Paramount Healthcare

What Paramount Healthcare does

Paramount Healthcare is a privately held, founder-owned operator of skilled nursing and rehabilitation facilities serving primarily senior adults in the South Central United States. Founded in 1986 by Danny Prince in Albuquerque, the company has concentrated its portfolio in the Dallas-Fort Worth metroplex and San Antonio, Texas, operating 11 healthcare facilities under retained post-acquisition brand names including The Atrium, Cedar Hollow, Collinwood, Estates at Shavano Park, Golden Estates, Inspiration Hills, Laurenwood, Lennwood, Lindan Park, The Reserve at Richardson, and Stonemere. The corporate headquarters is in Ruston, Louisiana, with regional offices in Richardson and Irving, Texas, and San Antonio, Texas.

The company delivers a vertically integrated continuum of care across three service lines. Skilled nursing services provide round-the-clock licensed nursing and certified nursing assistant coverage for long-term residents. Rehabilitation services, branded as Paramount Rehabilitation, deliver physical, occupational, speech, and respiratory therapy to both short-term post-hospitalization patients and long-term residents. Pharmacy services operate through Legends Pharmacy, a wholly-owned subsidiary launched in 1998 with locations in Plano, San Antonio, Richardson, Texas, and West Monroe, Louisiana, serving both long-term care facility patients and retail customers. Facility amenities are positioned as a differentiator, featuring private and semi-private rooms, heated bathroom floors, WiFi, LED lighting, flatscreen TVs, and ADA-compliant showers, with design aesthetics branded as "Texas-meets-Tuscany" and "modern farmhouse."

Revenue is generated through fee-for-service healthcare delivery, primarily reimbursed through Medicare, Medicaid, and private pay, with the company stating healthcare services are quote-based and not publicly priced. No public revenue figures are disclosed. Paramount Healthcare does not appear to use institutional capital, and the management team is concentrated in clinical, legal, finance, and operations functions rather than technology or data science. The company has won the Readers' Choice Best Rehab Facility award from the Plano Star Courier in 2018 and 2019.

Name

Paramount Healthcare

Legal name

Paramount Healthcare

Website

https://paramounthc.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Paramount Healthcare is a founder-owned operator of 11 skilled nursing and rehabilitation facilities plus a long-term care pharmacy (Legends Pharmacy), serving senior adults in the Dallas-Fort Worth, San Antonio, and Louisiana markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Ruston

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Skilled Nursing Services: Round-the-clock skilled nursing care provided at licensed nursing facilities with licensed nurses and certified nursing assistants
2. Rehabilitation Services: Physical, occupational and speech therapy services in skilled nursing facility settings
3. Pharmacy Services: Long-term care and retail pharmacy services through Legends Pharmacy locations

Distribution channels2 records

Marketing channels2 records

Core offering

Paramount Healthcare operates a continuum of care for the senior adult population through three service lines: round-the-clock skilled nursing care at licensed nursing facilities, physical/occupational/speech therapy rehabilitation services in skilled nursing settings, and long-term care and retail pharmacy services through Legends Pharmacy. The company operates 11 healthcare facilities across Texas markets including San Antonio, Dallas-Fort Worth metroplex, Plano, Sherman, Duncanville, Richardson, and Shavano Park, supported by a corporate office in Ruston, Louisiana.

Product overview

Paramount Healthcare operates a continuum of care for the senior adult population through three main service lines: skilled nursing facilities, rehabilitation services, and pharmacy services. The company operates 11 healthcare facilities across Texas (San Antonio, Dallas-Fort Worth metroplex, Plano, Sherman, Duncanville, Richardson, Shavano Park) with services delivered through branded rehabilitation and nursing centers including The Atrium, Cedar Hollow, Collinwood, Estates At Shavano Park, Golden Estates, Inspiration Hills, Laurenwood, Lennwood, Lindan Park, The Reserve At Richardson, and Stonemere. Ancillary services include Paramount Rehabilitation (therapy services) and Legends Pharmacy (pharmacy services). The corporate office is located in Ruston, Louisiana.

Differentiator

Problem solved

Functional benefit

Brands

• Legends Pharmacy: Long-term care and retail pharmacy services operating since 1998 with locations in Texas and Louisiana.
• Paramount Rehabilitation

Products and services

• The Atrium Rehabilitation Center A licensed nursing and rehabilitation community in San Antonio, TX dedicated to providing elderly individuals with compassionate, high-quality care in a safe and comfortable environment.
• Cedar Hollow Rehabilitation Center
• Collinwood Nursing and Rehabilitation
• Estates At Shavano Park
• Golden Estates Rehabilitation & Healthcare Center
• Inspiration Hills Rehabilitation Center
• Laurenwood Nursing and Rehabilitation
• Lennwood Nursing & Rehabilitation
• Lindan Park Rehabilitation Center
• The Reserve At Richardson
• Stonemere Rehabilitation Center
• Paramount Rehabilitation Physical, occupational, and speech therapy services provided in skilled nursing facility settings, operating as a partnership with facilities to provide highest quality care and assist with regulatory compliance.
• Legends Pharmacy Long-term care and retail pharmacy services with locations in Plano, San Antonio, Richardson (Texas) and West Monroe (Louisiana).
• Skilled Nursing Services

Quantifiable outcome

• Readers' Choice Best Rehab Facility 2018 and 2019

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/paramount-healthcare

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Paramount Healthcare