Progressive Healthcare - Ownership and Business Overview

Healthcare ServicesCompany

Progressive Healthcare Ownership

Who owns Progressive Healthcare?

Progressive Healthcare is owned by Vibra Healthcare. It was acquired on October 26, 2010.

Progressive Healthcare Business Overview

Where is Progressive Healthcare headquartered?

Progressive Healthcare is headquartered in Charleston,, South Carolina.

What sector is Progressive Healthcare in?

Progressive Healthcare is a healthcare services company.

When was Progressive Healthcare founded?

Progressive Healthcare was founded in 2006.

Healthcare Services M&A Summary in 2010

Out of 60 sectors in the Mergr database, healthcare services ranked 5 in number of deals in 2010. The largest healthcare services acquisition in 2010 was Psychiatric Solutions - which was acquired by Universal Health Services for $3.1B.

Join Mergr to view all 246 acquisitions of healthcare services companies in 2010, including 73 acquisitions by private equity firms, and 173 by strategics.

Progressive Healthcare, LLC

1824 First Drive,
Charleston,, South Carolina 23605
United States,
(843) 278-5885

Progressive Healthcare, LLC owns and operates long term acute care (LTAC) hospitals and healthcare facilities. Long Term Acute Care Hospitals (LTACHs) provide specialized acute and medical rehabilitative care to medically complex patients. LTACH patients are critically ill and/or have multi-­-system failures that require extended acute care treatment after discharge from a traditional acute care hospital, typically from the intensive care unit.


M&A Summary

Buy vs Sell

Year '06 '07 '08 '09 '10 T
Buy (0.0/yr) # - - - - - 0
Sell (1.0/yr) # - - 1 - 4 5
  5

Most Recent M&A

Company Date Value Type
Progressive Hospital of Mahoning Valley 2010-11-29 - Divestiture
Boardman, Ohio
Progressive Mahoning Valley 2010-11-01 - Divestiture
Boardman, Ohio
Progressive Healthcare - Fort Wayne 2010-10-26 - Divestiture
Fort Wayne, Indiana
Progressive Northwestern Indiana 2010-10-25 - Divestiture
Crown Point,, Indiana
Continental Rehabilitation Hospital of San Diego 2008-06-02 - Divestiture
San Diego,, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services - - 5 (100%) -
Total - - 5 -

By Geo

State/Country Buy Value Sell Value
United States - - 5 -
  Ohio - - 2 -
  Indiana - - 2 -
  California - - 1 -
Total - - 5 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
5 (100%)

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