What is Maxicare Select?
Maxicare Select Inc. is a CHAP-accredited, privately owned home health care agency operating in South Florida. The company distinguishes itself by focusing exclusively on patients with long-term care insurance, work-related injuries, employer-sponsored group health coverage, and private pay arrangements, deliberately excluding Medicare and Medicaid services. This strategic specialization allows Maxicare Select to cultivate deep expertise in serving a distinct patient population. The company's operational continuity and growth have been maintained since its acquisition in 2000 from a larger corporation, with leadership overseeing consistent expansion and service enhancements while preserving its accreditation and experienced staff.
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
Key Investors in Maxicare Select
PPP
Public-Private Partnership
What's next for Maxicare Select?
The recent strategic investment of $350K positions Maxicare Select for continued expansion and service enhancement within its specialized niche. As a late-stage, privately held entity, this capital infusion is likely to fuel strategic initiatives aimed at deepening its market penetration in South Florida, potentially through service area expansion, technology adoption to improve patient care coordination, or further development of its specialized care offerings. The company's focus on the private-pay and commercial insurance segments, coupled with its long-standing operational expertise and accreditation, provides a strong foundation for sustained growth and market leadership.
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