ProMedica Senior Care
ProMedica Senior Care, formerly HCR ManorCare, is a mission-based, not-for-profit integrated healthcare organization, caring for people nationwide. We are a leading provider of short-term, post-hospital services and long-term care with a network of hospitals, physicians, a health plan, skilled nursing and rehabilitation centers, Arden Courts memory care communities, home health and hospice agencies. Driven by its mission to improve health and well-being, ProMedica has been nationally recognized for its advocacy programs and efforts to address social determinants of health.
Contact Information
Street: 333 N Summit Street
City: Toledo
State: OH
Zip Code: 43604
Website: https://promedicaseniorcare.org/
ProMedica Senior Care in the News
- HCR ManorCare Exits Wisconsin MarketRyan Saul and Toby Siefert of Senior Living Investment Brokerage have sold HCR ManorCare’s (now ProMedica Senior Care) last skilled nursing facility in the state of Wisconsin. The decision to sell came back in the summer of 2019, when the property was originally marketed. A buyer was found,... Read more
- The Gold Standard A Bit TarnishedA scathing article from The Washington Post discloses quality problems at HCR ManorCare before its sale to Welltower and ProMedica Health System. For those of you who missed the Thanksgiving weekend article from the Washington Post about poor care at HCR ManorCare’s nursing facilities in Pennsylvania, well, why ruin a great weekend? All kidding aside,... Read more
- CareTrust Completes Second HCR ManorCare AcquisitionCareTrust REIT headed to Fargo, North Dakota for its latest acquisition, adding a 110-bed skilled nursing facility to its portfolio for a purchase price of approximately $4.75 million, or $43,200 per bed, inclusive of transaction costs. There is also an estimated cap rate of about 13.25%. The facility... Read more
- Tryko Partners Picks Up HCR ManorCare FacilityQuality Care Properties divested one of its HCR ManorCare-operated skilled nursing facilities in New Jersey, with Tryko Partners stepping in as the buyer. Built in 1974, the 106-bed facility is located in New Providence (Newark MSA), which will complement Tryko’s existing strong presence in central and northern New... Read more
- HCR ManorCare Deal The Future Or A Risk?Hospitals and post-acute providers have not mixed well in the past, but ProMedica Health System hopes that changes. I keep thinking about the Welltower and ProMedica Health System acquisition of Quality Care Properties and HCR ManorCare. Given today’s valuations, ProMedica may have gotten a bit of a deal with ManorCare’s... Read more