FLC Credit Partners Provides US$20 Million Acquisition Facility to Skylight Health Group
Summary
The acquisition facility funded Skylight’s purchase of NeighborMD, a primary care entity that operates across Central and Southern Florida with over 2,400 owned and affiliated global capitated risk lives. “ Providing Skylight with acquisition capital will accelerate its positive impact on patient health outcomes,” said Hendrik Jordaan, Chairman of FLC Credit Partners. “ FLC Credit is a valued partner and we enjoyed working with them as part of our NeighborMD acquisition,” said Prad Sekar, CEO and Co-Founder of Skylight. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools including proprietary technology, data analytics and infrastructure. VBC will lead to improved patient outcomes, reduced cost of delivery and drive stronger financial performance from existing practices.