Landmark Hospitals
Landmark Hospitals operates a network of long-term acute care hospitals in Missouri, Georgia, and Florida, providing extended inpatient care for medically complex patients requiring ventilator weaning, wound care, and multi-system failure recovery, billed primarily through Medicare, Medicaid, and commercial per diem rates.
- Company typePrivate
- Founded2006
- HeadquartersBonita Springs, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Landmark Hospitals does
Landmark Hospitals operates a network of long-term acute care hospitals (LTACHs) in the southeastern United States, providing extended acute hospitalization (typically 20-30 day stays) for medically complex patients who require ICU-level care beyond what short-term acute hospitals can provide. Founded in 2005-2006 with its first facility in Cape Girardeau, Missouri, the company expanded to seven hospitals across Missouri, Georgia, and Florida, with core clinical services spanning ventilator and tracheostomy weaning, complex wound care, multi-system failure recovery, severe stroke rehabilitation, respiratory failure treatment, dialysis, and catastrophic workers compensation case management. The network is supported by a proprietary telepresence robot system deployed across all locations to provide specialty coverage and night-call relief, and the company operates with 501-1000 employees under leadership of CEO M. Bryan Day (since early 2019) and CFO Tracy LaRose (since 2023).
The business model is a per-diem inpatient service model: Landmark bills Medicare, Medicaid, and commercial insurers (United Healthcare, Cigna, Aetna, Blue Cross, Coventry) at negotiated daily rates (e.g., $1,600-$2,200/day for critical care), with catastrophic workers compensation cases billed directly to employer insurance carriers. Revenue is generated exclusively through inpatient referrals from short-term acute care hospitals, physicians, and workers compensation networks rather than consumer-facing channels, and the company publishes machine-readable standard charge files per CMS price transparency requirements. Patient acquisition is driven by dedicated referral infrastructure including SVP Sharon Noe and Regional Director Zach Saway, and the company maintains an in-house CIO function focused on clinical systems, data security, and IT modernization. In 2025, Landmark voluntarily filed for Chapter 11 bankruptcy protection citing significant debt burden and rising costs, and announced closure of its Cape Girardeau facility in September 2025, leaving six operating hospitals in Missouri and Georgia while Florida operations were excluded from the filing.
Landmark Hospitals firmographics
Firmographics- Name
- Landmark Hospitals
- Legal name
- Landmark Hospitals
- Website
- https://landmarkhospitals.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Landmark Hospitals operates a network of long-term acute care hospitals in Missouri, Georgia, and Florida, providing extended inpatient care for medically complex patients requiring ventilator weaning, wound care, and multi-system failure recovery, billed primarily through Medicare, Medicaid, and commercial per diem rates.
- Ownership category
- akta.pro rank
Landmark Hospitals industry classification
Industry- Product category
- Long-Term Acute Care Hospitals
- NAICS
- Specialty (except Psychiatric and Substance Abuse) Hospitals (62231), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Specialty (except Psychiatric and Substance Abuse) Hospitals (6223)
- SIC
- Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062)
- akta.pro primary industry
- Medically Complex / High-Acuity Chronic Care LTACHs (HLAFAOAB)
- akta.pro secondary industries
- Hospital-in-Hospital (Co-Located) LTACHs (HLAFAOAJ), Freestanding LTACHs (HLAFAOAK), Complex Wound Care & Ostomy Management LTACHs (HLAFAOAD), Tracheostomy Weaning & Pulmonary Rehabilitation LTACHs (HLAFAOAI), Post-ICU Step-Down & Extended Recovery LTACHs (HLAFAOAC)
Keywords
Where Landmark Hospitals is headquartered
LocationHeadquarters
- HQ city
- Bonita Springs
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Landmark Hospitals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Patient Care Services: Long-term acute care hospital services billed primarily through per diem rates to insurance carriers and government programs. Revenue is generated through inpatient care for medically complex patients requiring extended hospitalization (typically 20-30 days). Services include ICU-level care, ventilator weaning, wound care, and rehabilitation.
- Government Program Reimbursement: Medicare and Medicaid reimbursement for eligible patients. The company files claims directly with CMS for Medicare patients and works with state Medicaid programs. Post-PHE, stricter LTACH admission criteria require at least 3 midnights in a critical care unit for full reimbursement eligibility.
