Medical Solutions, L.L.C.
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Medical Solutions, L.L.C. - overview
Established
2001
Location
Omaha, NE, US
Primary Industry
Outsourcing
About
Founded in 2001 in Omaha, Nebraska, Medical Solutions specializes in travel healthcare staffing, connecting qualified healthcare professionals with facilities across the United States. Medical Solutions, L. L. C.
provides staffing solutions for healthcare facilities. Founded in 2001 by Albino Sánchez and Scott Anderson, the company has engaged in five significant deals, with the most recent being a Secondary Buyout in August 2021, where it was acquired for approximately USD 2. 3 billion. The company operates globally, with headquarters in Omaha, US.
The current CEO is Craig Meier. The acquisition involved investors such as CDPQ, Centerbridge Partners, and Heritage Group, and has raised a total of USD 2. 3 billion. Medical Solutions specializes in providing travel healthcare staffing services, connecting travel nurses and allied health professionals with healthcare facilities across all 50 states, Washington D.
C. , and Guam. Their core offerings include travel nursing jobs, strike staffing solutions, and placements for various healthcare professionals. By partnering with over 4,000 healthcare facilities, they cater to diverse specialties, ensuring quality care through access to skilled professionals.
Medical Solutions generates revenue through a transactional staffing model, engaging in business-to-business transactions where healthcare providers contract them for staffing needs. Revenue comes from fees for filling staffing positions, including loyalty bonuses and referral incentives. The company offers benefit packages to travel nurses, which include day-one access to medical, dental, and vision insurance, fostering ongoing relationships with healthcare facilities and professionals. Following the acquisition in August 2021, Medical Solutions aims to enhance its expansion efforts to meet the evolving needs of healthcare facilities in the U.
S. The funding will support the next phase of its growth strategy, which includes the launch of new services designed to address market demands. The company is focused on expanding its geographic reach and servicing additional healthcare markets as part of its strategic plan.
Current Investors
CDPQ, Centerbridge Partners, Heritage Group
Primary Industry
Outsourcing
Sub Industries
Business Support Services, Recruitment/Executive Search, Healthcare
Website
www.medicalsolutions.com/
Company Stage
Mature
Total Amount Raised
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Medical Solutions, L.L.C. - 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 | Host Healthcare, Inc. | - | ||||||||
| Add-on | Completed | Matchwell | - | ||||||||
| Secondary Buyout | Completed | Medical Solutions, L.L.C. | - | ||||||||
| Add-on | Completed | C&A Industries, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | PPR Travel Nursing | - |
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