NEW
YORK, Aug. 8, 2024 /PRNewswire/ -- Consello
Capital, the private equity arm of Consello, announced today that
it has acquired EHE Health, the largest national network provider
of preventive healthcare.
As the market leader in providing preventive healthcare to
employers for more than 100 years, EHE Health partners with
enterprise leaders to reduce healthcare costs and help employees
and their beneficiaries live healthier lives. Among its services,
EHE Health facilitates comprehensive preventive care exams, which
are offered through the company's nationwide network of more than
200 clinics and physician practices.
"EHE has built an excellent reputation and demonstrated its
ability to partner with some of the world's largest companies. It
offers a compelling value proposition in the form of bettering
people's lives and consistently generates a positive return on
investment for employers seeking to lower healthcare costs," said
Peter Morrow, Managing Partner of
Consello Capital. "We are excited to partner with the EHE team and
help them continue to grow."
"We are thrilled to partner with Consello Capital for the next
phase of our company's journey," said Chris
Bird, CEO of EHE Health. "Consello brings a powerful mix of
capital, an experienced investment team well-versed in scaling
enterprises and a significant professional network that will unlock
business development opportunities for us."
The United States has the
highest health expenditure per capita of all Western and developed
countries; however, only 8% of Americans undergo routine preventive
screenings.1 As a result, missed
healthcare prevention opportunities cost the U.S. upwards of
$55 billion every
year.2 According to the American Journal
of Health Promotion, well-implemented workplace health programs can
generate up to 25% in savings across employee absenteeism,
healthcare costs, workers' compensation and disability management
claims costs.
"Company C-suites are becoming increasingly aware of the
benefits associated with offering more comprehensive preventive
healthcare to employees," said Declan
Kelly, Chairman and CEO of Consello. "EHE is already aligned
with some of the world's most progressive employers, and we believe
it has a tremendous opportunity to further expand while also making
a substantial contribution to public health."
About EHE Health
EHE Health is a national healthcare provider network and center
of excellence in preventive health that partners with mid- and
large-sized employers to give their employees and beneficiaries an
entry point to organized healthcare, beginning with prevention.
EHE's comprehensive, evidence-based preventive care provides 100%
of the recommended screenings, far exceeding a typical annual exam
with a primary care physician, resulting in more health conditions
being found sooner. Named by Fortune Magazine and Great Place to
Work as one of the Best Workplaces in 2021, EHE Health is
headquartered in New York City and
operates and/or contracts with over 200 health clinics across the
U.S., staffed by a network of curated physicians and clinicians.
For over 100 years, EHE Health has been an innovator and leader in
helping people live longer, healthier lives with personalized
preventive care. To learn more visit www.ehe.health.
About Consello Capital and the Consello Group
Consello Capital is the private equity arm of Consello. The firm
specializes in investments in the business services, consumer, and
retail sectors, leveraging Consello's network and integrated
advisory expertise to help grow its middle-market portfolio
companies.
Consello is an advisory and investing platform. Our advisory
business provides counsel to the most senior business leaders in
the world on a wide range of corporate issues. For more
information, visit www.consello.com.
Media contact:
media@consello.com
1 Source: The Organization for Economic Co-operation
and Development
2 Source: The National Academy of Medicine
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SOURCE Consello