Avalon Healthcare Holdings Inc.
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Avalon Healthcare Holdings Inc. - overview
Established
2004
Location
Tampa, FL, US
Primary Industry
Insurance
About
Avalon Healthcare Holdings Inc. is a healthcare service provider dedicated to delivering skilled nursing, rehabilitation, and assisted living services to enhance the quality of life for its residents across various care communities. Founded in 2004 in Tampa, US, Avalon Healthcare specializes in healthcare services for diverse client needs. The company has raised USD 3.
70 mn in its most recent funding round, led by Manning & Napier Advisors, with additional participation from IA Capital Group. Randy Kirton, the founder, has a history in healthcare management, while Lane Bowen currently serves as CEO. Avalon Health Care primarily focuses on delivering high-quality healthcare services across various care communities. Their core offerings include skilled nursing, rehabilitation, and assisted living services aimed at enhancing the quality of life for residents.
These services cater to a diverse client base, including elderly individuals requiring long-term care, individuals recovering from surgery or illness, and those needing assistance with daily activities. Avalon’s commitment to a 'Reverence for Life and a Heart for Healing' signifies their holistic approach toward patient care, emphasizing not only physical recovery but also emotional and social well-being. The company operates in multiple geographical markets, providing its services in various states across the U. S.
, effectively addressing the needs of local populations in both urban and rural settings. Avalon Health Care's revenue generation is primarily structured around its healthcare service offerings, which typically involve direct billing to residents or their families for care received. Transactions are often carried out on a fee-for-service basis, where clients are billed according to the level and type of care provided. In many instances, services may be covered by Medicare or Medicaid, facilitating payment processes.
While specific pricing details for individual services are not disclosed, the company employs standard rates for its flagship services such as skilled nursing and rehabilitation. The financial model supports both direct-to-consumer transactions and partnerships with healthcare networks, ensuring a steady flow of revenue through structured care plans that cater to the unique needs of their clientele. Avalon Healthcare is focusing on strategic initiatives aimed at enhancing service offerings and expanding its market presence. The company plans to introduce new healthcare solutions tailored to meet evolving patient needs, with anticipated rollouts in the coming years.
Avalon also aims to expand its operations into additional states, targeting regions with growing elderly populations by 2025. Recent funding raised on January 7, 2016, from Francisco Partners is expected to support these initiatives, providing necessary resources for expansion and product development.
Current Investors
IA Capital Group, Manning & Napier Advisors, Francisco Partners
Primary Industry
Insurance
Sub Industries
Health Insurance
Website
www.avalonhealthcare.com
Company Stage
Early Stage
Total Amount Raised
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