PGP advisor Andrew Holm quoted in Behavioral Health Business article on CVS investments

Andrew Holm, who has been a transaction advisor with Physician Growth Partners since 2018, was quoted extensively in a recent Behavioral Health Business article titled, “CVS Places Bets on Array, Carbon. What Does That Mean for Its Future Behavioral Health Efforts?”

Andrew commented on the status of the behavioral health market and the strategy behind CVS’s recent moves:

“Large payers, health systems and retail giants are all seeing the same tailwinds in the behavioral space. Behavioral care is perhaps the most suited to digital and telehealth deployment of all medical specialties, and there is a huge need nationally. Any company able to provide a solution to the care access problem will quickly become a leader in the space. CVS hasn’t historically had a robust behavioral solution, so investment in the space is a logical expansion of their capabilities and service offering.”

Andrew has served as a board observer to two behavioral health businesses that PGP has invested in. He has also worked with several psychology and counseling practice transactions involving private equity. To read the full article, please visit the Behavioral Health Business website at this link.