Accolade Health Care

What Accolade Health Care does

Accolade Healthcare is a privately held, for-profit operator of skilled nursing and rehabilitation facilities headquartered in St. Louis, Missouri, with operations concentrated across Central Illinois. Founded in 2017 by acquiring two skilled nursing facilities, the company has grown to seven skilled nursing communities and one assisted living community (Saxony Court Senior Living in East Peoria), serving seniors requiring short-term post-acute rehabilitation, long-term care, memory care, hospice and palliative care, outpatient therapy, and inpatient hemodialysis. Facility capacity totals approximately 740+ licensed skilled nursing beds, with locations in Peoria (144 beds, CMS 4-Star), Danville (108 beds, VA-contracted), Pontiac (97 beds, Joint Commission accredited, with in-house hemodialysis), Paxton Senior Living (71 beds, CMS 3-Star, with independent living starting at $1,339/month), Paxton on Pells (108 beds), Savoy (213 beds, post-acute partner with Carle Hospital), and Waterloo (with a dedicated 40-bed memory care wing, CMS 5-Star).

Name

Accolade Health Care

Legal name

Accolade Healthcare

Website

https://accoladehc.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Accolade Healthcare is a privately held Central Illinois operator of seven skilled nursing facilities and one assisted living community, serving seniors needing post-acute rehabilitation, long-term care, memory care, and specialized services like in-house hemodialysis.

Ownership category

akta.pro rank

Product category

Skilled Nursing and Rehabilitation Care

NAICS

Nursing Care Facilities (Skilled Nursing Facilities) (623110), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Nursing and Residential Care Facilities (623)

SIC

Services-Skilled Nursing Care Facilities (8051), Services-Nursing & Personal Care Facilities (8050)

akta.pro industry

PRIMARYHLADADAB

Long-Term Care Nursing Homes (Custodial LTC)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Skilled Nursing Facilities (SNF) & Nursing Homes

SECONDARYHLADACAF

High-Acuity/Late-Stage Dementia & Complex Care (Enhanced Nursing Memory Care)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Memory Care (Dementia/Alzheimer’s) Communities

SECONDARYHLADABAC

Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Assisted Living Facilities

Keywords

• Skilled nursing care
• Rehabilitation therapy
• Memory care
• Long-term care
• Assisted living

Headquarters

HQ city

Olivette

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Skilled Nursing Care Services: Revenue generated from skilled nursing facility services including long-term care, short-term rehabilitation, and specialized medical support. Services are billed through Medicare, Medicaid, and private insurance.
2. Insurance and Government Programs: Accepts Medicare, Medicaid, and multiple commercial insurance carriers including Aetna, Blue Cross Blue Shield, Health Alliance, Humana, United Healthcare, and VA benefits for veteran care services.
3. Private Pay / Independent Living Rent: Revenue from private pay residents and independent living rental payments. Paxton Senior Living offers independent living options starting at $1,339 per month.
4. Specialized Care Services: Additional revenue streams from specialized services including memory care, hospice, palliative care, outpatient therapy, and IV therapy services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Accolade Health Care operates seven skilled nursing facilities across Central Illinois providing 24-hour nursing care, short-term rehabilitation, memory care, hospice/palliative care, outpatient therapy, IV therapy, and inpatient hemodialysis. It also runs an assisted living community (Saxony Court Senior Living) and independent living options, accepting Medicare, Medicaid, VA benefits, and private pay. The company maintains Joint Commission accreditation and has CMS star ratings across its facilities.

Product overview

Accolade Healthcare operates a network of seven skilled nursing facilities across Central Illinois (Peoria, Danville, Pontiac, Paxton Senior Living, Paxton on Pells, Savoy, and Waterloo) plus Saxony Court Senior Living for independent/assisted living. The core offering is skilled nursing and rehabilitation care combining cutting-edge medical technology with family atmosphere. Services span short-term rehabilitation, long-term care, memory care units, outpatient therapy, hospice/palliative care, IV therapy, wound care, and inpatient hemodialysis. Supporting programs include an in-house CNA School for staff development and DRIPT partnership for IV nutrition therapy. The company accepts Medicare, Medicaid, and major insurance carriers including Aetna, Blue Cross Blue Shield, Health Alliance, Humana, and United Healthcare.

