OB Hospitalist Group develops and manages 24-7, in-house OB/GYN hospitalist programs for a number of hospitals. According to SEC documents, the company has raised a nearly $8.1 million line of equity. The filing does not specify participating investors or the intended use of the equity line. The company reports more than 607,000 patient interactions, over 23,700 high-risk encounters, delivery of more than 52,000 babies, and support for over 31,600 surgical assists. Attempts to reach CEO David Swain and Chief Medical Officer Christopher Swain were not returned. No additional financial details or future plans were disclosed in the article. OB Hospitalist Group is a Greenville, SC–based provider of comprehensive obstetrics and gynecology hospitalist services to hospitals across the United States. Founded in 2006, the company has established a national network of more than 600 board-certified physicians who form dedicated teams providing 24/7 in-house Ob/Gyn coverage. It partners with client hospitals across multiple states, including California, Florida, Illinois, Kentucky, New York, North Carolina, Texas, Utah, Virginia and Washington. The company said it will use the funding to enhance its level of service and to further develop its infrastructure and depth of management support. The partnership with the investor is intended to accelerate plans to bring this level of care to an increasing number of patients and partner hospitals. In conjunction with the investment, a Summit Partners principal will join OB Hospitalist Group’s board of directors.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2014