News

TOLEDO, Ohio — ProMedica President and CEO Arturo Polizzi has guided the company through one of its most challenging periods. From financial struggles to strategic restructuring, he has played a ...
ProMedica has continued to offload nearly all of its nursing homes while also securing an extension on a loan payoff on $453 million in privately held debt. The quarterly disclosure for the Toledo ...
ProMedica late Monday called its departure from a massive skilled nursing joint venture a way to resolve its “ongoing operating losses within its Senior Care Division” and a cornerstone of a ...
TOLEDO, Ohio — The contract between ProMedica and Cigna insurance terminated Monday after contract negotiations failed, causing Cigna members to lose in-network access to ProMedica facilities.
TOLEDO, Ohio (WTVG) - ProMedica is selling its hospice and home care agencies to an Atlanta-based corporation, according to Gentiva. Gentiva, a hospice and personal care company, said Monday it ...
Toledo, Ohio-based ProMedica Healthcare's divestiture of its skilled nursing business joint venture and stake in a real estate venture marks a turning point in addressing losses that have left the ...
Toledo, Ohio-based ProMedica reported an operating loss of $44.5 million in 2023, a 91% improvement on the $470.9 million loss in 2022 with all business lines improving year over year, according ...