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Medline Industries, LP is an American private healthcare company headquartered in Northfield, Illinois.In June 2021 it was acquired by a consortium of private equity firms Blackstone, Carlyle and Hellman & Friedman valuing the company at $34 billion in one of the largest leveraged buyouts of all time.
This is a list of Illinois companies which includes notable companies that are headquartered in Illinois, or were previously headquartered in Illinois. In general, this list does not include companies headquartered in one of the municipalities of the Chicago metropolitan area .
Amedisys announced March 28, 2014, it was closing 29 care centers (23 home health and six hospice) and consolidating another 25 (21 home health and four hospice). [12] The Concord (NH) office of Beacon Hospice was closed on April 30, 2014. [13]
ProMedica Senior Care, formerly HCR ManorCare Inc, is a major provider in the United States of both short-term post-acute and long-term care.As of 2020, it had more than 300 skilled nursing and rehabilitation centers, assisted living facilities hospice and home health care offices, and over 45,000 employees. [1]
The company, Hospice Care, Inc., or HCI, began generating big profits. Soon after, it also attracted its first scandal. In 1991, the Department of Health inspector general concluded that HCI administrators had urged workers to boost revenue by making sure a unit the company managed at a Chicago hospital remained full, according to the Miami New ...
Operating 53 hospice programs in 15 states and the District of Columbia, [2] VITAS employs 11,000 professionals and serves an average daily census of more than 21,000 patients, according to the company's website. [3] VITAS is a subsidiary of publicly traded Chemed Corporation, which also owns plumbing company Roto-Rooter. [4]
Gentiva Health Services is a provider of home health care, hospice, and related health services in the United States.The company is headquartered in Atlanta, Georgia.Prior to its October 2014 acquisition by Kindred Healthcare, it was a Fortune 1000 company with over $1.7 billion in annual revenue and a member of the S&P 600 index.
Medicare largely bankrolls the hospice industry, providing $15 billion out of $17 billion in revenue in 2012. Since 2000, for-profit companies that have aggressively courted new types of patients for hospice, including people suffering from degenerative diseases like Alzheimer’s and Parkinson’s, have come to dominate the field.