High-Performance Healthcare

Where Clinical Autonomy Meets Operational Excellence.

Tailored MSO solutions that free physicians to lead, innovate, and thrive.

Professional physician in white coat with stethoscope
Physician collaborating with colleagues

A Transformative Partnership

We empower physicians to focus on clinical excellence while we handle the operational complexity. Our tailored MSO solutions drive sustainable practice growth and improved patient outcomes.

Our Commitment

Empowering Physicians to Deliver at Their Fullest Potential

We are building the operating system for modern physician-led care. Our model equips partner practices with transformative infrastructure: strategic capital, AI-powered clinical support, and specialized administrative capabilities. Our mission is to unlock scalable, high-quality healthcare delivery—without compromising clinical autonomy or patient trust.

Our physician partners benefit from tailored MSO support that removes operational friction, allowing them to focus on outcomes, leadership, and long-term growth. Together, we are elevating the standard of care, not just sustaining it.

Our Model

A Scalable Infrastructure Designed Around the Practice

Today's independent physicians face a paradox—more demand, more regulation, but less support. We designed our MSO model to change that. Our integrated platform offers centralized support across every function: operations, finance, revenue cycle, compliance, and technology.

Our delivery model includes:

  • Virtual and On-Site Practice Optimization: From EMR customization to lean workflow redesign.
  • Population Health Tools: Predictive analytics for better preventive care and risk stratification.
  • Clinical Resource Sharing: Physician-only peer networks and shared clinical staffing models.
  • Advanced Home-Based Programs: Telemedicine and urgent care services enabled by smart triage.
  • Social Risk Solutions: Real-time referral and navigation tools addressing social determinants.
  • Interdisciplinary Operations Pods: Local market teams delivering high-frequency, high-touch support.

We don't just serve practices—we build resilient healthcare ecosystems around them.

The Mersault Delivery Model

Virtual and On-Site Practice Optimization
Advanced Home-Based Programs
Social Risk Solutions
Interdisciplinary Operations Pods
Population Health Tools
Clinical Resource Sharing

Our Team

Our team has 150+ collective years experience in managed care and virtual care delivery.

We have the experience and passion to be the leading growth platform for integrated, coordinated care for the Medicare and Medicare Advantage population.

Karan Mahadev

Founder & General Partner

Karan Mahadev, Founder & General Partner

Dr. Dorrance

General Partner

Dr. Dorrance, General Partner

Alexander Auster

General Partner

Alexander Auster, General Partner

Michael Platt

MSO Senior Management

Michael Platt, MSO Senior Management

Dennis Flint

MSO Senior Management

Dennis Flint, MSO Senior Management

Dr. Brad Venghaus

Strategic Advisor

Dr. Brad Venghaus, Strategic Advisor

Dr. Mehraj Mattoo

Strategic Advisor

Dr. Mehraj Mattoo, Strategic Advisor

Dr. Mohan Kaul

Strategic Advisor

Dr. Mohan Kaul, Strategic Advisor

Dr. Babita Jyoti

Strategic Advisor

Dr. Babita Jyoti, Strategic Advisor

MSc in ML & AI

BSc Econ & BA Intl' Affairs

With over 5 years of board experience and financial leadership, Mr. Mahadev founded Mersault Capital to transform the healthcare landscape through strategic acquisitions of primary care medical practices. Prior to Mersault, he honed his expertise as CFO of ProMake LTD, overseeing complex financial operations and driving operational efficiency.

Combining his deep financial acumen and operational insight, Mr. Mahadev has developed a proven methodology for streamlining practice management and enhancing profitability through centralized support services. His hands-on leadership and extensive network position him to identify high-value opportunities and deliver exceptional long-term returns for investors.

A former NCAA Division I swimmer and participant in the Olympic Trials, he combines discipline and precision in both his career and athletic pursuits.

Dr. Dorrance also serves as our MSO's Chief Medical Officer and has been caring for patients in the veteran community for over 25 years. He served in the U.S. Navy for more than 35 years before retiring at the rank of Captain. During his military service he served as the Chief Medical Officer in the U.S. Navy, and Chief of Medicine at Walter Reed National Military Medical Center.

Dr. Dorrance has also had numerous operational deployments including serving aboard the USS HEWITT (DD-966), USS ACADIA (AD-42) and USNS COMFORT as the Assistant Director for Medical Services during recovery operations following Hurricane Katrina. In addition, in 2010, he served as Director of Branch Clinic, Expeditionary Medical Facility, Kuwait. Dr. Dorrance holds an academic appointment as Associate Professor of Medicine and faculty appointment in the Department of Health Services Administration at USUHS.

