Medical Specialists of the Palm Beaches (MSPB), a primary care-focused, multi-specialty physician group practice serving Palm Beach and Broward counties in Florida, received an equity investment from Ascend Capital Partners, a healthcare-focused private equity firm; as well as management partners at CareAbout, a management company and service provider that helps to empower physicians, enable value-based care success, and energize growth & scale. The amount of investment was not specified.
MSPB has more than 85 Providers, spread across 25+ offices in Palm Beach and Broward counties and offers primary care, cardiology, neurology, hematology/oncology, concierge medicine and laboratory services.
MSPB will use the funding to expand its footprint and value-based care offerings, enhance patient education efforts and invest in additional clinical specialty services to serve additional patients throughout South Florida. Read more.