Memorial Healthcare

What Memorial Healthcare does

Memorial Healthcare is a 150-bed community hospital founded in 1921, headquartered in Owosso, Michigan, operating with 501-1000 employees. The organization serves the general patient population of Shiawassee County and surrounding rural areas, offering a portfolio of clinical services including radiation oncology, physical therapy, and general medical care.

The hospital's most notable clinical asset is its Cancer Center, which in January 2026 launched Stereotactic Radiation Therapy delivered via a Varian TrueBeam Linear Accelerator (LINAC) installed in partnership with McLaren Flint and the Karmanos Cancer Institute. This $6 million capital investment enables targeted cancer treatment in one to five sessions versus weeks or months with conventional radiation, with oncologists from Karmanos managing the radiation oncology program. Memorial also delivers physical therapy services through a hybrid onsite/telehealth model, with telehealth used as a continuity mechanism during staffing transitions.

Memorial operates as a fee-for-service healthcare system reimbursed through insurance, Medicare, and Medicaid. Its go-to-market is direct patient care delivery through hospital and outpatient facilities, with no SaaS, subscription, or productized revenue streams. The recent strategic direction reflects capability enhancement rather than geographic or vertical expansion — deepening oncology service intensity and extending telehealth reach within the existing service area.

Name

Memorial Healthcare

Legal name

Memorial Healthcare

Website

https://memorialhealthcare.org

Company type

Private

Founded year

1921

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Memorial Healthcare is a 150-bed community hospital in Owosso, Michigan, founded in 1921, serving Shiawassee County residents with radiation oncology, physical therapy, and general medical services via fee-for-service reimbursement.

Ownership category

akta.pro rank

Headquarters

HQ city

Owosso

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Core offering

Memorial Healthcare is a 150-bed hospital and healthcare organization in Owosso, Michigan that delivers acute care, cancer treatment, and physical therapy services. It operates the Memorial Healthcare Cancer Center, providing radiation oncology including Stereotactic Radiation Therapy enabled by a Varian TrueBeam linear accelerator, and offers physical therapy delivered onsite and via telehealth.

Product overview

Memorial Healthcare operates as a healthcare system offering multiple clinical service lines. The organization provides physical therapy services (onsite with telehealth backup) and comprehensive cancer care through its Cancer Center in Owosso, Michigan. The cancer center operates in partnership with McLaren Flint and Karmanos Cancer Institute, offering radiation oncology including advanced LINAC-based stereotactic radiation therapy. The portfolio includes a mix of direct-care services and partnership-enabled specialized treatments.

Differentiator

Problem solved

Functional benefit

Products and services

• Memorial Healthcare Cancer Center Comprehensive cancer treatment facility in Owosso, Michigan offering radiation oncology services including advanced LINAC-based radiation therapy and Stereotactic Radiation Therapy for Shiawassee County residents.
• Radiation Oncology Program

Named customers1 record

Segments1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• McLaren Flint / Karmanos Cancer InstitutecoreTechnology or Integration · 6 January 2026McLaren Flint invested nearly $6 million to install a Varian TrueBeam linear accelerator at Memorial Healthcare Cancer Center in Owosso, Michigan. The partnership enables oncologists from the Karmanos Cancer Institute at McLaren Flint to manage Memorial Healthcare's radiation oncology program, expanding access to advanced cancer care for Shiawassee County residents. Patients began treatments on January 6, 2026.

Scale indicators1 record

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• Munson Healthcare: Northern Michigan regional health system with a network of community hospitals offering comparable oncology and rehabilitation services; analogous in operating model and regional concentration.
• Bronson Healthcare: Southwest Michigan regional health system with comparable community-hospital service lines, including cancer care and outpatient therapy; relevant peer for service-mix and operational benchmarking.
• Sparrow Health System: Larger mid-Michigan health system providing similar community hospital services including oncology and rehabilitation; competes for patients across the region and represents a potential partnership or consolidation candidate.
• Trinity Health Michigan (Trinity Health Ann Arbor / Livonia): Large Catholic-system-affiliated hospital network offering community hospital services including cancer care and rehabilitation across Michigan; broader portfolio overlap with Memorial's service lines.
• Ascension Michigan (Ascension Genesys Hospital): Part of a national health system operating community hospitals in Michigan with comparable service lines including oncology and outpatient rehab; competes for inpatient and specialty referrals in the same regional footprint.
• MidMichigan Health (MyMichigan Medical Center – Midland): Regional, multi-hospital system with comparable inpatient and cancer care offerings serving central and northern Michigan; comparable in scale and community-hospital orientation to Memorial.

Direct peers

• Hurley Medical Center: Mid-Michigan community hospital serving a similar patient demographic with comparable inpatient, oncology, and therapy services; directly comparable in scale and mission.
• McLaren Flint: Regional acute-care hospital and Memorial's primary clinical partner. Both serve mid-Michigan communities with comparable inpatient, cancer, and specialty service lines, and McLaren's Karmanos affiliate directly manages Memorial's radiation oncology program.
• Covenant HealthCare: Mid-Michigan community-based acute-care hospital with similar bed-count and service-mix profile, including cancer care and rehabilitation; directly comparable peer in regional inpatient market.
• Karmanos Cancer Institute: Specialty NCI-designated cancer center whose clinicians manage Memorial's radiation oncology program; comparable in oncology service delivery and a direct peer for cancer-specific capabilities and partnership economics.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/Memorial_Owosso
• Facebookfacebook.com/memorialhealthcare
• LinkedInlinkedin.com/company/memorial-healthcare

Revenue estimate

Valuation estimate

Number of profiles

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 Memorial Healthcare