Cypress Ridge Debuts with Cardiac Care Deal

Cypress Ridge Capital has made a controlling investment in atria health, a newly launched value-based cardiovascular care organization, Axios reports. The investment is the first for CRC, the health care-dedicated growth equity firm that managing partners Andrew Pardo and Chris Petrini launched in January. Cardiology is the largest pocket of health care spend and the field is in desperate need of innovation. Through atria, CRC aims to reinvent specialists’ role in care delivery through a JV partnership playbook. Read more.

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Main Street Health Raises $315M to Expand into 26 States

In addition to Oak HC/FT, Main Street's investors in this round include the five largest national Medicare Advantage plans, who collectively serve over 74% of Medicare Advantage members in the country. The round also includes investment from many of Main Street's provider partners including large health systems, regional hospitals, and individual primary care physicians.