What is Elcor?
Elcor Nursing and Rehabilitation Center, situated in Horseheads, NY, is a 305-bed skilled nursing and rehabilitation facility with over six decades of service to the local community. The center is committed to fostering the physical and emotional well-being of its residents through a professional team and a comprehensive suite of programs. These offerings include specialized short-term rehabilitation, long-term care solutions, and an adult day health program. Elcor strives to provide a comfortable, home-like atmosphere, complemented by amenities such as dedicated dining services, accessible outdoor areas, and personalized activities designed to meet individual resident preferences. Their enduring dedication to high-quality care and active community engagement solidifies their reputation as a trusted choice for families seeking comprehensive nursing and rehabilitative services.
How much funding has Elcor raised?
Elcor has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Elcor
PPP
Public-Private Partnership
What's next for Elcor?
The recent major strategic investment in Elcor signals a pivotal moment for the organization, likely aimed at enhancing its service offerings, expanding its reach, or modernizing its facilities. Given the 'enterprise-level' nature of the total funding context, this capital infusion is expected to support significant growth initiatives, potentially including technological advancements in patient care, facility upgrades, or strategic partnerships within the healthcare ecosystem. Elcor's established history and commitment to quality suggest that this investment will be leveraged to further solidify its position as a leading provider of skilled nursing and rehabilitation services in its region.
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