CareSouth Health System

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CareSouth Health System - overview

Established

1995

Location

Augusta, GA, US

Primary Industry

Healthcare

About

CareSouth Health System specializes in providing personalized home healthcare services, delivering skilled nursing, physical therapy, and support to patients recovering in the comfort of their own homes. Founded in 1995 and headquartered in Augusta, US, CareSouth Health System focuses on delivering home health services. The company was acquired by Capitol Partners in March 1998. Details about the founder are not available.


CareSouth offers a comprehensive suite of healthcare services primarily focused on delivering personalized home health care. Their core offerings include skilled nursing, physical therapy, and home health aide services, which cater to patients recovering from surgery or managing chronic conditions. CareSouth serves markets across the southeastern United States, including Louisiana, Mississippi, and Alabama, providing quality care to elderly individuals, post-operative patients, and those with mobility challenges. CareSouth generates revenue through direct service contracts with patients and partnerships with healthcare organizations, employing a fee-for-service model.


Clients pay for specific services such as skilled nursing or therapy sessions. CareSouth's revenue is primarily driven by flagship services like skilled nursing and personalized therapy sessions, supported by partnerships with hospitals and rehabilitation centers that refer patients to their home health services. CareSouth is strategically focused on expanding its service offerings and geographic reach. The company plans to introduce new healthcare services aimed at enhancing patient recovery and support, although specific launch dates were not disclosed.


Additionally, CareSouth is looking to enter new markets within the southeastern United States to cater to a broader patient base. The acquisition by Capitol Partners in March 1998 is expected to support these growth initiatives, enabling CareSouth to enhance its operations and service delivery.


Current Investors

Capitol Partners

Primary Industry

Healthcare

Sub Industries

Hospitals

Website

www.caresouth.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

CareSouth Health System - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHealth at Home-
Add-onCompletedRutherford, Polk, McDowell Home Health-
Add-onCompletedFamily Care, Inc.-
Add-onCompletedCalvert Health Partners, LLC-
Add-onCompletedTotal Home Health Care-

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CareSouth Health System - employee data

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