# Altus Health Altus Health is an Asset Manager based in Houston, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** Houston, United States - **Region:** North America - **Address:** Pearland, TX, United States - **Founded:** 2003 - **Assets under management:** Undisclosed - **Website:** altushealthsystem.com - **LinkedIn:** https://www.linkedin.com/company/altus-healthcare-management-services ## Regulatory record - **Reports private funds:** No ## About Altus Health is a healthcare services provider founded in 2004 in Pearland, Texas. The company offers various services, including surgery, imaging, sleep, cancer, emergency center, hospice, medical equipment, homecare, hospital, and infusion. ## Sectors - Healthcare Services ## Questions ### What is Altus Health's acquisition strategy for freestanding emergency rooms? Altus Health consolidates freestanding emergency rooms in Texas through targeted acquisitions of regional competitors. Notable transactions include the 2018 purchase of Neighbors Emergency Centers, adding six locations, the 2021 acquisition of six Austin-area ERs and one urgent care, and the 2023 acquisition of 14 Exceptional Emergency Center sites that brought the network to 27 facilities. The strategy targets immediate geographic density within Texas rather than interstate expansion. ### Which healthcare verticals has Altus Health built and exited? Altus Health's realized exits include Altus Infusion, a rheumatology infusion provider scaled from $5 million to $210 million in revenue across 22 states before a 2018 sale to a healthcare private equity firm at a 9.2x multiple on invested capital. Altus Hospice and Home Health became the largest privately held post-acute provider in Texas over seven years before a strategic sale. The Pine Peak Healthcare hospital platform, then the largest privately held hospital group in Texas, was divested in 2021 at a 1.3x multiple. ### Does Altus Health invest outside of Texas? Altus Health's emergency room and hospital operations remain concentrated in Texas, where the firm operates 27 freestanding emergency rooms and micro-hospitals. The Altus Infusion business scaled across 22 states before its exit in 2018, demonstrating a willingness to expand ancillary service lines nationally once a model is proven in the Texas market. The core facility-based strategy, however, has not pursued out-of-state physical sites. ### Who runs investment decisions at Altus Health? Investment decisions are made within ZT Corporate, the Houston-based private equity firm that owns Altus Health and has invested in and scaled healthcare businesses for more than 25 years. Altus Health operates as the healthcare operating company, managing clinical and facility operations rather than direct investment allocation. The principals making portfolio-level capital decisions for ZT Corporate are not publicly disclosed on Altus Health's materials. ### How did Altus Health's real estate exit in 2023 change its operating model? The 2023 real estate exit separated the physical property underlying Altus Community Healthcare's 27 emergency room sites from the operating business. This transaction monetized the owned real estate while preserving Altus Health's clinical operations and lease arrangements. The move mirrors a common healthcare services strategy of unlocking property value while maintaining operational control, though the specific buyer and structure were not disclosed. ### What is Altus Health's relationship to the former Neighbors Emergency Centers? Altus Health acquired six Neighbors Emergency Centers locations in 2018 and subsequently consolidated them under the Altus Community Healthcare brand in 2020 alongside its own Altus ERs and hospitals. The acquired Neighbors sites were integrated into the broader freestanding emergency room network, which has since grown to 27 Texas locations through additional acquisitions in Austin and from Exceptional Emergency Center. ## Related profiles - [Hudbay Minerals](https://altss.com/profile/hudbay-minerals-inc) - [Advanco](https://altss.com/profile/advanco-sa) --- Last updated: 2026-07-10T19:29:19.000Z Canonical page: https://altss.com/profile/altus-health Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology