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Universal Medical Concepts is the holding company for Sunrise Medical Group and affiliated entities which provide comprehensive neurological care to patients in Southern Florida. Sunrise Medical Group employs approximately 30 neurologists and is one of the largest neurology groups in the United States. Sunrise provides integrated services to its patients (e.g., primary neurological care, imaging, physical therapy) and provides inpatient neurological care at most hospitals throughout Broward County.
Cypress acted as financial advisor to Universal Medical Concepts in the sale of substantially all its subsidiaries to Tenet Healthcare Corporation’s Florida-based physician subsidiary. The UMC subsidiaries sold to Tenet Florida Physician Services, LLC were Sunrise Medical Group, Inc., Sunrise Pulmonary Group, Inc., Sunrise Sleep Diagnostics, Inc., Sunrise Diagnostics of Hollywood, Inc. and Neuro On-Call, LLC.