Magella Medical Group, Inc
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Magella Medical Group, Inc - overview
Established
1979
Location
Sunrise, FL, US
Primary Industry
Healthcare
About
Magella Medical Group, Inc. is a healthcare provider specializing in advanced diagnostic imaging, telemedicine solutions, and patient management systems, aiming to enhance clinical outcomes across various medical specialties. Magella Medical Group, Inc. focuses on providing innovative healthcare solutions.
Founded in 1979 in Sunrise, US, the company underwent an acquisition by Pediatrix Medical Group in February 2001 for USD 144. 5 mn. The firm has completed two deals to date. Magella Medical Group, Inc.
specializes in providing comprehensive healthcare solutions designed to enhance clinical outcomes and patient care across various medical specialties. Their core product offerings include advanced diagnostic imaging services, telemedicine solutions, and patient management systems. These products are tailored to meet the needs of healthcare providers, enabling them to deliver high-quality services to patients effectively. The company primarily serves hospitals, outpatient facilities, and physician practices within the United States, focusing on urban and suburban markets.
With an emphasis on improving patient access to care, Magella's solutions streamline workflows, promote better patient engagement, and facilitate timely decision-making in clinical settings. Revenue generation at Magella Medical Group, Inc. is primarily driven by service agreements with healthcare providers and institutions that utilize their diagnostic imaging and telemedicine services. Typical transactions are structured as subscription-based models for ongoing access to telemedicine platforms, paired with fee-for-service arrangements for imaging services.
This structure allows clients to budget for healthcare expenditures while ensuring access to cutting-edge medical technology and support. Flagship services, such as their proprietary imaging solutions, are available through direct contracts with hospitals and healthcare organizations. The pricing model reflects the value of enhanced patient care and operational efficiency, aligning with the needs of their client base to optimize healthcare delivery. Following their acquisition in February 2001, Magella Medical Group, Inc.
aims to leverage the support from Pediatrix Medical Group to enhance their service offerings and expand their market presence. Plans for future growth include the development of new telemedicine solutions and advanced diagnostic imaging technologies. The company is targeting expansion into additional urban markets across the United States to increase accessibility to its services. Recent funding from the acquisition will help facilitate these initiatives and support the development of new healthcare solutions.
Primary Industry
Healthcare
Sub Industries
Childcare Services, Clinics/Outpatient Services, Hospitals
Website
www.mednax.com/practice/magella-medical-group-inc/
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Magella Medical Group, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Magella Medical Group, Inc | - | ||||||||
| Buyout | Completed | Magella Medical Group, Inc | - |
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