Providence Healthcare Management

Provides support services to healthcare organizations.

2019 Inc. 5000 Rank:
# 9
Leadership:
Eli Gunzburg
2018 Revenue:
$ 225.9 Million
3-Year Growth:
12,565%
Industry:
Health
Location:
ClevelandOH 
Founded:
2008
Employees:
60
Eli Gunzburg, founder of Providence Healthcare Management. Photo Credit: Dustin Franz

Cleveland's Providence Healthcare Management provides operational support to rehabilitation centers, assisted-living facilities, and other healthcare providers across Ohio and Kentucky. The company was founded in 2008, but really took off in 2017, when a "perfect storm" in the long-term care industry caused some national providers to get out, says CEO Eli Gunzburg. Among other things, changes to Medicare and Medicaid sparked by the Affordable Care Act both prompted fewer people to seek care in facilities and shrank providers' profits. Gunzburg saw an opportunity: His company started adding buildings to its portfolio at a rapid clip, expanding from eight facilities in 2016 to more than 30 by the end of 2017. Gunzburg is now working to control that fast-growth. He overhauled the company's senior leadership and introduced 29 simple directives--"listen generously," "practice blameless problem-solving"--that get circulated staff-wide. They're also used in hiring decisions and performance evaluations. --Sophie Downes

Inc. 5000 Honors

MORE COMPANY INFORMATION