MURFREESBORO, Tenn. – TwelveStone Health Partners, a prominent provider of comprehensive chronic care medication services, announced a significant investment from Heritage Group. This financial backing is set to accelerate the expansion of TwelveStone’s Infusion Center services across the southeastern United States, enhancing patient access and care for those with complex conditions.
This strategic investment from Heritage Group aligns perfectly with TwelveStone Health Partners’ rapid growth trajectory. The healthcare industry is currently experiencing tailwinds that favor accessible, cost-effective care sites and improved patient experiences, positioning TwelveStone strongly for continued success and expansion in the specialized infusion services market.
“At 12 Stone Health Partners, our core mission is to provide unwavering support to communities and patients navigating the challenges of complex, chronic conditions,” stated Shane Reeves, Chief Executive Officer of TwelveStone Health Partners. “This crucial investment will empower us to extend the exceptional service delivery of our dedicated care team to a greater number of individuals across the southeast region who are in need of enhanced support and specialized care.”
TwelveStone Health Partners delivers holistic pharmacy solutions tailored for individuals managing intricate and chronic health conditions. Their comprehensive suite of services includes ambulatory infusion centers, home infusion therapy, and efficient packaged medication delivery. These integrated offerings are designed to improve patient access to vital treatments, ensure medication adherence, and significantly enhance the overall patient experience. Since launching its innovative ambulatory infusion center model in 2019, TwelveStone Health Partners has witnessed substantial growth, firmly establishing itself as a leading and differentiated provider within the specialty infusion landscape.
Jesse Bland, Partner at Heritage Group, expressed enthusiasm about the new partnership, stating, “We are incredibly excited to partner with 12 stone health partners and contribute to transforming the patient experience within specialty infusion services. The demand for these specialized services remains strong, and TwelveStone is exceptionally well-positioned to thrive and lead as the market continues its dynamic evolution.”
About TwelveStone Health Partners
TwelveStone Health Partners integrates a mission-driven approach, aiming to glorify God by delivering superior service to both partners and patients. The organization is committed to facilitating seamless transitions for patients moving from acute to post-acute care settings and supporting their journey from illness towards improved health. The company’s history reflects significant evolution, starting in 1980 with a single retail pharmacy founded by Richard Reeves and Ronald Powell, known then as Reeves Powell Saveway Drug Store. In 1994, Shane Reeves and Rick Sain launched Reeves-Sain, expanding it into a group of seven companies over two decades. In 2015, Reeves Sain Drug Store, Inc., including its retail and specialty pharmacy EntrustRx, was acquired by Fred’s, Inc. Shane Reeves established 12 stone health partners in 2016, continuing the founders’ legacy of pursuing the highest standards in professional, business, and community engagement. For further details, please visit www.12stonehealth.com.
About Heritage Group
Heritage Group, based in Nashville, Tennessee, is a healthcare-focused private equity firm with over 35 years of experience in financing and operating healthcare businesses. Managing over $700 million in assets, Heritage Group focuses on both majority and minority investments in high-growth healthcare service and technology companies that are actively addressing the evolving challenges within the U.S. healthcare system. The firm’s limited partners include some of the nation’s foremost healthcare organizations, encompassing major provider systems, payers, and healthcare service providers, collectively managing over 600 hospitals and insuring more than 45 million individuals. More information is available at www.heritagegroupusa.com.
SOURCE TwelveStone Health Partners
