MemorialCare Health System

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MemorialCare Health System - overview

Established

2005

Location

Fountain Valley, CA, US

Primary Industry

Healthcare

About

MemorialCare Health System is a nonprofit healthcare organization in the US, providing a comprehensive range of medical services through hospitals, urgent care centers, and outpatient facilities, emphasizing patient-centered care. Founded in 2005 in Fountain Valley, California, MemorialCare Health System operates an integrated network of healthcare services. The organization has consistently focused on enhancing patient care through innovative healthcare delivery models. MemorialCare is a nonprofit integrated health system that provides a comprehensive range of healthcare services, primarily through its network of leading hospitals, medical groups, urgent care centers, and outpatient facilities.


Key offerings include 24/7 virtual urgent care, in-person urgent care services, and access to specialized medical groups such as MemorialCare Medical Group and MemorialCare Independent Physicians. The company's myChart platform enhances patient experience by allowing users to communicate with healthcare providers, schedule appointments, and manage their medical records efficiently. MemorialCare serves a diverse client base across various geographical markets, including Orange County and Los Angeles County, targeting families and individuals seeking immediate and routine healthcare services. The organization is focused on addressing a spectrum of health issues, from non-threatening emergencies to routine examinations and specialized care.


MemorialCare generates revenue through a structured model that includes both direct-to-consumer services and partnerships with insurance providers. Patients utilize services such as urgent care visits, virtual consultations, and preventive care, which may be covered by their insurance plans or paid out-of-pocket. The revenue model is based on transaction fees associated with these medical services, which can vary based on the type of care provided and the patient's insurance coverage. The organization also relies on its subscription service, myChart, which offers patients convenient access to their health information and online consultation capabilities.


Revenue is driven by ongoing patient engagement and the consistent delivery of healthcare services across its facilities in the designated regions.


Primary Industry

Healthcare

Sub Industries

Clinics/Outpatient Services, Diagnostic, Medical & Imaging Laboratories, Hospitals

Website

www.memorialcare.org

Total Amount Raised

Subscriber access only

MemorialCare Health System - 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-onCompletedComplete Balance Solutions Institute for Physiotherapy, Inc.-

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MemorialCare Health System - employee data

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