CLAREMEDICA HEALTH PARTNERS CEO, ROBERTO L. PALENZUELA, INVITED TO PARTICIPATE AS A TRIPLETREE “MARKET INSIGHTS LIVE” PANELIST

MIAMI, FL June 24, 2021 –  ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that the company’s chief executive officer, Roberto L. Palenzuela, has been invited to participate as a TripleTree Market Insights Live panelist on June 29, 2021, at 11:00 a.m. Eastern.

 

Mr. Palenzuela will be discussing various aspects of the health care industry on a guest panel entitled “21st Century Primary Care” with a particular focus on the future of primary care and technology enabled solutions that will aid in its delivery.

 

The TripleTree Market Insights Live is virtual presentation and registration to attend is available by visiting: https://register.gotowebinar.com/register/396203932602044942?source=Web 

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. With locations in Miami, Palm Beach, and Tampa, our health care network has over 100 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at www.claremedica.com.

 

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 758-3133
Albert@ClareMedica.com

CLAREMEDICA EXPANDS FOOTPRINT IN PINELLAS COUNTY WITH
ITS LARGEST ACQUISITION TO DATE 

Anona Medical Center Marks the Company’s 9th in its Series of Acquisitions 

MIAMI, FL May 5, 2021 – ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that it has completed the acquisition of the practice of Dr. William T. Keweshan, Dr. Alison Howard, and Dr. Chris Patterson, locally known as the Anona Medical Center, in Pinellas County, Florida.  

“The acquisition of the Anona Medical Center represents a significant milestone for our company,” commented Roberto L. Palenzuela, Chief Executive Officer of ClareMedica.  “With almost 1000 Humana Medicare Advantage customers, the acquisition deepens our relationship with one of our premier plan partners and sets the stage for our continued expansion in Pinellas, a county with a robust Medicare Advantage population and one we have been targeting for some time now,” Palenzuela remarked.

Commenting further, Palenzuela stated, “The team of Drs. Keweshan, Howard, and Patterson have spent years establishing this practice as a pillar of primary health care in the community and we are delighted to welcome them to the ClareMedica family.  Through patient advocacy, education, and community engagement, this diverse group has earned a reputation for high-quality, compassionate care and they stand ready to continue to meet the needs of the Medicare eligible population in the region. Our shared goal of quality care delivery makes for a perfect combination and in addition to broadening our network of quality ClareMedica providers in the county, the acquisition also highlights our commitment to the area and lays the groundwork for the continued expansion of our wholly owned and affiliated practice network.” 

“With this acquisition we now have 34 owned and affiliated primary care practices throughout the state, delivering care to a rapidly growing base of Medicare eligible Floridians.  We expect to continue our expansion during the year,” Palenzuela concluded.

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. With locations in Miami, Palm Beach, and Tampa, our health care network has over 100 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at www.claremedica.com.

 

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 758-3133
Albert@ClareMedica.com

CLAREMEDICA HEALTH PARTNERS CEO, ROBERTO L. PALENZUELA, INVITED TO PARTICIPATE AS A PANELIST FOR THE MCDERMOTT WILL & EMERY LLP 2021 HPE MIAMI CONFERENCE

Panelists to Discuss Multiple Aspects of Risk and Value Based Provider Models

MIAMI, FL March 10, 2021 – ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that the company’s chief executive officer, Roberto L. Palenzuela, has been invited to participate as a panelist at the McDermott Will and Emery LLP 2021 HPE Miami Conference on March 11, 2021 at 11:00 a.m. 

Mr. Palenzuela will be discussing various aspects of the health care industry on a guest panel entitled “The Proliferation of Risk-Based/Value-Based Provider Models.”

The 2021 HPE Miami Conference is virtual and registration to attend is available by visiting: 

https://2021hpe.splashthat.com/

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. With locations in Miami, Palm Beach, and Tampa, our health care network has over 100 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at www.claremedica.com.

 

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 758-3133
Albert@ClareMedica.com

CENTERS FOR MEDICARE AND MEDICAID SERVICES APPROVES CLAREMEDICA PARTICIPATION IN INNOVATIVE PRIMARY CARE FIRST PROGRAM

CMS Program Designed to Better Meet the Complex Health Needs of Seniors

MIAMI, FL December 10, 2020 – ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that six of their wholly owned primary care practices have been selected to participate as Primary Care First Only practices under the Centers for Medicare and Medicaid (CMS) newly initiated Primary Care First Model. The Model performance period will begin on January 1, 2021 and end on December 31, 2025.

