CareFirst Wellness Associates

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CareFirst Wellness Associates - overview

Established

1915

Location

Chickasha, OK, US

Primary Industry

Healthcare Specialists

About

CareFirst Wellness Associates, based in the US, focuses on delivering quality healthcare through direct primary care, preventive medicine, and specialty services across multiple clinics, enhancing patient health and wellness. Founded in 1915 in Chickasha, US, CareFirst Wellness Associates provides healthcare services tailored to community needs. Over the years, the company has adapted its approach to emphasize patient-centered care. The company was recently acquired by Optima Medical, a portfolio company of Trivest Partners, with financial terms undisclosed.


CareFirst Wellness Associates offers a comprehensive range of healthcare services primarily focused on direct primary care, preventive medicine, and specialty care across five clinics located in Oklahoma. The clinic system emphasizes high-quality, patient-centered healthcare designed to address various health concerns, including chronic disease management, allergy and asthma care, joint pain treatment, and heart health management. By providing personalized care plans and ongoing support, the organization aims to enhance patient outcomes and improve overall well-being. The clientele includes individuals and families in the Chickasha area and surrounding regions, with services tailored to meet the healthcare needs of both pediatric and adult populations.


Established in 2021, CareFirst Wellness Associates has quickly positioned itself as a trusted healthcare provider committed to building long-term relationships with its patients and the broader community. Revenue generation at CareFirst Wellness Associates is structured primarily around direct patient care services that include routine checkups, chronic disease management, and specialized treatments. The clinic operates on a fee-for-service model where patients typically engage in consultations for individual services such as allergy testing, hypertension management, and arthritis care. Patients may utilize a variety of insurance plans, including Medicare, Medicaid, and commercial insurance, while also having the option for self-pay arrangements.


The fee structure varies based on the specific services rendered, with pricing aligned to the complexity and duration of the medical consultations. CareFirst Wellness Associates prioritizes accessibility and affordability, ensuring that a broad patient demographic can benefit from their healthcare offerings. CareFirst Wellness Associates plans to leverage recent funding to expand its service offerings and deepen its community impact. This includes the design and launch of new healthcare products, with specific details yet to be disclosed.


Furthermore, the company is targeting geographic expansion into neighboring regions within Oklahoma to reach a larger patient base. Recent acquisitions, including the one by Optima Medical, are expected to facilitate these growth initiatives by providing additional resources and support.


Current Investors

Optima Medical

Primary Industry

Healthcare Specialists

Sub Industries

Hospitals, Clinics/Outpatient Services, Cardiology, Oncology/Cancer Treatment, Mental Health Services, Chiropractic, Orthopedic & Physical Therapy

Website

www.carefirstwellnessassociates.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

CareFirst Wellness Associates - 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-onCompletedCareFirst Wellness Associates-

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