Waud Capital Partners, a Chicago-based private equity firm, has formed Fusion Health in partnership with healthcare executives Bales Nelson and Allen Dye.

Fusion Health will offer staffing services to healthcare facilities, providers and health plans, working to help with a variety of episodic clinical resource needs through technology-focused services. In connection with the formation of Fusion Health, the company acquired a majority stake in Fusion Healthcare Staffing, a provider of staffing services to hospitals and healthcare providers across the U.S. Nelson will serve as chief executive officer of Fusion Health and Dye will serve as president.

“Together, we believe that we will create a leading platform delivering innovative service offerings to address complex clinical staffing needs for customers across the healthcare continuum,” states Nelson.