Companies · Hospitals and Physicians

Northern Ohio Medical Specialists, LLC

Sandusky · Hospitals and Physicians

Diligence memoA one-page analyst read on Northern Ohio Medical Specialists, LLC — recommendation, valuation, rhythm, risks.
$2.9M
Total raised · real
2
Rounds
11.9×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Mon Dec 31 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Northern Ohio Medical Specialists, LLC looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.36× the median modeled value of Seed Hospitals and Physicians companies in 2016–2018 (32 peers) — value vs value, same stage and era.
  • Within the normal band (136% of peer median) for its niche.
Dormant
  • Last raise 7.5 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Northern Ohio Medical Specialists, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
9.6 yr record
Peak capital year was 2018 with $2.6M across 1 filings.
Market position
ahead of 60% of Hospitals and Physicians peers
Capital scale is ahead of 60% of Hospitals and Physicians peers; modeled value is above 75% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2018: $2.6M across 1 filings.
  • Largest single filing was $2.6M on 2018-12-31.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Hospitals and Physicians

Northern Ohio Medical Specialists, LLC is one of 599 Hospitals and Physicians companies tracked from Sandusky. By capital raised it ranks mid-pack (ahead of 60% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
37
Investors (latest)
2018-12-31
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MPre-Seed · 2016-12-12 Raised $222K (real) Modeled valuation $6.4M (est)$222K$6.4MPre-Seed2016Seed · 2018-12-31 Raised $2.6M (real) Modeled valuation $61M (est)$2.6M$61MSeed2018+$2.6MCumulative $2.9M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$222K · 2016
Seed$2.6M · 2018

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$60.6M
Base estimate est.
$2.3M
Conservative case
$475.8M
Upside case
$13.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the health services sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.4M · 2016-12-122016Seed · modeled $60.6M · 2018-12-312018
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.51×/yr
Annual markup
1.98×/yr upside case
6.0 yr
Elapsed time used
7.5 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$1.4M/yr
Capital velocity
9.6 yr
On record since
2016
First round
2
Rounds on file
How it compares to the market

Benchmarked against 599 companies in Hospitals and Physicians. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.6× above median
This company$2.9M
Sector median$1.8M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.6× above median
This company$2.6M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 2.6× above median
This company$60.6M
Sector median$22.9M

Raised more than 60% of sector peers (real $). Modeled value above 75% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #7 of 32.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Covenant Surgical Holdings Corp · Seed Raised $3.5M · modeled $79.8M (est)AlertWatch, Inc. · Seed Raised $4.0M · modeled $77.6M (est)BMI Wellness Concepts PLLC · Seed Raised $3.0M · modeled $69.1M (est)Stafford Emergency Center, LLC · Seed Raised $2.9M · modeled $67.7M (est)Killeen Emergency Center, LLC · Seed Raised $2.8M · modeled $64.1M (est)Franciscan Surgery Center, LLC · Seed Raised $2.7M · modeled $62.5M (est)Westchase Emergency Center, LLC · Seed Raised $2.5M · modeled $58.2M (est)Urgent Care Partners, Inc. · Seed Raised $3.5M · modeled $56.9M (est)MGP-NueHealth Hospital I, LLC · Seed Raised $2.4M · modeled $55.3M (est)Pvdm - Rim Ed, Llc · Seed Raised $2.4M · modeled $54.7M (est)VEP Healthcare, Inc. · Seed Raised $2.3M · modeled $52.9M (est)Northern Ohio Medical Specialists, LLC (this company) Raised $2.9M · modeled $60.6M (est)Northern Ohio Medical Specialists, LLC
CompanyStageRaised · realValue · estvs peer med.
Covenant Surgical Holdings CorpSeed$3.5M$79.8M1.79×
AlertWatch, Inc.Seed$4.0M$77.6M1.74×
BMI Wellness Concepts PLLCSeed$3.0M$69.1M1.55×
Stafford Emergency Center, LLCSeed$2.9M$67.7M1.52×
Killeen Emergency Center, LLCSeed$2.8M$64.1M1.44×
Franciscan Surgery Center, LLCSeed$2.7M$62.5M1.40×
Northern Ohio Medical Specialists, LLC this companySeed$2.9M$60.6M1.36×
Westchase Emergency Center, LLCSeed$2.5M$58.2M1.31×
Urgent Care Partners, Inc.Seed$3.5M$56.9M1.28×
MGP-NueHealth Hospital I, LLCSeed$2.4M$55.3M1.24×
Pvdm - Rim Ed, LlcSeed$2.4M$54.7M1.23×
VEP Healthcare, Inc.Seed$2.3M$52.9M1.19×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$222K2016-12-12$1.2M$6.4M90%
Seed$2.6M2018-12-31$13.2M$60.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$222K2016-12-12
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Seed$2.6M2018-12-31
    • Raised again after 25 mo — slower than the ~12 mo sector norm.
    • Round 11.9× larger than the prior — scaling up.
    • Revenue band moved $25M–$100M → $1M–$5M.
    • 37 investors on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~25mo cadence
$7.9M
Modeled next size est.range $5.1M$12.6M
11.9×
Last step-up
$1.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Anthony G. Tesmond2016-12
Benjamin G. Murcek2016-12
Benjamin Robert Murcek2018-12
Brian G. Baxter2016-12
Brian Robert Baxter2018-12
David Robert Pocos2016-12
Giovanni G. Spadarao2018-12
Giovanni G. Spadaro2016-12
G. Robert Kaftan2016-12
Jeffrey G. Christoff2016-12
Jennifer G. Hohman2016-12
Jennifer Robert Hohman2018-12
Joshua G. Frederick2016-12
Rick G. Visci2016-12
Rick Robert Visci2018-12
Robert G. Hill2016-12
Registry & provenance