Alexander Auster is a U.S.-qualified associate at a leading magic circle law firm in Frankfurt, Germany, specializes in equity and debt capital markets transactions, including IPOs, rights issues, and bond offerings. A skilled negotiator and communicator, he advises diverse clients on complex deals and drafts critical transaction documents.

Admitted to both the New York and Frankfurt Bars, Alexander is also a member of the German-American Lawyers Association e.V.

Alexander holds a Juris Doctor (cum laude) with a concentration in Business and Finance Law from The George Washington University Law School and a BA in Political Science. A former NCAA Division I swimmer and participant in the 2016 Olympic Trials, he combines discipline and precision in both his legal and athletic pursuits.

Michael Platt is a strategic healthcare executive based in Austin, TX, with 20 years experience in transforming medical practice operations through strategic integrations and M&A. His expertise covers the entire transaction process, including due diligence, negotiation, and seamless post-merger integration, leading to optimized performance.

Mike's passion lies in partnering with Primary Care Practices to facilitate their growth and scalability, enabling them to thrive in today's dynamic healthcare landscape. He brings a wealth of knowledge and a results-driven approach to every engagement.

Dennis Flint is a nationally recognized healthcare leader, consultant, and award-winning educator with over 20 years of operational and revenue-cycle management experience in single- and multi-specialty practices and MSOs. He authored The Managed Care Guide, hailed as the definitive resource for practitioners and consultants, and developed Availity's 12-part "Value-Based Transformation" training. As a thought leader in alternative payment models, Flint has spearheaded strategic growth projects—from a hospital/ASC joint venture at St. Anthony Summit to rural clinic funding with DaVita and co-chairing the county's first community clinic.

A U.S. Air Force Academy graduate (B.S. Organizational Behavior), he served as a Top Instructor Pilot and Aircraft Commander on sensitive missions and competed on the USAF Select ski team.

Dr. Brad Venghaus is a board-certified Internal Medicine physician serving the Austin, TX area, specializing in the treatment of acute and chronic conditions, including diabetes, asthma, and COPD. With a commitment to comprehensive patient care, he founded Thrive Medical in 2018, establishing a practice focused on delivering high-quality, personalized medical services.

Dr Venghaus runs a successful primary care practice with 5 locations in Austin Texas.

Dr. Mehraj Mattoo is a noted British investment banker known for his pioneering work in alternative investments and structured products. As the Global Head of Asset Management at Commerzbank AG, he was instrumental in incorporating structured products into hedge funds, promoting institutional investment and industry growth.

He also launched the first Computational Intelligence group in the City, utilizing neural networks for asset allocation. Dr. Mattoo holds a PhD from the University of London and has held esteemed positions, including ALI Fellow and Senior Fellow at Harvard University, as well as a visiting scholar at MIT Sloan. His efforts in structured products significantly influenced the attraction of institutional capital to hedge funds, impacting the industry's development for years to come.

Dr. Mohan Kaul has a distinguished career spanning diplomacy, economic development, and corporate governance. As a member of the UN Secretary General's Management Efficiency Group, he evaluated Nobel Laureate Mohammed Yunus' Grameen Bank and addressed a special session of the UN General Assembly on Public Management.

During his tenure with the Commonwealth, he played a pivotal role in expanding over $4 trillion in trade and facilitating over $300 billion in investment flows. As Founder of the Commonwealth Business Forum, he worked alongside world leaders, including Nelson Mandela and Tony Blair, to promote global economic cooperation.

Dr. Babita Jyoti, M.D., MRCP (UK), Fellow of the Royal College of Radiologists, is a prominent oncologist and among the first in the U.S. to complete a Fellowship in Pediatric and Adult Proton Therapy at the University of Florida Health Proton Therapy Institute. Prior to moving to the U.S., she trained in the UK, finishing a residency in Internal Medicine in Manchester and a dual residency in Medical and Radiation Oncology at the Clatterbridge Cancer Centre.

Dr. Jyoti is a prolific contributor to medical literature, authoring book chapters, peer-reviewed articles, and 10 books in the British Medical Journal Clinical Review series, while also serving as an examiner at Manchester Medical School.

Contact Us

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