ProMedica Senior Care

As of 2020, it had more than 300 skilled nursing and rehabilitation centers, assisted living facilities hospice and home health care offices, and over 45,000 employees.

Welltower announced a partnership with Integra Health shortly after which will take over control of all but 10 skilled nursing facilities from ProMedica.

In 1982, the company acquired nursing home operator Cenco, for $209 million; total facilities were 105, in 19 states.

In July 2007, the company agreed to a $4.9 billion buyout offer from the private equity firm Carlyle Group; it will no longer be a publicly traded corporation.

In 2010 HCR ManorCare entered into a sale-leaseback transaction whereby the company sold off 338 post-acute, skilled nursing and assisted living facilities for US$6.1 billion.

[6] In March 2018, HCR ManorCare Inc, filed for Chapter 11 protection with $7.1 billion of debt as part of a pre-arranged deal to transfer ownership to its landlord Quality Care Properties Inc.[7] Welltower Inc., in a $1.95 billion all-cash deal, acquired Quality Care Properties as a joint venture with ProMedica in April 2018.

ProMedica acquired the operations of what was then HCR ManorCare for about $1.35 billion in cash plus the assumption of net liabilities.