Company intelligence / Profile preview

Transworld Telecommunications

New York, New York, United States

Ownership: Private
Employees: ~4000
Development stage: Other

Overview

Transworld Healthcare, originally founded as Transworld Telecommunications, was a major healthcare services provider that operated primarily during the 1990s. The company specialized in long-term care pharmacy services, home healthcare, and the distribution of medical supplies to nursing homes and assisted living facilities. Following a period of rapid expansion through debt-financed acquisitions, the company faced significant financial instability and filed for Chapter 11 bankruptcy in 1999. Its core business units were subsequently sold to competitors, with its institutional pharmacy operations being acquired by Omnicare.

Industry: Non-Academic Healthcare

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