Premier Healthcare Services, LLC

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Premier Healthcare Services, LLC - overview

Established

2005

Location

Culver City, CA, US

Primary Industry

Healthcare

About

Premier Healthcare Services, LLC is a provider of innovative healthcare solutions focusing on enhancing patient care and operational efficiency within the healthcare sector. Founded in 2005, Premier Healthcare Services, LLC operates out of Culver City, US, specializing in healthcare services. In May 2018, the company was acquired by Aveanna, a portfolio company of Bain Capital and J. H.


Whitney & Co. The acquisition deal was completed in July 2018. The company offers a range of core products designed to facilitate healthcare services and patient engagement. These offerings include a comprehensive platform that enables organizations to manage and optimize patient care efficiently.


The main functionalities involve care coordination, patient management systems, and performance optimization tools tailored to enhance patient experience and engagement. These services are particularly beneficial for healthcare providers aiming to streamline operations and improve patient interactions, ultimately leading to better care outcomes. The company primarily serves healthcare providers across various sectors in North America and Europe, where the demand for effective healthcare solutions is growing. The company's revenue model is structured around service contracts, with clients engaging in annual or monthly agreements for access to their healthcare solutions.


Each contract tier includes a different set of features, with flagship offerings likely commanding premium pricing due to their advanced functionalities and comprehensive support. Transactions are executed directly between the company and its clients, facilitating a straightforward B2B engagement model. This structure allows healthcare providers to select the appropriate level of service that aligns with their operational needs and budgetary considerations. Premier Healthcare Services, LLC intends to leverage its recent acquisition to expand its service offerings and enhance its technological capabilities.


The company is focused on developing new healthcare solutions with potential releases slated for late 2023. Additionally, there are plans for expanding into new markets, specifically targeting the European healthcare sector by 2024. The funding from the acquisition will be utilized to support these initiatives, facilitating the development of new products and expansion of their operational footprint in the healthcare market.


Current Investors

Aveanna Healthcare Holdings Inc.

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.phs-west.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Premier Healthcare Services, 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)
Add-onCompletedPremier Healthcare Services, LLC-

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