November 5, 2021

Coral Gables, FL — Palm Medical Centers (“PMC”), an MBF Healthcare Partners II, L.P. (“MBF”) portfolio company, is pleased to announce the hiring of Patricio Casillas as Chief Operating Officer. The seasoned healthcare executive joins a strong leadership team focused on driving growth and expansion of PMC’s 19 value-based primary care medical centers throughout Florida.

“Given Palm Medical’s expertise in value-based care, we are uniquely positioned to deliver on the triple aim of improving the health of our patients, optimizing the patient experience, and reducing healthcare costs. Our relentless focus on quality, analytics, and investments in human capital will allow us to continue to serve as a partner of choice for health plans, patients and healthcare professionals.” said Casillas.

Casillas will lead the operations, sales, marketing and business development teams and execute on PMC’s identified growth opportunities. He brings with him over two decades of executive experience in spearheading transformational growth and driving operational discipline in the healthcare sector.

“Patricio’s knowledge and experience regarding patient acquisition, patient retention, and patient satisfaction are pivotal to our future growth,” said PMC Chief Executive Officer, Fowad Choudhry. “He’s an extremely talented executive who will oversee our medical center development strategy and operational platforms as we execute on our next phase of expansion.”

ABOUT PALM MEDICAL CENTERS
Founded in 2013, Palm Medical Centers is a provider of value-based, capitated primary care services with a focus on high-quality clinical outcomes, cost-effective care, and a patient-centric experience. Operating a network of 19 medical centers across five counties in Florida, PMC serves more than 34,000 Medicare Advantage and managed Medicaid patients. Partnering with numerous managed care organizations, Palm Medical Centers offers comprehensive and integrated medical care to plan members with a focus on quality. In addition to primary care services, the company coordinates cardiology, dentistry, optometry, pediatrics, podiatry, psychiatry, and other specialist services. Palm Medical Centers continues to seek partnership opportunities with high quality providers in existing and new markets.

ABOUT MBF HEALTHCARE PARTNERS II, L.P.
MBF Healthcare Partners II, L.P. is a leading middle market healthcare private equity fund based in Coral Gables, Florida. Our strategy is to partner with exceptional management teams while leveraging MBF’s operating experience, domain segment knowledge, and tenured relationships to rapidly accelerate value creation. The partners 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.