MedMark Services, Inc

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MedMark Services, Inc - overview

Established

2006

Location

Lewisville, TX, US

Primary Industry

Healthcare

About

MedMark Services, Inc is a provider of opioid addiction treatment services, focusing on medication-assisted treatment (MAT), counseling, and support to enhance recovery outcomes for clients across the United States. MedMark Services, Inc specializes in opioid addiction treatment. The company was acquired by Behavior Health Holdings, a portfolio company of Webster Capital, in October 2015. The firm is headquartered in Lewisville, US.


David White serves as the CEO. MedMark has raised a total of USD 1. 00 mn in funding, with the latest round occurring in 2015, involving investors such as CHL Medical Partners and Capital Resource Partners. MedMark Treatment Centers primarily offers opioid addiction treatment services through a combination of medication-assisted treatment (MAT), substance use counseling, and various support services.


MAT employs medications to reduce cravings and alleviate withdrawal symptoms, thereby enhancing patient engagement in recovery programs. The substance use counseling component aims to help clients understand the underlying causes of their opioid use, develop coping mechanisms, and rebuild personal relationships. MedMark emphasizes a holistic approach by providing additional support services such as case management and community resource referrals. The company caters to a broad client base, including individuals seeking recovery from opioid addiction across various regions in the United States, including markets like California, Texas, and Florida.


The revenue model for MedMark Treatment Centers revolves around their outpatient opioid treatment programs (OTPs) and associated services, which are tailored for individuals seeking assistance with opioid addiction. Clients typically engage with the company through a service structure that includes direct payments for treatment sessions, counseling, and support services. These transactions may involve a fee-for-service model, where clients pay for individual assessments and ongoing treatment sessions as needed. Additionally, MedMark potentially partners with healthcare providers and insurance companies to facilitate coverage for their services, enhancing accessibility for clients.


The primary offerings in their portfolio focus on MAT and counseling services, contributing to their strategic position in the addiction treatment market. MedMark Services, Inc is focused on future growth through the enhancement of its treatment offerings. The company continues to develop and refine its services to align with the evolving needs of clients in opioid recovery. With the recent acquisition in 2015 providing strategic support, MedMark aims to expand its geographical reach into new markets such as the Midwest and Northeast regions of the United States by 2027.


Funding raised in 2015 is expected to support these initiatives.


Current Investors

Webster Equity Partners, Behavior Health Holdings, CHL Medical Partners

Primary Industry

Healthcare

Sub Industries

Hospitals, Mental Health Services

Website

www.medmark.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MedMark Services, Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(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 SaleCompletedMedMark Services, Inc-

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MedMark Services, Inc - employee data

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