MEDcare Urgent Care

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MEDcare Urgent Care - overview

Established

2006

Location

Charleston, SC, US

Primary Industry

Healthcare

About

MEDcare Urgent Care is a walk-in clinic that provides immediate medical care for urgent health issues, ensuring accessible healthcare services for patients in South Carolina. MEDcare Urgent Care, founded in 2006, operates as a walk-in clinic focused on urgent medical needs. The company is headquartered in Charleston, US. Zainab Altarjoman is the founder, while Roni Auob serves as the CEO.


MEDcare has completed 2 significant funding deals to date. The latest funding round involved Urgent Care Group, a portfolio company of Harbert Management Corporation, exiting its stake in MEDcare Urgent Care, with financial terms not disclosed. MEDcare Urgent Care operates as a walk-in clinic providing a range of healthcare services focused on urgent medical needs. Their core offerings include treatment for injuries, illnesses, and preventive care services such as physicals and vaccinations.


MEDcare employs a "Save My Spot" system that allows patients to reserve their visit time online, facilitating a smoother experience that minimizes wait times. The clinic is open daily from 8 AM to 8 PM, catering to a wide demographic that includes individuals with or without insurance. MEDcare primarily serves patients in South Carolina, ensuring that they have access to timely and affordable healthcare solutions, particularly for acute conditions like colds, flu, sprains, and minor lacerations. The client base encompasses both insured individuals and those seeking self-pay bundles, demonstrating a commitment to accessible healthcare for all.


MEDcare Urgent Care generates revenue through direct patient transactions for various medical services. The transaction structure is primarily direct-to-consumer, allowing patients to pay out-of-pocket for services rendered at the clinic. Revenue streams are bolstered by partnerships with major insurance providers, which facilitate billing for insured patients, effectively streamlining the payment process. Additionally, the clinic offers self-pay bundles designed for uninsured patients, providing a transparent pricing model for services.


The pricing framework includes costs associated with standard urgent care services, such as diagnostic testing and treatment consultations. Overall, MEDcare's business model is structured around providing immediate healthcare services in an accessible manner, while ensuring a variety of payment options for diverse patient needs. MEDcare Urgent Care plans to enhance its service offerings and expand its market reach. Upcoming initiatives include the introduction of new healthcare services aimed at improving patient care.


The company is targeting expansion into additional regions within South Carolina, with specific plans to open new locations by the end of 2025. Recent funding will support these initiatives, allowing MEDcare to invest in its growth strategy and improve service delivery.


Primary Industry

Healthcare

Sub Industries

Fitness & Wellness Facilities, Diagnostic, Medical & Imaging Laboratories, Hospitals

Website

www.medcareurgentcare.com

Total Amount Raised

Subscriber access only

MEDcare Urgent Care - 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-onCompletedMEDcare Urgent Care-
Unspecified ExitCompletedMEDcare Urgent Care-

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