Thema Health Services

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Thema Health Services - overview

Established

1996

Location

Phoenix, AZ, US

Primary Industry

Healthcare

About

Thema Health Services is a specialized provider of home health, hospice, and palliative care services, dedicated to enhancing the quality of life for individuals with terminal illnesses and chronic health conditions. Founded in 1996, Thema Health Services operates from Phoenix, Arizona, focusing on delivering essential home health and hospice care. The company has maintained a consistent operational strategy without significant pivots. Thema Health Services is a stand-alone entity without any known subsidiaries.


The company was not formed through a carve-out or merger. The latest funding round occurred on October 4, 2021, but specific financial terms were not disclosed. The founder's background is not detailed in the available information. THEMA Health Services specializes in providing a comprehensive suite of home health, hospice, and palliative care services designed to cater to individuals facing terminal illnesses or chronic health conditions.


Their core offerings include skilled home nursing services, personalized hospice care, and palliative interventions focusing on symptom management for patients in various health stages. These services aim to enhance the quality of life for patients, ensuring comfort and dignity while fulfilling their specific wishes during end-of-life care. The company targets a diverse clientele, including patients with chronic conditions such as diabetes, congestive heart failure, and neurological disorders, as well as their families. THEMA Health Services operates primarily across Arizona, specifically in urban and rural areas such as Phoenix, Flagstaff, Prescott, Globe, and Miami, providing vital healthcare resources to a broad demographic that encompasses both urban residents and those in more remote locations.


THEMA Health Services generates revenue through a service-based model that involves direct transactions with clients and their families, facilitated by partnerships with healthcare providers and insurance companies. The transaction structure typically includes fee-for-service arrangements where clients pay for specific services rendered, such as in-home medical care, nursing assistance, and hospice support. These services are billed directly to private insurers or through Medicare arrangements, ensuring that patients receive the necessary care while their costs are managed effectively. The company’s flagship services include personalized hospice care and skilled nursing services, which are structured to meet the unique needs of patients at different stages of their health journey.


By focusing on quality care and establishing strong relationships with healthcare professionals and families, THEMA Health Services ensures that their offerings are accessible and aligned with the needs of their clientele. In the future, Thema Health Services plans to broaden its service offerings by launching new programs designed to meet the evolving needs of its clientele. The company aims to expand its operations into additional markets across Arizona by 2024, particularly targeting underserved rural regions. Following the acquisition by Pharos Capital Group in October 2021, the company seeks to utilize the investment to enhance its service capabilities and improve its outreach within the healthcare sector.


Current Investors

Pharos Capital Group

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.themaaz.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Thema Health Services - 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)
BuyoutCompletedThema Health Services-

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