CHICAGO – January 25, 2012; City Capital Advisors, LLC, a Chicago-based middle market investment bank, announced today that Irwin Press, co-founder of Press Ganey Associates, has joined the firm as an Operating Director. “We are delighted to have Irwin Press as part of our team,” said Dick King, co-founder of City Capital. “His experience and expertise in helping healthcare organizations improve clinical and business outcomes will be an enormous resource to our healthcare clients.” Press Ganey is the global leader in patient satisfaction research, providing more than 10,000 healthcare organizations worldwide with healthcare solutions designed to help improve quality, maximize productivity, optimize reimbursement and increase market share. In the U.S., Press Ganey works with 50 percent of the nation’s hospitals, which in turn account for 66 percent of all U.S. hospital admissions. “Irwin Press will have valuable perspective for companies throughout the healthcare sector,” added Mark Timmerman, City Capital co-founder, “Quality, productivity, reimbursement and market share are areas of interest to virtually all of the healthcare companies we work with.” Since retiring from Press Ganey, Irwin Press has remained on the forefront of patient satisfaction research, authoring Patient Satisfaction: Understanding and Managing the Experience of Care and contributing to Modern Healthcare magazine.
About City Capital Advisors, LLC
City Capital Advisors is a FINRA and SIPC registered investment bank that was founded on the principle that senior level experience and expertise are the most valuable resources in middle market investment banking and that they are best applied to client transactions directly, consistently and without interruption. City Capital’s senior professionals have collectively completed more than 500 merger, acquisition and financing transactions totaling more than $60 billion in value.