Cornerstone Healthcare Group

Dallas, United States Founded: 1990 • Age: 36 yrs Acquired By Scionhealth
Operator of senior living communities

About Cornerstone Healthcare Group

Cornerstone Healthcare Group is a company based in Dallas (United States) founded in 1990 was acquired by Scionhealth in May 2022.. Cornerstone Healthcare Group has completed 3 acquisitions, including Hospice of Missoula, Stonehavenalf and TrinityCare Senior Living. Cornerstone Healthcare Group offers products and services including Respiratory Care, Wound Care, Infectious Disease Care, and Intensive Care. Cornerstone Healthcare Group operates in a competitive market with competitors including Sunrise Senior Living, Brookdale, Sonida Senior Living, Five Star Senior Living and Enlivant, among others.

  • Headquarter Dallas, United States
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Knight Health Holdings, Llc
Operational Areas
Real Estate & Construction → Real Estate Development & Housing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $100 M (USD), Debt – Conventional

    Jul 29, 2021

  • Investors
    Scionhealth

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Scionhealth

    & 2 more

    (May 12, 2022)

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Products & Services of Cornerstone Healthcare Group

Cornerstone Healthcare Group offers a comprehensive portfolio of products and services, including Respiratory Care, Wound Care, Infectious Disease Care, and Intensive Care. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides treatment for respiratory conditions in critically ill patients.

Manages complex wounds for recovery and infection prevention.

Treats infectious diseases with specialized acute interventions.

Offers critical care for patients needing extended monitoring.

People of Cornerstone Healthcare Group
Headcount 1000-5000
Employee Profiles 41
Employee Profiles
People
Alexandra Woodward
Project Manager
People
Deborah Whitmore
Corporate Director, Managed Care
People
Veronica A.
Respiratory Care Practitioner
People
Kris Karns
CEO

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Funding Insights of Cornerstone Healthcare Group

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $100.0M
  • First Round

    (29 Jul 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Debt – Conventional - Cornerstone Healthcare Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cornerstone Healthcare Group

Cornerstone Healthcare Group has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Scionhealth, Prospect Hill Growth Partners and Ignite Growth. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Limited information is provided about the company's activities.
Founded Year Domain Location
Investment and support are provided to build better businesses.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cornerstone Healthcare Group

Cornerstone Healthcare Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Hospice of Missoula, Stonehavenalf and TrinityCare Senior Living. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Stonehavenalf was founded in 2005 in Maumelle, United States.
2005
Provider of rehabilitation care services
2002
Rehabilitation care services are provided for seniors.
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cornerstone Healthcare Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cornerstone Healthcare Group Comparisons

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+
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Competitors of Cornerstone Healthcare Group

Cornerstone Healthcare Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sunrise Senior Living, Brookdale, Sonida Senior Living, Five Star Senior Living and Enlivant, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Personalized senior living services are provided to elderly residents.
domain founded_year HQ Location
Nursing and senior living center services are provided nationwide.
domain founded_year HQ Location
Provider of senior living communities offering independent living, assisted living, and memory care services
domain founded_year HQ Location
Chain of senior living centers
domain founded_year HQ Location
Operates senior assisted living and respite care communities in the United States
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cornerstone Healthcare Group

Frequently Asked Questions about Cornerstone Healthcare Group

When was Cornerstone Healthcare Group founded?

Cornerstone Healthcare Group was founded in 1990 and raised its 1st funding round 31 years after it was founded.

Where is Cornerstone Healthcare Group located?

Cornerstone Healthcare Group is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Who is the current CEO of Cornerstone Healthcare Group?

Kris Karns is the current CEO of Cornerstone Healthcare Group.

What does Cornerstone Healthcare Group do?

Cornerstone Healthcare Group was established in 1990 in Dallas, United States, within the healthcare sector. Senior living communities are managed, offering residential and care services for elderly individuals. Operations encompass community-based facilities, with oversight provided by CEO Kris Karns. The entitys online presence is maintained through the domain chghospitals.com, supporting regional healthcare delivery.

Who are the top competitors of Cornerstone Healthcare Group?

Cornerstone Healthcare Group's top competitors include Brookdale, Sunrise Senior Living and Sonida Senior Living.

What products or services does Cornerstone Healthcare Group offer?

Cornerstone Healthcare Group offers Respiratory Care, Wound Care, Infectious Disease Care, and Intensive Care.

How many acquisitions has Cornerstone Healthcare Group made?

Cornerstone Healthcare Group has made 3 acquisitions, including Hospice of Missoula, Stonehavenalf, and TrinityCare Senior Living.

Who are Cornerstone Healthcare Group's investors?

Cornerstone Healthcare Group has 3 investors. Key investors include Scionhealth, Prospect Hill Growth Partners, and Ignite Growth.

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