July 11, 2018
CHICAGO, July 11, 2018 /PRNewswire/ — Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, announced today that it has completed the sale of Premise Health to OMERS Private Equity. Headquartered in Brentwood, Tenn., Premise Health is the nation’s leading direct health care access company.
Water Street partnered with Walgreen Co. in 2014 to invest in its onsite health care business subsidiary, Take Care Employer Solutions. The firm simultaneously merged the business with CHS Health Services and transitioned it to a standalone company, Premise Health. Over the next four years, Water Street facilitated three more strategic acquisitions and invested in a state-of-the-art technology platform to extend Premise Health’s onsite model to near-site health centers and virtual health.