CardioSolution, LLC
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CardioSolution, LLC - overview
Established
2011
Location
Cincinnati, OH, US
Primary Industry
Outsourcing
About
Based in the US, CardioSolution, LLC specializes in healthcare staffing solutions, particularly within cardiology and anesthesiology, aimed at enhancing patient access and outcomes in underserved communities. CardioSolution, LLC provides staffing solutions focused on cardiology and anesthesiology. Founded in 2011 and headquartered in Cincinnati, US, the company has undergone strategic changes to enhance its service offerings. Perrin Peacock, the founder, has an extensive background in healthcare management.
In March 2021, CardioSolution merged with trustaff Management, LLC, Fastaff, LLC, U. S. Nursing Corporation, and Stella. ai, Inc.
to form Ingenovis Health, Inc. , aiming to expand their service capabilities. The company has been involved in 2 deals, with the most recent deal occurring on March 31, 2021. CardioSolution focuses on delivering healthcare job solutions that cater to hospitals, particularly in cardiology and anesthesiology.
Their services include expert consulting, service line development, and operational support designed for healthcare facilities, especially in underserved communities. The company aims to improve patient outcomes by optimizing healthcare delivery processes and serves a broad clientele that spans various regions across the United States. CardioSolution's revenue model is built on partnerships with healthcare facilities and direct service provision to clinicians. The company operates through structured agreements with hospitals for consulting and operational support services, typically structured on a fee-for-service basis.
Their revenue is generated through direct contracts with healthcare institutions for tailored staffing solutions in anesthesiology and cardiology departments. Following the merger on March 31, 2021, CardioSolution plans to leverage its combined resources to develop a technology-driven healthcare staffing platform utilizing data science and automation. The company aims to expand its offerings into new geographic regions, although specific markets have not been disclosed. Recent funding from the merger will support these initiatives, allowing CardioSolution to address healthcare gaps and improve service availability across its target regions.
Current Investors
Ingenovis Health, Inc.
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Human Resources Services, Hospitals, Cardiology
Website
www.cardiosolution.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
CardioSolution, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | CardioSolution, LLC, Fastaff, LLC, Stella.ai, Inc., trustaff Management, LLC, U.S. Nursing Corporation | - | ||||||||
| Recapitalisation | Completed | CardioSolution, LLC | - |
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