WindRose Health Investors Completes Sale of Trust Healthcare Consulting Services, LLC

Monday, January 13, 2020 General News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, Jan. 13, 2020 /PRNewswire/ -- WindRose Health Investors, LLC ("WindRose"), the New York-based healthcare private equity firm, announced that it has completed the sale of substantially all of the assets of its portfolio company, Trust Healthcare Consulting Services, LLC ("TrustHCS" or the "Company"), to a healthcare joint venture established by an affiliate of The Carlyle Group and Cannae Holdings. Terms of the transaction were not disclosed.

TrustHCS is a provider of staffing and advisory services for coding, clinical documentation improvement ("CDI"), denial management, and coding education solutions. TrustHCS leverages its team of 500+ professionals to provide best-in-class solutions that enable its clients to accelerate revenue cycle, improve revenue integrity, and reduce operating costs. WindRose completed its majority investment in TrustHCS in September 2015.

"We are proud to have partnered with the TrustHCS management team as they expanded their capabilities over the last four years," said Alex Buzik, Partner of WindRose. "TrustHCS' reputation for high quality solutions made it an ideal investment platform as we pursued our initiative in revenue cycle management, and we look forward to seeing TrustHCS continue to thrive under its new ownership."

"WindRose was a dedicated partner, and we are grateful for their commitment to improving and growing our business," said Torrey Barnhouse, CEO of TrustHCS. "With this new partnership we will have even greater resources and infrastructure to continue to provide significant value and unmatched service to our clients."

Houlihan Lokey, Inc. served as sole financial advisor, and McDermott Will & Emery LLP served as legal advisor to TrustHCS on the transaction.

About Trust Healthcare Consulting Services

Trust Healthcare Consulting Services, headquartered in Springfield, Missouri, is a provider of staffing and advisory services that improve the financial strength of healthcare organizations. The Company's services and oversight improve the reliability, integrity and security of our clients' financial health and enables clinicians, HIM, revenue cycle and clinical documentation improvement leaders gain visibility, insight and control of financial outcomes associated with every patient encounter. For further information, please visit

About WindRose

WindRose Health Investors, LLC  makes equity investments in companies that operate within the services sectors of the healthcare industry. We focus on companies with profitable business models and a demonstrated ability to deliver cost-effective solutions.  WindRose manages over $1.2 billion in investments and is currently investing out of its fifth fund. We are based in New York City and invest in companies throughout the United States.

For more information, please email us at

Contact:Lambert & Co.Caroline Luz, 203-656-2829, or Lisa Baker, 914-725-5949,

Cision View original content:

SOURCE WindRose Health Investors

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions
Premium Membership Benefits

News A - Z



Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store