Health System Partnerships
WCAS has a long and successful history of working alongside some of the nation’s most respected health system partners to build industry leading companies.
Committed to helping health systems better fulfill their missions.
Health Systems have deep relationships with the patients our companies serve. Thus, WCAS is accountable to our Health System partners for demonstrating levels of quality, safety, and service that meet or exceed their expectations and adhere to their missions.
WCAS also collaborates with leading Health Systems on strategy and innovation. We share views on trends, challenges, and opportunities affecting Health Systems. This knowledge exchange is valuable to all parties and can also create opportunities to work together on new investment ideas.
WCAS Is Committed To Helping Health Systems Better Fulfill Their Missions.
The Health Management Academy
As a commitment to our health system strategy, WCAS has partnered with The Health Management Academy. The Academy convenes C-suite executives, provides leadership development programs, conducts research studies and facilitates the development of strategic partnerships to support the most progressive organizations shaping the future of healthcare.
Over 1,200 health system leaders participate annually in The Academy’s programs, making it one of the most robust collections of healthcare relationships in the world.
Health System Partnership In Action: Shields Health Solutions
In July 2019, WCAS and Walgreens (NASDAQ: WBA) partnered to acquire Shield Health Solutions, an outsourced operator of specialty pharmacies for health systems.
WCAS recruited top-grade management including Lee Cooper, a former WCAS operating partner, as CEO, leveraged its relationships with health systems to help Shields increase its clients to 60+ health systems spanning 700+ hospitals in 43 states, and launched a business transformation project with McKinsey to accelerate growth. In September 2021, Walgreens made an additional investment in Shields before acquiring the remainder of the business in 2022.
Select former and current health systems partners.
