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Bailey & Company Advises Burrows Consulting on its Acquisition by VMG Health

NASHVILLE, TN (February 3, 2026): Bailey & Company announced today that it served as financial advisor to Burrows Consulting on its acquisition by VMG Health, a portfolio company of Incline Equity Partners.
This strategic move reinforces VMG Health’s commitment to supporting healthcare providers as they face mounting pressures to grow revenue, contain costs, and improve performance.
The acquisition expands VMG Health’s national presence and opens new opportunities for VMG Health to serve community-based healthcare organizations more comprehensively. Many of the organizations Burrows Consulting serves have needs that align closely with VMG Health’s existing service lines, allowing the combined firm to deliver integrated solutions that address both financial sustainability and operational performance.
“Burrows Consulting is a unique organization, focused on helping its clients navigate the complexities of federal healthcare programs, including Medicaid, 340B, FQHC, and others,” said Andy Hewlett, Managing Director at Bailey & Company. “ The combination with VMG Health creates new opportunities to provide value-add consulting to its clients, and expand into rural and underserved end markets.”
“We are thrilled to welcome Burrows Consulting to the VMG Health family,” said Wes Champion, VMG Health Chief Executive Officer. “Their expertise in funding strategy and reimbursement optimization for community-based healthcare organizations aligns perfectly with our mission to deliver meaningful, measurable impact for the providers we serve. Together, we will strengthen our ability to support rural health clinics and community health centers, organizations that are critical to expanding access to care across our communities.”
Based in Indiana, Burrows Consulting brings deep expertise in Federally Qualified Health Centers (FQHCs) and FQHC lookalike development, grant writing, reimbursement optimization, and federal and state program navigation. Their work has helped community-based healthcare organizations secure vital funding, enhance compliance, and expand services to underserved populations across the nation.
“Joining VMG Health allows us to deliver even greater value to the community-based organizations we serve,” said Elizabeth Burrows, Burrows Consulting Founder & CEO. “By combining our expertise in federal funding and reimbursement with VMG Health’s comprehensive consulting capabilities, we can help community healthcare clinics achieve both financial sustainability and operational excellence. We’re excited to grow our impact and continue our mission of expanding the accessibility of healthcare to diverse populations.”
This partnership brings together Burrows Consulting’s specialized experience in community health funding and program development with VMG Health’s comprehensive expertise across healthcare transactions, compliance, and strategic consulting. The acquisition was effective December 23, 2025.
ABOUT BURROWS CONSULTING
Burrows Consulting believes that everyone should have access to high-quality healthcare. Through its consulting services, from 340B consulting to Medicare and Medicaid reimbursement, Burrows Consulting’s mission is to help healthcare centers and hospitals achieve financial success to better serve their communities.
ABOUT VMG HEALTH
VMG Health is the leading healthcare consulting firm for business performance. Since 1995, the firm has designed its business to address any strategic, regulatory, or operational challenges that affect quality, profitability, and growth. With eight offices and over 300 dedicated professionals representing an extensive array of credentials nationwide, VMG Health provides the expertise its clients can rely on.
CONTACT INFORMATION
Andrew Hewlett
Managing Director
ABOUT BAILEY & COMPANY
Bailey & Company is a Nashville-based merchant banking platform focused on middle market healthcare companies in the healthcare services, healthcare technology, payer services and pharma services/medtech/life sciences sectors. As one of the largest independent, sector-focused investment banking and investing platforms in the country, Bailey & Company supports strong management teams that have built scalable platforms by providing strategic insights, world-class advice and access to one of the most diverse networks of industry experts. For more information see: www.bnco.com