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Cornerstone Healthcare Group

Full company profile

uuid0002c36

Namestring
Cornerstone Healthcare Group
Legal namestring
Cornerstone Healthcare Group Holdings Inc.
Company typeenum
Private
Founded yearint
1990
Short descriptiontext

Cornerstone Healthcare Group is a Dallas-based, privately held for-profit operator founded in 1990 that runs 18 specialty hospitals, 8 senior living facilities, and 1 behavioral health hospital across the United States, serving patients and seniors through facility-based care.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
specialty hospital services, senior living facilities, behavioral health hospital, post-acute healthcare, long-term acute care
Industry2 codes
1Hospital-Owned Physician Networks & Medical Groups
CodeHLAFAAALPrimaryYes
2Hospital Shared Services, GPOs & System Support Organizations
CodeHLAFAAAOPrimaryNo
NAICS code2 codes
  • Specialty (except Psychiatric and Substance Abuse) Hospitals622310
  • Services for the Elderly and Persons with Disabilities624120
SIC code2 codes
  • Services-Hospitals8060
  • Services-General Medical & Surgical Hospitals, Nec8062
Product category
Specialty Hospital and Post-Acute Care Services
Social media profiles1 record
Cost components3 values
Personnel, Operations, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Cornerstone Healthcare Group operates a network of healthcare facilities consisting of eighteen Specialty Hospitals, eight Senior Living communities, and one Behavioral Health Hospital. The company provides post-acute, long-term acute care, behavioral health, and senior living services across its owned and operated facilities in the United States.

Differentiator
Functional benefit
Problem solved
Product and service3 records
1Specialty Hospitals
CategorySpecialty Hospital Services
Description

Eighteen specialty hospitals providing post-acute and long-term acute care services for patients with complex medical conditions requiring extended recovery periods.

2Senior Living
CategorySenior Living Services
Description

Eight senior living communities offering residential care, assisted living, and related services for elderly residents.

3Behavioral Health Hospital
CategoryBehavioral Health Services
Description

One dedicated behavioral health hospital providing inpatient psychiatric and mental health treatment services.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Peers10 records
TypeDirect peer
Description

One of the largest U.S. operators of acute care and behavioral health hospitals; directly comparable to Cornerstone's mix of specialty hospitals and behavioral health facility under a single multi-facility platform.

TypeDirect peer
Description

Operates specialty hospitals (long-term acute care and inpatient rehabilitation) across the U.S.; directly comparable to Cornerstone's specialty hospital segment in both clinical model and facility-level economics.

TypeDirect peer
Description

Pure-play behavioral health hospital operator; directly comparable to Cornerstone's behavioral health facility and indicative of the strategic scale Cornerstone could pursue in that segment.

TypeDirect peer
Description

Operates a national network of inpatient rehabilitation hospitals; comparable to Cornerstone's specialty hospital strategy focused on defined post-acute clinical specialties.

TypeDirect peer
Description

Operates community and specialty hospitals across non-urban markets with associated post-acute services; comparable to Cornerstone's specialty hospital orientation and regional multi-site model.

TypeDirect peer
Description

Largest U.S. senior living operator; directly comparable to Cornerstone's 8 senior living communities in terms of service model, occupancy dynamics, and regulatory exposure.

TypeDirect peer
Description

Operates senior living communities alongside skilled nursing and home care; matches Cornerstone's mixed-acuity operator profile with senior living as a core segment.

TypeDirect peer
Description

Operates skilled nursing and assisted/senior living facilities; comparable to Cornerstone's senior living segment and broader post-acute care orientation.

TypeBroad incumbent
Description

Large diversified hospital system with significant specialty hospital and behavioral exposure; broader portfolio incumbent that overlaps with Cornerstone's hospital footprint at a larger scale.

TypeBroad incumbent
Description

Largest for-profit hospital operator in the U.S.; broad incumbent in the same acute care hospital space where Cornerstone's 18 specialty hospitals compete.

Market position
Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cornerstone Healthcare Group

Specialty Hospital and Post-Acute Care Serviceschghospitals.com

Cornerstone Healthcare Group is a Dallas-based, privately held for-profit operator founded in 1990 that runs 18 specialty hospitals, 8 senior living facilities, and 1 behavioral health hospital across the United States, serving patients and seniors through facility-based care.

