ClearSky Health

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ClearSky Health - overview

Established

2019

Location

Austin, TX, US

Primary Industry

Healthcare

About

ClearSky Health is a healthcare provider specializing in rehabilitative services aimed at enhancing the recovery of patients with disabling injuries or illnesses through tailored inpatient and outpatient care. Founded in 2019, ClearSky Health focuses on delivering specialized rehabilitative healthcare services. The company was launched through the collaborative efforts of Blue Wolf Capital Partners and Peloton Equity, alongside company management. The headquarters is located in Austin, US.


The CEO team includes Aaron Lopez, Angela Williams, Darby Brockette, Ed Hardy, Glenn Piche, Julie Hauk, Rene Canas, and S Bailey. ClearSky Health has completed one deal as of April 29, 2019. ClearSky Health specializes in rehabilitative healthcare services aimed at transforming the lives of individuals with disabling injuries or illnesses. Their core product offerings include inpatient rehabilitation, outpatient rehabilitation, and post-discharge care, designed to aid patients recovering from conditions such as strokes, brain injuries, spinal injuries, and other medically-complex situations.


The inpatient rehabilitation facilities provide specialized care tailored to the individual goals and abilities of each patient, while outpatient services help individuals who do not require hospitalization but still need support in their recovery journey through physical therapy, occupational therapy, and speech pathology. ClearSky Health serves a variety of patient demographics, including those in underserved areas across multiple states, ensuring access to high-quality rehabilitative care. ClearSky Health generates revenue through a structured model that includes direct patient care services and care coordination after discharge. The company primarily engages in business-to-consumer (B2C) transactions, delivering rehabilitative services directly to patients and collaborating with healthcare providers and facilities to ensure continuity of care.


Revenue is realized through the reimbursement of healthcare services provided in its inpatient and outpatient settings, with patients typically covered by various insurance plans. The organization focuses on establishing partnerships that enhance service delivery, allowing for comprehensive care packages that address each patient’s unique needs. Additionally, ClearSky Health may benefit from performance incentives tied to quality outcomes, fostering an environment where excellence in patient care translates into financial sustainability. ClearSky Health is focused on expanding its operations and enhancing its service offerings.


In April 2019, the company was launched with the goal of acquiring additional inpatient rehabilitation facilities and post-acute services companies, leveraging recent funding from its partnership with Blue Wolf Capital Partners and Peloton Equity. The funds will support initiatives aimed at future acquisitions within the rehabilitative healthcare sector, with a strategy to enhance their market presence and service capabilities.


Current Investors

Blue Wolf Capital Partners, Peloton Equity

Primary Industry

Healthcare

Sub Industries

Clinics/Outpatient Services

Website

www.clearskyhealth.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

ClearSky Health - 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-onCompletedFour Texas and Louisiana-based IRFs and related real estate from Maxim Mangement aGroup, LLC-
BuyoutCompletedClearSky Health-

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ClearSky Health - employee data

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