Northern Ohio Medical Specialists, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1690335
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Copperfield Emergency Center, LLCHospitals and PhysiciansSeed$2.9M$65.7Msame sector · same stage
San Angelo Hospital LpHospitals and PhysiciansSeed$2.9M$65.7Msame sector · same stage
San Joaquin Valley Surgery Center, LLCHospitals and PhysiciansSeed$2.8M$34.2Msame sector · same stage
Huntington Ambulatory Surgery Center, LLCHospitals and PhysiciansSeed$2.9M$66.6Msame sector · same stage
HealthPark, L.L.C.Hospitals and PhysiciansSeed$2.9M$66.8Msame sector · same stage
Msp Investors LlcHospitals and PhysiciansSeed$2.9M$66.8Msame sector · same stage
HealthyU Family Medicine Holdings, LLCHospitals and PhysiciansSeed$2.8M$7.6Msame sector · same stage
Heartland Surgical Specialty Hospital LlcHospitals and PhysiciansSeed$2.8M$5.5Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
North American Specialty Hospital, LLCHospitals and PhysiciansPre-Seed$7.2M85%
Northwest Indiana Health System, LlcHospitals and PhysiciansSeed$12.6M84%
Doylestown Surgery Center, LLCHospitals and PhysiciansPre-Seed$10.0M80%
Center For Specialty Surgery Of Columbus, LlcHospitals and PhysiciansSeed$33.2M80%
Stafford Emergency Center, LLCHospitals and PhysiciansSeed$67.7M79%
Physicians United Surgery Center, LLCHospitals and PhysiciansPre-Seed$8.6M79%
Kentucky Hospital Management LLCHospitals and PhysiciansSeries C$986.7M79%
NKD Rehab, LLCHospitals and PhysiciansSeries A$146.7M79%
Frequently asked
How much funding has Northern Ohio Medical Specialists, LLC raised?
Northern Ohio Medical Specialists, LLC has raised approximately $2.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Northern Ohio Medical Specialists, LLC's estimated valuation?
Provath's modeled valuation for Northern Ohio Medical Specialists, LLC is approximately $60.6M (modeled range $2.3M–$475.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Northern Ohio Medical Specialists, LLC at?
Northern Ohio Medical Specialists, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Dec 31.
What does Northern Ohio Medical Specialists, LLC do and where is it based?
Northern Ohio Medical Specialists, LLC operates in the Hospitals and Physicians sector, based in Sandusky.
Explore related

See where Northern Ohio Medical Specialists, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Northern Ohio Medical Specialists, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.