Salix Ventures
Salix Ventures was a private equity firm founded in 1997 and based in Nashville, Tennessee, specializing in investments within the healthcare services and healthcare information technology sectors. The firm focused on companies that had an established operational base and required capital for growth, typically investing between $2.5 million and $7 million per company, with an emphasis on provider-based businesses and outsourced services for healthcare payors and pharmaceutical companies. Salix Ventures preferred to co-invest alongside other institutional investors and sought opportunities where a capable Chief Executive Officer was already in place to guide the company. Although stage-agnostic, the firm did not engage in seed-stage investments and instead aimed for companies with a demonstrated proof of concept. Salix Ventures ceased operations on January 25, 2019.
Psychiatric Solutions
Series A in 2003
Psychiatric Solutions, Inc. provides inpatient behavioral health care services in the United States. The company offers its services for children, adolescents, and adults through acute inpatient behavioral health care facilities and residential treatment centers. Its services include 24-hour nursing observation and care, daily interventions and oversight by a psychiatrist, and coordinated treatment by a physician-led team of mental health professionals. The company also provides contract management and a managed care plan, which involve the development, organization, and management of behavioral health care and rehabilitation programs within medical/surgical hospitals. As of December 31, 2009, it owned and leased 94 inpatient behavioral health care facilities with approximately 11,000 beds in 32 states, Puerto Rico, and the U.S. Virgin Islands. The company was founded in 1988 and is based in Franklin, Tennessee. As of November 15, 2010, Psychiatric Solutions, Inc. operates as a subsidiary of Universal Health Services Inc.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.