What You Should Know:
– FFL Partners (“FFL”), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses has acquired a majority stake in Medicus IT, a leading provider of managed IT and cybersecurity services for the healthcare industry. Financial terms of the transaction were not disclosed.
– The acquisition positions Medicus IT for continued growth and leadership in the healthcare IT market. The investment will fuel the company’s ability to deliver best-in-class IT solutions and empower healthcare providers to navigate the evolving technological landscape.
Serving Outpatient Providers Nationwide
Medicus IT offers HIPAA-compliant IT solutions and top-tier cybersecurity services to over 6,500 healthcare providers across 30+ states. Their team of 300 employees supports a network of over 50,000 end-users, primarily serving outpatient providers and community health centers. In 2022, Medicus launched mCare™, a comprehensive managed service offering designed to address the specific IT, cybersecurity, and compliance needs of ambulatory outpatient care facilities.
Introducing mCare: A Comprehensive Managed Service Offering
In 2022, Medicus IT launched mCare™, a next-generation managed service solution designed to address the specific IT, cybersecurity, and compliance needs of ambulatory outpatient care and community health centers. This comprehensive offering empowers healthcare providers to focus on delivering exceptional patient care while Medicus IT handles their critical IT infrastructure.
FFL Partners’ investment will provide Medicus IT with the resources to capitalize on these market opportunities and further expand its service offerings. This strategic partnership positions Medicus IT to empower even more healthcare providers with the IT solutions they need to thrive in the ever-evolving healthcare landscape.
“We are excited to partner with FFL during a time when healthcare organizations face significant IT challenges,” said Chris Jann, Founder and CEO of Medicus IT. “This partnership will accelerate our expansion and enhance our mCare services platform, leveraging FFL’s expertise to drive growth and innovation. Most importantly, FFL’s investment will enable us to serve more healthcare providers, allowing them to focus on what matters most – their patients.”
