(Greenville, South Carolina) – August 19, 2019 – BSC Capital Partners, an affiliate of Nashville-based investment banking firm Bailey Southwell & Co., announced that it participated in a Series A round of capital in ChartSpan Medical Technologies, Inc. The firm is part of a five-investor syndicate led by BIP Capital.
ChartSpan is the largest healthcare managed service provider for chronic care management programs in the U.S. ChartSpan offers healthcare providers a turn-key service for MIPS compliance, Chronic Care Management, and Annual Wellness Visits, allowing both patients and providers to see higher levels of engagement, better adherence to prescribed care paths, and better patient outcomes.
“For this syndicate, we searched for partners with experience in the healthcare industry,” said ChartSpan CEO, Jon-Michial Carter. “Bailey Southwell & Co. brings a wealth of industry insight to help us shape our approach for growth. We are thrilled to have them on board.”
“ChartSpan’s platform serves the rapidly growing Medicare Chronic Care market, addressing a growing market opportunity that increases MIPS scores and drives greater patient engagement,” commented Jeff Bailey, co-founder and Managing Director of Bailey Southwell & Co. “We look forward to working with ChartSpan and the consortium of investors on developing strategies to reach the company’s growth objectives.”
ChartSpan is the largest, managed service provider of chronic care management programs in the United States. The company provides turn-key, managed care coordination and compliance programs for doctors, clinics, and health systems. ChartSpan manages patient care coordination and value-based programs for more than 100 of the most successful practices and health systems in the United States.
About BSC Capital Partners
BSC Capital Partners (“BSCCP”), an affiliate of Bailey Southwell & Co., is a Nashville-based co-investment fund making minority investments in growth and late-stage healthcare and tech-enabled services companies. BSCCP supports strong management teams that have built scalable platforms by providing flexible capital and strategic insights to accelerate growth. For more information, please visit our website.