For Institutional Investors

$1 Trillion in Independent Healthcare Revenue.

One Infrastructure to Package It.

Solo practices. Group practices. DSOs. MSOs. 500,000+ healthcare businesses generating $1 trillion in revenue — and no infrastructure exists to package them for institutional capital. Until now.

Why Independent Healthcare Revenue

The same revenue streams PE firms extract 15-30% from can be structured for base return targets in the 4-7% range on the practice asset alone. The spread protects doctor autonomy while delivering stable, long-term outcomes.

01

Predictable Revenue

Healthcare practices generate recurring, needs-based revenue with minimal cyclicality. People always need doctors.

02

Demographic Tailwinds

An aging population means growing demand for healthcare services. The patient base expands year over year, structurally.

03

Consolidation Acceleration

Physician ownership dropped from 60% to 42% in 12 years. PE doubled its share in just two. The structural transition is accelerating — and most of the market has no infrastructure to capture it.

Not a Roll-Up. An Infrastructure Company.

PE firms buy practices and squeeze margins. We built infrastructure that turns fragmented practice data into institutional-grade assets — and at scale, the platform layers compound on top of the base yield. This isn’t a healthcare company. It’s an infrastructure company that runs on healthcare revenue.

01

Base Yield

4-7% target return on verified, recurring healthcare practice revenue. Needs-based, low-cyclicality cash flows backed by demographic tailwinds. This is the floor, not the ceiling.

02

Technology & AI

Purpose-built platform with AI-powered document intelligence, financial verification, and deal infrastructure. Technology that scales at near-zero marginal cost with every practice added.

03

Portfolio Services

Group purchasing, revenue cycle management, staffing, and lending — services that get cheaper and more profitable with every practice in the network. Fixed cost leverage at scale.

04

Data & Real Assets

At 500,000+ practices, the portfolio holds one of the largest healthcare datasets in the world — plus real estate across every practice location. Assets that compound in value independent of practice revenue.

Doctor autonomy isn’t a concession — it’s the investment thesis. Continuity means lower operational risk, no management overhead, and a self-sustaining asset that doesn’t need to be run.

$10B in Revenue. $3B Going to Random Vendors.

At portfolio scale, roughly 30% of practice revenues flow to outside vendors for supplies, billing, staffing, insurance, and technology. We build those services internally — and capture that revenue for the ecosystem.

01

Group Purchasing & Supply Chain

Bulk buying power across thousands of practices. Lower costs, better terms, and eventually — manufacturing supplies directly.

02

Revenue Cycle & Billing

Billing optimization, insurance management, and revenue cycle management at portfolio scale. Fixed cost leverage that gets cheaper with every practice.

03

Staffing & Recruitment

Hiring, training, and placement across the entire portfolio. Career pathways for healthcare professionals at every level.

04

Insurance & Risk Pools

Captive insurance structures, lower premiums through verified portfolio data, and risk pooling across thousands of practices.

05

Real Estate & REIT

Practice real estate acquisition and lease-back programs. At scale, a healthcare-focused REIT — a separate asset class from the practice revenue.

06

Lending & Capital Services

Practice loans underwritten by verified Zenyte data. SBA-style financing, equipment lending, and expansion capital — backed by real numbers.

Every vertical integration is its own business under the holding company. Revenue diverted from what’s already flowing in — compounding and growing — reinvested back into the portfolio. The base yield is just the beginning.

The Data Behind the Model

Every practice in the portfolio runs through the same structured verification process. Here’s what that looks like at scale.

$1.1T
Total Market Revenue
100%
Of the Market Has No Path to Institutional Capital
0
Structured Steps to Deal-Ready
5,000+
IDAPG Target Portfolio

IDAPG — the Independent Doctors of America Portfolio Group — is the public investment vehicle that securitizes verified healthcare practice revenue streams for pension funds and endowments. The first infrastructure-backed healthcare portfolio built for long-term institutional capital.

Funding Structures for Every Investor

The holding company structure allows infinite vehicle creation. Each serves a different capital market need — from private institutions to individual investors.

01

Pension & Retirement Funds

Your pension owns the practices. The public owns their own healthcare through the retirement accounts they already have. The most natural alignment between capital and care.

02

Institutional Capital

PE firms, family offices, sovereign wealth, endowments. Predefined structures designed for the largest capital pools in the world, backed by verified healthcare revenue.

03

State & Community Funds

State-backed vehicles and local community trusts. A town can own its own healthcare infrastructure. A state can invest in the practices that serve its residents.

04

Individual Investors

Roth IRAs, 401ks, money markets, savings accounts. Accessible structures for everyday investors — not just institutions. Everyone should have a path to these returns.

05

Service-Backed Securities

Mixed baskets of ownership and discounted healthcare services. Invest in the asset class and benefit from it directly — ownership that comes with real-world value.

06

Tokenized Ownership

Blockchain-based fractional ownership of healthcare revenue assets. The future of how assets get divided, traded, and accessed globally.

Every funding structure is a new company under the holding structure. We have the product — a verified asset class backed by the US healthcare market. The question is how creatively capital can flow into it. The answer is: from everywhere.

Important Notice

  • This page is for general education only.
  • It is not an offer to sell securities or a promise of returns.
  • Any return targets are illustrative and may change.
  • Actual results depend on market conditions, execution, and risk factors.
  • Potential investors should do independent legal, tax, and financial review.

Interested in the Thesis?

We welcome conversations with pension funds, endowments, family offices, and institutional allocators exploring healthcare-backed alternatives.