ClareMedica Health Partners, a portfolio company of private equity firm Revelstoke Capital Partners, announced on April 11 that it purchased Plaza Medical Centers for an undisclosed price.
McGuireWoods LLP acted as legal counsel to Revelstoke and ClareMedica. Oppenheimer & Co. Inc. acted as financial advisor and Holland & Knight LLP acted as legal counsel to Plaza Medical Centers.
Plaza Medical Centers is a patient-first focused primary care provider for Medicare Advantage (MA) patients. It operates out of seven locations in Florida and is run by 17 providers.
Based in Miami Lakes, Florida, ClareMedica Health Partners is a provider of value-based primary care services for MA patients. Its model of technology-enabled care is centered on the patient and focuses on preventive health, chronic disease management and care coordination.
According to data captured in the LevinPro HC database, this transaction marks the 153rd Physician Medical Groups acquisition of the year, and 17th in the second quarter.
