Excellere Partners

Key Information

Company Name
Advanced Pain Management

Industry
Healthcare Services

Company Headquarters
Milwaukee, WI

Investment Date
May 2008

Website
www.apm-wi.net

Portfolio : Advanced Pain Management

Overview
Advanced Pain Management (“APM”) is a Milwaukee-based, leading provider of interventional pain management services throughout Wisconsin. APM has the expertise to diagnose and treat a broad range of pain conditions, including pelvic, spine, neck, hip, cancer, diabetes, and obesity-related pain.

Top Down Investment Thesis
Chronic pain is estimated to cost the U.S. economy $90 to $100 billion per year. Costs continue growing due to increasing obesity, the aging population, and overall poor lifestyles. Interventional pain management (“IPM”) is a multidisciplinary approach for managing and eliminating pain and became more visible when it was granted a medical sub-specialty from the Centers for Medicare and Medicaid Services in 2003.

Interventional pain management develops customized plans, and uses minimally invasive outpatient procedures, such as nerve blocks, epidurals, and implants to help patients manage or eliminate pain. IPM is an attractive alternative to higher-risk heavy drug regimens that simply mask the pain or costly surgeries that require lengthy recovery and questionable long term outcomes. As a result, IPM offers an excellent value proposition to the patients, referring physicians, and payors

Buy and Build Strategy
The IPM industry is highly fragmented, containing numerous small physician practices throughout the United States. This affords APM the opportunity to support its position as a regional industry leader, continue building its brand, and become the partner of choice for pain interventionalists. APM seeks to partner with interventional pain management practices that share a similar philosophy of providing the highest level of care to its patients and referring physicians.

To learn more about Advanced Pain Management, please call David Kessenich at (303) 765-2405, Matt Hicks at (303) 765-2410, or Lindsay Lewellen at (303) 765-2413.