Jan 9, 2015

Frist Capital backs newly launched orthotic and prosthetic investment group Jan 9, 2015, 2:07pm CST Send this to a friend Thank you for sharing. Your email has been sent. Email address of friend (insert comma between multiple addresses): Your email address: Email  |  Twitter Bulow Holdings has formed a new group to invest in orthotic and prosthetic practices, according to a news release. Bulow Clinic Partners Group's backers, which include Frist Capital, have committed up to $100 million of capital "to build a national partnership of practices that are the 'go‐to' place for patients and clinicians," the release says. The following are excerpts from today's release: BCP Group traces its roots back to 2006 when Matt Bulow , CP, amputee and Paralympic athlete, founded Bulow Orthotic & Prosthetic Solutions. Matt, who is BCP Group's CEO and Founding Partner, commented, "Supporting great patient care will always be the focus of BCP Group and what is most important to me. In communicating with other independent clinician owners, I found we faced a common set of challenges, including increasing complexity, limited time and resources, and few options for growth and/or diversification. We created BCP Group to support clinician‐owners in addressing these challenges so they are able to focus on their individual strengths, whether that be patient care, growing referral sources, and/or expanding their markets. " Frist Capital, LLC is a private investment firm based in Nashville, TN, which was formed in 1994 to manage the assets of members of the founding family of HCA, the nation's largest for‐profit hospital company. Rawls Butler , Principal of Frist Capital and BCP Group's Chairman, commented, "We were initially attracted to the company in 2008 by Matt Bulow 's story as a person and a prosthetist. As we've seen the operating environment become more challenging for O&P practices, we believe that many high‐quality clinicians can benefit from aligning with a well‐capitalized partner who understands the industry and the vital role clinicians play in it. To that end, we support the launch of BCP Group and believe that there is an opportunity to build a national partnership to serve patients and clinicians in this unique and evolving field of healthcare. " Page 1