Southwind Health Partners, a Nashville-based physician-alignment and practice-management firm, has been acquired by the publicly traded Advisory Board Co.
Advisory Board acquires Southwind Health
The Washington-based healthcare business strategy and management company acquired Southwind effective Dec. 31, 2009, but did not disclose details of the transaction. The acquisition was announced Feb. 4 along with the Advisory Board Co.'s third-quarter earnings, which showed a drop in net operating cash flow to $7.3 million compared with $9.2 million in the year-ago quarter.
Southwind will continue to operate under its existing business name, as a division the Advisory Board Co., the companies announced in a news release.
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