 

Designed to incentivize providers for increased positive patient outcomes, better transparency, and enhanced care, especially for the high-needs population, the Primary Care First program is an initiative that originated from the CMS Innovation Center which supports the development and testing of innovative health care payment and service delivery models.

 

“As a primary care organization with advanced primary care capabilities, ClareMedica has been an industry leader in the delivery high-quality value-based care,” commented Roberto Palenzuela, Chief Executive Officer of ClareMedica. “We are firm believers that there is a perfect health care intersection where an organization can drive better patient outcomes and experiences while generating better clinical and financial efficiencies across the spectrum of care delivery. From our perspective, meeting the criteria for inclusion in the CMS Primary Care First program continues to validate our approach to care delivery in that we are aligned with CMS’s goals of improved quality, improved patient experience of care, and reduced expenditures.”

 

The Primary Care First program is expected to achieve its goals by increasing patient access to advanced primary care services and has elements specifically designed to support practices caring for patients with complex chronic needs or serious illness. The specific approaches to care delivery are determined by practice priorities and practices are incentivized to deliver patient-centered care that reduces acute hospital utilization. The Primary Care First program is oriented around comprehensive primary care functions such as:

  • Access and continuity of care

  • Care management

  • Comprehensiveness and coordination

  • Patient and caregiver engagement, and,

  • Planned care and population health.

More information about the Primary Care First program can be found by visiting:
https://innovation.cms.gov/innovation-models/primary-care-first-model-options

“The delivery of high-quality, effective care to our patients has always been our top priority,” Palenzuela added, “and initiatives such as Primary Care First through CMS help us in our ongoing drive towards the constant improvement of services and increased access for patients.  We are delighted to be approved for the program,” he concluded.

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. With locations in Miami, Palm Beach, and Tampa, our health care network has over 100 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at www.claremedica.com.

 

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 758-3133
Albert@ClareMedica.com

CLAREMEDICA ACQUIRES TWO MEDICARE ADVANTAGE FOCUSED
PRIMARY CARE PRACTICES IN FLORIDA

Company Completes 5 Acquisitions in the Past 12 Months

MIAMI, FL August 3, 2020 – ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that it has completed the acquisition of the practices of Dr. Prabhavathi Viralam in Palm Beach Gardens and the practice of Dr. Todd K. Rosenthal in Tampa.

 

Commenting on the transactions, Roberto L. Palenzuela, the chief executive officer of ClareMedica stated, “We are delighted to welcome Drs. Viralam and Rosenthal and their respective teams to the ClareMedica family. They join a growing group of practices under the ClareMedica umbrella who have come to enjoy the benefits and resources afforded to practitioners in our group as they seek to deliver better care and services to their patients.”

 

Palenzuela continued, “The acquisition of Dr. Rosenthal’s practice builds on our increasing presence in the central Florida area and geographically complements the three Tampa practices we acquired in 2019.  In combination with our growing network of affiliated physician practices in the region, we can now offer residents in Hillsborough, Pinellas, Manatee, and Pasco counties greater access and a broader choice when it comes to the delivery of better primary care.  Additionally, as a premier provider partner to virtually every major insurance plan in the state, our patients also have the ability to choose an insurance plan that meets their specific needs without having to change doctors.” 

 

“The acquisition of Dr. Viralam’s Gardens Family Practice serves to augment our Palm Beach Gardens center and brings the total number of providers in this office to 6.  Being part of the ClareMedica team allows Dr. Viralam the opportunity to provide her patients with continuity of care and access to a group of providers who take a team approach to making sure patients receive the best care possible.  In combination with our Palmetto Bay and South Miami practices, as well as our affiliate provider network in the region, we now offer access to care in Palm Beach, Broward, Miami-Dade, Martin, and St. Lucie counties. We expect to expand our network during this calendar year by acquiring additional practices in strategic areas throughout the state and by adding to our network of quality and service-focused affiliated providers,” Palenzuela concluded.

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. With locations in Miami, Palm Beach, and Tampa, our health care network has over 100 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at www.claremedica.com.

