Conversation With: Les Kreis, BIOS Partners

The most recent “The Pulse” breakfast series at Health Wildcatters headquarters last week featured Bill Burns, founder of Encore Vision, a medical supply and equipment company, and Les Kreis, managing partner at BIOS Partners, a healthcare-focused private equity firm. Full Story

New York Firm Acquires Minority Interest in Dallas Healthcare Investor

GMF Capital, a New York-based private alternative investment firm specializing in healthcare, real estate, and private equity, has acquired a minority interest in Dallas-based East Lake Capital Management, an investment management firm specializing in healthcare and real estate, for a reported $95 million.
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Class Action Lawsuit Against Adeptus Health Alleges Misleading Statements, Securities Violations

A class action lawsuit has been filed against Lewisville-based Adeptus Health Inc. because the company allegedly made false and/or misleading statements, failing to disclose its internal control over financial reporting and the overall status of its business operations. Bronstein, Gerwirtz & Grossman LLC publicly reminded Adeptus investors that the class action lawsuit had been filedĀ against the free-standing emergency room provider on behalf “of a class consisting of all persons or entities who purchased Adeptus securities April 29, 2016 through March 1, 2017.” The New York law firm said there’s a May 9 deadline to request lead-plaintiff status in the case.… Full Story