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Genesis Health Ventures was founded by Michael R. Walker [2] and Richard R. Howard in 1985, with the acquisition of nine centers. [3] 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.
Major employees by category (sourced by Greater Louisville Inc.): Top 10 Advanced Manufacturing & Logistics Employers; Top 10 Business Services & Tech Employers; Top 10 Food & Beverage Employers; Top 10 Health Enterprises & Aging Care Employers
This page was last edited on 16 February 2024, at 22:54 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
[13] [14] Kindred's long-term acute care hospitals, rehab hospitals and contract rehabilitation services businesses would be operated as Kindred Healthcare, a separate specialty hospital company owned by TPG and WCAS. [15] [16] The transaction was approved on April 5, 2018, and completed on July 2, 2018. [17] [18]
For the treatment centers, the revolving door may be financially lucrative. “It’s a service that rewards the failure of the service,” Johnson said. “If you are going to a program, you don’t succeed and you pay X-thousand dollars. When you fail, you go back — another X-thousand dollars. Because it’s your fault.”
This page was last edited on 16 February 2024, at 23:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Encompass Health Corporation, based in Birmingham, Alabama, is the nation's largest provider of inpatient rehabilitative services, offering facility-based care through its network of 166 inpatient rehabilitation hospitals located in 38 states and Puerto Rico. [3]
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