Consonance Capital Announces Sale of KEPRO

 

KEPRO pic

KEPRO
Image: KEPRO.com

Noted as the first physician to be a private equity investor in health care, Mitchell Blutt served as an executive partner at JPMorgan Partners prior to founding Consonance Capital, where he serves as CEO. Mitchell Blutt’s New York-based company invests in private health care firms situated in the lower middle market.

Pennsylvania-headquartered KEPRO was one of the companies in which Consonance Capital invested. KEPRO was founded by physicians in 1985 to provide care management and quality improvement solutions to lessen the unwarranted use of health care resources and improve patient outcome. Consonance Capital invested in KEPRO in 2014 and helped the company grow both organically and through acquisition.

With Consonance Capital’s investment, KEPRO purchased APS Healthcare, increased its national presence, added new customers, and introduced new services. Since its founding, KEPRO has helped 20 million people live healthier lives.

In May 2017, Consonance Capital announced that it had sold KEPRO, with terms undisclosed.

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Team Fox to Participate in Upcoming Rock n’ Roll Marathon Series

 

Rock ‘n’ Roll Marathon Series pic

Rock ‘n’ Roll Marathon Series
Image: fundraise.michaeljfox.org

The first physician to launch a successful career in the healthcare investment sector, Mitchell invests in healthcare companies as the founder of Consonance Capital in New York. Mitchell Blutt also formerly served on the board of directors for the Michael J. Fox Foundation, which welcomes members of the public to contribute toward finding a cure for Parkinson’s by joining Team Fox for athletic events such as the 2017 Rock ‘n’ Roll Marathon Series.

The Rock ‘n’ Roll Marathon Series began with the simple idea of a marathon with bands positioned along the course to cheer on participants. Celebrating its 20th year, the event has grown into a nationwide series of marathons consisting of a weekend of entertainment and runs to support participating charities. The world-class Health and Fitness Expo takes place alongside the marathon. The event concludes with a concert featuring big name musical performers.

Team Fox will participate in two upcoming marathons in the 2017 Rock n’ Roll Series: one in Brooklyn, New York, on October 14 and one in San Antonio, Texas, on December 2 through December 3. Runners who become a member of Team Fox will receive guaranteed entry into the race, running singlet for race day, and a personal fundraising page. Runners must commit to a specific fundraising goal based on race participation and those who meet their goal will receive a commemorative medal.

New Parkinson’s Disease Research Maps Out Inhibitory Processes

Neurotransmission pic

Neurotransmission
Image: oist.jp

As CEO of Consonance Capital, Dr. Mitchell Blutt guides private equity funds and health care investments. Community focused, Dr. Mitchell Blutt supports a number of nonprofits and is a past board member of the Michael J. Fox Foundation, which is working to find a cure for Parkinson’s disease.

Impacting 10 million people across the globe, Parkinson’s disease is a neurological condition that results in deterioration of physical function, with uncontrollable tremors leading to nerve cells misfiring and dying within the brain. Still incurable, Parkinson’s disease is not fully understood by medical researchers.

A recently published study by the Okinawa Institute of Science and Technology Graduate University revealed the protein that blocks the proper transmission of neural signals that underpin higher brain functioning. Neurotransmission enables neurons to communicate signals effectively and transfer them in ways that allow seamless sensory motor functioning.

The chemical messengers contained in vesicle endocytosis within the nerve terminal are essential in transmitting neurological signals. When the process of endocytosis is inhibited during times of heavy use, processes breakdown and sensory perception of motor control is affected. Understanding this inhibitory process promises to offer a vital step toward tailoring treatments to actual neurological conditions in ways that have a positive for among patients.

Therapies Available to Treat Parkinson’s Disease

Mitchell Blutt

Mitchell Blutt

Healthcare investment professional Dr. Mitchell Blutt founded Consonance Capital in 2005 and has served as its CEO since then. An active member of the healthcare community, Dr. Mitchell Blutt has been involved with various healthcare foundations such as the Michael J. Fox Foundation.

Each year, the Michael J. Fox Foundation works toward the goal of curing Parkinson’s disease by funding crucial research and supporting the creation of innovative therapies. Focused primarily on improving the lives of Parkinson’s patients, the organization also provides all the information individuals need to understand their various treatment options.

Medication is one of the first therapies physicians recommend to those living with Parkinson’s disease. Though these prescriptions help lessen symptoms of the condition, they cannot slow or reverse the disease itself. In general, Parkinson’s disease medications target two sets of symptoms: motor and non-motor. The former helps alleviate the muscle tremors and sluggishness that the condition manifests in patients. The latter complements physical treatment by providing relief from symptoms such as sleep deprivation and depression.

When medications are not enough to help patients manage their symptoms, physicians often will turn to deep brain stimulation as an alternative method of treatment. Those who receive this therapy must undergo a surgical procedure in which they receive electrode implants in their brain. By connecting to an external device, these electrodes administer small pulses to the parts of the brain that generate motor symptoms.