Diligence memo · auto-generated · as of July 2, 2026
Progressive Acute Care, LLC
Progressive Acute Care, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Progressive Acute Care, LLC operates in Hospitals and Physicians, based in MANDEVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Progressive Acute Care, LLC has raised $7.8M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.8M on 2009-03-31.
Most recent recorded round closed around 2013-04-30.
Valuation (modeled)modeled
Provath models Progressive Acute Care, LLC at approximately $56M (range $4.0M–$306M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Series A Hospitals and Physicians companies in 2013–2015 (7 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 49 months.
Last raise 13.2 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.6× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 77% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 74% of those peers.
Closest niche peers: Bay Area Hospital Real Estate, LLC, HPI Broadway, LLC, ConvenientMD LLC, University General Health System, Inc., Lifepoint Hospitals, Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.