How Much Did Summit Care II Raise?
Funding & Key Investors

Summit Care II has successfully secured a significant capital infusion, bringing its total funding to $669K. This latest financial milestone, characterized by a $669K strategic investment, underscores the firm's robust position within the healthcare consulting sector. By leveraging this recent influx of liquidity, the organization is well-positioned to enhance its service delivery models across its network of skilled nursing and assisted living facilities.

What is Summit Care II?

Summit Care II
Business ServicesProject Management

Founded in 1996 by Joe D. Mitchell and C. Guy Farmer, Summit Care II operates as a specialized consultancy firm headquartered in Tallahassee, Florida. The company provides comprehensive operational support to healthcare facilities, focusing on clinical services, reimbursement optimization, and business office efficiency. Through a multidisciplinary team of experts, the firm addresses critical operational challenges ranging from information technology and personnel management to physical plant maintenance and therapy services. By integrating education and training into its core service offering, Summit Care II maintains a high standard of facility management, ensuring that its clients remain compliant and financially viable in a complex regulatory environment.

How much funding has Summit Care II raised?

Summit Care II has raised a total of $669K across 1 funding round:

2021

Debt

$669K

Debt (2021): $669K with participation from PPP

Key Investors in Summit Care II

PPP

Public-Private Partnership

What's next for Summit Care II?

With the recent capital injection, Summit Care II is poised to scale its consulting infrastructure and deepen its technological capabilities. The firm is expected to prioritize the expansion of its clinical reimbursement and billing support services, which are essential for maintaining cash flow stability in the skilled nursing industry. Furthermore, the strategic allocation of these funds will likely facilitate the enhancement of its proprietary training programs, allowing the company to standardize care quality across its network. As the healthcare landscape continues to evolve, Summit Care II remains focused on leveraging its deep domain expertise to drive operational excellence and long-term sustainability for its partner facilities.

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Frequently Asked Questions Regarding Summit Care II Financial Insights

What are the most recent funding rounds that Summit Care II has completed, and what were the funding rounds?
Summit Care II has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding Summit Care II has raised to date?
Summit Care II has raised a total of $669K in funding to date.
How many funding rounds has Summit Care II completed?
Summit Care II has completed 1 funding rounds.
How much funding did Summit Care II raise in its most recent funding round?
Summit Care II raised $669K in its most recent funding round.
Who are the lead investors in Summit Care II's latest funding round?
The lead investor in Summit Care II's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Summit Care II's history?
The largest funding round in Summit Care II's history was $669K.
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