Sabal Palms Health Care Center

What Sabal Palms Health Care Center does

Sabal Palms Health & Rehabilitation is a 244-bed skilled nursing and rehabilitation facility located on The Palms of Largo, a 96-acre intergenerational senior living campus in Largo, Florida. The facility operates 34 pediatric skilled nursing beds and 25 young adult beds alongside adult long-term care, sub-acute rehabilitation, and outpatient therapy services delivered seven days a week. It is one of six communities on the campus (alongside Cypress Palms, Regal Palms, Royal Palms, Imperial Palms Apartments, Silver Palms Apartments, and The Learning Center preschool), all managed by Minnesota-based The Goodman Group, a strategic operating company with 60+ years of senior living experience.

The business runs a recurring month-to-month rental model across care levels with no buy-in fees, generating revenue through private pay, Medicare, and Medicaid reimbursement, plus ancillary services (The Bonsai Holistic Spa, equine therapy, fitness, and on-site professional medical suites). Differentiated programming includes Montessori Inspired Lifestyle memory care (Gold Level credential), the first Rock Steady Boxing affiliate in Florida for Parkinson's patients, Rendever virtual reality engagement, Tremble Clefs singing therapy, and intergenerational programs connecting residents with on-campus preschool children. Quality credentials include a CMS Five-Star Overall Rating, 2017 AHCA/NCAL Silver Achievement in Quality Award, and 2018 NRC Health Excellence in Action Award for employee satisfaction.

Distribution is sales-led and direct: dedicated sales and marketing directors at each community manage tours, referrals, and conversions through in-person tours, virtual tours, community events, and healthcare provider referrals. Marketing leverages content marketing via The Goodman Group blog, regional PR/newsroom coverage, paid search, and event-based demand generation targeting the Tampa Bay/Pinellas County senior demographic. Customer concentration is low given the consumer-pay model, though the facility carries typical skilled-nursing payer mix exposure to Medicare and Medicaid reimbursement rates.

Name

Sabal Palms Health Care Center

Legal name

Sabal Palms Health & Rehabilitation

Website

https://thepalmsoflargo.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Sabal Palms Health & Rehabilitation is a 244-bed skilled nursing facility in Largo, Florida, part of The Palms of Largo 96-acre intergenerational senior campus managed by The Goodman Group. It serves post-acute, long-term, memory care, and pediatric patients across the Tampa Bay region.

Ownership category

akta.pro rank

Product category

Senior Living & Skilled Nursing

NAICS

Nursing Care Facilities (Skilled Nursing Facilities) (62311), Nursing and Residential Care Facilities (623)

SIC

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

akta.pro primary industry

Multidisciplinary Outpatient Rehab Centers (PT/OT/SLP) (HLADAJAG)

akta.pro secondary industries

Geriatric Rehabilitation Programs (HLADAJAL), Neurologic Rehabilitation Centers (Stroke/TBI/SCI/MS/Parkinson’s) (HLADAJAH)

Keywords

• Skilled nursing care
• Senior living services
• Rehabilitation therapies
• Memory care programs
• Long-term care

Headquarters

HQ city

Largo

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Senior Living Rental Revenue: Month-to-month rental income from independent living, assisted living, memory care, and long-term care residents across six communities. No buy-in fees, offering flexibility to residents and families.
2. Skilled Nursing and Rehabilitation Services: Revenue from sub-acute rehabilitation, long-term nursing care, and outpatient therapy services at Sabal Palms Health & Rehabilitation. Includes Medicare, Medicaid, and private pay reimbursement.
3. Pediatric Care Services: Specialized pediatric skilled nursing care and therapy services including physical, occupational, and speech/language therapy at The Children's Center.
4. Veterans Program Discount Revenue: Veterans receive a 5% discount off monthly rent, with the discount not applying to second person fees, pet fees, care services, or à la carte charges. Revenue offset by increased veteran resident acquisition.
5. Spa and Wellness Services: Full-service spa services including massages, facials, manicures, pedicures, and salon treatments at The Bonsai Holistic Spa, managed by Cypress Palms.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Sabal Palms Health & Rehabilitation is a 244-bed skilled nursing facility offering sub-acute rehabilitation, long-term nursing care, memory care (Pearls of Life/Montessori Inspired Lifestyle), and a 34-bed pediatric skilled nursing unit within The Palms of Largo intergenerational campus in Largo, Florida. Therapy services (physical, occupational, speech, restorative, outpatient) operate seven days a week, with specialized Parkinson's programming (Rock Steady Boxing, Tremble Clefs) and equine therapy. The facility operates as part of a broader six-community senior living campus managed by The Goodman Group.

Product overview

Sabal Palms Health & Rehabilitation is a skilled nursing and rehabilitation facility within The Palms of Largo senior living campus. The core offering is 244 beds of skilled care including sub-acute rehabilitation, long-term nursing care, memory care through the Pearls of Life program, and a specialized pediatric unit. The facility provides therapy services (physical, occupational, speech, restorative, outpatient) seven days a week and is part of a larger 95-96 acre intergenerational campus managed by The Goodman Group that includes multiple residential communities, The Learning Center preschool, The Bonsai Holistic Spa, and various wellness programs including Rock Steady Boxing for Parkinson's disease and Tremble Clefs singing therapy.

