Skip to main content

US Acute Care Solutions Acquires Alteon Health

Press Release Icon

Press Release

Feb 21, 2022

USACS physicians bought out Alteon private equity shareholders and will issue USACS ownership to hundreds of Alteon physicians

Canton, Ohio, February 1, 2022 – US Acute Care Solutions (USACS), a national leader in physician-owned emergency medicine, hospitalist, observation and critical care services announced today that it has acquired Alteon Health (Alteon) from its private equity shareholders.

Hundreds of Alteon physicians will become USACS physician owners, and together the two companies will form a leading physician-owned provider of integrated- and post-acute care medicine, serving approximately nine million patients annually in more than 500 hospital-based and post-acute programs in 28 states.

USACS Executive Board Chairman Dominic J. Bagnoli, MD, FACEP, FAAEM, said, “We formed USACS to create a company that would provide a perpetual physician ownership model in order to deliver world-class care to our patients. That ownership model is thriving, and we couldn’t be more excited to welcome 450 new physician owners to our organization.”

“Our scaled physician-partnership is unique in our industry. It is a clear differentiator for us, and it has enabled us to deliver high quality patient care and develop strong, longstanding relationships with our hospital system clients,” said USACS Chief Executive Officer James Frary. “With Alteon on our team, we will further strengthen our existing partner relationships and expand with new key health systems.”

Alteon Chief Executive Officer Steve Holtzclaw, MD, MBA, FACEP, said, “As a physician-founded, physician-led organization committed to building exceptional clinical careers, we are excited about the transition to an ownership model for our physicians. We are equally excited to join forces with USACS to provide the highest quality care to our shared patients and meet the goals of our health system and post-acute partners.”

Sidley Austin LLP and Epstein, Becker & Green served as legal counsel to USACS, and Barclays and Deutsche Bank served as financial and strategic advisors. Greenberg Traurig served as legal counsel to Alteon, and Greenhill served as financial and strategic advisor.

 

About USACS

Founded by emergency medicine and hospitalist physicians across the country, USACS is solely owned by its physicians and hospital system partners. The group is a national leader in integrated acute care, including emergency medicine, hospitalist and critical care services. USACS provides high-quality care to approximately seven million patients annually across more than 300 programs and is aligned with many of the leading health systems in the country. 

About Alteon

With more than 1,300 clinicians serving approximately 200 practice locations nationwide, Alteon is a leading provider of emergency medicine, hospitalist medicine, critical care, post-acute care and virtual and home health services. The physician-led practice is equipped with 50 years of experience in providing high-quality, industry-leading and patient-focused care in diverse medical markets. 

###

Media Contact

Marty Richmond
Corporate Communications Department
US Acute Care Solutions
330.493.4443 x1406

Related News

Press Release Icon

Press Release

Jul 20, 2023

Houston Methodist Selects US Acute Care Solutions as System-Wide Provider of Emergency Medicine Services

