Cain Brothers Experience
Carsten Beith joined Cain Brothers in 1993 to open the firm’s Chicago office. With over 28 years’ experience, Carsten has focused on a broad range of transactions covering hospitals and health systems, academic medical centers, physician groups, managed care organizations, and other health care service providers. His engagements have included sales, acquisitions, mergers, equity recapitalizations, joint ventures, joint operating agreements, restructurings, and other unique arrangements tailored to meet the objectives of each specific situation. Notable and innovative transactions include UVA Health’s acquisition of Novant Health’s ownership in UVA Health System, the sale of CareMount Medical to Optum/UnitedHealth Group, Orlando Health’s acquisitions of Bayfront Health St. Petersburg and St. Cloud Regional Medical Center, the acquisition of Rockwood Health System from CHS by MultiCare, and the merger of Summit Medical Group and CityMD. Carsten is a frequent speaker and author of articles on healthcare industry mergers and acquisitions and strategic capital insights published in leading healthcare finance journals.
Prior to joining Cain Brothers, Carsten was with Unibank A/S, a predecessor bank to Nordea Bank, in New York, where he was responsible for healthcare lending. Prior to Unibank, he started his career with Arthur Andersen & Co., where his healthcare work included hospital audits, feasibility studies, and merger and acquisition advisory services.
Carsten earned an MBA in Finance from New York University’s Stern School of Business and is an Honors College graduate of Michigan State University. Carsten holds a CPA license.