Promise Healthcare Overview

  • Year Founded
  • 2003

Year Founded

  • Status
  • Private

  • Employees
  • 4,500

Employees

  • 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.com
Ownership Status
Privately Held (backing)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 999 Yamato Road
  • Third Floor
  • Boca Raton, FL 33431
  • United States
Primary Industry
Hospitals/Inpatient Services
Corporate Office
  • 999 Yamato Road
  • Third Floor
  • Boca Raton, FL 33431
  • United States

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Promise Healthcare Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Promise Healthcare Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Owner and operator of short-term and long-term acute care hospitals and healthcare facilities created to provide special
Hospitals/Inpatient Services
Boca Raton, FL
4,500 As of 2019

Mechanicsburg, PA
 

Louisville, KY
 
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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
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Promise Healthcare Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view Promise Healthcare’s complete investments history, request access »

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
To view Promise Healthcare’s complete exits history, request access »

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
You’re viewing 5 of 6 affiliates. Get the full list.  »

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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