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MBF Healthcare Partners

     

Mike Fernandez, Chairman
Miguel (Mike) Fernandez currently serves as Chairman of MBF Healthcare Partners, L.P., a private equity firm with committed capital in excess of $500 million located in Coral Gables, Florida. The firm focuses on investing in healthcare service companies nationwide. Mr. Fernandez's career has centered on acquiring, growing and divesting of healthcare services companies.

Mr. Fernandez was Founder, President and CEO of Group Tech Systems, Inc., the first national database of group health insurance information. Founder and CEO of Comprehensive Benefit Administrators, Inc. (CBAI) which was sold to RHMO (a public company) in 1990. He served as Executive Vice President of Ramsay-HMO, Inc. from 1990 to 1992. Founder and CEO of Physicians Healthcare Plans, Inc., which was sold to Amerigroup Corporation (a public Company) in 2002. Founder and controlling shareholder of Prescribit Rx, which was sold to Humana (a public company) in 2005. Founder and CEO of CarePlus Health Plans, Inc., which was sold to Humana (a public company) in 2005. Founder and controlling shareholder of Atlantic Dental, Inc., a dental HMO, which was sold to Doral Dental in 2008. Founder and controlling shareholder of Hospitalists of America which was sold to IPC The Hospitalist Company, Inc. (a public company) in 2008. Controlling interest in Navarro Discount Pharmacies, the largest retail pharmacy chain in the U.S. focused on the Hispanic market. Controlling shareholder in NutriForce, a vitamin manufacturing and distribution company. Founder and controlling shareholder in Simply Healthcare Plans, a health maintenance organization (HMO). Controlling shareholder in Better Health, a provider services network (PSN). Acquired controlling interest in MSD, a Massachusetts based distribution company sold in 2010.

Mr. Fernandez currently serves on the board of directors of MEDNAX, Inc. (NYSE: MD). His community service endeavors include serving on the boards of the United Way of Miami-Dade County and the University of Miami. He is also Vice Chairman of the University of Miami Medical Affairs Committee. He formerly served on the board of the Miami Children's Hospital Foundation and Sylvester Cancer Hospital. Mr. Fernandez has been honored frequently with recognition for his business acumen. He was named Ernst & Young Entrepreneur of the Year in 1995.

He attended the University of New Mexico and Northern Virginia Community College. He was honorably discharged from the U.S. Army in 1975.

2006-2007 Highlights
- Acquisition of Medical Specialties Distributors in Boston, Massachusetts
- Acquisition of NDP
- Acquisition of FDC Vitamins, Inc.
- Acquisition of Nutri-Force, Inc.

2008 Highlights
- Acquisition of Omni Healthcare
- Divestiture of HealthCare Atlantic
- Divestiture of Hospitalists of America

2009 Highlights
- Acquisition of Homecare Solutions Group
- Acquisition of Innovative Medical Systems
- Acquisition of Outpatient Infusion Systems

2010 Highlights
- Divesture of Medical Specialties Distributors
- Acquisition of Medicaid Assets of Total Health Plans
- Acquisition of Better health, a PSN

e-mail address: mfernandez@mbfhp.com

copyright 2009 MBF Healthcare Partners

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