medicare Shared Savings Program (Shared Savings Program) as an Accountable Care Organization (ACO). Premier is committed to the Mission of working in partnership and cooperation with medical service providers to ensure that high quality medical and healthcare services are available to the local community and state http://www.premierhealthcareaco.com