Clinical Care Medical Centres
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Clinical Care Medical Centres - overview
Established
1997
Location
Miami Beach, FL, US
Primary Industry
Healthcare
About
Clinical Care Medical Centres, based in Miami Beach, US, specializes in providing a comprehensive range of healthcare services, focusing on primary care, preventive medicine, and wellness, particularly for seniors and chronic disease management. Founded in 1997, Miami Beach Medical Group operates as MB Medical Operations, LLC, delivering essential medical services to its community. The company has not undergone any notable changes in business strategy or operations since its inception. The current leadership includes CEOs Efrain Duarte, Fred Lewelling, and Paul McBride, overseeing operations from their headquarters in Miami Beach, US.
The firm has completed a total of 2 deals, with the most recent deal taking place on November 18, 2020. Miami Beach Medical Group offers a comprehensive range of healthcare services aimed at addressing the medical needs of its diverse patient base. The company specializes in primary care, preventive medicine, and wellness programs, catering particularly to seniors and individuals requiring chronic disease management. By utilizing a patient-centered approach, the organization emphasizes personalized care plans that are tailored to each individual's health requirements.
Additionally, Miami Beach Medical Group provides various diagnostic and therapeutic services, ensuring that patients receive holistic care under one roof. The company's services are available primarily in the southeastern United States, extending across key urban regions where healthcare access is critical. Miami Beach Medical Group generates revenue through a mix of direct patient services and partnerships with insurance providers. The business model primarily revolves around fee-for-service transactions, where patients or their insurance companies are billed for specific medical services rendered.
These services may include routine check-ups, specialized consultations, and diagnostic tests, which are priced according to standard industry rates. Additionally, the company may engage in contractual agreements with healthcare networks, allowing for a streamlined payment process for patients utilizing their services. Through this structure, Miami Beach Medical Group maintains a steady revenue stream while ensuring accessible healthcare options for its clients and patients. In November 2020, Sun Capital Partners agreed to acquire MB Medical Operations, LLC from Gauge Capital, with the deal completed in December 2020.
This investment is expected to accelerate growth and expand operations, enhancing patient care services. The company plans to utilize this capital infusion to develop new healthcare programs and improve existing service delivery, although specific upcoming products and geographic expansion strategies have yet to be detailed.
Current Investors
Sun Capital Partners
Primary Industry
Healthcare
Sub Industries
Hospitals, Diagnostic, Medical & Imaging Laboratories, Clinics/Outpatient Services, Cardiology, Dental Products & Services, Optometrists & Opticians Products and Services
Website
www.miamibeachmedicalgroup.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Clinical Care Medical Centres - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Florida Family Primary Care Center, LLC | - | ||||||||
| Secondary Buyout | Completed | Clinical Care Medical Centres | - | ||||||||
| Buyout | Completed | Clinical Care Medical Centres | - |
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