Redmont Venture Partners
820 Shades Creek Parkway, Suite 1200, Birmingham, AL, 35209, United States
Overview
REDMONT Venture Partners is a private equity firm providing capital for early stage and expansion stage opportunities. They invest in Southeastern companies with a focus on Alabama in a variety of sectors including: business services, financial services, health care, information technology, and industrial / manufacturing.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- ContinuumRx
Participated · Equity · Sep 2012
ContinuumRX, based in Birmingham, AL, develops joint ventures with health systems to provide home infusion and specialty pharmacy services. Its service model aims to help hospitals gain efficiencies during the discharge process by transitioning patients from the hospital to the home setting. The company currently operates joint ventures with six major health systems operating 25 hospitals. It is led by CEO Chuck Jett. ContinuumRX closed a $13.5M financing round and intends to use the capital to expand into new markets and to add services within existing markets. ContinuumRx builds joint ventures with health systems and affiliated providers to improve coordination in the hospital-to-home transition, targeting patients with chronic and complex conditions. Its team of clinical experts and an advanced fulfillment model aim to reduce patients' length of stay and avoid unnecessary readmissions while enabling payors to lower overall healthcare costs. The company is led by Chairman and CEO Chuck Jett and is based in Birmingham, Alabama. ContinuumRx signed its first joint venture agreement with the University of Tennessee Medical Center in November 2010 and today serves patients and physicians at eight major healthcare systems operating 30 hospitals and medical centers in Tennessee, Mississippi, and Alabama. The company intends to use new capital to expand its operations in the southeastern U.S.
Team
No current team members are available.