CareCentrix
CareCentrix is the nation's leading provider of home health benefits management services to the managed care industry. The company manages home nursing, infusion, medical equipment and home sleep testing services for more than 30 million members of managed care organizations through a network of 7,000 credentialed home care providers across the country.
Investment: Water Street transformed CareCentrix from a division of Gentiva Health Services into the fastest growing and leading home healthcare management company after acquring the business in 2008. In less than three years, our team established CareCentrix as an independent company, recruited the senior management team and expanded CareCentrix's core services to more than double its contracted revenues. In 2011, Water Street sold our majority interest in CareCentrix to a strategic growth investor. We continue to support the company's rapid expansion as a minority investor.