News and Announcements

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River Cities Capital Partner Talks About Health Care Investments

David A. MannReporter- Business First If the problem in health care is rising costs, then what is the solution? That question bounced around the room as I sat in on a panel discussion on health care this morning at the Mid-South ACG Capital Connection conference in Louisville. Davis Griffin, a venture partner at Cincinnati-based River […]

TissueTech, Inc. Receives $10 Million in Growth Equity Financing

TissueTech, Inc., the industry leader in regenerative tissue engineering, announced the completion of a $10 million round of growth equity financing from Ballast Point Ventures and River Cities Capital Funds.

Walgreens Chief Strategy Officer Joins Health Integrated Board of Directors

Brad Fluegel brings integrated care vision and healthcare business strategy to innovative healthcare management company board.

Treasurer Cowell visits Raleigh-based StepLeader, an NC Innovation Fund portfolio company

StepLeader, an innovative mobile app developer and advertisement platform, recently received an investment from one of North Carolina Innovation Fund’s (NCIF) private equity managers, River Cities Capital Funds (River Cities).

Smartphone Owners Turn to Local TV News Apps: Stepleader Featured

As local digital news becomes a more competitive space—with Google showing signs of venturing into the market, alongside longstanding local news outlets and Patch.com’s network of sites—mobile is becoming an increasingly important place where consumers look to get their local news fill.

Knoxville Company Successfully Achieves Commercial Use of its Next-Generation Biomarker Generator

ABT Molecular Imaging, Inc., in Knoxville, TN, has successfully achieved the installation and clinical use of its next-generation Biomarker Generator by the Sveta Marina University Hospital in Bulgaria. ABT’s next-generation product integrates a compact accelerator and micro-chemistry with integrated quality control, for single-dose biomarker production.

Ohio Manufacturers Partner with NineSigma to Accelerate Growth Through Open Innovation

Middle market organizations leverage Ohio’s Third Frontier Program to sustain leadership in increasingly competitive markets.

Securing Different Forms of Internal Clinical Communication

PerfectServe provides a means to standardizing secure communication methods within healthcare organizations.

KishHealth System Selects PerfectServe Clinician-to-Clinician Communications Platform

Leading quality-centric health dystem implements PerfectServe for improved care coordination, efficiency and physician and patient satisfaction.

River Cities Announces Sale of Pioneer Surgical Technology, Inc.

River Cities’ portfolio company Pioneer Surgical Technology sold to RTI Biologics Inc. (Nasdaq:RTIX), a provider of orthopedic and biologic implants, for $130M. Michigan-based Pioneer is a leading medical technology company serving the orthopedics, biologics, spine, trauma and cardiothoracic markets.

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