Nobilis Health acquires DeRosa Medical for $915,000 in cash
Nobilis Health Corp. announced the acquisition of DeRosa Medical. DeRosa Medical is a primary care practice that specializes in health and wellness, medically supervised weight loss, and chronic health condition management. DeRosa Medical has 10,000 active patients, and serves these patients with its nine primary care providers, comprised of physicians and nurse practitioners. The practice has three locations in the Phoenix, Arizona metropolitan area: Scottsdale, Chandler, and Glendale. These locations complement Nobilis' existing surgical facilities in North Phoenix, Chandler and Scottsdale. The acquisition of DeRosa Medical allows the company to enhance its ability to serve patients across the continuum of care, from primary care needs to surgical procedures, utilizing its concierge care delivery model. The DeRosa Medical purchase price is $915,000 cash, which represents 3x adjusted EBITDA.