PM PEDIATRIC CARE ANNOUNCES $50M INVESTMENT FROM SCOPIA CAPITAL AND JEFFERSON RIVER CAPITAL
Summary
Leading National Pediatric Urgent Care & Behavioral Health Network Receives Funding to Further Its Mission in Revolutionizing the Delivery of Pediatric CareLONG ISLAND, N.Y., June 20, 2023 /PRNewswire/ -- PM Pediatric Care, a nationally recognized leader in the delivery of pediatric care, announces $50M in Series E equity funding led by Scopia Capital, including Jefferson River Capital.Funding from this series will be used to accelerate expansion of the companys world-class urgent care network; its newer service offerings, including its mental and behavioral health program for children and young adults; and its school health program. The company is widely recognized for its high-quality, evidence-based, and convenient healthcare services for children and young adults, offered both in-office and virtually. Were proud to support the Company as it works to change how pediatric medicine is delivered in our country, making access to specialized physical and mental health care convenient and affordable," said Matthew Sirovich, Managing Partner of Scopia Capital.PM Pediatric Care also announces the appointment of two new board members. During her time at CVS, Foulkes helmed the companys groundbreaking ExtraCare loyalty program, improving prescription drug delivery at low costs. "Now more than ever, quality urgent care, behavioral health, and other outpatient services are crucial for the welfare of our children and young adults.