Physician Partners, LLC

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Physician Partners, LLC - overview

Established

2006

Location

Tampa, FL, US

Primary Industry

Business Support Services

About

Physician Partners, LLC is a value-based healthcare organization focused on enhancing operational efficiencies and patient care for independent clinics across the United States. Founded in 2006, Physician Partners, LLC operates as a value-based healthcare organization, providing strategic insights and operational support to clinics. The company is headquartered in Tampa, US. In December 2021, it secured a GROWTH round led by Kinderhook Industries, raising USD 500.


000 mn, which marks the total amount raised to USD 500. 000 mn. Michael Polen serves as the CEO. Physician Partners, LLC delivers a care management model that supports independent and group clinics in transitioning to value-based care.


Their offerings include operational support in billing, coding, and quality reporting, enabling clinics to maintain their independence while enhancing patient-centric care. They collaborate with numerous partner clinics nationwide, granting access to favorable contract terms and data analytics for improved healthcare delivery. Physician Partners, LLC earns revenue through partnerships with clinics using performance-based financial models. The organization structures its income around a predictive monthly payment based on patient enrollment, with additional revenue from fee-for-service arrangements and quality performance bonuses, ensuring that its income is aligned with the financial success of its partners.


Following its recent GROWTH round on December 1, 2021, where Kinderhook Industries acquired a minority stake for USD 500. 000 mn, Physician Partners, LLC plans to enhance its service offerings. The acquisition will support the company's growth and enable a broader expansion into new geographic markets, focusing on both rural and urban settings across the United States.


Current Investors

Kinderhook Industries

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Recruitment/Executive Search, Education & Training Services, Hospitals, Medical Software

Website

www.phypartners.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Physician Partners, LLC - 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)
GrowthCompletedPhysician Partners, LLC-

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