Coker Group Company Research Report
Company Overview
- Name: Coker Group Holdings, LLC, d.b.a. Coker
- Mission: Coker is a trusted partner in developing high-performing organizations so they can deliver high-quality care in the healthcare sector.
- Founded: Information not provided.
- Founders: Information not provided.
- Key People:
- Max Reiboldt, CPA - Chairman
- Justin Chamblee, CPA - President
- Josh Nazarian - CEO of the Coker platform
- Mark M. Deutsch, MBA, CSM - Senior Vice President
- Headquarters: 2400 Lakeview Parkway, Suite 400, Alpharetta, GA 30009
- Number of Employees: Information not provided.
- Revenue: Information not provided.
- Known For: Coker is renowned for its healthcare advisory services, providing performance transformation, transaction advisory, and compliance consulting to hospitals and physician enterprises nationwide.
Products and Services
- Coker offers a range of consulting services including:
- Performance Transformation: Maximizing ROI and improving financial and operational performance.
- Transaction Advisory: Evaluating feasibility, integrating operations, managing risk, and optimizing financial outcomes.
- Compliance Services: Protecting against risks and exposure, featuring provider coding audit and education, HIPAA compliance, and regulatory compliance services.
- Notable Services and Features:
- Provider Compensation Strategy: Planning and managing provider compensation with governance, transparency, and compliance.
- IT System Implementation, Migration & Optimization: Enhancing healthcare IT systems for improved service delivery.
- Mergers & Acquisitions: Managing business valuations and due diligence processes.
- Fair Market Value & Commercial Reasonableness: Ensuring valuation compliance and economic reasonability.
- Cybersecurity Advisory: Protecting patient information and ensuring system integrity.
Recent Developments
- Acquisitions:
- Acquired NorthGauge Healthcare Advisors in October 2024, a clinical compliance and performance improvement company, expanding Coker's compliance advisory services and clinical decision support expertise.
- Acquired TTG Healthcare Advisors also in October 2024, a company providing strategy, operations, and financial services to medical practices and surgery centers.
- Partnerships and Investments:
- Coker’s platform growth supported by a majority recapitalization with Trinity Hunt Partners in December 2023, marking a foundational investment in healthcare advisory services.
- Prominent Collaborations:
- Collaboration with NorthGauge and TTG aims to extend performance-oriented service offerings to healthcare organizations, insurance companies, and healthcare attorneys across the U.S.
- Leadership Expansion:
- Added Alex Kirkland as Vice President to expand the financial advisory and physician enterprise services.
- Appointed Brandt Jewell as Senior Vice President to lead the Physician Services Group.
Strategic Insights
Coker continues to expand its footprint in the healthcare advisory industry through strategic acquisitions and partnerships, focusing on comprehensive service offerings that address compliance, transaction advisory, and performance improvement. Their focus remains on integrating and optimizing healthcare systems while maintaining regulatory compliance and providing expert advisories tailored to the unique needs of physician networks and healthcare organizations.