Founded in 2005 by college roommates Steven Katz and Dr. Jeffrey Schor and based in Long Island, New York, PM Pediatric Care operates pediatric urgent care centers and provides telemedicine and school-based virtual physical and mental health services. The company has treated 6.5 million patients and operates 78 locations across 15 states. It generates revenue primarily through insurer reimbursement and accepts most health plans. PM Pediatric Care has expanded its service lines to include behavioral health and telehealth and plans to add primary care. Leadership says the company intends to grow site count—particularly in markets where it already has a presence such as Chicago, Los Angeles and Dallas—and to build out its behavioral health business. Management is also exploring acquisitions and a shift toward value-based care, requiring investment in outcome-tracking systems.

Total raised

$50M

Funding rounds

1

Latest round

Series E

Latest activity

Jun 2023