Granite Growth Health Partners invests in the leading emerging health services companies with proven business models and high-growth potential. We empower healthcare management teams seeking sustainable, accelerated growth to scale, expand their footprint and improve the care they deliver every day.
Our portfolio reflects a history of success identifying high-potential companies in healthcare’s most complex and challenging areas. With a partnership mentality founded on mutual respect, we work with integrity to create a collaborative team across management, boards and co-investors that grows organizations into successful market leaders known for clinical excellence.
Investments made by Granite Growth* to date include:
Acute Behavioral Health
BEHAVIORAL HEALTH SOLUTIONS THAT FOCUS ON PRESERVING A YOUNG PERSON’S RELATIONSHIP WITH THEIR FAMILY AND COMMUNITY.
Acute Behavioral Health is a healthcare platform of inpatient psychiatric residential treatment facilities and outpatient behavioral health programs for young people that provide a healing environment of evidence-based treatment within a short-term, residential setting. Their unique approach combines out-of-home care with psychiatric services, as well as a consistent focus on stabilization, correcting behaviors and reintegrating young people with their families and community as quickly as possible.
Current Board of Directors Members: Diane Daych, Mark Brooks
CleanSlate Outpatient Addiction Medicine
OUTPATIENT ADDICTION MEDICINE THAT MEETS PATIENTS WHERE THEY ARE.
A pioneer and leader in outpatient addiction medicine, CleanSlate Outpatient Addiction Medicine is a national medical group that provides treatment for the chronic disease of addiction, primarily opioid and alcohol use disorders. Founded in 2009 in response to the U.S. opioid epidemic, CleanSlate is a growing, multi-state network of physician-led outpatient addiction treatment centers where patients who have addiction and associated disorders can receive medication-assisted treatment and related therapies using the highest quality, evidence-based practices.
Current Board of Directors Members: Diane Daych, Mark Brooks, Paul Brown
Narus Health
PROVIDES PERSONALIZED CARE MANAGEMENT THAT EMPOWERS INDIVIDUALS AND FAMILIES FACING THE CHALLENGES OF COMPLEX HEALTH CONDITIONS.
The company’s approach improves the physical, psychological and logistical burdens created by these issues by providing patient advocacy, care coordination and skilled clinical oversight, and leveraging technologies that enable better care.
Sold to Lucent Health Care Management, LLC, August 2019.
Previous Board of Directors Member: Diane Daych
QualDerm Partners
DEVELOPS STRATEGIC DERMATOLOGY PRACTICE PARTNERSHIPS THROUGH ACQUISITION.
QualDerm’s dermatology practice management strategies help dermatologists and Mohs surgeons leverage their successes. QualDerm provides the management support, capital and guidance for sustainable growth and profitability. With QualDerm, physicians get the benefit of being part of a larger, support-driven organization, while preserving their clinical autonomy and practice brand.
Exited November 2022.
Previous Board of Directors Members: Diane Daych, Mark Brooks, Paul Brown
TripleCare
PROVIDES ACUTE HOSPITAL-LEVEL CARE TO PATIENTS RESIDING IN SKILLED NURSING FACILITIES (“SNFS”), USING STATE-OF-THE-ART TELEMEDICINE TECHNOLOGY.
The company expands patient access to care after hours and on weekends by providing physicians, equipment and software to SNFs, with the goal of treating patients at the facilities. The company presently contracts with over 60 facilities in 11 states.
Sold To Curavi Health, Inc. November 2018.
Previous Chair of Board of Directors: Diane Daych
Previous Board of Directors Member: Paul Brown
Three Oaks Hospice
PROVIDES THE HIGHEST-QUALITY PALLIATIVE AND HOSPICE CARE AND SERVES WITH COMPASSION.
Three Oaks Hospice focuses on care, dignity and comfort rather than curing. The Company’s dedicated providers serve to deliver comprehensive care tailored to the wishes and needs of patients and their families.
Current Board of Directors Members: Diane Daych, Mark Brooks
The founders of Granite Growth have partnered with and were actively involved investors in numerous market leading health services companies. Below is a summary of our founders’ previous key investments in health services companies**:
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A national provider of evidence-based autism therapy, primarily to children between the ages of two and 18 years old. The company’s services include applied behavior analysis, speech therapy, occupational therapy, diagnostic evaluations and individual therapy and counseling. More Info »
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A Medicare Advantage provider with a focus on care management for those receiving institutional care, who have chronic health conditions or who are eligible for Medicare and Medicaid benefits. Bravo Health became part of HealthSpring in 2010, and HealthSpring was acquired by Cigna in 2012. More Info »
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A hospitalist and inpatient care management organization. Sound Physicians acquired Cogent Healthcare in 2011. More Info »
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A provider of outpatient wound centers to hospitals nationwide, formed in 2016 by former members of Healogics. More Info »
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A provider of payment card technology solutions for HSA/FSA accounts and related consumer-directed benefit programs. It was acquired by Genstar Capital in 2010 and was sold to WEX Health a few years later. More Info »
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A provider of home hospice services, primarily to Medicare patients. The company was sold to Curo Health Services in 2016. More Info »
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A career education company providing facility-based education and training programs primarily for careers in allied health and nursing. More Info »
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A secure online communications service for healthcare, which provides clinical connectivity to physicians, patients, hospitals and more, using innovative health information technology. RelayHealth was sold to McKesson in 2006. More Info »
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A provider of workers compensation medical services through outpatient clinics throughout the country. The company was sold to Dignity Health for approximately $500 million in 2012. More Info »
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A provider of outpatient wound centers to hospitals nationwide. The company was sold to Clayton, Dubilier & Rice for $910 million in 2014. More Info »
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The largest provider of outsourced, hospitalist physicians in the country. IPC was sold for $1.6 billion to TeamHealth in 2015. More Info »
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A leading provider of high-end, at-home assisted living services acquired by Bain Capital. More Info »
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A national developer and operator of state-of-the-art radiation oncology treatment centers. Vantage Oncology was acquired by McKesson Corporation in 2017. More Info »
Past performance is not indicative of future returns. Portfolio Companies provided on the Portfolio Page are provided solely for illustrative purposes. *Investments made by Granite Growth include all current Portfolio Companies in the portfolio. **The founders’ list of previous Portfolio Companies include all of the health services companies where the founders played an active role in making those investments in such Portfolio Companies; such Portfolio Companies are similar to the types of health service Portfolio Companies that the current Granite Growth portfolio would invest in; and such Portfolio Companies were managed substantially similar to the manner in which the current Granite Growth Portfolio Companies are managed. It should be noted that other individuals who are not part of Granite Growth played a significant role in such Portfolio Companies and are not involved in managing Granite Growth’s current portfolio. Such previous Portfolio Companies are not provided to reflect that such investments were profitable. The Portfolio Companies are provided to illustrate the types of transactions entered into by Granite Growth. It should be specifically noted that not all transactions entered into by Granite Growth will be profitable or will equal the performance of the Portfolio Companies noted above.