MBF-backed Strategic Health Services Acquires Miami Primary Care Medical Practice

12/12/17

CORAL GABLES, Fla.–(BUSINESS WIRE)–Strategic Health Services, LLC d/b/a Palm Medical Centers, an MBF Healthcare Partners, L.P. portfolio company, announced today the acquisition of Jesus B. Menendez-Rivera, M.D., P.A., a successful primary care medical practice located in the heart of Little Havana.

The medical practice, based in Miami, FL, provides individualized and comprehensive primary care services to seniors and families with a focus on preventive care, health maintenance and chronic care management. Using diagnostic tools, proper screening, care coordination and evidence-based treatment, the practice’s focus consists of developing an intimate relationship with the patient to deliver highly accessible day-to-day clinical services to health plan members in the community. The practice has partnered with a network of specialty healthcare providers to offer cost-effective care and an enhanced level of coordination. The philosophy of the practice emphasizes including the patient in the clinical relationship to act as a partner in care.

“We focus on patient engagement and highly-specific treatment to get our patients healthy and keep them healthy,” says Dr. Jesus Menendez. “We spend a great deal of time getting to know our patients and their medical history – we want to be fully aware of their lifestyle choices, which are often the first contributor to signs of illness. We work with patients on nutrition, fitness and lifestyle changes to help them live a healthy, long and comfortable life.”

Juan Ortiz, CEO, PMC added, “Dr. Menendez has built a successful practice and we are thrilled to have him and his staff join the PMC family. The addition of Dr. Menendez’s practice will both enhance our ability to provide convenient, high-quality health care services to our patients, and will significantly add to our physician leadership within the company.”

About Strategic Health Services, LLC

Strategic Health Services, LLC d/b/a Palm Medical Centers operates company owned medical centers all branded under the “Palm Medical Centers” name. The company is a provider of primary care physician services to a member population with a concentration in Medicare Advantage and Managed Care Medicaid patients. In addition to primary care services, the Company also coordinates Cardiology, Dentistry, Optometry, Pediatrics, Podiatry, and Psychiatry services. All other specialties are referred to its preferred care network and all referrals are processed in-house. The Company’s ancillary services include Physical Therapy, Ultrasounds, Vaccinations, Wound Care, Massage Therapy, Laboratory, EKG, Echocardiograms, Aerosol Treatments, and X-Rays. The Company offers members unlimited personalized transportation and the delivery of prescription medications on a same day basis at no cost.

About MBF Healthcare Partners

MBF Healthcare Partners, L.P. is an industry-focused private equity firm dedicated to the healthcare sector that invests in leveraged buyouts, growth capital investments and recapitalizations (including underperformers, turnarounds, and special situations). The Principals of MBF have substantial operating experience in healthcare and have held senior management positions in both private and publicly-traded healthcare companies. MBF principals have managed and helped build some of the nation’s most innovative and successful healthcare companies. The firm is headquartered in Coral Gables, Florida. For more information, please visit www.mbfhp.com.

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