Epic Health Services, Inc.
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Epic Health Services, Inc. - overview
Established
2001
Location
Dallas, TX, US
Primary Industry
Healthcare
About
Epic Health Services, Inc. is a US-based healthcare company specializing in providing comprehensive home health care solutions for both pediatric and adult patients. Founded in 2001 and headquartered in Dallas, Texas, Epic Health Services, Inc. offers home health care services primarily for children with special needs and adults requiring long-term care.
The company has not undergone any public pivots or changes in business operations. Epic Health Services was founded by Gary Epstein, who has a history of leadership in the healthcare sector. The company has successfully completed 5 deals, with the most recent funding round being a Secondary Buyout on March 11, 2020, raising USD 950. 00 mn from Bain Capital, bringing the total amount raised to USD 950.
00 mn. Epic Health Services provides a variety of home health care solutions, including skilled nursing services, physical therapy, occupational therapy, speech therapy, and private duty nursing. Their services cater to individuals with complex medical needs, aiding in recovery and chronic condition management within the home. Epic Health Services serves a diverse client base across multiple states, including Texas, Florida, and California, making essential health services accessible to families in need of in-home care.
In 2015, Epic Health Services reported a revenue of USD 750. 00 mn and an EBITDA of USD 80. 00 mn. The company generates revenue through direct service billing and partnerships with health insurance providers, combining service agreements for skilled nursing and therapy sessions to meet the ongoing care needs of their clients.
Looking ahead, Epic Health Services plans to leverage its recent funding of USD 950. 00 mn to expand its service offerings and geographic reach. The company aims to introduce new product lines and services designed to enhance patient care in the home setting by 2021. Additionally, Epic Health Services is targeting expansion into new markets, particularly in the Northeastern and Midwestern regions of the US, by the end of 2022.
The funding will be utilized to support these initiatives and bolster their operational capabilities.
Current Investors
Aveanna Healthcare Holdings Inc.
Primary Industry
Healthcare
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living, Mental Health Services
Website
www.epichealthservices.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Epic Health Services, Inc. - financials
| Fiscal Year Ended | Jan 01, 2010 | Jan 01, 2011 | Jan 01, 2012 | Jan 01, 2013 | Jan 01, 2014 | Dec 31, 2015 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 60,000,000 | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - |
| EBITDA (USD) | 6,000,000 | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - |
| % EBITDA Margin | 10.0% | - | - | - | - | - |
| NET Income (USD) | - | - | - | - | - | - |
| % Net Margin | - | - | - | - | - | - |
Epic Health Services, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | Aveanna Healthcare Holdings Inc. | - | ||||||||
| Add-on | Completed | Orbis Data Solutions | - | ||||||||
| Merger | Completed | Epic Health Services, Inc., PSA Healthcare | - | ||||||||
| Secondary Buyout | Completed | Epic Health Services, Inc. | - | ||||||||
| Add-on | Completed | Pediatria Healthcare for Kids | - |
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Epic Health Services, Inc. - employee data
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