Cornerstone Healthcare Group firmographics

Firmographics
Name
Cornerstone Healthcare Group
Legal name
Cornerstone Healthcare Group Holdings Inc.
Website
https://chghospitals.com
Company type
Private
Founded year
1990
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Cornerstone Healthcare Group is a Dallas-based, privately held for-profit operator founded in 1990 that runs 18 specialty hospitals, 8 senior living facilities, and 1 behavioral health hospital across the United States, serving patients and seniors through facility-based care.
Ownership category
akta.pro rank

Cornerstone Healthcare Group industry classification

Industry
Product category
Specialty Hospital and Post-Acute Care Services
NAICS
Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Services for the Elderly and Persons with Disabilities (624120)
SIC
Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062)
akta.pro primary industry
Hospital-Owned Physician Networks & Medical Groups (HLAFAAAL)
akta.pro secondary industry
Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)

Keywords

  • Specialty hospital services
  • Senior living facilities
  • Behavioral health hospital
  • Post-acute healthcare
  • Long-term acute care

Where Cornerstone Healthcare Group is headquartered

Location

Headquarters

HQ city
Dallas
HQ country
United States
HQ region
North America

Markets served

Cornerstone Healthcare Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure

Cornerstone Healthcare Group product offering

Product offering

Core offering

Cornerstone Healthcare Group operates a network of healthcare facilities consisting of eighteen Specialty Hospitals, eight Senior Living communities, and one Behavioral Health Hospital. The company provides post-acute, long-term acute care, behavioral health, and senior living services across its owned and operated facilities in the United States.

Differentiator

Problem solved

Functional benefit

Products and services

  • Specialty Hospitals Eighteen specialty hospitals providing post-acute and long-term acute care services for patients with complex medical conditions requiring extended recovery periods.
  • Senior Living Eight senior living communities offering residential care, assisted living, and related services for elderly residents.
  • Behavioral Health Hospital One dedicated behavioral health hospital providing inpatient psychiatric and mental health treatment services.

Companies that use Cornerstone Healthcare Group

Customer profile

Segments1 record

Ideal customer profiles3 records

Cornerstone Healthcare Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Cornerstone Healthcare Group partnerships and signals

Strategic signal

Scale indicators1 record

Cornerstone Healthcare Group competitors and assessment

Company assessment

Direct peers

  • Universal Health Services: One of the largest U.S. operators of acute care and behavioral health hospitals; directly comparable to Cornerstone's mix of specialty hospitals and behavioral health facility under a single multi-facility platform.
  • Select Medical Holdings: Operates specialty hospitals (long-term acute care and inpatient rehabilitation) across the U.S.; directly comparable to Cornerstone's specialty hospital segment in both clinical model and facility-level economics.
  • Acadia Healthcare: Pure-play behavioral health hospital operator; directly comparable to Cornerstone's behavioral health facility and indicative of the strategic scale Cornerstone could pursue in that segment.
  • Encompass Health: Operates a national network of inpatient rehabilitation hospitals; comparable to Cornerstone's specialty hospital strategy focused on defined post-acute clinical specialties.
  • LifePoint Health: Operates community and specialty hospitals across non-urban markets with associated post-acute services; comparable to Cornerstone's specialty hospital orientation and regional multi-site model.
  • Brookdale Senior Living: Largest U.S. senior living operator; directly comparable to Cornerstone's 8 senior living communities in terms of service model, occupancy dynamics, and regulatory exposure.
  • National HealthCare Corporation: Operates senior living communities alongside skilled nursing and home care; matches Cornerstone's mixed-acuity operator profile with senior living as a core segment.
  • Genesis HealthCare: Operates skilled nursing and assisted/senior living facilities; comparable to Cornerstone's senior living segment and broader post-acute care orientation.

Broad incumbents

  • Tenet Healthcare: Large diversified hospital system with significant specialty hospital and behavioral exposure; broader portfolio incumbent that overlaps with Cornerstone's hospital footprint at a larger scale.
  • HCA Healthcare: Largest for-profit hospital operator in the U.S.; broad incumbent in the same acute care hospital space where Cornerstone's 18 specialty hospitals compete.

Market position

Customer concentration

Cornerstone Healthcare Group social profiles

Digital presence

Cornerstone Healthcare Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cornerstone Healthcare Group leadership team

Management profile

Number of profiles

Profiles2 records

Cornerstone Healthcare Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cornerstone Healthcare Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cornerstone Healthcare Group

What does Cornerstone Healthcare Group do?

Cornerstone Healthcare Group operates a network of healthcare facilities consisting of eighteen Specialty Hospitals, eight Senior Living communities, and one Behavioral Health Hospital. The company provides post-acute, long-term acute care, behavioral health, and senior living services across its owned and operated facilities in the United States.

Is Cornerstone Healthcare Group a public or private company?

Cornerstone Healthcare Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Cornerstone Healthcare Group founded?

Cornerstone Healthcare Group was founded in 1990. It employs 1,001 to 5,000 people.

Where is Cornerstone Healthcare Group based?

Cornerstone Healthcare Group is headquartered in Dallas, United States, in the North America region.

Who are Cornerstone Healthcare Group's main competitors?

Direct peers on record are Universal Health Services, Select Medical Holdings, Acadia Healthcare, Encompass Health, LifePoint Health, Brookdale Senior Living, National HealthCare Corporation and Genesis HealthCare. Broad incumbents are Tenet Healthcare and HCA Healthcare.

Does Cornerstone Healthcare Group have an API?

No public API is recorded for Cornerstone Healthcare Group.

What industry is Cornerstone Healthcare Group in?

