{"id":53525,"date":"2023-02-01T15:02:50","date_gmt":"2023-02-01T14:02:50","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/varsity-healthcare-partners-adds-dr-pat-basu-to-its-senior-leadership-team\/"},"modified":"2023-02-01T15:02:50","modified_gmt":"2023-02-01T14:02:50","slug":"varsity-healthcare-partners-adds-dr-pat-basu-to-its-senior-leadership-team","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/varsity-healthcare-partners-adds-dr-pat-basu-to-its-senior-leadership-team\/","title":{"rendered":"Varsity Healthcare Partners Adds Dr. Pat Basu to Its Senior Leadership Team"},"content":{"rendered":"<div>\n<p class=\"bwalignc\">\n<i>Former White House Senior Advisor, Former CEO Cancer Treatment Centers of America, Former Senior Leader UnitedHealth\u2019s OptumCare will lead VHP\u2019s Operating Partner program and join Firm\u2019s Investment Committee<\/i>\n<\/p>\n<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Varsity Healthcare Partners (\u201cVHP\u201d, \u201cVarsity\u201d or \u201cthe Firm\u201d), a lower middle market healthcare services private equity investment firm, today announced the addition of Dr. Pat A. Basu to its leadership team. Based out of VHP\u2019s Chicago office, Dr. Basu will lead the entirety of VHP\u2019s Operating Partner program in the role of Managing Partner, Varsity Operations, as well as support VHP\u2019s healthcare services investment activities as a Partner and Member of the Firm\u2019s Investment Committee.\n<\/p>\n<p>\n\u201cPat Basu has been a world-class leader of growth healthcare services organizations, as well as a skilled operator and developer of physician and executive leaders,\u201d said David Alpern, co-Founder and Managing Partner at Varsity Healthcare Partners. \u201cBeyond his significant career achievements, Pat is a high energy, compassionate leader, who cares deeply about both team and organizational excellence. We strive for excellence at VHP and in that vein we are grateful and delighted to add someone of Pat Basu\u2019s caliber, experience and energy to elevate our Operating Partner program and our culture broadly.\u201d\n<\/p>\n<p>\nDr. Basu joins Varsity from Cancer Treatment Centers of America (\u201cCTCA\u201d), a national network of oncology hospitals and outpatient care centers, where he served as President and Chief Executive Officer and led the company to a strategic transaction in 2022. Until that transaction, he also served as President and CEO of Brown Legacy Group, CTCA\u2019s parent holding company and private investing platform for CTCA\u2019s owners&#8217; capital. Prior thereto, Dr. Basu led UnitedHealth Group\u2019s (\u201cUHG\u201d) OptumCare division, the nation\u2019s largest value-based care business, overseeing 9,000 employees and 20,000 physicians managing integrated care delivery through a series of commercial and government capitated contractual arrangements. Prior to his tenure at UHG\u2019s OptumCare, Dr. Basu helped found and served as President, Chief Medical Officer for Doctor on Demand, the largest provider of telehealth patient visits in the U.S., enabling care delivery to more than 40 million patients in partnership with more than 700 employer\/health plan partnerships. Previously, Dr. Basu served as Chief Operating Officer and Chief Medical Officer for Virtual Radiologic (\u201cvRad\u201d), the nation\u2019s largest teleradiology platform, where he oversaw the Company\u2019s senior executive team, clinical leadership, and more than 1,000 employees, and led the Company\u2019s post-merger integration and key growth initiatives.eaH\n<\/p>\n<p>\nDr. Basu also previously served as a Presidentially appointed White House Fellow and Senior Advisor. He is a US Board Certified physician and practiced medicine at Stanford University and in private practice. Additionally, Dr. Basu holds a BA in Mechanical Engineering from the University of Illinois, an MBA from Chicago Booth School of Business and a Medical Doctorate from University of Chicago Pritzker School of Medicine.\n<\/p>\n<p>\n<b>ABOUT VARSITY HEALTHCARE PARTNERS<\/b>\n<\/p>\n<p>\nVarsity Healthcare Partners (VHP) is a leading lower middle-market healthcare services private equity investment firm, targeting exclusively multi-site healthcare provider platforms or businesses providing outsourced services, technology, or tools to healthcare providers and\/or payers. VHP\u2019s tactical investment strategy emphasizes identifying and transacting with growth-seeking, provider-owned or founder-owned companies, leveraging VHP\u2019s developed \u201cbuy and build\u201d playbook to drive significant operational, managerial enhancement early in the life of each platform investment, followed by a well-resourced aggressive and multidimensional growth plan. VHP\u2019s unique tactical investment playbook and strong track record is complimented by VHP\u2019s distinct organizational culture, emphasizing highly collaborative engagement, strong professional accountability, and a commitment to excellence in work product and team performance.\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nMickey Mandelbaum or Julia Cohen<br \/>\n<br \/>Prosek Partners<br \/>\n<br \/>(212) 279-3115<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;&#97;&#x69;&#x6c;&#116;&#111;&#x3a;&#x6d;&#109;&#97;&#x6e;&#x64;&#101;&#108;&#x62;&#x61;&#117;&#109;&#x40;&#x70;&#114;&#111;&#x73;&#x65;&#107;&#46;&#x63;&#x6f;&#109;\" rel=\"nofollow noopener\" shape=\"rect\">&#x6d;&#109;a&#x6e;&#100;e&#x6c;&#98;a&#x75;&#x6d;&#64;&#x70;&#x72;&#111;s&#x65;&#107;&#46;&#x63;&#111;m<\/a> \/ <a target=\"_blank\" href=\"&#109;&#x61;&#105;&#x6c;t&#x6f;:&#106;&#x63;&#111;&#x68;&#101;&#x6e;&#64;&#x70;r&#111;&#x73;&#101;&#x6b;&#46;&#x63;o&#x6d;\" rel=\"nofollow noopener\" shape=\"rect\">&#x6a;&#x63;&#x6f;&#x68;&#x65;&#x6e;&#x40;&#x70;&#x72;&#x6f;&#x73;&#x65;&#x6b;&#x2e;&#x63;&#x6f;&#x6d;<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former White House Senior Advisor, Former CEO Cancer Treatment Centers of America, Former Senior Leader UnitedHealth\u2019s OptumCare will lead VHP\u2019s Operating Partner program and join Firm\u2019s Investment Committee LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Varsity Healthcare Partners (\u201cVHP\u201d, \u201cVarsity\u201d or \u201cthe Firm\u201d), a lower middle market healthcare services private equity investment firm, today announced the addition of Dr. Pat &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/varsity-healthcare-partners-adds-dr-pat-basu-to-its-senior-leadership-team\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-53525","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Varsity Healthcare Partners Adds Dr. Pat Basu to Its Senior Leadership Team - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/varsity-healthcare-partners-adds-dr-pat-basu-to-its-senior-leadership-team\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Varsity Healthcare Partners Adds Dr. Pat Basu to Its Senior Leadership Team - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"Former White House Senior Advisor, Former CEO Cancer Treatment Centers of America, Former Senior Leader UnitedHealth\u2019s OptumCare will lead VHP\u2019s Operating Partner program and join Firm\u2019s Investment Committee LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Varsity Healthcare Partners (\u201cVHP\u201d, \u201cVarsity\u201d or \u201cthe Firm\u201d), a lower middle market healthcare services private equity investment firm, today announced the addition of Dr. Pat ... 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