 

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 758-3133
Albert@ClareMedica.com

CLAREMEDICA PRACTICES THROUGHOUT FLORIDA REMAIN OPEN DURING COVID-19 CRISIS

 

Company’s Health Care Heroes Make Access to Care a Top Priority for ClareMedica Patients

 

MIAMI, FL April 27, 2020 – ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that its wholly owned practices in Florida continue to remain open during the COVID-19 crisis in order to ensure that patients have continued access to care. 

 

“ClareMedica is staffed by teams of health care heroes and all of us want our patients to know that they will have continued access to care during this period of uncertainty,” stated Roberto Palenzuela, Chief Executive Officer of ClareMedica.  Palenzuela continued, “now more than ever we want them to know that we’re here for them, they are not alone, and our practices around the state remain open.  Not only for questions and issues regarding COVID-19, but also for other pressing health related matters such hypertension, diabetes, or COPD, that cannot go unmonitored or untreated.  Patients should not be afraid to present themselves at the practice with these, or other health related issues, and can make use of our telehealth services if they feel more comfortable doing so.”

 

“The bottom line is that our patients will get access to the health care they need and with locations in Miami, Palm Beach Gardens, Tampa, and a network of over 100 affiliated physician providers, we stand ready to provide services.  I am extremely proud of these dedicated health care heroes,” Palenzuela concluded.

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. With locations in Miami, Palm Beach, and Tampa, our health care network has over 100 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at  www.claremedica.com.

 

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 485-1005
Albert@ClareMedica.com

 

CLAREMEDICA HEALTH PARTNERS AND BEECKEN PETTY O’KEEFE & COMPANY
FORM PARTNERSHIP WITH EQUITY INVESTMENT

 

CEO Roberto Palenzuela and Team Poised to Lead a Series of Florida Based Primary Care Practice Acquisitions

 

MIAMI, FL July 1, 2019 – ClareMedica Health Partners, LLC (“ClareMedica”) one of Florida’s premier health care organizations focused on the delivery of primary care to seniors, announced today that it has received a majority equity investment from Beecken Petty O’Keefe & Company (“BPOC”), a leading Chicago-based private equity firm focused exclusively on the health care industry. The transaction is effective immediately and financial terms were not disclosed. 

 

“ClareMedica was founded on the philosophy of putting the patient first,” stated Roberto Palenzuela, Chief Executive Officer of ClareMedica.  “If done right, the by-product of this philosophy is a great business model and the team at BPOC share our vision in this regard.  They are a strong financial partner with a keen understanding of the Medicare space and we are delighted to be included in their mix of portfolio companies.” Palenzuela continued, “The equity investment from BPOC now sets the stage for a series of practice acquisitions that the company is contemplating which we expect will expand our market footprint throughout the State of Florida.”

 

“As the Medicare eligible population continues its high-growth trajectory, finding delivery-of-care platforms designed specifically for this demographic is becoming more and more challenging.  We have been following the progress of ClareMedica since its foundation and believe it has all the elements required to address this growing market, both at a state and national level,” commented Peter Magas, Partner at BPOC.  “We look forward to partnering with the ClareMedica team and supporting the company’s long-term growth objectives,” he concluded.

 

Kirkland & Ellis LLP served as legal advisor to Beecken Petty O’Keefe & Company.

 

ClareMedica was represented in the investment transaction by the law firm of Greenberg Traurig, LLP.  The Greenberg Traurig transaction team, led by David Wells, also assisted ClareMedica with numerous primary care practice acquisitions and capital raising since its inception. 

 

JMP Securities LLC served as exclusive financial advisor to ClareMedica in connection with the transaction.

 

About ClareMedica Health Partners

 

ClareMedica is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers through a network of employed and affiliated physicians.  We deliver accountable care for all health care stakeholders by employing a patient-centric care model that adds value and provides solutions for a changing health care industry. Our network has over 70 providers and continues to grow.  To learn more about ClareMedica Health Partners, LLC, please visit the company’s website at www.claremedica.com.

 

 

About Beecken Petty O’Keefe & Company

 

Beecken Petty O’Keefe & Company is a Chicago-based private equity management firm founded in 1996 to invest in middle-market buy-out transactions, recapitalizations, and growth platforms in the healthcare industry. BPOC has structured, managed and realized investments on behalf of institutional and individual investors for over two decades. Since inception, BPOC has raised four funds with aggregate capital commitments of over $1.3 billion. www.bpoc.com

Contacts:

Al Palombo
ClareMedica Health Partners, LLC
Chief Marketing Officer
(786) 485-1005
Albert@ClareMedica.com