Hauser Private Equity (HPE), a hybrid private equity firm, announced last week that it has completed an investment in Stat Health Management, LLC (“Stat Health”), an urgent care provider with locations throughout Long Island, NY.
Stat Health provides management services to a chain of urgent care centers staffed by board certified emergency medicine physicians offering unscheduled treatment options for minor injuries and common illnesses at a fraction of the time and cost of emergency care.
HPE’s investment supports the recapitalization of Stat Health by Spanos Barber Jesse & Co. and co-founder Dr. Paolo Coppola. Gus Spanos, SBJ’s co-founder and Managing Director said that, “the company has plans already in the works for opening several new urgent care centers in Suffolk County, Long Island under the ‘Stat Health’ brand that is trusted and well-known by patients.
Mark Hauser, Managing Partner, Hauser Private Equity said, “With healthcare costs rising and an aging patient demographic, we believe that Stat Health is positioned perfectly for growth within a prime regional market. Stat Health’s stellar reputation supports HPE’s mission to invest in stable, quality companies.”