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It provides independent living, assisted living, memory and skilled nursing care, managing 20 campus-style retirement communities in 11 states. Headquartered in Catonsville, Maryland, it employs over 17,000 people for 24,000 residents as of 2024. [1]
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.
Genesis Health Ventures was founded by Michael R. Walker [3] and Richard R. Howard in 1985, with the acquisition of nine centers. [4] Between 1985 and 1998, Genesis Health Ventures grew from a $32 million to a $2.4 billion public company through the acquisition of nursing homes and services, including rehabilitation therapy, diagnostic testing, respiratory therapy, and pharmacy companies.
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MedStar Family Choice is a managed care organization serving the District of Columbia and Maryland. Coverage is provided for participants in DC, [38] and Maryland. [39] Maryland Children's Health Program [40] MedStar Health Research Institute (MHRI) [41] offers research support for MedStar's medical and instructional services.
The New York man was able to rapidly expand his nursing home business by selling an insurance brokerage he owned for $22 million. At the time he owned the company, from Oct. 31, 2017, through May ...
The state of Iowa, where nursing homes have compiled one of the nation’s worst records for staffing-level violations, has joined 19 other states in suing the Biden administration to block the ...
In June 2017, Kindred announced a definitive agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, to sell the company's skilled-nursing facility business for $700 million. The sale included 89 nursing centers with 11,308 licensed beds and seven assisted living facilities with 380 licensed ...
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