[3] Council Capital invests in "growth and early-growth stage health care companies.
[4] In 2011, it invested in Payment America Systems Inc., a healthcare company which provides "total revenue cycle management" of "patient-responsibility receivables.
"[3] It invested US$3.25 million in Ingenious Med, a healthcare software company headquartered in Atlanta, Georgia, in 2011.
[5] By 2014, after vastly expanding its marketshare, including selling its product to the Hospital Corporation of America, Council Capital sold its stake to North Bridge Growth Equity, a private equity firm based in Massachusetts.
[5] In 2013, the firm acquired a majority stake in TMG Gases, a medical gas (including oxygen) company.