THMED, LLC

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THMED, LLC - overview

Established

2009

Location

Dallas, TX, US

Primary Industry

Outsourcing

About

THMED, LLC is a healthcare staffing company that specializes in connecting skilled clinicians with job opportunities, ensuring healthcare facilities have the necessary personnel during absences. THMED, LLC was founded in 2009 in Dallas, US. The company focuses on staffing solutions for healthcare providers, including offering temporary and permanent placements for clinicians. The founders, Ashwini Bhirangi and John Martin, have experience in healthcare staffing and have been involved in advancing the company's strategic vision.


In October 2015, THMED, LLC was acquired by New Capital Partners, although the financial terms of the deal were not disclosed. THMED, LLC, through its recruiting division, specializes in connecting clinicians with job opportunities tailored to their skills and aspirations. The company provides a comprehensive suite of services, including recruitment for temporary and permanent positions, credentialing support, and integration into healthcare teams, focusing on continuity of care during clinician absences. THMED serves a diverse clientele, including physicians across various specialties and healthcare facilities that require locum tenens staffing solutions.


It operates in Texas and across various markets in the United States. THMED, LLC generates revenue primarily through its recruitment and staffing services for healthcare professionals. The company operates a B2B model, partnering with healthcare facilities to supply qualified clinicians for both temporary and permanent roles, involving contract placements and ongoing support for credentialing and compliance. While specific pricing details are not disclosed, the revenue model is based on a fee structure linked to the level of service and duration of placements, enabling THMED to maintain a steady revenue flow.


THMED, LLC plans to leverage its funding from the acquisition in October 2015 to enhance its service offerings and expand into new geographic markets. The company aims to introduce new products designed to improve the recruitment process for clinicians and healthcare facilities. Additionally, THMED is targeting expansion into other regions within the United States to support broader healthcare staffing needs.


Current Investors

New Capital Partners

Primary Industry

Outsourcing

Sub Industries

Recruitment/Executive Search

Website

www.thmedstaffing.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

THMED, 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-onCompletedCV Staff Solutions-
BuyoutCompletedTHMED, LLC-

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THMED, LLC - employee data

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