Today, Boncura serves more than 5,500 physician providers and partners, managing upwards of 350,000 lives, and processing more than seven million claims annually.ДЄres Management, L.P. Since its inception in 2011, Boncura Health Solutions has remained a physician-owned and directed organization aimed at improving patient outcomes, efficiently managing at-risk populations to reduce unnecessary healthcare costs, delivering services in a cost-effective manner, and providing unique and convenient ways for patients, providers, and clients to access key support services.В Its expertise allows hospitals and health systems, independent physician groups, and accountable care organizations to provide value-based care through efficient and intelligent administrative and clinical services. For more information, visitВ About Boncura Health Solutions DMG is a patient-centered organization focused on improving access to convenient, quality health care using the latest technology and treatment options. More importantly, we are well positioned to expand and enhance our management service offerings and continue providing our patients the highest quality care.вЂќДЇounded in 1999, DuPage Medical Group is the largest independent, multi-specialty physician group with more than 600 physicians in over 80 suburban Chicago locations. вЂњOur partnership with Ares will allow us to maintain our physician-oriented culture and clinical autonomy. Paul Merrick, President and Chairman of DMG. вЂњWe are extremely excited to welcome Ares as our partner, as DMG continues to grow to become the best group for all physicians and patients both within the Chicago area as well as nationally,вЂќ commented Dr.

This growth will allow DMG to enhance its integrated outpatient delivery model and further enhance its efforts to provide quality, efficiency and access to patients. Kasper specified that DMG patients should expect to see additional service lines, sites of care and physicians as a result of the partnership. We believe this endeavor will ultimately enhance our ability to reach and treat patients.

This partnership, which will particularly benefit our subsidiary Boncura, provides unprecedented access to capital and strategic backing for DMGвЂ™s growth initiatives, such as population health, expansion into new geographies and additional service offerings. вЂњAres understands and supports our core mission, which is to maintain and enrich our patient-focused, doctor-directed culture. вЂњAs DMG continues to grow in size and scale, it is critically important for our organization to remain independent and physician-led,вЂќ said DMG CEO Mike Kasper. As part of its investment, Ares also acquired Summit PartnersвЂ™ stake in DMG Practice Management Solutions, and Summit will exit as an investment partner. Under the terms of the transaction, DMGвЂ™s physician group, DuPage Medical Group Ltd., will remain 100% physician-owned-and-directed, and DMG physicians will retain a significant ownership stake in the practice management company. The $1.45 billion transaction closed on August 15, 2017. The investment by Ares will enable continued support for growth initiatives across the entire organization, including DMGвЂ™s practice management company, DMG Practice Management Solutions, and DMGвЂ™s subsidiary, Boncura Health Solutions. (NYSE:ARES), the global alternative asset management firm. & LOS ANGELESвЂ“(BUSINESS WIRE)вЂ“DuPage Medical Group, one of the nationвЂ™s largest independent, multi-specialty physician groups, announced the closing of a strategic partnership with funds managed by the private equity group of Ares Management, L.P. Buyouts reported AresвЂ™s acquisition of DuPage last month.ДOWNERS GROVE, Ill. DuPage Medical, of Downers Grove, Illinois, is an independent, multi-specialty physician group. Ares Management LP is buying DuPage Medical Group in a deal valued at $1.45 billion.

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