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Medwood Services, LLC

Medical Practice · Woodhaven, New York
Website: www.medwoodservices.com

Medwood Services provides a full range of management support services to NY Family Practice Physicians, PC d/b/a NY Family Do ... cs which currently operates 10 primary care practices in Queens and Brooklyn. Our managed practices provide more than 40,000 visits annually, providing low-cost, high-quality care within medically under-served communities. Three additional sites will be added in the Fall 2020. Medwood plans to expand significantly in the next few years within the five NYC boroughs, helping to fill a gap in the healthcare system for primary care physicians who are able to efficiently and effectively manage the entire spectrum of healthcare-related services that families need, particularly in communities facing a shortage of primary care providers. Expansion will occur both by acquiring existing practices & building new sites. Medwood Services was purchased by Bridges Fund Management in July 2018 as one of their Growth Business investments. Bridges is a thematic investor. Across all of their strategies, they focus on four specific goals or themes to help source and select compelling investment opportunities. These four themes reflect social and environmental trends that are shaping our world: Stronger Communities; Sustainable Planet; Future Skills; and Healthier Living where they are investing to improve physical and mental health and well-being. The U.S. is currently facing a number of pressing long-term public health challenges – from the opioid crisis, to the ageing population, to rising obesity among children – all of which are putting ever-greater pressure on the primary care system. Within our Healthier Lives theme, Bridges has sought to invest in solutions such as alternative site services, physician practice management, behavioral & mental health, home care services & , and accessible health and fitness facilities. read more

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