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Press Ganey Takes on New Investment Partner
Date:1/30/2008

in, Vestar Managing Director. "Our long-term investment will provide Press Ganey with substantial capital resources to enhance their award-winning IT capabilities, deploy innovative solutions, extend its best-in-class customer service, and ultimately meet the changing and growing needs of health care."

Commenting on their work with Press Ganey, Glenn Kaufman, Managing Director of American Securities said, "Over the last five years we have worked in true partnership with a world-class team, introducing into health care the science of predictive analysis to drive improvement in quality and the overall delivery of care. We are delighted that our efforts, resources and investment to support Press Ganey's expansion of capabilities have positioned it at the epicenter of both the consumerism and transparency movements in health care. It has been tremendous to impact health care in such a powerful way while also supporting the growth of what we believe is now one of the best-positioned businesses in the industry. To have accomplished all that while building the quality long-term relationships and friendships we deeply value meets every one of our investment goals."

"We are proud of our achievements and appreciate the support of American Securities over the past several years," added Dr. Hall. "They have been outstanding partners who have helped us transition from an independent, entrepreneurial business to a company with best-in-class infrastructure, technology, and operations while maintaining our entrepreneurial edge."

Press Ganey joins Vestar's growing portfolio of health care services companies. The portfolio of 7 companies includes the pending Radiation Therapy Services acquisition as well as National Mentor Holdings, DynaVox Systems, Essent Health care, Joerns Health care, Sunrise Medical, and MediMedia USA.

"Vestar's investment in Press Ganey reflects the national priority of better quality health care in America, and with this important i
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SOURCE Press Ganey Associates, Inc.
Copyright©2008 PR Newswire.
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