Fast Pace Health
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Fast Pace Health - overview
Established
2009
Location
Franklin, TN, US
Primary Industry
Healthcare
About
Fast Pace Health is a U. S. -based company specializing in urgent care and walk-in clinic services, addressing various non-life-threatening medical needs for patients across multiple states. Founded in 2009 and headquartered in Franklin, US, Fast Pace Health operates urgent care clinics providing immediate medical attention.
The company was acquired by Revelstoke Capital Partners in December 2020, which supports its strategy of expanding clinic locations and services. Fast Pace Health primarily offers urgent care and walk-in clinic services to address a wide range of non-life-threatening injuries and illnesses. Their service model includes immediate medical attention with the option for patients to reserve a spot online or walk in directly. In addition to urgent care, they provide primary care focused on wellness and preventive measures, as well as specialized services in orthopedic care, dermatology, and behavioral health.
The telehealth service enables patients to receive video-based medical consultations from home, enhancing accessibility for those who may have barriers to visiting physical locations. Fast Pace Health serves a diverse clientele across several U. S. states, including Alabama, Indiana, Kentucky, Louisiana, Mississippi, and Tennessee, catering to both individual patients and employees of businesses in need of healthcare solutions.
Fast Pace Health generates revenue through direct patient transactions, billing for medical services rendered at their clinics. The transaction structure is primarily fee-for-service, wherein patients pay for specific services during their visits, which may include urgent care consultations, primary care visits, and specialized treatments. The company accepts most major insurance plans, enabling patients to utilize their insurance coverage for services provided. For patients without insurance, Fast Pace Health offers a self-pay program that allows for upfront payment of office visit fees, facilitating straightforward pricing for a range of services, including physical examinations, diagnostic tests, and follow-up consultations.
Fast Pace Health plans to utilize its recent acquisition by Revelstoke Capital Partners, finalized on December 29, 2020, to enhance its clinic footprint and service offerings, particularly targeting expansion into rural areas. The company aims to broaden its market presence and potentially introduce new health services in the coming years.
Current Investors
Revelstoke Capital Partners
Primary Industry
Healthcare
Sub Industries
Fitness & Wellness Facilities, Emergency Services, Diagnostic, Medical & Imaging Laboratories, Chiropractic, Orthopedic & Physical Therapy, Dermatology, Mental Health Services
Website
www.fastpacehealth.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Fast Pace Health - 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 | First Care Clinics | - | ||||||||
| Add-on | Completed | Rural Health Alliance, LLC | - | ||||||||
| Buyout | Completed | Fast Pace Health | - | ||||||||
| Private Debt | Completed | Fast Pace Health | - | ||||||||
| Secondary Buyout | Completed | Fast Pace Health | - |
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