Location: Wayne, PA
Investment Year: 2015
Website: www.mcbeeassociates.com
Business Description
McBee is an independent healthcare outsourced services and financial consulting firm serving home health agencies, long term care facilities, hospice care centers, hospitals and health systems. McBee is focused on providing outsourced nurse chart review, billing, cash collection, revenue cycle turnaround, data mining and analysis and other ancillary outsourced services to these acute and post-acute providers.
Century Investment Thesis
Aging population and increased complexity for post-acute care and a push to increase home health services for the aging population and the complexity for home health agencies and hospitals to navigate the shift to further integration and bundled payments (e.g., ACOs).
Century Value Add
- Introductions to acute-care providers through other Century portfolio companies
- Relationships with private payers
- Acquisition sourcing and diligence