Differentiator

Problem solved

Functional benefit

Products and services

• Sabal Palms Health & Rehabilitation (Skilled Nursing and Rehabilitation)

Quantifiable outcome

• Five-star CMS rating (highest possible) — Overall Quality 5-Star, Staffing 4-Star, Quality Measures 5-Star, Health Inspection 4-Star
• +5 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Teepa Snow / Positive Approach to Care (PAC)minorStrategic or Co-development Partner · 9 November 2023Dementia care expert Teepa Snow presented a Caregiving 360 seminar at The Palms of Largo for caregivers, professionals, and senior advocates. Teepa's mission is to share knowledge about dementia so everyone understands why changes occur and how to better support those living with brain change.
• Center for Applied Research in DementiaminorStrategic or Co-development Partner · 22 May 2019Regal Palms received Gold Level designation as a Montessori Inspired Lifestyle Credentialed Community from the Center for Applied Research in Dementia. The approach was developed by Dr. Cameron Camp, founder of the Center, adapting Montessori methods for adults with dementia.
• Rock Steady Boxing Inc.coreStrategic or Co-development Partner · 1 January 2016Rock Steady Boxing is an affiliate program of Rock Steady Boxing Inc. The Palms of Largo was the first RSB affiliate in Florida and the first boxing gym at a Goodman Group-managed community. RSB provides non-contact boxing-style fitness curriculum for individuals with Parkinson's. Classes taught by RSB Certified Coaches with Leah Einboden as Program Director. The program opened in 2016.
• Saddle Up Riding ClubminorStrategic or Co-development Partner · 10 March 2015Equine therapy partnership with Saddle Up Riding Club, a nonprofit in Pinellas Park and PATH Intl. member center. Residents with short and long term memory loss from Sabal Palms Health & Rehabilitation participate in therapeutic horseback riding. Sipos founded Saddle Up Riding Club 10 years prior to provide Equine Assisted Activities & Therapies (EAAT) for individuals with disabilities.
• Alzheimer's AssociationminorStrategic or Co-development PartnerPartnership with the Alzheimer's Association through the Caring for the Caregiver support group held at The Plaza on the fourth Thursday of every month. Also partnered for events such as Suds for Support, a car wash fundraiser benefiting the Walk to End Alzheimer's.
• The Goodman GroupcoreOthersThe Palms of Largo is managed by The Goodman Group, a Minnesota-based company with more than 60 years of experience developing and managing senior living and health care communities, residential communities, and commercial properties. The Goodman Group developed the Palms of Largo campus and continues to manage all six communities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Genesis HealthCare: Major U.S. skilled nursing and assisted/senior living operator with rehabilitation therapy services. Directly comparable to Sabal Palms on sub-acute rehabilitation focus, contract therapy, and skilled nursing operating model.
• National HealthCare Corporation: Public operator of skilled nursing facilities, assisted living, and home health in the Southeast and Midwest. Directly comparable to Sabal Palms on SNF-plus-assisted living mix, regional Southeast concentration, and Medicare/Medicaid revenue exposure.
• The Ensign Group: Public skilled nursing and post-acute care operator with 300+ facilities across the U.S. Directly comparable to Sabal Palms Health & Rehabilitation on 244-bed skilled nursing focus, Medicare/Medicaid reimbursement model, sub-acute rehab, and regulatory quality positioning.
• Brookdale Senior Living: Largest U.S. senior living operator with ~650 communities spanning independent living, assisted living, memory care, and skilled nursing. Directly comparable to Sabal Palms on continuum-of-care breadth, multi-level service mix, and reliance on private pay plus Medicare/Medicaid reimbursement across multiple states.
• Sunrise Senior Living: Premier senior living operator with a strong footprint in independent living, assisted living, and memory care. Comparable to Sabal Palms on premium positioning, dedicated memory care programming, and therapeutic activity offerings.
• Life Care Centers of America: Privately held operator of skilled nursing, assisted living, and Alzheimer's/dementia care facilities across the U.S. Directly comparable to Sabal Palms on family-owned multi-state SNF portfolio and long-term care continuum.
• Atria Senior Living: Operator of 200+ senior living communities across the U.S. and Canada, focused on independent living, assisted living, and memory care. Comparable to Sabal Palms' Cypress Palms, Royal Palms, and Regal Palms communities on service mix, monthly-rental model, and high-touch lifestyle programming.
• Erickson Senior Living: Operator of large-scale continuing care retirement communities (CCRCs) on single campuses serving 10,000+ residents. Directly comparable to The Palms of Largo on single-campus age-in-place model, scale of footprint, and broad care continuum.
• Five Star Senior Living: Operator of independent living, assisted living, and memory care communities with rehabilitation and skilled nursing services. Comparable to Sabal Palms on multi-level care communities, lifestyle programming, and private pay plus third-party reimbursement.

Broad incumbents

• The Goodman Group: Parent management company of The Palms of Largo with 60+ years developing and managing senior living, health care, residential, and commercial communities. Comparable as the management platform governing Sabal Palms' operations, capital allocation, and broader portfolio strategy across multiple Goodman-managed communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sabal-palms-health-care-ctr

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Sabal Palms Health Care Center