- Commercial Insurance Contracts: Negotiated per diem rates with commercial insurers including United Healthcare, Cigna, Aetna, Blue Cross, and Coventry. Rates vary by payer and room type (critical care, intermediate, med/surg).
- Workers Compensation: Catastrophic workers compensation cases billed directly to employer's workers comp insurance carriers. Dedicated referral contacts and network membership facilitate case intake.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Per Diem | Critical Care Room and Board - Commercial Insurance Per Diem Rates |
| Unit Pricing | Per Diem | Med/Surg Room and Board - Commercial Insurance Per Diem Rates |
| Unit Pricing | Per Diem | Intermediate Care Room and Board - Commercial Insurance Per Diem Rates |
| Unit Pricing | Pay-as-you-go | Dialysis Services - Commercial Insurance Per Unit Rates |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Landmark Hospitals product offering
Product offeringCore offering
Landmark Hospitals operates a regional network of long-term acute care hospitals (LTACHs) providing extended inpatient hospitalization for medically complex patients who typically require 20-30 days of intensive care. Core clinical services include ventilator and tracheostomy weaning, respiratory failure treatment, complex wound care, multi-system failure recovery, severe stroke rehabilitation, and catastrophic workers' compensation case management, supported by 24/7 physician and nursing coverage and a proprietary telepresence robot platform spanning all locations.
Product overview
Landmark Hospitals operates a network of Long-Term Acute Care (LTAC) hospitals across Missouri and Georgia. The company provides extended acute hospitalization for medically complex patients who require a multi-disciplinary approach and intensive care for longer periods than average hospitals offer. The portfolio includes five hospital locations (Athens GA, Savannah GA, Columbia MO, Joplin MO, and Cape Girardeau MO - the latter announced closure in September 2025). Services span ventilator/tracheostomy weaning, respiratory failure care, congestive heart failure treatment, severe stroke rehabilitation, multi-system failure care, specialized wound care, and workers' compensation case management. The network leverages advanced medical technology and telepresence robot systems to support underserved medical specialties and night-call coverage across all locations.
Differentiator
Problem solved
Functional benefit
Products and services
- Long-Term Acute Care (LTACH) Inpatient Hospital Services Extended acute hospitalization for medically complex patients requiring 20-30 days of intensive multi-disciplinary care, including ICU-level care, ventilator and tracheostomy weaning, respiratory failure treatment, multi-system failure recovery, severe stroke rehabilitation, complex wound care (diabetic ulcers, pressure ulcers, surgical wounds, burns), dialysis, and infectious disease treatment. Delivered through six operational LTACH facilities in Missouri and Georgia with 24/7 physician and registered nursing coverage, for patients typically referred from short-term acute care hospitals.
- Catastrophic Workers' Compensation Inpatient Services Specialized extended hospitalization for catastrophic workplace injuries billed directly to employer workers' compensation insurance carriers, dedicated to traumatic brain injuries, spinal cord injuries, severe wound and burn care, ventilator weaning, multiple trauma cases, and amputations requiring 24/7 medical treatment and rehabilitation therapy. Intake facilitated by dedicated referral contacts and workers' comp provider network membership.
Quantifiable outcome
- Lower time to total recovery compared to traditional hospital settings
- +2 more outcomes
Companies that use Landmark Hospitals
Customer profileSegments3 records
Ideal customer profiles2 records
Landmark Hospitals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Landmark Hospitals partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- ADP TotalSourceminorThird-party employment verification service used by Landmark Hospitals for employment and affiliation verification. Landmark Hospitals employer code: 10508076.
- TheWorkNumber.comminorEmployment verification service providing verification of employment history and status for current and former Landmark Hospitals employees.
- DAISY FoundationminorInternational nurse recognition program partnership. Landmark Hospitals participates in the DAISY (Diseases Attacking the Immune System) Award program to recognize and celebrate compassionate nursing care. The foundation was established in 1999 after Patrick Barnes died from complications of auto-immune disease ITP.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Landmark Hospitals competitors and assessment
Company assessmentBroad incumbents
- Select Medical Holdings: Select Medical is the largest publicly-traded operator of LTACHs (through its long-term acute care division) along with inpatient rehab hospitals and outpatient rehab. Directly comparable business model and patient acuity profile; considerably larger scale and national footprint.
- Encompass Health: Encompass Health operates the largest network of inpatient rehabilitation hospitals in the US and competes for post-acute complex patient referrals. Adjacent rather than identical — focused on IRFs rather than LTACHs — but competes for the same medically complex referral base.
