Blue Wolf Capital Partners, LLC (Blue Wolf Capital) and Peloton Equity, LLC (Peloton Equity) have entered into a partnership to create ClearSky Health (ClearSky) based in Austin, Texas. ClearSky will develop and acquire inpatient rehabilitation facilities and related post-acute care services organizations.
ClearSky is designed to respond to the growth in service needs for consumers leaving acute care facilities and returning home. ClearSky will do this through the establishment of integrated delivery and rehabilitation services (IRF). The need is growing as the population ages and the health care delivery system prioritizes positive consumer outcomes and value based services. Though the IRF market is small compared to the skilled nursing market, ClearSky believes consumers who need services following a stroke, brain injury, or spinal cord injury are well suited to care in an IRF.
At the same time of the partnership formation, ClearSky acquired four Texas and Louisiana-based inpatient rehabilitation facilities and related real estate from Maxim Management Group, LLC. A transaction already in process, and marking ClearSky’s first acquisition. Blue Wolf Capital and Peloton Equity are both private equity firms.
This was reported by Yahoo Finance on April 29, 2019
Contact Information: Clear Sky Medical, Panorama Falls, 9085 E. Mineral Circle, Suite 260, Centennial, Colorado 80112; 1-303-790-7860; Website: www.clearskyhealth.com