MedCity News June 23, 2023
PM Pediatric Care’s funding round was led by Scopia Capital and included participation from Jefferson River Capital. In total, the company has raised more than $140 million, said Steven Katz, co-founder and co-CEO of PM Pediatric Care.
College roommates Steven Katz and Dr. Jeffrey Schor co-founded PM Pediatric Care, a pediatric urgent care company, in 2005 with the goal of providing children an option for support outside of the emergency department.
Since then, the Long Island, New York-based company has treated 6.5 million patients, grown to have 78 locations across 15 states, and has added service lines like telemedicine and behavioral health. It makes its revenue primarily through reimbursement from insurers and accepts most health plans. PM Pediatric Care also...