Kinderhook Industries, a private equity firm, completed a $500m investment in Physician Partners, a primary care physician group. “Since founding Physician Partners, we have focused on disrupting the conventional healthcare industry by providing 5-Star outcomes for our members through provider-aligned value-based care. It has resulted in a track record of success serving not only our patients, but our payor-partners as well. Given their success investing in the healthcare industry, particularly with a focus on value-based, risk-bearing arrangements, we believe Kinderhook is the ideal partner to support and accelerate our growth as a leading value-based primary care provider," Sidd Pagidipati, Physician Partners Chairman and Founder.