Southern Health Partners
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Southern Health Partners - overview
Established
1994
Location
Chattanooga, TN, US
Primary Industry
Healthcare
About
Southern Health Partners is a specialized provider of correctional healthcare services, focusing on delivering comprehensive medical care tailored to the unique needs of inmate populations across various correctional facilities. Southern Health Partners, Inc. was founded in 1994 and is headquartered in Chattanooga, US. The company specializes in providing healthcare services in correctional settings.
In December 2012, Lead Capital Partners acquired Southern Health Partners. The CEO is Jennifer Hairsine. Southern Health Partners, Inc. (SHP) specializes in providing comprehensive correctional healthcare programs tailored to meet the needs of diverse inmate populations.
Their core service offerings include routine medical assessments, chronic disease management, mental health services, and emergency care, all designed to function effectively within the complexities of the correctional environment. SHP serves various county jails and correctional institutions across multiple geographical markets, including the Southeast and Midwest regions of the United States, positioning itself as a strategic partner to correctional facilities. Southern Health Partners, Inc. generates revenue through long-term contracts with correctional facilities, establishing partnerships that facilitate the delivery of healthcare services to inmate populations.
The company operates under fixed-price contracts or bundled service arrangements, which include provisions for comprehensive medical services, mental health treatment, and preventative care initiatives. Revenue is derived from the consistent demand for healthcare services within the corrections sector, ensuring a steady income through established client relationships. Southern Health Partners has plans to enhance its service offerings and expand into new geographic regions. The company aims to introduce new healthcare programs tailored for correctional facilities by the end of 2023, addressing emerging health issues within inmate populations.
Additionally, SHP is targeting expansion into the Northeast and West Coast markets by 2024, which will require strategic partnerships with local correctional facilities. The recent acquisition in December 2012 is expected to provide the necessary resources to support these growth initiatives.
Current Investors
Lead Capital Partners
Primary Industry
Healthcare
Sub Industries
Business Support Services, Healthcare
Website
www.southernhealthpartners.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Southern Health Partners - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Southern Health Partners | - |
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