Apollo to invest $470m in US Acute Care Solutions.

Apollo Global Management agreed to invest $470m in US Acute Care Solutions, a provider of emergency medicine, hospitalist and observation services. "USACS was founded as a partnership that prioritized physician ownership because we believe this leads to the best patient experiences and hospital partnerships. Since creating USACS in 2015, we’ve worked hard to deliver on this mission, creating the largest majority physician-owned platform bringing high-quality care to more patients across the country. Now at this key inflection point for our business, we are excited to work with Apollo to access their full network of resources, capital markets expertise and capital support while increasing physician ownership. We also want to thank WCAS for being great partners to USACS, helping to establish and position the company for long-term success," Dominic Bagnoli, USACS Executive Chairman.