QTC Management
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QTC Management - overview
Location
Diamond Bar, CA, US
Primary Industry
Healthcare
About
QTC Management specializes in delivering comprehensive health services focused on disability-related medical evaluations and case management, facilitating critical assessments for veterans and underserved populations. QTC Management operates primarily in the health services sector, providing independent medical evaluations and disability assessments. The company is headquartered in Diamond Bar, US. QTC Management was acquired by Lockheed Martin in September 2011, although financial details of the acquisition were not disclosed.
The current CEOs are Grant Kim and Qasim Khan. QTC Health Services specializes in providing comprehensive health services, focusing primarily on disability-related medical examinations and independent medical evaluations. The company's core offerings include disability-focused medical examinations, independent medical exams, occupational health services, and case management solutions. These services are designed to address the needs of various clients, including government entities and non-government organizations, particularly in supporting Veterans and individuals in rural and underserved areas.
QTC Health Services employs innovative technologies, such as telehealth platforms approved by the Veterans Affairs (VA), enabling mental health exams to be conducted via video calls, thereby enhancing accessibility and convenience for examinees. The company operates both domestically and internationally, serving clients across multiple states and territories, with a significant focus on U. S. Veterans and their families.
QTC Health Services generates revenue through a multifaceted business model that emphasizes B2B transactions with government and non-government customers. The company handles over 2. 8 million appointments annually, primarily through contracted services with various governmental programs, including the Defense Health Agency’s Reserve Health Readiness Program (RHRP). Revenue is derived from independent medical evaluation services, case management solutions, and occupational health assessments, among others, which are often billed on a per-exam basis.
The firm’s ability to provide efficient service delivery, backed by a rigorous training and credentialing process for its physicians, aligns with stringent customer quality standards. This operational efficiency not only contributes to high service quality but also ensures timely reporting and delivery of medical evaluations, further solidifying relationships with its client base. The company’s strategic growth plan includes the development of new products and enhancements to existing services, with anticipated launches in the coming quarters. QTC Management is also looking to expand its geographical reach into new markets, particularly focusing on underserved regions in the U.
S. Recent funding from the acquisition by Lockheed Martin will be utilized to support these initiatives, ensuring the company can further enhance its service delivery and maintain quality standards as it grows.
Primary Industry
Healthcare
Sub Industries
BPO Services, Clinics/Outpatient Services
Website
www.qtcm.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
QTC Management - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | QTC Management | - | ||||||||
| Recapitalisation | Completed | QTC Management | - |
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