Mangrove Management Partners
Mangrove Management Partners is a Burlington, MA healthcare management platform founded in 2020 that partners with vascular surgeons, interventional radiologists, and cardiologists, plus health systems, to deliver office-based vascular care via compliance, RCM, data analytics, and clinical trials services, primarily across the Northeast United States.
- Company typePrivate
- Founded2020
- HeadquartersLexington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Mangrove Management Partners does
Mangrove Management Partners is a Burlington, Massachusetts-based healthcare management platform founded in 2020 that partners with vascular surgeons, interventional radiologists, and interventional cardiologists, as well as the health systems that employ them, to deliver office-based vascular and interventional care. The company operates an integrated platform organized around four service modules: Foundational Best-Practices (compliance, financial reporting, revenue cycle management, expense management, inventory, HR, and recruitment); Data Analytics and Technology (proprietary infrastructure that tracks clinical outcomes against medical standards and peer benchmarks, with optimization and market intelligence tools); Clinical Trials Management (delivered through wholly owned subsidiary Vascular Breakthroughs, running pre-market FDA studies, post-market studies, and investigator-led research for medical device and pharmaceutical sponsors); and Care Optimization and Growth (site-of-service analysis, market development, community education, and strategic growth planning). The affiliated practice footprint includes The Vascular Care Group and American Vascular Associates, which provide the physician delivery layer connected to the management platform.
The company generates revenue through long-term Management Services Agreements with partner physicians and health systems (managed services model covering compliance, RCM, financial reporting, and operational support) and through professional services revenue from clinical trials work at Vascular Breakthroughs. Pricing is contractual and not publicly disclosed. Go-to-market is enterprise field sales targeting physician practices and hospital systems, with expansion historically focused on the Northeast United States, supported by a Series B funding round in October 2021 led by Wells Fargo Strategic Capital and NewSpring Capital, with participation from Dr. Robert Bessler. Leadership is led by co-founder and CEO Mark Rowe (ex-Easterly Capital, MIT Sloan MBA) and includes Harvard-affiliated vascular surgeons serving as physician partners and Board members.
Mangrove Management Partners firmographics
Firmographics- Name
- Mangrove Management Partners
- Legal name
- Mangrove Management Partners
- Website
- https://mangrovemp.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mangrove Management Partners is a Burlington, MA healthcare management platform founded in 2020 that partners with vascular surgeons, interventional radiologists, and cardiologists, plus health systems, to deliver office-based vascular care via compliance, RCM, data analytics, and clinical trials services, primarily across the Northeast United States.
- Ownership category
- akta.pro rank
Mangrove Management Partners industry classification
Industry- Product category
- Vascular Care Management Services
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)
Keywords
Where Mangrove Management Partners is headquartered
LocationHeadquarters
- HQ city
- Lexington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mangrove Management Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Management Services Agreements: Revenue generated through partnerships with physicians and health systems, providing management capabilities for vascular care delivery including compliance, financial reporting, revenue cycle management, and operational support.
- Clinical Trials Management: Through wholly owned subsidiary Vascular Breakthroughs, revenue generated from pre-market FDA approval processes, post-market studies, and investigator-led research for medical device and pharmaceutical companies.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Mangrove Management Partners product offering
Product offeringCore offering
Mangrove Management Partners is a vascular care management company that partners with leading physicians and health systems to deliver value in healthcare through improved patient outcomes at lower cost. It provides management services spanning foundational best-practices (compliance, financial reporting, revenue cycle management, HR), care optimization and growth, data analytics and technology, and clinical trials management through its subsidiary Vascular Breakthroughs.
Product overview
Mangrove Management Partners operates as a unified vascular care management platform founded in 2020. The platform integrates five core service modules: the main Mangrove Management Partners Platform (providing overall vascular care management infrastructure), Data Analytics and Technology Services (for performance tracking and optimization), Clinical Trials Management (through the Vascular Breakthroughs subsidiary for FDA studies and research), Foundational Best-Practices Services (compliance, finance, HR, and operations), and Care Optimization and Growth (site-of-service optimization and market development). Together, these components enable the company to partner with physicians and health systems to deliver better patient outcomes at lower costs.
Differentiator
Problem solved
Functional benefit
Brands
- The Vascular Care Group: Vascular care practice group affiliated with Mangrove Management Partners, consisting of outpatient endovascular care centers.
- American Vascular Associates
- Vascular Breakthroughs
Products and services
- Vascular Care Management Platform Core management services platform for vascular and interventional care delivery, partnering with physicians and health systems to provide compliance, financial reporting, revenue cycle management, expense management, inventory control, HR/recruitment, and operational infrastructure. The primary care delivery platform is The Vascular Care Group.
- Data Analytics and Technology Services Technology platform providing physicians and care teams with data infrastructure for practice and patient care analysis, including Clinical Outcomes Analytics, Optimization Analysis Tools, and a Market Intelligence Platform with peer data comparison and performance benchmarking against medical standards of care.
