Founding Partner Departs Health-Focused Martis Capital: Report

The single-asset process also will include a shot of fresh capital into NewSpring’s fourth healthcare fund, which is targeting $175 million. 

Patient Square will partner with "best-in-class management teams whose products, services, and technologies improve health," according to the report.

Great Hill Partners is a Boston-based private equity firm targeting investments of $25 million to $500 million in high-growth companies, including the healthcare sector.

The fund, Bain Capital Real Estate Fund II, garnered nearly double its initial target dollar amount.