Kelsey-Seybold Clinic (Kelsey-Seybold), the nation’s first Accredited Accountable Care Organization recognized by the National Committee for Quality Assurance (NCQA), announced today a strategic partnership with TPG Capital, the private equity platform of global alternative asset firm TPG. TPG Capital has made a non-controlling, strategic investment in Kelsey-Seybold Management Services, the management services organization serving the Kelsey-Seybold Medical Group. Kelsey-Seybold’s physician leadership maintains local control of the organization in the partnership. The partnership provides Kelsey-Seybold with additional capital and strategic expertise to help accelerate the growth and expansion of its Accountable Care Organization and care delivery model to more geographic locations and partners in the Greater Houston area. Under the terms of the agreement, Kelsey-Seybold Medical Group remains 100 percent physician-owned and physician-governed. Additional terms of the partnership were not disclosed.
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