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RegionalCare Hospital Partners Stage: Venture Year of Investment: 2009 Web Site : http://www.regionalcare.net
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RegionalCare Hospital Partners, headquartered in Brentwood, Tennessee, invests in and operates hospitals in non-urban markets. Its mission is to partner with hospitals that serve a broad, regional population and help them meet the healthcare needs of their communities. RegionalCare was formed in 2009 by Warburg Pincus and senior healthcare executives Martin S. Rash and John M. Rutledge. Mr. Rash is the former Chairman and Chief Executive Officer of Province Healthcare Company, which was acquired by LifePoint Hospitals, Inc. in 2005. Mr. Rutledge is the former President and Chief Operating Officer of Province Healthcare Company. The two hospital veterans have experience operating and managing more than 300 hospitals in 25 states. In 2010, Warburg Pincus helped RegionalCare acquire Ottumwa Regional Health Center in Ottumwa, Iowa; Coffee Health Group in Florence, Alabama; and Clinton Memorial Hospital in Wilmington, Ohio.
