Promise Healthcare Overview
- Year Founded
-
2003

- Status
-
Private
- Employees
-
4,500

- Latest Deal Type
-
Liquidation
- Financing Rounds
-
2
- Investments
-
2
Promise Healthcare General Information
Description
Owner and operator of short-term and long-term acute care hospitals and healthcare facilities created to provide specialty post-acute care health systems to critically ill patients. The company's operated hospitals and skilled nursing facilities' specialized areas of focus include long-term acute care, pulmonary critical care, advanced wound care, skilled nursing care, surgical procedures, behavioral health, rehabilitation therapy, geriatric care and outpatient services, including wound care clinics that are of exceptional clinical quality, enabling critically ill and medically complex patients to obtain quality treatment for their diseases.
Contact Information
Website
www.promisehealthcare.comCorporate Office
- 999 Yamato Road
- Third Floor
- Boca Raton, FL 33431
- United States
Corporate Office
- 999 Yamato Road
- Third Floor
- Boca Raton, FL 33431
- United States
Promise Healthcare Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Promise Healthcare Comparisons
Industry
Financing
Details
Promise Healthcare Competitors (6)
One of Promise Healthcare’s 6 competitors is Vibra Healthcare, a Private Debt Financed company based in Mechanicsburg, PA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Vibra Healthcare | Private Debt Financed | Mechanicsburg, PA | ||||
Kindred Healthcare | Private Equity-Backed | Louisville, KY | ||||
Sound Physicians | Private Equity-Backed | Tacoma, WA | ||||
Aspire Health | Private Equity-Backed | Nashville, TN | ||||
Iroquois Memorial Hospital | Corporate Backed or Acquired | Watseka, IL |
Promise Healthcare Signals
Promise Healthcare Investments (2)
Promise Healthcare’s most recent deal was a Corporate Asset Purchase with Fundamental Long Term Care (Six Healthcare Facilities). The deal was made on 01-Mar-2018.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Fundamental Long Term Care (Six Healthcare Facilities) | 01-Mar-2018 | Corporate Asset Purchase | Buildings and Property | ||
Silver Lake Medical Center | 01-Nov-2008 | Corporate Asset Purchase | Buildings and Property |
Promise Healthcare Exits (1)
Promise Healthcare’s most recent exit was on 01-Nov-2008 from Silver Lake Medical Center. The exit was categorized as .
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
Silver Lake Medical Center | 01-Nov-2008 | Completed |
|
Promise Healthcare Affiliates
Subsidiaries (6)
Name | Industry | Location | Year Founded |
---|---|---|---|
Promise Hospital Of Wichita Falls | Wichita Falls, TX | 2014 | |
Promise Skilled Nursing Facility Of Wichita Falls | Wichita Falls, TX | 2013 | |
Promise Hospital Of Ascension | Baton Rouge, LA | 2007 | |
Promise Hospital | Shreveport, LA | 2003 | |
Promise Hospital Of Vicksburg | Vicksburg, MS | 2003 |
Promise Healthcare FAQs
-
When was Promise Healthcare founded?
Promise Healthcare was founded in 2003.
-
Where is Promise Healthcare headquartered?
Promise Healthcare is headquartered in Boca Raton, FL.
-
What is the size of Promise Healthcare?
Promise Healthcare has 4,500 total employees.
-
What industry is Promise Healthcare in?
Promise Healthcare’s primary industry is Hospitals/Inpatient Services.
-
Is Promise Healthcare a private or public company?
Promise Healthcare is a Private company.
-
What is Promise Healthcare’s current revenue?
The current revenue for Promise Healthcare is
. -
How much funding has Promise Healthcare raised over time?
Promise Healthcare has raised $75M.
-
Who are Promise Healthcare’s competitors?
Vibra Healthcare, Kindred Healthcare, Sound Physicians, Aspire Health, and Iroquois Memorial Hospital are some of the 6 competitors of Promise Healthcare.
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