First Medical Associates
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First Medical Associates - overview
Location
Germantown, MD, US
Primary Industry
Healthcare
About
First Medical Associates is a healthcare provider based in the US, specializing in primary and urgent care services. They aim to deliver comprehensive healthcare solutions across Maryland, ensuring accessible and effective treatment for a variety of medical needs. First Medical Associates operates healthcare clinics focused on delivering primary and urgent care services. The company is headquartered in Germantown, MD, US.
In June 2025, Latticework Capital Management invested in First Medical Associates, though financial terms were not disclosed. The founder’s history and previous ventures are not available. First Medical Associates is a healthcare provider that specializes in primary care and urgent care services within Maryland. Their core offerings include comprehensive primary care services delivered through a network of modern clinics located in various cities, including Annapolis, Glen Burnie, Rockville, and Frederick.
The clinics operate 24/7 and utilize a patient-centered approach, ensuring timely and effective treatment for non-emergency medical issues. They cater to a diverse clientele, ranging from individuals seeking routine checkups to those managing chronic conditions such as diabetes. Additionally, their walk-in clinic allows patients to receive immediate care without requiring an appointment, addressing acute health concerns swiftly. The services are designed for a broad demographic, including families, adults, and children, and the company operates across multiple geographical markets beyond its home state, reaching patients in urban and suburban areas throughout Maryland.
First Medical Associates generates revenue primarily through a fee-for-service model, where patients pay for individual consultations, treatments, and preventive care services. This model may involve direct transactions with patients for services such as annual physicals, urgent care visits, and chronic condition management. The company also accepts insurance from a variety of providers, allowing patients to access services through their health plans. Revenue from these transactions is determined by the specific services rendered, with clients paying based on the care provided during their visits.
The organization values long-term relationships with both patients and insurance partners, ensuring consistent and reliable revenue streams through ongoing care and management of patient health over time. First Medical Associates plans to use the investment from Latticework Capital Management to support the growth and expansion of its service offerings. The specifics of upcoming products or market expansions have not been disclosed. However, the company is likely focusing on enhancing its primary and urgent care services, addressing both existing and new patient needs.
Current Investors
Latticework Capital Management
Primary Industry
Healthcare
Sub Industries
Emergency Services, Hospitals, Dermatology
Website
www.drsfirst.com/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
First Medical Associates - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | First Medical Associates | - |
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