Principle Valuation to Merge with Prism Healthcare Partners

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CHICAGO–(BUSINESS WIRE)–Prism Healthcare Partners LTD announced plans today to merge with
healthcare and seniors housing valuation firm Principle Valuation, LLC.
The merger will combine Prism
Healthcare Partners
’ performance improvement expertise with Principle
Valuation
’s premier valuation and advisory services. Hospitals,
health systems, academic medical centers and other providers will be
able to navigate today’s healthcare environment with the help of one
firm offering a strong staff with decades of experience and a
comprehensive portfolio of services.


“The merging of our two firms provides clients a trusted partner to help
tackle a wider range of challenges and improve their bottom line,” said
David Shade, President and CEO of Prism Healthcare Partners. “Joining
forces presents opportunities to expand our firms’ market presence,
extend and enrich client relationships, and increase the scale of
operations and support for our teams. The end result will be a distinct
and high-impact offering aligned with the evolving needs of the
healthcare community.”

Both firms are privately-owned and are led by senior-level experts who
have focused their careers on serving the healthcare industry. Prism and
Principle Valuation have similar clientele and have collaborated on
numerous projects over the past few years.

“The fit between Prism and Principle Valuation is natural,” said Timothy
Baker, President of Principle Valuation. “Both firms are established and
well-respected healthcare provider-focused organizations with
complementary cultures and approaches to client service. Merging will
enhance our collaborative relationship to the benefit of clients and
staff.”

The deal is expected to close in January 2016.

About Prism Healthcare Partners

Prism
Healthcare Partners LTD
is a national healthcare consulting firm
focused exclusively on helping hospitals, health systems and academic
medical centers improve their financial, operational and clinical
performance so that they can better serve the needs of their
communities. Prism’s services include supply chain, workforce, revenue,
clinical transformation, physician operations and strategy. Prism’s team
of senior level healthcare experts has decades of experience helping
hundreds of healthcare organizations across the country realize hundreds
of millions of dollars in benefits. The firm is headquartered in Chicago
and also has an office in Fort Lauderdale. For more information visit www.prismhealthcare.com.

About Principle Valuation

Principle
Valuation, LLC
is a national, full-service valuation firm dedicated
exclusively to the healthcare and seniors housing industries. Its
services have helped thousands of clients across the country obtain
financing, comply with governmental reporting requirements, reduce
depreciation expense and insurance costs, and perform life studies on
depreciable assets. Its professionals have specific expertise in all
healthcare and seniors housing asset classes, including real estate
(land and improvements), equipment, intangibles and business enterprise.
The firm is headquartered in Chicago. Principle Valuation has provided
valuation services to thousands of healthcare clients across the
country. More information is available at www.principlevaluation.com.

Contacts

Prism Healthcare Partners LTD
Victoria Pompizzi, Marketing Director
312.610.4622
vpompizzi@prismhealthcare.com