Differentiator

Problem solved

Functional benefit

Products and services

• Skilled Nursing Care 24-hour skilled nursing care provided across seven facilities in Central Illinois, serving residents needing long-term care, post-acute recovery, or chronic condition management. Medicare, Medicaid, VA, and private pay accepted.
• Saxony Court Senior Living (Assisted Living) Assisted living community providing residential housing with personal care support services for older adults who need assistance with daily activities but do not require skilled nursing.
• Paxton Senior Living (Independent Living) Independent senior living community offering townhouses and studio apartments for active older adults seeking maintenance-free residential living.
• Memory Care Services Specialized memory care programming for residents with Alzheimer's disease and other forms of dementia, provided within designated skilled nursing settings.
• Rehabilitation Services Short-term physical, occupational, and speech therapy for post-acute patients recovering from surgery, illness, or injury, designed to help residents regain independence and return home.
• Inpatient Hemodialysis In-facility hemodialysis treatment for skilled nursing residents who require renal dialysis as part of their long-term or post-acute care plan.
• DRIPT IV Therapy Intravenous therapy services delivered in partnership with DRIPT, providing hydration, vitamin, and wellness IV treatments to residents and the community.
• CNA Training Program Certified Nursing Assistant (CNA) school/program designed to train nursing assistants, supporting workforce pipeline development for the company's facilities.
• Outpatient Therapy Outpatient physical, occupational, and speech therapy available to community members who do not require inpatient or residential care.
• Hospice and Palliative Care End-of-life hospice and palliative care services for residents and families needing comfort-focused clinical and emotional support.

Quantifiable outcome

• Decrease in hospitalizations, falls, and wound improvement with DRIPT IV therapy services
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core.

• DRIPTcoreTechnology or Integration · 1 December 2022Accolade Healthcare partners with DRIPT to offer personalized IV hydration and vitamin nutrition programs in-house. DRIPT Registered Nurses come on-site monthly to work with Accolade clinical teams. Services help with malnutrition, dehydration, chronic wounds, cognitive decline, and weight management. Pilot at Pontiac showed decreased hospitalizations, falls, and wound improvement.
• Connect Care HerocoreTechnology or IntegrationAccolade Healthcare offers enhanced activities with the Telly System from Connect Care Hero. The system provides massive interactive screens, on-demand activities, live classes, and a HIPAA-compliant application for families to view daily photos and videos of their loved ones.
• Carle HospitalcoreStrategic or Co-development PartnerAccolade Healthcare of Savoy is a post-acute partner with Carle Hospital, ensuring seamless transitions and coordinated care for patients moving from hospital to skilled nursing facilities.
• U.S. Department of Veterans AffairscoreStrategic or Co-development PartnerAccolade Healthcare of Danville is contracted with the local VA hospital to accept VA benefits for veteran care including short-term, long-term, respite, and hospice services. Paxton on Pells also accepts United Healthcare VA Optum Insurance Plans.
• Saxony Court Senior LivingcoreStrategic or Co-development PartnerSaxony Court Senior Living is an independent and assisted living community affiliated with Accolade Healthcare. Located at 500 Centennial Drive in East Peoria, it shares a campus with Accolade Healthcare of East Peoria and hosts the CNA School.
• Area HospitalscoreStrategic or Co-development PartnerAccolade Healthcare works with multiple area hospitals to ensure well-regimented rehab-to-home programs and smooth patient transfers. Peoria location partners with both local hospital systems within half a mile.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Others

• LTC Properties: Healthcare REIT specializing in skilled nursing and assisted living properties. Indirectly comparable as an investor and valuation reference for SNF/assisted living real estate that backs regional multi-site operators like Accolade.
• Sabra Health Care REIT: Healthcare REIT focused on skilled nursing and senior housing real estate. Indirectly comparable as a capital partner and bellwether for SNF real estate valuations underlying operating companies like Accolade.

Direct peers

• National HealthCare Corporation: Long-established operator of skilled nursing facilities, assisted living, and home care across the Southeastern and Midwestern U.S. Highly comparable SNF and assisted living operating model with similar Medicare/Medicaid payor mix.
• Genesis HealthCare: One of the largest U.S. operators of skilled nursing and senior living facilities, with significant presence in the Midwest. Directly comparable SNF operating model, though at much larger scale and with broader geographic reach.
• PACS Group: Post-acute and skilled nursing operator that grew rapidly via acquisitions of underperforming SNFs and repositioned them operationally. Closely mirrors Accolade's acquisition strategy, regional clustering, and focus on clinical turnaround in skilled nursing.
• The Pennant Group: Operator of home health, hospice, and senior living services that spun out of Ensign with a decentralized operating model. Comparable on community-based senior care delivery and decentralized operational structure, though more weighted to home health.
• The Ensign Group: Operator of skilled nursing and post-acute care facilities across multiple states with a decentralized acquisition-led growth model. Highly comparable to Accolade's SNF operator profile and roll-up playbook, though at significantly greater scale.

Broad incumbents

• Encompass Health: Major operator of inpatient rehabilitation hospitals and post-acute care services across the U.S. Overlaps with Accolade on the post-acute, rehabilitation, and therapy delivery dimension, though its core model is inpatient rehab hospitals rather than SNFs.
• ProMedica: Non-profit health system operating skilled nursing, memory care, and assisted living facilities, with notable Ohio and Midwest presence. Comparable on the SNF and assisted living services, though anchored in a much broader integrated health system.
• Brookdale Senior Living: Large national operator of senior living communities including independent living, assisted living, and memory care. Comparable on the assisted living and continuum-of-care component (Saxony Court) but operates at much broader scale and is more weighted to assisted living than skilled nursing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/pg/AccoladeHealthcare/posts
• LinkedInlinkedin.com/company/accolade-healthcare

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

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 Accolade Health Care