Southeastern Spine Institute, LLC

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Southeastern Spine Institute, LLC - overview

Location

-, SC, US

Primary Industry

Healthcare

About

Southeastern Spine Institute, LLC is a healthcare provider specializing in comprehensive spine care, offering both surgical and non-surgical services to improve patients' quality of life and restore mobility. Established in Mount Pleasant, US, Southeastern Spine Institute focuses on spine-related healthcare, providing a blend of surgical and non-surgical options. The institute was recapitalized in April 2017, with Candescent Partners leading the investment alongside Eagle Private Capital and Live Oak Equity Partners. Specific funding amounts were not disclosed.


The institute operates from a state-of-the-art facility in Mount Pleasant, which enhances its service delivery. The Southeastern Spine Institute specializes in providing comprehensive spine care through a blend of surgical and non-surgical services. Their core offerings include a range of surgical procedures, conservative rehabilitation options, and advanced pain management techniques tailored to address various spinal conditions such as cervical radiculopathy, degenerative disc disease, and lumbar radiculopathy (sciatica). The institute operates a state-of-the-art 65,000-square-foot facility equipped with six ambulatory surgery rooms and outpatient procedure capabilities.


Their clientele primarily consists of patients from the Mt. Pleasant and greater Charleston areas. The institute also incorporates advanced imaging services, including digital x-ray and fluoroscopy, positioning them as a key player in the southeastern U. S.


market for spine care. The Southeastern Spine Institute's revenue is generated through a diverse range of transactions involving both direct-to-consumer services and partnerships with healthcare providers. Their business model encompasses various pricing structures for surgical and non-surgical services, including outpatient procedures and rehabilitation therapy. Patients typically engage with the institute for specific spinal conditions, and services are billed either per procedure or as part of a comprehensive care plan.


Individual services such as diagnostic imaging, physical therapy, and inpatient surgeries are integral to their revenue stream, ensuring a consistent flow of transactions. The institute's approach to patient care enhances their operational efficiency and client satisfaction. Moving forward, Southeastern Spine Institute is focused on expanding its service offerings and geographical footprint. Recent funding will be utilized to enhance their surgical capabilities and invest in new non-surgical treatment options, with anticipated launches in the coming years.


Additionally, the institute is looking to expand its reach into neighboring regions, specifically targeting growth in South Carolina's coastal areas and potential out-of-state markets by 2025, leveraging its recent recapitalization to support these initiatives.


Current Investors

Live Oak Equity Partners, Eagle Private Capital, Candescent Partners

Primary Industry

Healthcare

Sub Industries

Hospitals

Website

www.southeasternspine.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Southeastern Spine Institute, 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)
RecapitalisationCompletedSoutheastern Spine Institute, LLC-

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Southeastern Spine Institute, LLC - employee data

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