What is Maxicare Select?
Maxicare Select Inc. is a CHAP-accredited, privately owned home health care agency operating in the South Florida region. The company distinguishes itself by focusing exclusively on patients with private-pay, long-term care insurance, work-related injuries, and employer-sponsored group health coverage, deliberately excluding Medicare and Medicaid services. This strategic focus allows Maxicare Select to cultivate specialized expertise and maintain operational efficiency. Established in its current form in 2000 through an acquisition of a private home health division, the company has undergone consistent growth, particularly since a management transition in 2008. Its deep understanding of the non-traditional home care market, coupled with experienced staff and a commitment to quality, positions it uniquely to serve a distinct patient population.
How much funding has Maxicare Select raised?
Maxicare Select has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Maxicare Select?
The recent major strategic investment signals a new phase of expansion and development for Maxicare Select. With a strong foundation in the private-pay and commercially insured home health market, the company is poised to leverage this capital to enhance its specialized service offerings, potentially expand its geographic reach within South Florida, and further solidify its competitive advantage. This financing will likely support operational scaling, technological advancements, and continued efforts to meet the evolving needs of its referral sources, families, and patients, reinforcing its commitment to high-quality, personalized care outside the traditional Medicare/Medicaid framework.
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