Fast Pace Health Completes Investment in First Aid Clinics

The partnership expands patient access to high-quality health care in underserved rural populations by Kentucky and Indiana

FRANKLIN, Tenn., July 20, 2022 /PRNewswire/ — Fast Pace Health (“Fast Pace”), a provider of outpatient healthcare services to rural communities, today announced that it has partnered with First Care Clinics (“First Care”) to expand its clinical footprint and increase access to care for underserved rural populations. The combination results in a multi-specialty provider of value-based rural health care and population health management services through a network of more than 200 clinics serving more than three million annual patient visits. patients in the states of Tennessee, Kentucky, Louisiana, Mississippi, Indianaand Alabama. Fast Pace is a portfolio company of Revelstoke Capital Partners (“Revelstoke”), a private equity firm focused on investing in and growing healthcare services companies.

“We are thrilled to partner with First Care to increase access to affordable, high-quality health care in our rural communities,” said Greg Steil, President and CEO of Fast Pace. “First Care’s focus on its patients in a home environment fits perfectly with Fast Pace’s culture. We are excited to expand services in our communities and work to solve America’s rural health problem. thanks to our multi-specialty services and our innovative care coordination model.”

Fast Pace has a proven track record of reducing preventable emergency room admissions in its communities and has entered into multiple care and values ​​coordination agreements with its paying partners, leading to a more comprehensive and results-based approach to the health care delivery. At the same time, Fast Pace continues to expand its services, which include behavioral health, dermatology, orthopedics, primary care, physiotherapy, telehealth and emergency care.

First Care clinics will be rebranded as Fast Pace in the coming months and the leadership teams will work together to continue their collective mission of growing and improving access to healthcare for patients while maintaining employee excellence. .

“We look forward to working together to further our mission of providing affordable, compassionate patient care in underserved rural communities. I am thrilled that our wonderful employees can continue their very important work in an environment that maximizes their abilities while providing a quality care in a family atmosphere,” said Rob Pantojaco-founder and CEO of First Care.

Since Revelstoke’s initial investment in Fast Pace in August 2016, Fast Pace has grown its clinical footprint from 35 clinics in two states to more than 200 clinics in six states, increasing access to healthcare for millions of Vulnerable rural Americans.

“The rural community is an important and often forgotten population in our country’s health system,” said Simon Bachleda, co-founder and managing partner of Revelstoke. “Revelstoke and Fast Pace are committed to rapidly building a high-quality, low-cost healthcare network that comprehensively serves one of America’s most vulnerable populations.”

Brentwood Capital Advisors LLC served as financial advisor and Waller Lansden Dorch and Davis, LLP served as legal advisor to First Care. Paul Hastings LLP provided legal advice to Fast Pace.

About Revelstoke

Revelstoke (www.revelstokecapital.com) is a private equity firm formed by experienced investors focused on building leading companies in the healthcare and related business services sectors. Revelstoke partners with entrepreneurs and management teams to execute a disciplined strategy of organic growth and acquisition as it strives to build exceptional businesses. Revelstoke is based in Denver, Colorado and has approximately $4.8 billion in assets under management. Since the company was founded in 2013, Revelstoke has completed 158 acquisitions, including 25 platform companies and 133 add-on acquisitions.

About Fast Pace Health

Fast Pace Health (www.fastpacehealth.com) provides accessible, cost-effective health care to underserved and uninsured rural communities in Tennessee, Kentucky, Mississippi, Louisiana and Indiana, with plans for expansion future. Fast Pace Health provides treatment for a wide range of common illnesses, injuries and conditions, as well as a variety of wellness, diagnostic and screening services. Open seven days a week with extended hours, Fast Pace Health offers patients the convenience of short wait times, daily urgent care services, and the ability to be seen by a primary care provider without an appointment. . The company is changing the delivery of health care in rural areas by integrating excellent patient care, education, accessibility and community service in a way that puts the needs of the patient first and improves the condition health of our communities. Face Pace Health is a primary source not only for emergency care, but for overall health care.

Contact:

For a fast pace:
Lisa Gutierrez
[email protected]
(630) 272-8206

For Revelstoke:
Jennifer Hurson
[email protected]
(845) 507-0571

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SOURCE Fast-paced health; Revelstoke Capital Partners

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