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Deloitte Corporate Finance Advises Premier Health Network and Orlando Family Physicians on Partnership with InnovaCare

December 19, 2018, 09:00 AM
Filed Under: Healthcare

Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Florida-based Premier Health Network LLC and Orlando Family Physicians, LLC (together, Premier), a rapidly growing management services organization and value-based primary care provider in Central Florida, on its recent partnership with InnovaCare, Inc. (InnovaCare), a leading provider of integrated healthcare solutions. The transaction closed on November 12, 2018.

Headquartered in Orlando, FL, Premier provides primary care, and increasingly specialist services, to over 100,000 individuals across central Florida through its 17 medical centers and over 65 providers. In its partnership with InnovaCare, Inc., Premier is poised to continue to grow its business and serve as a dominant primary care provider in Florida.

“DCF delivered high-touch advisory services at every stage of the process. Their experience working with complex healthcare businesses, deep relationships with strategic and financial investors, and execution capabilities enabled us to secure an outcome that exceeded our expectations. We are excited to work with InnovaCare to continue to grow our business,” said Jorge Garcia, founder and CEO of Premier.

“InnovaCare’s expertise operating within the value-based payor-provider landscape will enable Premier to continue to grow its business and serve as a dominant value-based primary care provider,” said Simon Gisby, managing director for Deloitte Corporate Finance LLC.

“Combining Premier’s reputation for providing high quality, cost-effective care and strong track record of growth in Central Florida with InnovaCare’s national scale and experience in managed care provides an exciting opportunity for the growth of the combined company,” said Jason Porter, managing director for Deloitte Corporate Finance LLC.

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