Company intelligence / Profile preview

Promise Healthcare Group

Boca Raton, Florida, USApromisehealthcare.com ↗
Ownership
Private
Employees
~5000
Development stage
Other
01

Overview

Promise Healthcare Group was a prominent American healthcare provider specializing in the operation of long-term acute care hospitals (LTACHs) and skilled nursing facilities. The company focused on treating patients with complex medical needs requiring extended recovery periods, such as those needing ventilator weaning, intensive wound care, or treatment for multi-organ failure. Headquartered in Boca Raton, Florida, the group managed a network of facilities across multiple states including California, Florida, and Texas. Following financial difficulties driven by regulatory changes in Medicare reimbursements, the company filed for Chapter 11 bankruptcy in 2018, resulting in the acquisition of its primary assets by the KPC Group and other healthcare entities.

Therapeutic areas
DermatologyPulmonologyOtherInfectious Diseases
Industry
Non-Academic Healthcare

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