Cornerstone Healthcare Group's product category is Specialty Hospital and Post-Acute Care Services. Its primary akta.pro industry code is HLAFAAAL, Hospital-Owned Physician Networks & Medical Groups, with a secondary code of HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations. Its NAICS code is 622310 and its SIC code is 8060.

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Live signals
ModernhealthcareLifepoint Health buys 8 hospitals from ScionHealth - Modern HealthcareLifepoint Health completed its acquisition of eight ScionHealth hospitals. The deal expands Lifepoint's hospital portfolio to 68 facilities. No further details on the acquisition were disclosed.PR NewswireScionHealth Completes Acquisition of Cornerstone Healthcare GroupScionHealth completed its acquisition of Cornerstone Healthcare Group, adding 15 specialty hospitals, eight senior living locations, and approximately 3,000 employees to its network. Simultaneously, Lifepoint Health purchased Cornerstone Behavioral Health El Dorado from ScionHealth. This transaction expands ScionHealth's presence across 28 states as part of its strategic growth plan.ScionhealthScionHealth Completes Acquisition of Cornerstone Healthcare GroupScionHealth completed its acquisition of Cornerstone Healthcare Group, adding 15 specialty hospitals and eight senior living locations to its network. Concurrently, Lifepoint Health purchased the Cornerstone Behavioral Health El Dorado facility in Arizona from ScionHealth. This transaction expands ScionHealth's national presence across 28 states as part of its strategic growth plan.GlobeNewswireCareCloud Selected by Cornerstone Healthcare Group for Professional Billing SupportCareCloud was selected by Cornerstone Specialty Hospitals West Monroe to handle revenue cycle management services. The services will integrate with Cornerstone's electronic health record vendor and aim to reduce labor costs and billing errors. CareCloud's RCM services are compatible with all leading platforms.PR NewswireCornerstone Behavioral Health Expansion will Address Growing Need in Southern ArizonaCornerstone Behavioral Health, a division of Cornerstone Healthcare Group, announced a 52-bed expansion at its El Dorado facility in Tucson, Arizona, increasing capacity to serve 106 patients in need of acute mental health and substance use services. The expansion coincides with Mental Illness Awareness Week and aims to address growing behavioral health needs in Southern Arizona. Executives cited the opportunity to provide life-changing support to more patients and families through expanded individualized programming.PR NewswireCIT Serves as Lead Arranger of $100 Million Financing for Cornerstone Healthcare GroupCIT Group Inc. served as the lead arranger for a $100 million financing package for Cornerstone Healthcare Group Holdings Inc. to refinance existing debt and support working capital requirements. The transaction highlights CIT's role in providing specialized healthcare finance solutions to facilitate Cornerstone's operational growth.PR NewswireCornerstone Healthcare Group and Medline Partner to Enhance Post-Acute Supply Chain StrategyMedline announced a partnership with Cornerstone Healthcare Group to provide medical supplies and clinical solutions across Cornerstone's locations in seven U.S. states, including Texas, Arizona, Arkansas, Louisiana, Oklahoma, Tennessee and West Virginia. Under the agreement, Cornerstone is expected to convert strategic product categories to Medline brand, with Medline products fulfilling about 40% of their overall supply needs within the first year. Cornerstone will also gain access to Medline's Post-Acute Solutions Program to address survey deficiencies and increase reimbursement rates for their senior living, home health and hospice segments.GlobeNewswireThe Ensign Group Acquires Arizona Hospice AgencyThe Ensign Group's subsidiary acquired the assets of Agape Hospice and Palliative Care, effective August 1, 2019. The Tucson, Arizona-based hospice will continue operating under its current name, and the acquisition is part of a spin-off into The Pennant Group. Cornerstone Healthcare is seeking additional acquisitions.GlobeNewswireThe Ensign Group Acquires Home Health and Hospice Operations in WisconsinCornerstone Healthcare, a subsidiary of Ensign, acquired Preceptor Health Care's home health, hospice, and therapy assets in eastern Wisconsin, effective June 1, 2019. Ensign also acquired Golden Palms Rehabilitation and Retirement's real estate and operations on the same day. The acquisitions expand Ensign's portfolio to 198 skilled nursing operations and 27 hospice agencies.PR NewswireCornerstone Healthcare Group Announces Two New Partnerships with Home Health Acquisition and Launch of Long-Term Acute Care Joint Venture HospitalCornerstone Healthcare Group announced two strategic partnerships, including the acquisition of Southland Home Health, a Phoenix-based home health company founded in 2009, and the establishment of a joint venture with Lake Charles Memorial Health System to operate a long-term acute care hospital in Sulphur, Louisiana. Cornerstone serves as the majority stakeholder in the renamed Cornerstone Hospital Southwest Louisiana, which relocated to Memorial Specialty Hospital within CHRISTUS St. Patrick Hospital in Lake Charles. The company indicated these partnerships represent the first of planned acquisitions in home health and part of its strategy to expand its specialty hospital, senior living, and behavioral health operations nationwide.