McBee® Acts as a Strategic Advisor on the Formation of Frontpoint Health
WAYNE, Pa., December 13, 2022 (Newswire.com) - McBee®, an industry-leading healthcare services and consulting firm, announces it acted as a strategic advisor for the formation of Frontpoint Health, a specialty post-acute platform focused primarily on serving Medicare Advantage members.
Frontpoint Health, a portfolio company of the private equity firms Cimarron Healthcare Capital and Tacoma Holdings, is an emerging provider of home health, hospice, palliative and personal care dedicated to improving the health system by decreasing operational costs and ensuring better patient outcomes. The organization is currently focusing its efforts on the state of Texas with three locations, One Point Health Services, Dignity Hospice and Highland Hospice.
"The vision of the Frontpoint team is to embrace the transition from traditional Medicare to Medicare Advantage plans and have developed a path to create a provider relationship that leans into this strategy," explained Mike Dordick, President of McBee. "We believe Frontpoint is aligned with the future of the accelerating Medicare Advantage market, and we were thrilled to work with their team on this transaction as they pursue intentional growth and bring true value to their partners and the patients they serve."
Frontpoint Health engaged McBee for the buy-side clinical due diligence and strategic analysis of the organization's first acquisition. The McBee strategic healthcare consulting services approach includes reviewing clinical documentation, compliance and operational processes to confirm that an organization evaluated for acquisition is meeting regulatory requirements and to identify potential risk.
"When we set out on our mission to build a differentiated platform, it was important to us to have a well-established advisor within the home health and hospice industry as we focus on our Medicare Advantage strategy to bring additional value to hospital and health systems," said Brent Korte, CEO of Frontpoint Health. "McBee was a great partner on our first acquisition, and we look forward to the future of expanding our footprint at the national level to help providers transition to the Medicare Advantage model."
About Frontpoint Health
Frontpoint Health is a leading healthcare services company focused on providing the continuum of care in the home to the senior population. Through close integration with its health system and health plan partners, Frontpoint delivers superior patient health outcomes while minimizing total spend to the healthcare system. Frontpoint is one of the largest and fastest-growing home health and hospice companies in the United States. For more information, please visit: www.frontpointhealthcare.com.
McBee is a recognized leader in providing financial, clinical, and operational strategic advisory services that have addressed the unique needs of more than 3,800 providers across the healthcare industry. Since 1973, McBee has designed services to address challenges and ensure the success of healthcare organizations across the continuum of care by delivering meaningful insights, tailored strategies and sustainable results. With an average of over 20 years of experience, McBee's consulting professionals have extensive expertise and in-depth knowledge of healthcare regulations and policies. Health systems, physician groups, home health, hospice, long-term care, skilled nursing and other healthcare organizations across the nation look to McBee to provide comprehensive services and expert resolution of the various challenges they encounter. McBee's unwavering dedication, backed by their industry knowledge, has made them one of the largest, well-regarded healthcare consulting firms in the country. McBee is located in Wayne, Pennsylvania. Visit us at McBeeAssociates.com. Follow us on Twitter and LinkedIn.