January 24, 2018

Concordia Care, Inc. Completes Acquisition of Atlantic Imaging Group and iHCFA

CORAL GABLES, FL –  Strategic Health Services, LLC d/b/a Palm Medical Centers (“PMC”), an MBF Healthcare Partners, L.P. (“MBF”) portfolio company, announced today the acquisition of Katherine O’Flynn, M.D. and Arlene E. Haywood, M.D., P.A., two highly successful pediatric medical practices located in Plantation, FL.

The adjoining practices provide comprehensive pediatric primary care services on an outpatient basis to infants, children and adolescents in surrounding Broward County, FL. With a focus on treating Medicaid and commercial health plan members, often in underserved communities, these practices have been able to provide much needed services in an area of high demand. The practices have also developed effective partnerships with nearby hospitals to ensure continuity of care and cost-effective treatment for their patients. As a longstanding practice with a stable patient roster, Dr. O’Flynn and Dr. Haywood have been able to provide consistent and holistic care to their patients as they mature through the critical early stages of life.

“We are thrilled to be partnering with a team that will only enhance our ability to spend time seeing patients in a clinical capacity. We intend to use this partnership to expand our reach to parents and patients in the community.” says Dr. Haywood.

“The overall health of any child usually starts at the home and we try to address health issues at the core. We focus on educating and informing the parents as well as the children in our care program.” stated Dr. O’Flynn.

Juan Ortiz, CEO, PMC added, “The addition of Dr. O’Flynn and Dr. Haywood will significantly enhance PMC’s pediatric line of business. These doctors have a fantastic reputation in their community and have built highly regarded and very active practices over many years. These highly experienced physicians will provide clinical guidance to PMC as we continue to grow these important and in-demand services within our 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. (“MBF”) 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.

MBF Healthcare Partners
Joshua Weber, 305-476-5177