Case Study

PMC Regional Hospital

New Albany, Indiana

About This Investment

PMC Regional Hospital was a 51,272-square-foot surgical hospital located in New Albany, Indiana, originally constructed in 2008 and expanded in 2017. The facility operated eight surgical suites, 300 free surface parking spaces, and a full clinical infrastructure designed to deliver high-acuity surgical care to the southern Indiana and Louisville metropolitan region. The investment was successfully exited in 2022.

PMC Regional Hospital is the founding investment behind Apta Investment Group. Vasu Kakarlapudi, MD, MBA, spearheaded the vision and investment strategy for the hospital, assembling a group of surgeons united by a common goal: delivering superior patient care through a facility they owned and operated, while creating a durable and profitable investment vehicle aligned with their professional expertise. This is the investment that proved the thesis behind everything Apta does today.

The 2017 expansion increased the facility’s capacity and operational efficiency, strengthening its competitive position in the regional healthcare market and attracting additional top-tier surgeons and specialists. By aligning the clinical and financial interests of the physician owners, the hospital achieved sustained revenue growth, improved patient outcomes, and built a reputation as one of the premier surgical destinations in the region.

The investment demonstrated that physicians who apply the same precision and discipline to their investment decisions that they bring to surgery can achieve exceptional outcomes for themselves and for the patients they serve. PMC Regional Hospital remains the clearest expression of Apta’s founding principle: practice medicine by choice, not obligation.

Investment Highlights

Physician-Led Investment

Conceived and executed by Vasu Kakarlapudi, MD, MBA, and a group of surgeon co-investors, align

Surgical Hospital Platform

An eight-operating-room facility purpose-built for high-acuity surgical care, serving the growing healthcare needs of southern Indiana and the Louisville metro.

Strategic 2017 Expansion

A capacity expansion nearly doubled the facility’s footprint, improving operational efficiency, attracting additional specialists, and strengthening market position.

Aligned Physician Ownership

By structuring the investment around physician owners, PMC aligned clinical and financial incentives in a way that improved both patient outcomes and investment performance.

Regional Market Leadership

The expansion positioned PMC as a leading surgical destination in the region, generating sustained revenue growth and a strengthened competitive position through exit.

Full Cycle Realization

Acquired in 2008, expanded in 2017, and successfully exited in 2022, representing a complete investment cycle from founding vision to realized return.

51,272 RSF

Total Building Size

8

Surgical Operating Rooms

2022

Year of Exit

PMC Regional Hospital — Realized Exit

This investment has been fully realized. PMC Regional Hospital was offered exclusively to accredited investor physicians through Apta Investment Group’s founder-led investor network and was successfully exited in 2022.

The facility comprised 51,272 rentable square feet of purpose-built surgical infrastructure, including eight fully equipped operating rooms, clinical support spaces, and patient care areas designed to the standards required for high-acuity surgical procedures. The 2017 expansion added significant capacity, modernized the facility’s operational layout, and enabled the recruitment of additional specialists across key surgical disciplines.

Located in New Albany, Indiana, directly across the Ohio River from Louisville, Kentucky, the hospital served a broad regional catchment area drawing patients from southern Indiana and the greater Louisville metropolitan market. Three hundred free surface parking spaces supported patient and staff access across the full scope of the facility’s surgical and clinical operations.

 

Property Type Surgical Hospital
Building Size 51,272 Rentable Square Feet
Operating Rooms 8
Parking 300 Free Surface Spaces
Year Built 2008
Expansion 2017
Location New Albany, Indiana
Year of Exit 2022
Status Fully Realized

 

For accredited investors only. This is not an offer to sell securities.

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This investment is closed. To learn about current and future opportunities, we welcome a conversation.

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