Millennium Healthcare Management (MHM) partnered with Dallas-based private equity group Elm Creek Partners in late 2010. MHM's strong market position and ability to grow as a leader within the urgent care industry led Elm Creek Partners to offer capital funds in order to facilitate continued expansion. The strategic growth plan began with Millennium's acquisition of majority interest in three urgent care centers. Over the next five years, MHM will use additional capital to acquire existing centers and establish new centers. MHM leaders are actively identifying locations and prospective personnel for centers across southern Louisiana and Mississippi.
Amidst a growing population, shortage of primary care physicians, and overloaded emergency departments, MHM believes that the urgent care model is the right solution to unmet public medical needs. Urgent care offers superior service for patients and can save money for patients, hospitals, and third-party payers. U.S. consumers seek a more service-oriented approach to healthcare and Urgent Care Centers meet these demands. MHM is working to make Urgent Care available across southern Louisiana and Mississippi and offers partnership opportunities to physicians, hospitals, and private investors.
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