Medac Health Services, P.A.
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Medac Health Services, P.A. - overview
Established
1983
Location
Wilmington, NC, US
Primary Industry
Healthcare
About
Medac Health Services, P. A. is a Wilmington-based urgent care clinic that provides immediate healthcare services for various medical needs, including injury treatment, illness management, and preventive care. Founded in 1983, Medac Health Services operates as a walk-in clinic in Wilmington, North Carolina, delivering urgent medical care.
The clinic's founder has a history in the healthcare sector, but specific details about prior ventures are not disclosed. Medac Urgent Care operates primarily in Wilmington, North Carolina, offering a wide array of healthcare services tailored to urgent medical needs. The clinic provides immediate treatment for injuries and illnesses, along with preventative health services such as COVID-19 testing, X-ray imaging, lab services, physicals, immunizations, and pediatric care. Patients can either walk in without an appointment or use the online "Save My Spot" feature for convenience, catering to individuals with coverage from major insurers like Cigna and those seeking affordable self-pay options.
Medac Urgent Care generates revenue through direct patient visits and partnerships with insurance providers. The business model is based on patient visits, with payments handled through insurance claims or self-pay arrangements. Services offered include treatment for acute ailments such as colds, flu, lacerations, and sprains. For uninsured patients, self-pay bundles are available to ensure cost-effective healthcare solutions, with revenue predominantly coming from walk-in patients and those utilizing the online booking system.
Medac Health Services, P. A. aims to enhance its service offerings and expand its geographical reach. The company plans to introduce new health services in the upcoming years and is exploring opportunities to establish clinics in neighboring regions.
Recent funding from Urgent Care Group LLC's exit, although financial terms are not disclosed, will likely be directed towards supporting these growth initiatives.
Primary Industry
Healthcare
Sub Industries
Hospitals
Website
medachealth.com
Total Amount Raised
Subscriber access only
Medac Health Services, P.A. - 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 | Medac Health Services, P.A. | - | ||||||||
| Unspecified Exit | Completed | Medac Health Services, P.A. | - |
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