- Clinical Trials Management Outpatient clinical trials management and associated research delivered through wholly owned subsidiary Vascular Breakthroughs, supporting pre-market FDA approval processes, post-market studies, and investigator-led research for medical device and pharmaceutical companies.
- Foundational Best-Practices Services Back-office management services including healthcare compliance, accounting and financial reporting, revenue cycle management, expense management, inventory control, and human resources/recruitment, designed to support superior patient experiences and outcomes across affiliated practices.
- Care Optimization and Growth Services Strategic services helping physicians and health systems optimize the site-of-service of vascular and interventional care, including market development, community education, and growth planning to deliver care in the safest, most appropriate procedural settings.
Quantifiable outcome
- Lower total medical expenses (TME) for payors
- +1 more outcomes
Companies that use Mangrove Management Partners
Customer profileSegments3 records
Ideal customer profiles3 records
Mangrove Management Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mangrove Management Partners partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and strategic.
- The Vascular Care GroupcoreOperating platform and affiliate company providing office-based vascular care services. Mangrove Management Partners works with The Vascular Care Group physicians to deliver value in healthcare.
- American Vascular AssociatesstrategicPartner organization in vascular care. Mangrove, The Vascular Care Group, and American Vascular Associates jointly commend CMS and MedPAC for CY 2026 Physician Fee Schedule changes supporting office-based care.
- Vascular BreakthroughscoreWholly owned subsidiary of Mangrove Management Partners focused on clinical trials management. Works with medical device startups to established multinational companies for FDA pre-market and post-market studies.
Scale indicators4 records
Recent moves5 records
Expansion highlights6 records
Mangrove Management Partners competitors and assessment
Company assessmentDirect peers
- U.S. Vascular Management Group: Management services organization for office-based vascular labs (OBLs) across the U.S. Directly comparable to Mangrove in OBL/MSO model, target physicians (vascular surgeons, interventional radiologists, interventional cardiologists), and site-of-service economics. Mangrove's EVP of Development Paul Mortensen previously served as VP of Business Development at this organization.
- American Vascular Associates: Vascular care organization partnering with Mangrove on CMS advocacy around office-based care reimbursement. Operates in the same OBL/vascular MSO space with overlapping physician partners and shared interest in site-of-service economics.
Broad incumbents
- Surgery Partners: Publicly traded ambulatory surgery center (ASC) management company with a similar long-term partnership model. Broader than Mangrove in surgical specialties but applies analogous MSO economics and physician partnership structure to outpatient procedure sites.
- U.S. Anesthesia Partners: Physician practice management company in anesthesia with a similar long-term partnership model, value-based care focus, and institutional private equity backing. Demonstrates the broader MSO playbook for physician partnership and value-based care delivery that Mangrove applies in vascular care.
- Envision Healthcare: Large physician services company providing outsourced clinical and management services to hospitals and health systems. Broader incumbent in the physician partnership MSO space with overlapping themes in physician recruitment, practice management, and clinical quality benchmarking.
- Tenet Healthcare: Publicly traded hospital operator with significant ASC investments through United Surgical Partners International (USPI). Competes with Mangrove's office-based model and has structural incentive to defend hospital outpatient vascular procedure volumes against site-of-service shifts.
- HCA Healthcare: Largest U.S. for-profit hospital operator with extensive outpatient services. Competes with office-based vascular care economics through its hospital outpatient vascular procedure volumes and could build or acquire competing OBL networks in Mangrove's Northeast footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Mangrove Management Partners social profiles
Digital presenceMangrove Management Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mangrove Management Partners leadership team
Management profileNumber of profiles
Profiles13 records
Mangrove Management Partners subsidiaries and ownership
Company hierarchySubsidiaries1 record
Mangrove Management Partners funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mangrove Management Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mangrove Management Partners
What does Mangrove Management Partners do?
Mangrove Management Partners is a vascular care management company that partners with leading physicians and health systems to deliver value in healthcare through improved patient outcomes at lower cost. It provides management services spanning foundational best-practices (compliance, financial reporting, revenue cycle management, HR), care optimization and growth, data analytics and technology, and clinical trials management through its subsidiary Vascular Breakthroughs.
Is Mangrove Management Partners a public or private company?
Mangrove Management Partners is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mangrove Management Partners founded?
Mangrove Management Partners was founded in 2020. It employs 11 to 50 people.
Where is Mangrove Management Partners based?
Mangrove Management Partners is headquartered in Lexington, United States, in the North America region.
How does Mangrove Management Partners make money?
Two revenue lines are on record. Management Services Agreements are the primary driver. The others are clinical Trials Management.
Who are Mangrove Management Partners's main competitors?
Direct peers on record are U.S. Vascular Management Group and American Vascular Associates. Broad incumbents are Surgery Partners, U.S. Anesthesia Partners, Envision Healthcare, Tenet Healthcare and HCA Healthcare.
Does Mangrove Management Partners have an API?
No public API is recorded for Mangrove Management Partners.
What industry is Mangrove Management Partners in?
Mangrove Management Partners's product category is Vascular Care Management Services. Its primary akta.pro industry code is HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations. Its NAICS code is 54161 and its SIC code is 8742.