ATLAW Represents Personic Healthcare in $5M Acquisition of Florida Based WoundMD Serving 20,000 Patients Annually
May 5, 2023
Virginia-based Personic Healthcare has successfully completed its acquisition of WoundMD, one of the largest Florida-based wound care facilities in the State. ATLAW represented Personic Healthcare in all aspects of the deal. The ATLAW team included Hassan F. Abdallah and Wedad Suleiman.
Personic Healthcare, established in 2020 at the height of the COVID-19 epidemic to increase access to testing, has evolved into a cutting-edge healthcare organization devoted to providing patients with high-quality, practical care nationwide.
Personic’s recent acquisition of WoundMD represents a significant development in Personic’s aggressive acquisition-based growth strategy nationwide, with the assistance of ATLAW.
The acquisition of WoundMD is anticipated to increase Personic's already considerable national position in this field by expanding its national advanced wound care service model into Florida. Personic's strategic goal is to dominate the healthcare sector through service expansion and innovating healthcare delivery models that lead to better health outcomes for their patients.
The acquisition of WoundMD by Personic Healthcare builds on the connection between WoundMD's success in Florida and Personic's strong position nationally in the wound care industry. The agreement is anticipated to open up new possibilities to ultimately help more patients and increase access to high-quality, practical healthcare.
ATLAW is honored to serve Personic Healthcare in this deal and in it's continued growth as a leading healthcare organization throughout the country.