From Thesis to Exit

The Leading Private Equity Advisory Firm in Healthcare Reimbursement & Value Creation

Fulcrum Health Partners partners with private equity firms before, during, and after acquisitions to unlock hidden enterprise value — through reimbursement strategy, payer contracting, advanced analytics, operational transformation, managed care leadership, and scalable infrastructure. We don't stop at diligence. We execute.

0
of clients are private-equity backed
0
payer agreements analyzed
$2.7B+
in reimbursement influenced
0
value-creation engagements
Millions
of covered lives evaluated
0
states of market experience
Cross-continuum
provider experience
Decades
of managed care leadership
The Overall Theme
Private equity doesn't invest in contracts.
They invest in EBITDA, enterprise value, and returns.

Healthcare reimbursement is one of the largest — and most underutilized — drivers of enterprise value in healthcare. Fulcrum helps investors identify hidden reimbursement opportunities, quantify their financial impact, execute the improvements, and maximize enterprise value from investment thesis through successful exit.

The Investment Lifecycle

Value creation at every stage

Unlike traditional consultants who exit after diligence, Fulcrum stays embedded — an extension of the investment team and executive leadership. Select a stage to see where we create value.

The Enterprise Value Creation Platform

Engaged at every stage — start to finish

Most firms touch one transaction. Fulcrum is present across the entire arc of the investment.

Fund Strategy Investment Thesis Commercial Diligence LOI Black Box Advisory Acquisition 100-Day Plan Managed Care Transformation Growth Expansion Exit Preparation Successful Transaction

Fulcrum Health Partners — beneath every stage.

Enterprise Value Calculator

Quantify the enterprise value hidden inside reimbursement

Reimbursement is one of the few initiatives that can simultaneously grow revenue, expand EBITDA, improve cash flow, and materially increase enterprise value. Model the impact for a portfolio company.

Investment inputs

Adjust the assumptions — results update live.

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EBITDA Bridge
Enterprise Value Bridge
Enterprise Value Created — Sensitivity ($M)

Illustrative only. Actual outcomes depend on contract terms, payer mix, utilization, implementation, market dynamics, and operational performance.

The Add-Back Advantage

Our fees rarely cost you a turn of EBITDA

Because Fulcrum's engagements are project-based and non-recurring, they are frequently treated as EBITDA add-backs in quality-of-earnings analysis at exit — normalized out of run-rate earnings by the buyer's diligence.

Across engaged portfolio companies that have transacted, our fees were treated as add-backs in the substantial majority of deals — so the investment doesn't dilute the multiple, while the reimbursement value we create flows directly into valuation.

Higher normalized EBITDA → a higher exit multiple applied → better ROI for the fund and its shareholders.

Illustrative. Add-back treatment depends on the quality-of-earnings provider, the buyer, and the specific deal terms.

88%
of transacted deals — Fulcrum fees treated as EBITDA add-backs
Reported + fee add-back Reported EBITDA Normalized EBITDA
Comprehensive Services

Executive-level capabilities across the lifecycle

From confidential diligence to embedded execution — the full platform private equity relies on to create and defend value.

01

Transaction Advisory

Commercial Due Diligence
Reimbursement Due Diligence
Revenue Quality Assessments
Contract Reviews
Investment Thesis Validation
Risk Assessments
Value Creation Planning
02

Fulcrum Analytics™

Expected Pay Modeling
Power BI Dashboards
Executive KPI Reporting
Revenue Leakage Analysis
Payer Mix Analytics
Contract Benchmarking
Predictive Analytics
Scenario Modeling
Covered Lives Analytics
Geographic Heat Maps
03

Managed Care Advisory

Payer Negotiations
Contract Strategy
Health Plan Advisory
Interim Managed Care Leadership
Department Build-Out
Contract Governance
Contract Repository
Renewal Strategy
Executive & Board Reporting
Managed Care Operations
04

Growth Strategy

De Novo Market Expansion
Acquisition Integration
Geographic Expansion
Employer Contracting
Health Plan Strategy
Site Selection
Network Development
Market Intelligence
Competitive Analysis
Revenue Cycle Integration

We integrate with finance and operations

Value only counts when it reaches the P&L. We connect contract strategy directly to the revenue cycle so every negotiated dollar is realized.

Expected Pay Mapping
Revenue Cycle Integration
Contract Configuration
Payment Variance Reporting
Denial Analytics
Contract Compliance
Revenue Integrity
Financial Reporting
Net Revenue Optimization
Fulcrum Analytics™

Portfolio intelligence, boardroom-ready

Provider market heat maps, expected-pay modeling, and value-creation KPIs — the executive views investors use to underwrite and to govern.

Fulcrum Analytics™ · Portfolio Market Heat MapLive Sample
Reimbursement opportunity by marketLower Higher
EBITDA Opportunity · By Portfolio CompanyLive Sample
Identified Opportunity ($M)
Ranked Detail

Illustrative sample dashboards. Fulcrum Analytics™ is built from real contract, claims, and market data.

Sub-Sector Coverage

Deep reimbursement expertise across the healthcare landscape

We underwrite and create value across the full spectrum of healthcare provider investments.

HospitalsHealth SystemsAcademic Medical CentersPhysician GroupsMSOsAmbulatory Surgery CentersOncologyInfusionRadiologyImagingOrthopedicsBehavioral HealthDermatologyENTGastroenterologyUrologyWomen's HealthCardiologyUrgent CareHome HealthHospiceSpecialty PharmacyDialysisWound CareLaboratoriesCritical Access HospitalsFQHCsTransplant Programs
Why Fulcrum Is Different

Most firms deliver a report. We deliver the outcome.

Our work spans the entire investment lifecycle — not simply one transaction.

Traditional Consulting Firms

  • Perform diligence
  • Deliver reports
  • Exit the engagement

Fulcrum Health Partners

  • Performs diligence
  • Quantifies the reimbursement opportunity
  • Builds value-creation plans
  • Executes payer negotiations
  • Implements analytics
  • Builds managed care infrastructure
  • Integrates with the revenue cycle
  • Advises executive leadership
  • Reports to the Board
  • Supports future acquisitions
  • Prepares the company for a successful exit
Today's Challenges. Tomorrow's Solutions.

Every Healthcare Investment Contains Hidden Enterprise Value.

Whether evaluating a target, validating a thesis, integrating an acquisition, expanding into new markets, improving portfolio performance, or preparing for exit — Fulcrum helps private equity firms maximize enterprise value through reimbursement, managed care strategy, analytics, and operational execution.