Friday, May 09, 2008

Nashville Healthcare M&A

Former U.S. Senate Majority Leader Bill Frist, M.D., has recently urged President Bush and others to leverage U.S. healthcare and medical know-how to create "a legacy in which medicine and health diplomacy serve as a currency for peace." Frist, who remains the driving force behind VOLPAC, has gained renown over the years for his humanitarian missions. Closer to home, on May 21 here in Nashville the 55-year-old Frist, who is now a partner in the Chicago-based private-investment firm Cressey & Company, will moderate the Nashville Health Care Council's panel discussion on financing healthcare deals. Panelists include Charles Ditkoff, Managing Director, Head of Healthcare Services, Banc of America Securities; Robbert Vorhoff, Vice President, General Atlantic LLC; Allen Moseley, Partner, Noro-Moseley Partners; and, Maureen Spivack, Managing Director, UBS Financial Services, Inc. NHCC's success with M&A-oriented events means more of that ilk: On Aug. 20, NHCC will co-host with Nashville Capital Network a conference titled "Investing in Healthcare: Early and Growth Perspectives." Panelists will discuss sectors of greatest interest and criteria for investing, as well as "how entrepreneurs can best position their companies for growth." P.S. -- On May 22, the fledgling Angel Capital Group is scheduled to hold a meeting at Belmont University titled, "Where Money Meets Imagination." The group's website says the event is "for anyone in the greater Nashville area interested in Angel investing."

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