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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.
The 26-story structure is headquarters of the Humana Corporation, and was designed by the Driehaus Prize winner and New Classical architect Michael Graves. [2] Construction began in October 1982 and was completed in May 1985. [3] Each side of the building is designed slightly differently, up to a sloping pyramid style for the upper few floors.
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
[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.”
After the acquisition, LifePoint now operates hospitals in 25 states, including the former Kindred rehabilitation and behavioral health businesses. [ 14 ] [ 15 ] ScionHealth will consist of 79 hospital campuses in 25 states, including Kindred’s 61 long-term acute care hospitals and 18 of LifePoint’s community hospitals and associated health ...
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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]