Houston Methodist Selects US Acute Care Solutions as System-Wide Provider of Emergency Medicine Services CANTON, Ohio, July 20, 2023 – Effective July 19, 2023, US Acute Care Solutions (USACS), the nation’s largest physician-owned and led acute care practice, has been named the exclusive provider of emergency medicine services across the renowned Houston Methodist system. Locations include: Houston Methodist Hospital Houston Methodist Sugar Land Hospital Houston Methodist West Houston Hospital Houston Methodist Willowbrook Hospital Houston Methodist The Woodlands Hospital Houston Methodist Baytown Hospital Houston Methodist Clear Lake Hospital Houston Methodist Emergency Care Center – Cinco Ranch Houston Methodist Emergency Care Center – Cypress Houston Methodist Emergency Care Center – Kirby Houston Methodist Emergency Care Center – Voss Houston Methodist Emergency Care Center – Pearland Houston Methodist Emergency Care Center – Sienna Houston Methodist Emergency Care Center – Spring Houston Methodist Emergency Care Center – The Woodlands Houston Methodist Emergency Care Center – Magnolia Houston Methodist Emergency Care Center – League City Houston Methodist Emergency Care Center – Deer Park With a reputation for delivering high-quality, patient-centered care, Houston Methodist has been named the number one hospital system in Texas and one of the premier systems in the United States consistently for many years. USACS is honored to partner with Houston Methodist in this significant capacity. Under the agreement, the physicians and advanced practice clinicians (APCs) currently caring for patients in the emergency departments of Houston Methodist will remain in their roles, and all full-time physicians will be offered the opportunity to become equity owners of USACS. This continuity of care will ensure patients maintain access to their trusted clinical team, while empowering the system’s physicians to secure their long-term future as physician-owners. Dr. Matt Patlovany, President and Chief Clinical Officer of USACS, commented on the opportunity to serve the Houston Methodist system, stating, "As a native Texan, I am acutely aware of the prestige and importance of Houston Methodist within our state. I am incredibly excited to lead this talented team of physicians and APCs in providing exceptional emergency medicine services to patients across the system. Our physician-owned and led approach puts patients at the forefront of every decision we make, and our focus will be on delivering compassionate, evidence-based care to ensure the best possible outcomes for every patient who walks through our doors." "We are pleased to partner with USACS as the provider of emergency medicine services for our entire system. We continue to provide the high-quality service to our patients and community and believe this collaboration will enhance our emergency department services, and further strengthening our ability to deliver exceptional care to our patients,” said Wayne Voss, CEO, Houston Methodist West Hospitaland executive sponsor of the hospital system’s emergency department council. Dominic J. Bagnoli, MD, FACEP, FAAEM, Executive Chair of the USACS Board of Directors said, “USACS was formed to bring the best groups in the country together to form a perpetual physician-owned organization in acute care services. We are focused on partnering with the best health systems in the country – Houston Methodist and the clinicians in the system are perfect partners in our long-term strategic vision.” USACS brings a wealth of expertise and resources to Houston Methodist, including advanced clinical protocols, innovative technology solutions, and a commitment to continuous quality improvement. This partnership will enhance the emergency medicine services provided throughout the Houston Methodist system, ensuring patients receive timely and effective care when they need it most. About USACS Founded by emergency medicine and inpatient physicians across the country, USACS is solely owned by its physicians and hospital system partners. The group is a national leader in integrated acute care, including emergency medicine, hospitalist, and critical care services. USACS provides high-quality care to approximately ten million patients annually across more than 500 programs and is aligned with many of the leading health systems in the country. Visit usacs.com for more. About Houston Methodist Houston Methodist is one of the nation’s leading health systems and academic medical centers. The health system consists of eight hospitals: Houston Methodist Hospital, its flagship academic hospital in the Texas Medical Center, six community hospitals and one long-term acute care hospital throughout the Greater Houston metropolitan area. Houston Methodist also includes a research institute; a comprehensive residency program; international patient services; freestanding comprehensive care, emergency care and imaging centers; and outpatient facilities. Houston Methodist employs approximately 30,000 people and had more than 1.9 million outpatient visits and more than 138,000 admissions in 2022. U.S. News World Report has named Houston Methodist Hospital the Best Hospital in Texas for 11 years in a row. Houston Methodist is the No. 1 hospital in Texas and No. 15 in the nation. For more information about Houston Methodist, visit houstonmethodist.org. Follow us on Twitter, Facebook and On Health. ### Media Contact Marty Richmond Corporate Communications Department US Acute Care Solutions 330.493.4443 x1406 [email protected]

Press Release Icon

Press Release

Jun 23, 2023

US Acute Care Solutions Names Dr. Amit Kalaria a Regional Vice President of its Northeast Division

CANTON, Ohio, June 23, 2023 –Effective July 1, 2023, US Acute Care Solutions (USACS) has named Amit Kalaria, MD, a Regional Vice President of its Northeast Division. Dr. Kalaria has held several leadership positions throughout his 17 years with USACS, most recently overseeing 14 service lines as the System Medical Director of Integrated Acute Care Services at Adventist Healthcare. As Regional Vice President, he will lead and support, both clinically and administratively, the teams and leaders of Adventist Healthcare, Meritus, and UPMC Western Maryland. “Dr. Kalaria’s peers have recognized him as a strong, decisive leader and appreciate his clear and concise approach to problem solving,” said Martin Brown, MD, FACEP, President of USACS’ Northeast Division. “He is an accomplished physician leader, and I am excited to have him join our division in this elevated capacity.” “I am honored to step into this new role,” shared Dr. Kalaria. “I look forward to working with our exceptional team of physicians, APPs, and support staff to continue providing high-quality, patient-centered care to our communities.” Dr. Kalaria is a board-certified physician leader with a track record of spearheading successful initiatives to improve the quality of care delivered across multiple service lines. He is an active member of several committees, serving as President’s Council Board Member for Adventist Healthcare, and was the physician member of both the Quality and Patient Safety Committee and the Utilization Management Committee at Western Maryland Health Systems. He also served as a member of the USACS Regional Clinical Governance Board. Dr. Kalaria earned his undergraduate degree at the University of Michigan and received his medical degree from Michigan State University. He completed his emergency medicine residency at Northwestern University where he served as Chief Resident. About USACS Founded by emergency medicine and hospitalist physicians across the country, USACS is solely owned by its physicians and hospital system partners. The group is a national leader in integrated acute care, including emergency medicine, hospitalist and critical care services. USACS provides high-quality care to approximately nine million patients annually across more than 500 programs and is aligned with many of the leading health systems in the country. Visit usacs.com for more. ###

Tell us about yourself