One of the most prominent equity analysts in Nashville has left Avondale Partners to work for a publicly traded medical helicopter company.
Kevin Campbell started work last month as senior vice president of process improvement at Air Methods Corp. in Denver. At the company, which runs more than 300 operating bases in 48 states, Campbell is developing and implementing total quality processes, policies and procedures to improve the company's operational practices.
Campbell had been one of the main faces of West End-based Avondale for more than eight years by virtue of his coverage of the high-profile hospital sector. He was named "Best on the Street" in 2011 for his work and also analyzed about a dozen other firms, including locals Acadia Healthcare and Corrections Corp. of America as well as Air Methods.
That coverage universe has been divvied up three ways: Paula Torch (right), who joined Avondale in late 2012, has taken over the hospital and behavioral sectors, while Brian Hoffman now covers CCA and rival GEO Group. Thirdly, veteran analyst Richard Close has taken on the coverage of other providers, including Air Methods. Close also has been tapped to lead the firm's health care group.
"You hate to lose someone like Kevin, but I suppose it's a compliment when you lose him to a client," said Avondale CEO Pat Shepherd. "But Paula has been a publishing analyst before [...] We knew she had the skill set and we'd been trying to find the right place for her. This is a terrific move for us and for her."
Shepherd and his team recently beefed up their health care industry coverage with the addition of senior analyst Don Ellis, who is covering specialty pharmaceuticals and biopharmaceuticals.
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