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Ben Mackay
Principal at Evolve Capital specializing in lower middle-market private equity investments in non-facility, government-reimbursed healthcare sectors, with deep experience in Medicare home health and related services.
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Dec 16, 2025
• 20min
Episode 118: Opportunities in Lower Middle-Market Healthcare, With Ben Mackay
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Ben Mackay, a Principal at Evolve Capital, dives into the intriguing realm of lower middle-market healthcare, specifically focusing on Medicare home health. He shares how controlling ownership paired with founder retention can create lasting value. With insights on growth opportunities in autism services and specialty pharmacies for pets, he also discusses challenges like workforce shortages and navigating regulatory hurdles. Ben emphasizes rural market strategies and the advantages of scale in home healthcare, showcasing a diverse landscape of emerging opportunities.
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