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New Deal


Announced

Northwell Health and Pamplona Capital Management to create Formativ Health.

Synopsis

Northwell Health, New York State's largest health care provider, and Pamplona Capital Management, a private equity firm, created a new business - Formativ Health, comprehensive management services to assist physician practices provider. The business allows health system employed physician groups and independent physicians to improve their financial health, adapt to changing risk-based payment models, increase physician productivity and satisfaction, and positively augment patient experiences. "We want physicians to focus on what matters most – providing the best patient care. Formativ does this by relieving administrative burdens, improving the physician experience and ultimately increasing patient engagement." Dennis Dowling, Formativ CEO.

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