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:1/23/2017)... ... 2017 , ... The American Academy of Thermology ... healthcare training and clinical application of medical infrared imaging, has announced the dates ... Courses for Technicians, respectively. , For the first time the AAT is offering ...
(Date:1/23/2017)... ... , ... "ProRandom is a set of camera tools that allow video editors to integrate up ... X," said Christina Austin - CEO of Pixel Film Studios. , With ProRandom, video ... footage. ProRandom works by using a virtual camera to create the illusion of a ...
(Date:1/23/2017)... ... January 23, 2017 , ... “Crossing the Bar”: a ... of a woman’s life. “Crossing the Bar” is the creation of published author, Charlotte ... , Charlotte, who credits the inspiration of the book to her sister, Denise, ...
(Date:1/22/2017)... ... January 22, 2017 , ... Phytocéane invites clients to take an exotic journey ... world with ZANZIBAR MILKY CREAM. Inspired by the beauty of Zanzibar, a Tanzanian archipelago ... and moisturizing vegetal coral to create this gentle, velvety body cream to envelop the ...
(Date:1/21/2017)... (PRWEB) , ... January 21, 2017 , ... Salveo for ... it is bringing its product to the United States as part of its presence ... last 25 years, Alcovit aims to reduce the productions of nasty toxins as a ...
Breaking Medicine News(10 mins):
(Date:1/21/2017)... Research and Markets has announced the addition ... Technology, Route Of Administration, End User - Forecast to 2025" ... ... at a CAGR of around 7.8% over the next decade to ... report analyzes the global markets for Advanced Drug Delivery across all ...
(Date:1/20/2017)... 20, 2017 Research and Markets has ... (by Devices, Implant Types, OTC Amplifiers, Diagnostic Instruments), Sales Volume, ... offering. ... Global Hearing Aids Market Sales Volume, Company Analysis and Forecast ... hearing aid industry. The growing prevalence of hearing ...
(Date:1/20/2017)... -- Research and Markets has announced the addition ... Future" report to their offering. ... This research service on the global pharmaceutical ... provides a snapshot of the key participants in the market. ... from 2016 to 2020. The market is expected to grow at ...
Breaking Medicine Technology: