Navigation Links
Houlihan Smith Arranges Equity Investment Into Tri-Tech Health, LLC
Date:1/29/2009

CHICAGO and FORT LAUDERDALE, Fla., Jan. 29 /PRNewswire/ -- Houlihan Smith & Company, Inc. (Houlihan) completed advisory services for a non-control investment into Tri-Tech Health, LLC, (Tri-Tech Health) as announced by Charles Botchway, Group Managing Director and Vice Chairman of Houlihan. The advisory services were led by Houlihan Smith Managing Director Reginald McGaugh. Terms of the investment were not disclosed.

"We have been working with Mr. McGaugh and his team since the 3Q of 2008 and truly appreciate their efforts in helping us develop a comprehensive strategy to address our funding needs related to our substantial growth initiatives," said Dr. Michael Kazamias, CEO of Tri-Tech Health. "The financial advisory services regarding this investment were extremely valuable as we continue to expand on a national basis. Additionally, the value added services related to matching our strategic growth initiatives with our funding needs has been very instrumental in helping us to effectively position our company to achieve our goals and milestones."

"I have been truly impressed with the management team, the technology platform and the focus of the company on patient care," said McGaugh, who worked directly with the management team related to the investment. "Their ability to contract directly with managed care companies and various municipalities to provide services outside of the hospital setting provides a significant cost savings versus the traditional model of providing services. Their e-health strategy to force the capture of data of practitioners who are treating the patients leads to better patient outcomes and allows them to change patient treatment plans accordingly."

Tri-Tech Health is a national e-health technology company that provides Tele-medicine wound care treatment and wound care management services to various managed care companies including Humana. Tri-Tech Health provides a network of physician-based specialty wound management utilizing a secure Telehealth-based operating system over high-speed Internet connectivity in physician offices/clinics, skilled nursing and assisted living facilities, and in patients' homes. Tri-Tech Health provides a significant value proposition to their client which consists primarily of managed care companies. Their technology is considered a level IV platform as designated by the Center for Information Technology Leadership. Level IV is considered an Advanced Telehealth fully integrated EHR with Telehealth capabilities and is the highest distinction available.

Houlihan Smith & Company, Inc. ("Houlihan") is a specialized investment banking firm that provides advisory, financing and valuation services to public and private businesses. Houlihan is a registered broker-dealer and FINRA/SIPC member. Houlihan understands the time sensitivity of corporate finance and is able to respond quickly and tenaciously to opportunities. The Houlihan approach creates corporate finance transactions where both business owners and investors mutually benefit. We have the knowledge, experience and relationships to match buyers and sellers, as well as to match the appropriate financing and capitalization structure to each unique client situation. The Houlihan name is synonymous with professional financial expertise, and we provide cost-effective fairness and solvency opinions, as well as valuations for tax and financial reporting to some of the largest NYSE/NASDAQ companies, as well as small, privately held businesses.

     Contact:
     Rebecca Carriere
     312.499.5903
     rcarriere@houlihan.com

'/>"/>
SOURCE Houlihan Smith & Company, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Especially Yours and Paula Young Team up with Diahann Carroll and Jaclyn Smith in the Fight Against Breast Cancer
2. GlaxoSmithKline Responds to JAMA Articles
3. The Will and Jada Smith Family Foundation and Maybelline Join Forces With the Lupus Foundation of America for a Star-studded Gala to Raise Awareness for Lupus
4. Law Offices of Howard G. Smith Announces Class Action Lawsuit Against LCA-Vision Inc.
5. MedImmune Licenses Reverse Genetics Technology to GlaxoSmithKline for Use in Influenza Vaccine Development and Production
6. TIGroup Names Dennis M. Smith as Chief Financial Officer
7. The American Liver Foundation Appoints Rick Smith, a Twenty-Year Veteran of The MS Society, as Chief Executive Officer
8. Congressional Black Caucus Foundation and GlaxoSmithKline Announce Supplier Business Initiative Study Results
9. Smith & Nephew Endoscopys KINSA(R) RC Suture Anchor Designed for Secure Repair of Rotator Cuff Injuries
10. AUDIO from Medialink and GlaxoSmithKline: A New Nasal Spray for Allergy Relief
11. Smithfield(R) LEAN GENERATION(R) Announces DELI FOR THE CURE(TM)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... ... ... Lori G. Cohen and Sara K. Thompson , shareholders in ... Conference Institute’s 21st Drug & Medical Device Litigation Conference , taking place in New ... Cohen, who chairs the firm’s Pharmaceutical, Medical Device & Health Care Litigation Practice and ...
(Date:12/2/2016)... (PRWEB) , ... December 02, 2016 , ... ... across the Dothan-Wiregrass Area in Alabama are expected to attend the UNCF Dothan-Wiregrass ... will help provide scholarship funds for area students and operating support to UNCF-member ...
(Date:12/2/2016)... ... 2016 , ... The annual time frame to change Medicare health and prescription ... December 7th. Currently-enrolled Medicare beneficiaries who are looking to switch from their current plan ... to make changes during this period order for their new policy to go into ...
(Date:12/2/2016)... , ... December 02, 2016 , ... ... Beverly Hills, California, will be included in the 2016 “Guide to America’s Top ... professionals based on the amalgamation of their education, experience, and professional associations. ...
(Date:12/2/2016)... ... December 02, 2016 , ... The PAINWeekEnd Regional Conference will ... Spa in Honolulu, offering local frontline clinicians the opportunity to extend their certified ... demand for supplemental training related to pain management has surged dramatically in recent ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)... YORK , December 2, 2016 ... the trading session in red, while the Dow Jones Industrial ... at the close of US markets, which prompted Stock-callers this ... stocks: NuVasive Inc. (NASDAQ: NUVA ), Smith & ... (NASDAQ: NXTM ), and Cesca Therapeutics Inc. (NASDAQ: ...
(Date:12/2/2016)... -- Research and Markets has announced the addition ... Technologies, Markets and Companies" to their offering. ... , , ... The market value of drug delivery technologies and the anticancer ... given according to organs involved and the types of cancer as ...
(Date:12/2/2016)... , Dec. 1, 2016  Today, Simpson Healthcare Executives, ... honor of being selected as winners of multiple awards ... Executives Website at the PLATINUM level, Blue Zones Menu ... at the GOLD Level, and our proprietary 3ConneX Platform ... Simpson Healthcare Executives, we are excited to showcase our ...
Breaking Medicine Technology: