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Portfolio > Alternative Investments > Private Equity

Private Healthcare To Buy Regional Network Firm

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NU Online News Service, July 21, 2004, 12:15 p.m. EDT

Private Healthcare Systems Inc., Waltham, Mass., has agreed to acquire American LIFECARE, New Orleans.[@@]

American LIFECARE manages provider networks in Alabama, Arkansas, Louisiana, Mississippi and Tennessee that include about 17,000 doctors and 400 hospitals.

Private Healthcare, a company that manages provider networks that represent 425,000 doctors and 3,700 hospitals and clinics, plans to market its new New Orleans unit as “American LIFECARE, a division of Private Healthcare Systems.”


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