PartnerMD Announces Transaction with Markel Ventures

Founder and CEO Linda Nash announced Wednesday that Richmond-based PartnerMD is now a subsidiary of Markel Ventures of Richmond.
 
July 15, 2011 - PRLog -- PartnerMD, LLC, a concierge medical and executive health program with more than 4,000 client members in Richmond, McLean and Midlothian, Virginia, announces today that it is now a subsidiary of Markel Ventures of Richmond.

"We are very pleased to conclude this transaction with Markel, a well-managed, locally based firm with whom we've enjoyed a long relationship," said PartnerMD CEO and founder Linda Nash.

"This will allow new opportunities for serving the healthcare needs of our client members, and allows us to partner with a group of people who share our ethics and vision," said Dr. James Mumper, PartnerMD's co-founder.

"We're very excited about PartnerMD joining our group of companies," said Markel President and Chief Investment Officer Tom Gayner. "It has an outstanding reputation among its members and in the community, and it is a winning model for the future of health care."

PartnerMD offers amenities related to attentive medical care, with 24/7 access to doctors, no-wait appointments, and in-office nutritionists, exercise physiologists and lab testing, all with a focus on prevention. It is also known regionally for its state-of-the-art executive physical exams for individuals and dozens of corporations in the Atlantic and Midwest regions.  

Nash and Mumper began PartnerMD in February 2003. The nine current PartnerMD doctors have a combined total of over 175 years of experience, and several have won “top doc” awards. More than 95% of PartnerMD’s members re-enroll each year.

PartnerMD, headquartered in Richmond, Virginia, focuses on disease prevention and health maintenance, coupled with a unique one-on-one doctor/patient relationship. Visit PartnerMD on the web at www.partnermd.com.

Markel Corporation is a diverse financial holding company serving a variety of niche markets, and seeks to provide quality products and excellent customer service. Visit Markel Corporation on the web at www.markelcorp.com.
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Tags:PartnerMD, Markel Corporation, Markel Ventures, James Mumper, Linda Nash, Richmond, Virginia, VA, Mclean, Midlothian
Industry:Merger & Acquisition
Location:Richmond - Virginia - United States
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