September 29, 2022

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Palm Medical Centers Announces Acquisition of Dr. Aristides Martinez Internal Medicine Health Center in Delray Beach

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CORAL GABLES, Fla.–(Enterprise WIRE)–Palm Health-related Centers, an MBF Health care Partners II, L.P. (“MBF”) portfolio firm and value-primarily based, senior key treatment platform, introduced these days that it has entered into an settlement to get the assets of Dr. Aristides Martinez Inside Drugs Wellbeing Middle. The Centre is situated in Delray Beach, Florida and is owned and operated by Dr. Aristides Martinez, MD.

The facility will develop into Palm Healthcare Centers’ 22nd locale and its initial office in Palm Beach front County, marking the sixth county of provider for the business, which continues to extend in the course of South and Central Florida. This Delray area, as nicely as the just lately acquired North Broward place, give more operational hubs on the east coastline of Florida as the enterprise proceeds to extend its entry to Medicare Advantage individuals.

“Our connection with Dr. Martinez and the acquisition of his observe shows our continued motivation to deliver the greatest excellent health care to the people of Florida,” claimed Fowad Choudhry, CEO of Palm Clinical Facilities. “Adding this excellent middle in Palm Beach County was strategically crucial to guidance the growth of Medicare Edge beneficiaries in the east Florida market.”

As a 29-calendar year inside drugs professional serving Delray Seaside and Palm Seashore County, Dr. Aristides Martinez understands the need for available and cost-effective health care.

“As a longstanding member of this neighborhood, with founded roots and quite a few individuals who, over the yrs have turn out to be part of who we are, it was really vital for me to spouse with a health care company with a tested observe history for delivering the best good quality treatment to its sufferers,” explained Dr. Martinez. “I am very pleased and fired up that Palm Clinical Centers shares my vision of assistance and dedication to their community and will go on the legacy that we started off.”

The new Palm Healthcare Facilities facility is positioned at 5258 Linton Blvd., Suite 301, Delray Beach front, Fl. 33484 and will run from 8 a.m. to 5 p.m., Monday as a result of Friday.

ABOUT PALM Medical Facilities

Founded in 2013, Palm Professional medical Facilities is a service provider of worth-centered, capitated key care expert services with a focus on significant-high-quality scientific results, charge-helpful care, and a affected person-centric expertise. Running a community of 21 health-related facilities throughout 5 counties in Florida, Palm Medical Centers serves more than 31,000 Medicare Gain and managed Medicaid clients. Partnering with a lot of managed care companies, Palm Professional medical Centers offers detailed and built-in health-related treatment to system members with a aim on high-quality. In addition to most important care services, the organization coordinates cardiology, dentistry, optometry, pediatrics, podiatry, psychiatry, and other professional services. Palm Healthcare Facilities carries on to seek out partnership alternatives with high excellent companies in existing and new marketplaces. For a lot more info, be sure to stop by www.PalmMedicalCenters.com.

ABOUT MBF Healthcare Companions II, L.P.

MBF Healthcare Companions II, L.P. is a major center sector health care personal equity fund based in Coral Gables, Florida. Our technique is to spouse with remarkable administration teams when leveraging MBF’s operating encounter, area segment awareness, and tenured associations to speedily speed up worth creation. The partners of MBF have substantial working knowledge in health care and have held senior management positions in both equally private and publicly traded healthcare providers. MBF principals have managed and served establish some of the nation’s most progressive and effective healthcare businesses. The firm is headquartered in Coral Gables, Florida. For additional info, make sure you check out www.mbfhp.com.

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