Palm Medical Centers Acquires Primary Care Practice in Oviedo, FL
Coral Gables, FL — Palm Medical Centers (“Palm”), a portfolio company of MBF Healthcare Partners II, L.P., is pleased to announce its acquisition of Amana Medical Center P.A., a primary care practice located in Oviedo, FL. This addition marks the 36th clinic operated by Palm Medical Centers in Florida and Texas, and the 6th location serving the greater Orlando market.
Located at 220 Alafaya Woods Blvd., the Oviedo clinic is led by Dr. Jamal Abusuwa, a primary care physician with more than 20 years of experience with managed care programs. “It was important for me to align with a company that focuses on delivering the best patient services while understanding the needs of the doctors,” says Abusuwa. “I joined Palm because their business model lines up with mine and provides additional value to enhance the physician/patient relationship.”
“2023 has been a strong year of growth for Palm, and our latest clinic acquisition in Oviedo deepens our commitment to patients in Central Florida and the Orlando market,” says Fowad Choudhry, CEO of Palm Medical Centers. “As we approach the end of the year, our sights are set on providing the best possible care across our network and continued expansion of our value-based model.”
Palm Medical Centers currently operates primary care clinics throughout Florida and Texas with each specializing in serving Medicare Advantage and/or Medicaid patients.
ABOUT PALM MEDICAL CENTERS & PALM PRIMARY CARE
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. Palm operates a network of 36 medical centers across nine counties in Florida and recently expanded into Texas, managing two new clinics in Fort Worth under a separate entity, Palm Primary Care Texas. Palm Medical Centers serves over 50,000 combined Medicare Advantage and managed Medicaid patients under value-based contracts. 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. For more information, please visit www.PalmMedicalCenters.com.
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.