- Steward Health Care: Steward Health Care is a large multi-state hospital and post-acute operator that, like Landmark, has faced financial distress and restructuring. Operates specialty hospitals including LTACH-type facilities across overlapping geographies and competes for complex patient referrals.
- HCA Healthcare: HCA Healthcare is the largest US for-profit hospital operator with extensive LTACH and post-acute capabilities across its national network. Indirect peer — much broader portfolio — but a major upstream referral source and competing option for complex patient flow.
Direct peers
- Vibra Healthcare: Vibra Healthcare operates a national network of LTACH hospitals and inpatient rehabilitation facilities focused on medically complex patients, ventilator weaning, and wound care. Operates in a directly overlapping niche with Landmark Hospitals and competes for similar payer contracts.
- Post Acute Medical (PAM Health): PAM Health operates a multi-state network of LTACHs and inpatient rehabilitation hospitals specializing in ventilator weaning, complex wound care, and medically complex patient recovery. Closest direct peer by service mix and patient profile.
- LifeCare Hospitals: LifeCare Hospitals is a multi-state LTACH operator focused on extended acute care for medically complex patients. Craig Boudreaux, Landmark's COO, previously served as CEO of a LifeCare region, signaling direct operational overlap and competitive overlap.
- Promise Healthcare: Promise Healthcare operates LTACH hospitals across multiple states with a focus on medically complex patients. Craig Boudreaux, Landmark's COO, previously served as CEO of Promise Hospital of Baton Rouge, indicating a directly comparable operating model and competitive overlap.
- Regency Hospital Company: Regency Hospital operates specialty LTACH hospitals focused on critically ill and medically complex patients, including ventilator weaning programs. Directly overlaps Landmark's clinical service mix and referral model; Boudreaux previously led Regency Hospital of Covington, GA.
Emerging players
- Ernest Health: Ernest Health operates a network of LTACHs and inpatient rehabilitation hospitals across multiple states, focused on patient-centered post-acute care for medically complex cases. Comparable scale and service mix to Landmark, with similar geographic and operational overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Landmark Hospitals social profiles
Digital presenceLandmark Hospitals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Landmark Hospitals leadership team
Management profileNumber of profiles
Profiles7 records
Landmark Hospitals subsidiaries and ownership
Company hierarchySubsidiaries5 records
Landmark Hospitals funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Landmark Hospitals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Landmark Hospitals
What does Landmark Hospitals do?
Landmark Hospitals operates a regional network of long-term acute care hospitals (LTACHs) providing extended inpatient hospitalization for medically complex patients who typically require 20-30 days of intensive care. Core clinical services include ventilator and tracheostomy weaning, respiratory failure treatment, complex wound care, multi-system failure recovery, severe stroke rehabilitation, and catastrophic workers' compensation case management, supported by 24/7 physician and nursing coverage and a proprietary telepresence robot platform spanning all locations.
Is Landmark Hospitals a public or private company?
Landmark Hospitals is a private company. It is classified as unknown and is currently operating.
When was Landmark Hospitals founded?
Landmark Hospitals was founded in 2006. It employs 501 to 1,000 people.
Where is Landmark Hospitals based?
Landmark Hospitals is headquartered in Bonita Springs, United States, in the North America region.
How does Landmark Hospitals make money?
Four revenue lines are on record. Patient Care Services are the primary driver. The others are government Program Reimbursement, commercial Insurance Contracts and workers Compensation.
Who are Landmark Hospitals's main competitors?
Broad incumbents on record are Select Medical Holdings, Encompass Health, Steward Health Care and HCA Healthcare. Direct peers are Vibra Healthcare, Post Acute Medical (PAM Health), LifeCare Hospitals, Promise Healthcare and Regency Hospital Company. Ernest Health is listed as an emerging player.
Does Landmark Hospitals have an API?
No public API is recorded for Landmark Hospitals.
What industry is Landmark Hospitals in?
Landmark Hospitals's product category is Long-Term Acute Care Hospitals. Its primary akta.pro industry code is HLAFAOAB, Medically Complex / High-Acuity Chronic Care LTACHs, with a secondary code of HLAFAOAJ, Hospital-in-Hospital (Co-Located) LTACHs. Its NAICS code is 62231 and its SIC code is 8060.