Medicus IT, LLC
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Medicus IT, LLC - overview
Established
2004
Location
Alpharetta, GA, US
Primary Industry
Outsourcing
About
Based in the US, Medicus IT, LLC offers specialized managed IT services tailored for healthcare providers, focusing on enhancing operational efficiency and compliance through innovative technology solutions. Medicus IT, LLC, founded in 2004 in Alpharetta, US, delivers managed IT services for healthcare providers. The company has undergone strategic developments to enhance its service offerings. Chris Jann serves as CEO, bringing expertise from his previous ventures.
Medicus IT was recently acquired by FFL Partners in July 2024, transitioning from 424 Capital. Medicus IT specializes in managed IT services specifically for healthcare providers, leveraging over 35 years of experience in the healthcare sector. Their core offerings include 24/7 IT management, cloud migration, cybersecurity solutions, and HIPAA-compliant communication systems, such as VoIP. The services cater to the unique technological requirements of healthcare organizations, aiming to improve operational stability, minimize downtime, and enhance patient experiences.
Medicus IT serves over 6,000 healthcare providers, ranging from small practices to large health systems across the US, and integrates with more than 50 electronic medical record (EMR) and electronic health record (EHR) applications. Medicus IT utilizes a subscription-based revenue model, with clients typically engaging in long-term contracts averaging 36 months. Revenue is generated through managed services, which include ongoing IT support, cloud services, and cybersecurity solutions.
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing, Customer Relationship Management, Systems Management Software, Information Services
Website
www.medicusit.com
Verticals
HealthTech
Total Amount Raised
Subscriber access only
Medicus IT, LLC - 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, Trade Sale | Completed | Medicus IT, LLC | - | ||||||||
| Add-on | Completed | BlueNovo, Inc. | - | ||||||||
| Add-on | Completed | MDcentric Technologies, Inc. | - | ||||||||
| Add-on | Completed | Health Information Technology Care LLC | - |
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