The Ziegler Link-age Longevity Fund L P the Fund is pleased to announce today the closing of its second investment The Fund has recently closed an equity investment in Civic Health Civic Civic is a Nashville TN based provider of community-based information technology solutions for healthcare and social services organizations Civic was founded in 2010 and operates on the belief that meaningful healthcare reform begins at the local community level John Hopper Chief Investment Officer of the Fund stated In today’s evolving world of healthcare being able to track patient interactions and outcomes across both the clinical and non-clinical aspects of their care is critically important ‘ Hopper continued We look forward to working with Civic as they deliver their product The Civic investment represents the second investment by the Fund since it’s formation in June of 2014 The Fund is one of the first to focus exclusively on the aging market and companies that provide innovative products services and technologies to meet the growing needs of seniors and senior living providers in this changing era of healthcare reform Civic’s software platform bridges the gap between healthcare providers and social services enabling comprehensive cost-effective care coordination and resource management Communities hospitals accountable care organizations ACO and patient-centered medical homes use Civic’s proven technology to coordinate community and social services support patient compliance ensure health services are delivered through the appropriate channels and track individual and population health outcomes The Civic solution set addresses the following issues among others Patient compliance Bundled Payments Reimbursement Readmissions Risk management Emergency Department re-directsNeil Borg Chief Strategy Officer of the Fund stated Our investors – which include 70 of the most progressive and influential not-for-profit senior living systems in the country – will benefit form having access to Civic and using their services to prepare for a bundled payment and accountable care environment Jeff Powell the owner and Founder of Civic added We are very excited to work with Ziegler and Link¢age and their investors to continue to evolve the great company we have built into a leader in the healthcare and senior living worlds Financial details of the investment were not disclosed For more information on Ziegler please visit http://www ziegler com For more information on Link¢age Ventures please visit http://www LinkageConnect com ABOUT LINK¢AGE VENTURES Link¢age Ventures is an investment firm interested in investing in financially viable companies that provide products services or technology to the aging marketplace Link¢age Ventures is a hybrid firm in that it will invest in traditional venture capital opportunities and more established companies that fit its investment criteria Link¢age Ventures looks to invest in companies that understand and can leverage the Link¢Age network of 600 senior living communities and over 300,000 residents to grow their organizations ABOUT ZIEGLER The Ziegler Companies Inc , together with its affiliates Ziegler is a specialty investment bank with unique expertise in complex credit structures and advisory services Nationally Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare senior living religion and education as well as general municipal and structured finance Headquartered in Chicago IL with regional and branch offices throughout the U S , Ziegler provides its clients with capital raising corporate finance FHA/HUD strategic advisory services and research Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels ABOUT CIVIC HEALTH Civic Health is a leader in providing community-based information technology solutions for healthcare and social services organizations Founded in 2010 by a group of healthcare visionaries in Nashville TN the company operates on the belief that meaningful healthcare reform begins at the local community level For more information visit http://www civichealth com
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